is the social trading element of it so essentially what you wish to do is you wish to go on Discover…Etoro Pro Auto Rebalance Close…
and essentially you people can see this location right here so you wish to scroll scroll to copy Trader now if you’re wondering my account balance I am presently in the virtual um one today so as you men can see right here this is copy Trader so essentially what this enables you to do is it allows you to basically simply mirror the portfolios of the top financiers so this just suggests that if there is a top financier okay you can just merely copy their trades and you do not require to do absolutely anything so you people can see right here this is a list this section right here is the list of the leading financiers so you guys can see the return over 2 years over 2 years he’s posted a return of 72 over 2 years he’s published 33 over two years he’s published 120 27 so you men can get the idea from there you guys can basically go on and click these men and essentially copy their trades so you people can see on the button on the top right here you men can click this button and of course essentially what this allows you to do is this will enable you to copy that
individual’s trade now the factor this is really quite cool is due to the fact that if you have the ability to copy someone’s trade basically what this implies is invest really wisely without in fact 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 states this is his risk rating so a threat rating level of two you people can see right here two programs us that his risk is really very low if someone’s risk score was level 10 naturally you men would see that their wrist level is totally 10 and it means it’s most likely to be unpredictable meaning you can have incredibly gains and extremely losses now essentially all you would want to do is click this copy button right here then of course you would just invest the quantity that you want okay over a specific amount of time so it would state close the financial investment also right here you people can see there’s a box beneath and basically what this does is this safeguards your losses so let’s say for example you had 10 thousand dollars that you wanted to invest in and obviously you didn’t wish to lose more than let’s state a thousand dollars you didn’t want 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 men can see right there it shows if the value drops below 88 or 9 000 naturally that is going to be something it closes so obviously as you men can state this indicates if when you want to tick this box you copy the open trades and as a novice you can put your money on this platform and
just Patch their open trades now you do not really need to do anything right here this is 100 totally 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 go ahead 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 just how much they’ve you know they’ve been offering exactly what’s been giving them a large revenue um you people can see precisely what they buy you can also see the stats you can see each and every single month that they have actually made money you people can see the performance of course you people can see 2022 you men can see how much they made each and every single month some red months some green months it’s certainly a very really intriguing way to do this and of course they do have an area where you can talk with individuals also 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 say I wanted to go onto my watch list right here and this is the default watch list that they offer you however let’s state for example I wished to trade Tesla I don’t understand if the stock exchange is open today I believe I think the stock exchange did simply open so essentially what we can do here is you can obviously trade now you can of course trade using leverage as well so you can even if you only have a thousand dollars to begin you can then of course usage 5 times utilize people and obviously this suggests that you can
increase your position size so what’s likewise fascinating about this people is that you likewise 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 charge because of course you’re using another person’s money you guys can see the over night fee I’m unsure 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 money now if you simply utilize primary utilize typical leverage then you’re not going to be paying that much depending upon The Utilize you use there’s going to be an increased cost because of course your obtain covering that money now comprehend that of course purchasing um any significant amount of Tesla obviously as you guys can see it really reveals right here the genuine value of our actual trade and obviously basically what you wish to do here people is obviously I would try out the virtual account initially because this is going to get you to grips it’s going to have the ability to reveal you uh how you can actually use the platform to earn money now naturally if you do not wish to purchase you think a Stock’s going to go down you can do offer of course it’s essentially shorting the marketplace so obviously this is going to be something that you can quickly do and after that of course we’ve got various ones you can purchase here so essentially what you want to buy and if you believe Tesla’s gon na go to 120 you can do order and then you can strike 120 and state all right when checked is 120 I desire 2 500 to go in and of course you guys see the rate there so that is something you can do and naturally it will be bought with leverage
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 also intriguing too is that you can literally speak with all these people that are buying Tesla and see their stuff so you people can see this person’s asking is it increasing or down um and the reason I selected Tesla is due to the fact that it’s a really interesting stop at the moment so it’s definitely very really interesting and what’s likewise interesting too is that you can likewise see I think you can see the marketplace sentiment also because uh you know it’s absolutely something that you understand you need to look at and if you also want to look at the company’s balance sheets you can see whether it’s increasing or down of course you people can see in general there’s an uptrend naturally you people to see the earnings is likewise going it’s really quite stagnant but it’s still in rather an uptrend so um as you men can see it’s definitely really really fascinating and you guys can see the last three years for Tesla have actually been absolutely insane so all of that things okay and when you go to the analysis tab I believe this is where we have some truly good indicators um I’m just 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 reveals you if it’s a buy or not now individuals will be saying um it reveals you if based on 16 of using under my condition on Tesla it says moderate buy it shows you likewise the forecast fine the prediction is that it’s going to be at 232 which is an 87 gain based upon 16 ranked
experts and naturally as you men can see over the next 12 months people are targeting 4 to 9 of course 258 and obviously 87 at the bearish estimate so it gives you a nice location um on what you want to do and obviously you guys can see it links to the post so you can check out the article due to the fact that they really publish these for the general public naturally you men can see um Tesla and obviously as you guys can see right here when you scroll down you can see a lot more details about this stock so you people can see that the the belief of course
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Conclusion:
Etoro has actually transformed the financial investment landscape by developing a platform that combines social trading, instructional resources, and a varied variety of monetary instruments. As a retired hedge fund manager, I highly recommend Etoro for those looking to start their financial investment journey or boost their trading skills.