is the social trading aspect of it so basically what you want to do is you want to go on Discover…Etoro Debit Card Review…
and essentially you men can see this area right here so you want to scroll scroll to copy Trader now if you’re questioning my account balance I am presently in the virtual um one today so as you guys can see right here this is copy Trader so essentially what this enables you to do is it allows you to basically just mirror the portfolios of the top investors so this just implies that if there is a leading financier fine you can just merely copy their trades and you don’t need to do absolutely anything at all so you guys can see right here this is a list this section right here is the list of the top investors so you men can see the return over two years over 2 years he’s posted a return of 72 over 2 years he’s posted 33 over 2 years he’s published 120 27 so you guys can get the idea from there you men can essentially go on and click these guys and essentially copy their trades so you men can see on the button on the leading right here you people can click this button and naturally essentially what this allows you to do is this will permit you to copy that
person’s trade now the factor this is in fact quite cool is because if you’re able to copy somebody’s trade essentially what this means is invest really wisely without actually doing any work so as you men can see right here it reveals their danger level and as you guys can see right here it says this is his risk rating so a threat rating level of two you men can see right here 2 shows us that his danger is very extremely low if someone’s danger rating was level 10 obviously you men would see that their wrist level is totally 10 and it suggests it’s most likely to be volatile meaning you can have extremely losses and very gains now basically all you would wish to do is click this copy button right here then naturally you would merely invest the quantity that you desire all right over a particular amount of time so it would state close the investment likewise right here you people can see there’s a box below and essentially what this does is this protects your losses so let’s say for instance you had ten thousand dollars that you wanted to buy and obviously you didn’t want to lose more than let’s state a thousand dollars you didn’t want your financial investment to drop listed below 9 thousand dollars you would say Okay close the financial investment if it drops below 9 thousand dollars so of course as you men can see right there it shows if the worth drops below 88 or 9 000 obviously that is going to be something it closes so of course as you guys can say this suggests if when you want to tick this box you copy the open trades and as a newbie you can put your cash on this platform and
merely Cobble their open trades now you don’t really have to do anything right here this is 100 entirely passive and if I click invest it’s going to go ahead and for the next year or so it’s going to copy their trades now as you people can see you can proceed and look at similar Traders right here and see their active thing now let’s make this so heros as you can in fact see what’s inside their portfolio what they’re purchasing you can see what they’re holding uh just how much they’ve you know they have actually been offering precisely what’s been giving them a large profit um you people can see precisely what they purchase you can likewise see the stats you can see each and every single month that they have actually made money you guys can see the efficiency of course you men can see 2022 you guys can see just how much they made every single month some red months some green months it’s absolutely a very very intriguing way to do this and naturally they do have an area where you can talk with individuals also so that is going to be the highlight of etoro and like I said it’s absolutely great now there’s many different ways that you can actually trade too so for instance let’s state I wanted to go onto my watch list right here and this is the default watch list that they provide you however let’s state for example I wanted to trade Tesla I don’t know if the stock exchange is open today I think I think the stock exchange did just open so essentially what we can do here is you can obviously trade now you can obviously trade utilizing utilize also so you can even if you just have a thousand dollars to start you can then obviously use 5 times utilize men and of course this indicates that you can
increase your position size so what’s also intriguing about this guys is that you also do not want to have a situation where the overnight feed um ruins you because of course as you men can see right here when you trade with the take advantage of men there is an over night cost because of course you’re using another person’s cash you men can see the over night charge I’m not exactly sure if you guys can see may need to focus it’s four dollars on a weekend and one dollar daily so that indicates each and every single day that is going to be the fee that you pay to etoro for utilizing their cash now if you just utilize top utilize regular take advantage of then you’re not going to be paying that much depending on The Take advantage of you utilize there’s going to be an increased cost because of course your borrow covering that money now understand that obviously buying um any significant amount of Tesla obviously as you men can see it in fact shows right here the real worth of our real trade and of course essentially what you wish to do here people is naturally I would try out the virtual account initially due to the fact that this is going to get you to grips it’s going to be able to show you uh how you can actually utilize the platform to generate income now naturally if you do not wish to buy you think a Stock’s going to decrease you can do offer naturally it’s essentially shorting the market so of course this is going to be something that you can easily do and then naturally we have actually got different ones you can buy here so basically what you want to order and if you think Tesla’s gon na go to 120 you can do order and after that you can strike 120 and say alright when evaluated is 120 I want 2 500 to go in and of course you people see the rate there so that is something you can do and naturally it will be bought with take advantage of
and of course you people can see you can set your take profits and stuff like that so that is something that you can do what’s also interesting as well is that you can actually talk to all these individuals that are buying Tesla and see their things so you guys can see this person’s asking is it going up or down um and the factor I chose Tesla is due to the fact that it’s a really interesting stop at the moment so it’s certainly extremely extremely fascinating and what’s also interesting also is that you can also see I believe you can see the marketplace belief as well because uh you understand it’s definitely something that you understand you require to take a look at and if you also want to look at the company’s balance sheets you can see whether it’s going up or down naturally you people can see in general there’s an uptrend of course you guys to see the earnings is likewise going it’s in fact pretty stagnant but it’s still in rather an uptrend so um as you guys can see it’s certainly actually actually intriguing and you guys can see the last three years for Tesla have actually been definitely ridiculous so all of that stuff alright and when you go to the analysis tab I think this is where we have some truly excellent indications um I’m simply unsure if this is working yeah so you guys can see that right here we have the analysis tab now you can go to any stock click the analysis tab right here so simply click analysis and then essentially when you scroll down it shows you if it’s a buy or not now individuals will be saying um it shows you if based on 16 of offering under my condition on Tesla it says moderate buy it reveals you also the forecast okay the forecast is that it’s going to be at 232 which is an 87 gain based on 16 ranked
experts and naturally as you men can see over the next 12 months individuals are targeting 4 to 9 obviously 258 and of course 87 at the bearish quote so it gives you a nice location um on what you wish to do and obviously you people can see it connects to the post so you can read the post since they in fact post these for the general public naturally you people can see um Tesla and naturally as you guys can see right here when you scroll down you can see a lot more details about this stock so you guys can see that the the sentiment of course
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Conclusion:
Etoro has actually changed the investment landscape by producing a platform that integrates social trading, instructional resources, and a varied variety of financial instruments. As a retired hedge fund manager, I extremely recommend Etoro for those looking to begin their investment journey or enhance their trading skills.