is the social trading element of it so basically what you wish to do is you want to go on Discover…Etoro Spx500…
and basically you men can see this location right here so you want to scroll scroll down 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 essentially just mirror the portfolios of the top investors so this simply indicates that if there is a leading financier alright you can just simply copy their trades and you do not need 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 investors so you guys can see the return over two years over two years he’s published a return of 72 over 2 years he’s published 33 over two years he’s posted 120 27 so you people can get the idea from there you men can essentially proceed and click these people and essentially copy their trades so you men can see on the button on the leading right here you men can click this button and of course basically what this permits you to do is this will enable you to copy that
individual’s trade now the reason this is actually quite cool is due to the fact that if you’re able to copy somebody’s trade basically what this means is invest very smartly without actually 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 danger score so a risk rating level of two you men can see right here two programs us that his danger is very very low if somebody’s danger rating was level 10 of course you people would see that their wrist level is entirely 10 and it suggests it’s most likely to be unpredictable significance you can have incredibly gains and super losses now essentially all you would wish to do is click this copy button right here then obviously you would merely invest the quantity that you want all right over a certain amount of time so it would state close the financial investment likewise right here you men can see there’s a box underneath and basically what this does is this safeguards your losses so let’s say for instance you had ten thousand dollars that you wished to invest in and obviously you didn’t wish 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 say Okay close the investment if it drops listed below 9 thousand dollars so of course as you guys can see right there it shows if the worth drops below 88 or 9 000 of course that is going to be something it closes so of course as you people 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 cash on this platform and
just Cobble their open trades now you do not actually need to do anything right here this is 100 completely 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 comparable 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 understand they have actually been offering exactly what’s been providing a large profit um you guys can see exactly what they purchase you can also see the statistics you can see each and every single month that they’ve earned money you people can see the performance of course you men can see 2022 you men can see how much they made every month some red months some green months it’s absolutely a very extremely fascinating method 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 highlight of etoro and like I said it’s absolutely excellent now there’s various ways that you can in fact 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 give you however let’s state for example I wanted to trade Tesla I don’t understand if the stock exchange is open right now I believe I believe the stock exchange did simply open so essentially what we can do here is you can naturally trade now you can of course trade using leverage also so you can even if you just have a thousand dollars to begin you can then obviously usage 5 times take advantage of people and of course this implies that you can
increase your position size so what’s likewise fascinating about this men is that you likewise don’t want to have a situation where the over night feed um ruins you because of course as you people can see right here when you trade with the leverage men there is an over night fee because of course you’re utilizing another person’s money you people can see the overnight charge I’m not sure if you men can see may have to focus it’s 4 dollars on a weekend and one dollar per day so that suggests every single day that is going to be the cost that you pay to etoro for using their money now if you simply use number one take advantage of normal leverage 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 of course buying um any substantial amount of Tesla naturally as you men can see it in fact reveals right here the genuine worth of our real trade and naturally basically what you wish to do here men is of course I would experiment with the virtual account first because this is going to get you to grips it’s going to have the ability to show you uh how you can in fact use the platform to earn money now obviously if you don’t wish to buy you believe a Stock’s going to go down you can do offer obviously it’s essentially shorting the market so of course this is going to be something that you can easily do and after that of course we’ve got various ones you can purchase here so essentially what you wish to purchase and if you believe Tesla’s gon na go to 120 you can do order and after that you can hit 120 and say fine when tested is 120 I want 2 500 to go in and naturally you guys see the rate there so that is something you can do and obviously it will be bought with take advantage of
and obviously you men can see you can set your take profits and stuff like that so that is something that you can do what’s likewise fascinating also is that you can literally speak to all these individuals 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 chose Tesla is because it’s a really intriguing stop at the moment so it’s absolutely really extremely intriguing and what’s also interesting also is that you can also see I believe you can see the marketplace sentiment as well due to the fact that uh you understand it’s certainly something that you understand you require to look at and if you likewise want to take a look at the business’s balance sheets you can see whether it’s going up or down naturally you people can see overall there’s an uptrend naturally you people to see the earnings is also going it’s actually pretty stagnant but it’s still in rather an uptrend so um as you men can see it’s definitely actually truly interesting and you people can see the last 3 years for Tesla have been absolutely ridiculous so all of that stuff fine and when you go to the analysis tab I believe this is where we have some actually great indications um I’m simply not sure 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 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 using under my condition on Tesla it states moderate buy it reveals you likewise the forecast alright 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 people can see over the next 12 months individuals are targeting four to nine naturally 258 and naturally 87 at the bearish quote so it provides you a good location um on what you want to do and naturally you people can see it connects to the short article so you can read the short article because they in fact publish these for the public obviously you people can see um Tesla and naturally as you people can see right here when you scroll down you can see a lot more information about this stock so you men can see that the the sentiment of course
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