is the social trading aspect of it so basically what you want to do is you want to go on Discover…Etoro Dex…
and essentially you guys can see this area right here so you want to scroll scroll down to copy Trader now if you’re questioning my account balance I am currently in the virtual um one right now so as you people can see right here this is copy Trader so essentially what this allows you to do is it permits you to basically just mirror the portfolios of the leading financiers so this simply means that if there is a leading investor fine you can just merely copy their trades and you do not require to do absolutely anything at all so you people can see right here this is a list this section right here is the list of the leading investors so you people can see the return over 2 years over two years he’s posted a return of 72 over 2 years he’s published 33 over 2 years he’s posted 120 27 so you guys can understand from there you men can basically proceed and click these men and basically copy their trades so you men can see on the button on the top right here you men can click this button and of course essentially what this permits you to do is this will permit you to copy that
person’s trade now the factor this is actually quite cool is due to the fact that if you have the ability to copy somebody’s trade essentially what this implies is invest extremely wisely without actually doing any work so as you men can see right here it reveals their risk level and as you guys can see right here it states this is his danger score so a danger score level of 2 you people can see right here two shows us that his risk is really extremely low if someone’s danger score was level 10 of course 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 incredibly losses and incredibly gains now essentially all you would wish to do is click this copy button right here then of course you would just invest the quantity that you desire fine over a specific amount of time so it would say close the financial investment likewise right here you men can see there’s a box beneath and essentially what this does is this protects your losses so let’s state for example 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 below nine thousand dollars you would state Okay close the investment if it drops below 9 thousand dollars so of course as you men can see right there it reveals if the value drops below 88 or 9 000 of course that is going to be something it closes so naturally as you guys can state this means if when you wish to tick this box you copy the open trades and as a beginner you can put your money on this platform and
simply Patch their open trades now you don’t actually have to do anything right here this is 100 completely 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 good guys as you can actually see what’s inside their portfolio what they’re purchasing you can see what they’re holding uh how much they’ve you understand they’ve been selling exactly what’s been providing a big profit um you men can see exactly what they purchase you can likewise see the stats you can see every month that they have actually earned money you people can see the efficiency naturally you people can see 2022 you guys can see just how much they made every single month some red months some green months it’s definitely a very very interesting method to do this and of course they do have a location where you can talk with people too so that is going to be the main feature of etoro and like I stated it’s absolutely great now there’s various manner ins which you can really trade as well so for instance let’s state I wished to go onto my watch list right here and this is the default watch list that they offer you however let’s state for instance I wanted to trade Tesla I do not know if the stock exchange is open today I think I think the stock exchange did simply open so basically what we can do here is you can obviously trade now you can naturally trade utilizing utilize as well so you can even if you just have a thousand dollars to begin you can then obviously use five times utilize men and of course this indicates that you can
increase your position size so what’s also interesting about this men is that you likewise do not wish to have a circumstance where the over night feed um ruins you because of course as you men can see right here when you trade with the utilize people there is an over night charge because of course you’re using another person’s money you people can see the over night fee I’m not exactly sure if you people can see might need to zoom in it’s 4 dollars on a weekend and one dollar daily so that indicates every single day that is going to be the charge that you pay to etoro for utilizing their cash now if you simply utilize top leverage regular take advantage of then you’re not going to be paying that much depending upon The Leverage you use there’s going to be an increased fee because of course your obtain covering that money now comprehend that obviously buying um any significant quantity of Tesla naturally as you guys can see it in fact reveals right here the genuine value of our actual trade and obviously essentially what you wish to do here people is obviously I would experiment with the virtual account initially since this is going to get you to grips it’s going to be able to show you uh how you can actually use the platform to earn money now naturally if you don’t wish to buy you believe a Stock’s going to go down you can do offer naturally it’s basically shorting the market so naturally this is going to be something that you can easily do and then obviously we’ve got various ones you can buy here so essentially what you wish to order and if you think Tesla’s gon na go to 120 you can do order and then you can strike 120 and state all right when evaluated is 120 I want 2 500 to enter and obviously you guys see the rate there so that is something you can do and obviously it will be purchased with take advantage of
and of course you men can see you can set your take revenues and things like that so that is something that you can do what’s likewise intriguing as well is that you can actually speak to all these people that are buying Tesla and see their stuff so you people 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 very interesting stop at the moment so it’s absolutely really extremely intriguing and what’s likewise interesting as well is that you can also see I believe you can see the market sentiment too since uh you know it’s absolutely something that you know you need to take a look at and if you also wish to take a look at the company’s balance sheets you can see whether it’s increasing or down of course you guys can see in general there’s an uptrend obviously you guys to see the earnings is likewise going it’s actually quite stagnant but it’s still in quite an uptrend so um as you guys can see it’s absolutely actually truly interesting and you people can see the last three years for Tesla have been definitely ridiculous so all of that things alright and when you go to the analysis tab I think this is where we have some really good indicators um I’m just not sure 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 just click analysis and after that essentially when you scroll down it reveals you if it’s a buy or not now individuals will be stating um it reveals you if based upon 16 of providing under my condition on Tesla it states moderate buy it shows you also the prediction okay the forecast is that it’s going to be at 232 which is an 87 gain based upon 16 ranked
analysts and obviously as you guys can see over the next 12 months people are targeting four to nine of course 258 and of course 87 at the bearish quote so it offers you a good location um on what you want to do and obviously you men can see it connects to the short article so you can read the post since they actually post these for the general public of course you people can see um Tesla and of course as you people can see right here when you scroll down you can see a lot more details about this stock so you men can see that the the sentiment naturally
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Conclusion:
Etoro has actually transformed the financial investment landscape by producing a platform that integrates social trading, instructional resources, and a diverse range of monetary instruments. As a retired hedge fund manager, I extremely suggest Etoro for those looking to begin their financial investment journey or enhance their trading abilities.