is the social trading element of it so basically what you wish to do is you want to go on Discover…Etoro Relative Strength Index Vs True Strength Indicator…
and basically you people can see this area right here so you want to scroll scroll to copy Trader now if you’re wondering my account balance I am currently in the virtual um one right now so as you guys can see right here this is copy Trader so essentially what this enables you to do is it enables you to basically simply mirror the portfolios of the top financiers so this just means that if there is a leading financier okay you can just merely copy their trades and you don’t need to do definitely anything so you men can see right here this is a list this area right here is the list of the top financiers so you men can see the return over 2 years over 2 years he’s published a return of 72 over two years he’s published 33 over two years he’s published 120 27 so you people can understand from there you men can basically proceed and click these people and essentially copy their trades so you men can see on the button on the leading right here you guys can click this button and naturally basically what this enables you to do is this will allow you to copy that
person’s trade now the factor this is actually quite cool is because if you’re able to copy someone’s trade basically what this implies is invest extremely wisely without really doing any work so as you people can see right here it reveals their danger level and as you guys can see right here it says this is his danger score so a danger rating level of 2 you people can see right here 2 shows us that his danger is really really low if somebody’s danger score was level 10 naturally you men would see that their wrist level is entirely 10 and it suggests it’s likely to be volatile significance you can have incredibly losses and super gains now essentially all you would wish to do is click this copy button right here then obviously you would just invest the amount that you desire alright over a particular quantity of time so it would state close the financial investment likewise right here you people can see there’s a box beneath and essentially what this does is this protects your losses so let’s say for example you had 10 thousand dollars that you wished to purchase and of course you didn’t want to lose more than let’s say a thousand dollars you didn’t want your investment to drop listed below nine thousand dollars you would say Okay close the investment if it drops listed below nine thousand dollars so naturally as you people can see right there it shows if the value drops listed below 88 or 9 000 naturally that is going to be something it closes so of course as you men can state this implies if when you wish to tick this box you copy the open trades and as a beginner you can put your cash on this platform and
just Cobble their open trades now you do not really have to do anything right here this is 100 totally passive and if I click invest it’s going to proceed 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 take a look at similar Traders right here and see their active thing now let’s make this so good guys as you can really see what’s inside their portfolio what they’re buying you can see what they’re holding uh how much they’ve you know they have actually been offering precisely what’s been giving them a large earnings um you men can see exactly what they buy you can likewise see the statistics you can see every month that they have actually generated income you people can see the performance obviously 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 really very interesting way to do this and naturally they do have an area where you can talk with people as well so that is going to be the main feature of etoro and like I stated it’s absolutely very good now there’s various manner ins which you can really trade as well so for example 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 say for instance I wanted to trade Tesla I don’t understand if the stock market is open right now I think I think the stock market did just open so essentially what we can do here is you can naturally trade now you can naturally trade utilizing leverage too so you can even if you only have a thousand dollars to start you can then obviously use 5 times leverage men and obviously this means that you can
increase your position size so what’s likewise interesting about this guys is that you also do not want to have a scenario 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 cost because of course you’re utilizing someone else’s cash you men can see the overnight 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 each day so that suggests each and every single day that is going to be the fee that you pay to etoro for utilizing their money now if you just use top utilize normal 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 charge because of course your obtain covering that cash now understand that naturally purchasing um any substantial amount of Tesla of course as you men can see it actually reveals right here the real worth of our real trade and of course basically what you wish to do here people is obviously I would try out the virtual account first because this is going to get you to grips it’s going to be able to show you uh how you can really use the platform to generate income now obviously if you don’t want to purchase you think a Stock’s going to go down you can do sell obviously it’s essentially shorting the marketplace so of course this is going to be something that you can easily do and then of course we’ve got different ones you can buy here so essentially what you want to order and if you think Tesla’s gon na go to 120 you can do order and then you can hit 120 and state fine when checked is 120 I want 2 500 to enter and of course you guys see the rate there so that is something you can do and naturally it will be bought with utilize
and naturally you men can see you can set your take revenues and stuff like that so that is something that you can do what’s likewise fascinating as well is that you can actually speak to all these individuals that are investing in Tesla and see their things so you men can see this person’s asking is it going up or down um and the reason I chose Tesla is due to the fact that it’s a really fascinating stop at the moment so it’s definitely extremely very intriguing and what’s likewise fascinating too is that you can also see I believe you can see the marketplace sentiment also because uh you know it’s definitely something that you understand you need to look at and if you likewise want to take a look at the business’s balance sheets you can see whether it’s increasing or down naturally you people can see overall there’s an uptrend naturally you people to see the net income is also going it’s really pretty stagnant but it’s still in rather an uptrend so um as you guys can see it’s absolutely truly really interesting and you guys can see the last three years for Tesla have been definitely insane so all of that stuff fine and when you go to the analysis tab I think this is where we have some actually excellent indicators um I’m simply not exactly sure if this is working yeah so you people 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 people will be stating um it shows you if based upon 16 of using under my condition on Tesla it states moderate buy it shows you also the forecast all right the forecast is that it’s going to be at 232 which is an 87 gain based on 16 ranked
experts and obviously as you guys can see over the next 12 months individuals are targeting four to 9 of course 258 and of course 87 at the bearish estimate so it gives you a nice location um on what you wish to do and obviously you people can see it connects to the short article so you can check out the article because they really publish these for the public of course you guys can see um Tesla and obviously as you people can see right here when you scroll down you can see a lot more info about this stock so you people can see that the the sentiment obviously
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Conclusion:
Etoro has reinvented the financial investment landscape by producing a platform that combines social trading, academic resources, and a varied variety of financial instruments. As a retired hedge fund supervisor, I highly advise Etoro for those looking to begin their investment journey or boost their trading abilities.