is the social trading element of it so essentially what you wish to do is you want to go on Discover…Etoro Digital Nomad…
and essentially you people can see this area right here so you wish to scroll scroll to copy Trader now if you’re questioning my account balance I am presently in the virtual um one right now so as you guys can see right here this is copy Trader so basically what this permits you to do is it permits you to basically simply mirror the portfolios of the leading investors so this just indicates that if there is a top investor fine you can just merely copy their trades and you don’t need to do absolutely anything so you men can see right here this is a list this section right here is the list of the leading investors so you guys can see the return over 2 years over 2 years he’s published a return of 72 over 2 years he’s published 33 over two years he’s published 120 27 so you guys can get the idea from there you guys can basically go ahead and click these guys and essentially copy their trades so you people can see on the button on the leading right here you people can click this button and obviously essentially what this permits you to do is this will enable you to copy that
person’s trade now the reason this is really pretty cool is since if you have the ability to copy someone’s trade essentially what this suggests is invest very smartly without really doing any work so as you men can see right here it shows their risk level and as you people can see right here it states this is his risk score so a danger rating level of two you people can see right here 2 shows us that his threat is extremely very low if someone’s threat rating was level 10 of course you guys would see that their wrist level is completely 10 and it indicates it’s likely to be unpredictable meaning you can have extremely gains and very losses now essentially all you would wish to do is click this copy button right here then naturally you would merely invest the amount that you desire alright over a certain amount of time so it would state close the financial investment likewise right here you people can see there’s a box below and essentially what this does is this safeguards your losses so let’s state for example you had 10 thousand dollars that you wanted to invest in and naturally you didn’t wish to lose more than let’s say a thousand dollars you didn’t desire your investment to drop listed below 9 thousand dollars you would state Okay close the investment if it drops below 9 thousand dollars so obviously as you people can see right there it reveals if the worth drops listed below 88 or 9 000 of course that is going to be something it closes so of course as you men can say this indicates if when you wish to tick this box you copy the open trades and as a novice you can put your money on this platform and
merely Cobble their open trades now you don’t actually have to do anything right here this is 100 entirely passive and if I click invest it’s going to go on and for the next year or so it’s going to copy their trades now as you people can see you can go on and take a look at similar Traders right here and see their active thing now let’s make this so heros as you can really see what’s inside their portfolio what they’re buying you can see what they’re holding uh just how much they’ve you know they’ve been selling exactly what’s been providing a big earnings um you people can see precisely what they buy you can likewise see the statistics you can see every month that they have actually generated income you men can see the performance naturally you men can see 2022 you men can see how much they made every month some red months some green months it’s definitely an extremely extremely interesting method to do this and naturally they do have an area where you can talk with people also so that is going to be the main feature of etoro and like I said it’s certainly excellent now there’s various ways that you can actually trade too so for example let’s state I wished to go onto my watch list right here and this is the default watch list that they offer you but let’s say for instance I wished to trade Tesla I don’t know if the stock market is open today I think I believe the stock market did simply open so basically what we can do here is you can naturally trade now you can of course trade using take advantage of as well so you can even if you just have a thousand dollars to begin you can then of course usage five times take advantage of men and naturally this implies that you can
increase your position size so what’s also fascinating about this people is that you also do not wish to have a situation where the over night feed um ruins you because of course as you guys can see right here when you trade with the utilize people there is an over night fee because of course you’re using somebody else’s money you people can see the over night cost I’m not sure if you guys can see might need to zoom in it’s four dollars on a weekend and one dollar daily so that suggests every single day that is going to be the cost that you pay to etoro for utilizing their cash now if you simply utilize number one utilize regular utilize then you’re not going to be paying that much depending on The Leverage you use there’s going to be an increased cost because of course your borrow covering that money now comprehend that naturally purchasing um any considerable amount of Tesla of course as you men can see it really reveals right here the real value of our actual trade and of course essentially what you want to do here people is of course I would try out the virtual account first since this is going to get you to grips it’s going to be able to reveal you uh how you can really utilize the platform to make money now naturally if you do not want to buy you believe a Stock’s going to decrease you can do sell of course it’s basically shorting the market so naturally this is going to be something that you can easily do and then of course we’ve got different ones you can purchase here so basically what you wish to buy and if you believe Tesla’s gon na go to 120 you can do order and after that you can strike 120 and say all right when tested is 120 I desire 2 500 to enter and of course you men see the rate there so that is something you can do and naturally it will be purchased with leverage
and of course you guys can see you can set your take revenues and stuff like that so that is something that you can do what’s likewise fascinating too is that you can literally talk with all these individuals that are buying Tesla and see their things so you men can see this person’s asking is it going up or down um and the factor I selected Tesla is because it’s a really intriguing stop at the moment so it’s definitely really extremely interesting and what’s also fascinating also is that you can also see I think you can see the market belief as well since uh you understand it’s definitely something that you understand you need to take a look at and if you also wish to look at the business’s balance sheets you can see whether it’s going up or down naturally you men can see overall there’s an uptrend naturally you men to see the earnings is also going it’s really quite stagnant however it’s still in quite an uptrend so um as you people can see it’s absolutely really really intriguing and you guys can see the last 3 years for Tesla have actually been definitely outrageous so all of that stuff all right and when you go to the analysis tab I think this is where we have some really excellent signs um I’m simply uncertain if this is working yeah so you men 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 basically when you scroll down it reveals you if it’s a buy or not now people will be stating um it reveals you if based upon 16 of offering under my condition on Tesla it says moderate buy it reveals you likewise the forecast fine the forecast is that it’s going to be at 232 which is an 87 gain based on 16 ranked
analysts and obviously as you men can see over the next 12 months individuals are targeting four to nine naturally 258 and obviously 87 at the bearish estimate so it gives you a nice location um on what you want to do and naturally you guys can see it links to the post so you can read the short article because they in fact publish these for the 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 info about this stock so you guys can see that the the sentiment naturally
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Conclusion:
Etoro has actually reinvented the investment landscape by developing a platform that combines social trading, academic resources, and a diverse variety of monetary instruments. As a retired hedge fund manager, I highly suggest Etoro for those looking to begin their investment journey or improve their trading skills.