is the social trading element of it so essentially what you wish to do is you wish to go on Discover…Etoro Toronto Stock Exchange…
and essentially you men 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 people can see right here this is copy Trader so basically what this enables you to do is it enables you to essentially just mirror the portfolios of the top investors so this simply implies that if there is a leading investor fine you can just simply copy their trades and you don’t require to do definitely anything at all so you people can see right here this is a list this section right here is the list of the top financiers so you men can see the return over 2 years over 2 years he’s posted a return of 72 over two years he’s posted 33 over two years he’s published 120 27 so you people can get the idea from there you guys can basically go on and click these people and essentially copy their trades so you guys can see on the button on the top right here you men can click this button and naturally essentially what this enables 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 implies is invest extremely smartly without actually doing any work so as you people can see right here it reveals their threat level and as you men can see right here it states this is his threat rating so a threat score level of 2 you guys can see right here two programs us that his threat is very extremely low if somebody’s threat score was level 10 obviously you guys would see that their wrist level is entirely 10 and it suggests it’s most likely to be volatile meaning you can have incredibly losses and extremely 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 all right over a specific amount of time so it would say close the financial investment also right here you men can see there’s a box below and basically what this does is this safeguards your losses so let’s state for example you had 10 thousand dollars that you wished to buy and of course you didn’t wish to lose more than let’s say a thousand dollars you didn’t desire your financial investment to drop listed below nine thousand dollars you would state Okay close the financial investment if it drops below nine thousand dollars so of course as you men 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 beginner you can put your cash on this platform and
simply Patch their open trades now you don’t actually need to do anything right here this is 100 entirely 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 men can see you can go ahead and look at comparable Traders right here and see their active thing now let’s make this so heros as you can actually see what’s inside their portfolio what they’re buying you can see what they’re holding uh how much they’ve you understand they’ve been selling exactly what’s been giving them a big earnings um you men can see exactly what they buy you can likewise see the statistics you can see each and every single month that they have actually made money you guys can see the efficiency obviously you people can see 2022 you people can see just how much they made every single month some red months some green months it’s definitely a very really interesting way to do this and obviously they do have a location where you can talk with individuals as well so that is going to be the highlight of etoro and like I said it’s absolutely very good now there’s various manner ins which you can really trade also 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 give 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 market did simply open so essentially what we can do here is you can of course trade now you can of course trade using leverage also so you can even if you just have a thousand dollars to start you can then obviously usage five times take advantage of men and of course this suggests that you can
increase your position size so what’s likewise interesting about this men is that you also don’t want to have a scenario where the over night feed um ruins you because of course as you people can see right here when you trade with the utilize men there is an overnight cost because of course you’re utilizing somebody else’s cash you people can see the over night cost I’m uncertain if you men can see might need to zoom in it’s 4 dollars on a weekend and one dollar per day so that means every day that is going to be the cost that you pay to etoro for utilizing their cash now if you just use number one leverage normal take advantage of then you’re not going to be paying that much depending upon The Utilize you use there’s going to be an increased fee because of course your obtain covering that cash now understand that of course purchasing um any significant quantity of Tesla obviously as you guys can see it in fact shows right here the real value of our real trade and naturally basically what you want 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 be able to reveal you uh how you can really utilize the platform to earn money now naturally if you do not want to purchase you think a Stock’s going to decrease you can do offer obviously it’s essentially shorting the market so obviously this is going to be something that you can easily do and after that of course we have actually got various ones you can buy here so basically 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 strike 120 and state alright when evaluated is 120 I desire 2 500 to enter and obviously you guys see the rate there so that is something you can do and naturally it will be purchased with leverage
and obviously you people can see you can set your take profits and stuff like that so that is something that you can do what’s likewise interesting also is that you can actually talk to all these individuals that are purchasing 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 because it’s a very fascinating stop at the moment so it’s absolutely extremely really interesting and what’s likewise intriguing also is that you can likewise see I believe you can see the marketplace sentiment too since uh you understand it’s definitely something that you understand you need to look at and if you likewise wish to take a look at the company’s balance sheets you can see whether it’s going up or down of course you men can see overall there’s an uptrend of course you people to see the net income is likewise going it’s actually quite stagnant but it’s still in rather an uptrend so um as you men can see it’s certainly really truly intriguing and you people can see the last 3 years for Tesla have actually been absolutely outrageous so all of that things okay and when you go to the analysis tab I believe this is where we have some really great indications 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 simply click analysis and after that basically when you scroll down it reveals you if it’s a buy or not now people will be saying um it reveals you if based on 16 of using under my condition on Tesla it says moderate buy it reveals you likewise the prediction all right the prediction is that it’s going to be at 232 which is an 87 gain based upon 16 ranked
experts and of course as you people can see over the next 12 months individuals are targeting four to 9 of course 258 and obviously 87 at the bearish quote so it gives you a great area um on what you want to do and obviously you guys can see it links to the post so you can read the short article due to the fact that they in fact publish these for the general public of course 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 details about this stock so you guys can see that the the belief naturally
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Conclusion:
Etoro has reinvented the investment landscape by developing a platform that combines social trading, instructional resources, and a diverse range of monetary instruments. As a retired hedge fund manager, I highly advise Etoro for those looking to begin their financial investment journey or enhance their trading abilities.