is the social trading element of it so essentially what you wish to do is you want to go on Discover…Etoro Vs Wealthsimple…
and essentially you men 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 presently in the virtual um one today so as you guys can see right here this is copy Trader so essentially what this allows you to do is it permits you to basically simply mirror the portfolios of the leading financiers so this simply means that if there is a top investor okay you can just merely copy their trades and you do not need to do definitely anything so you men 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 two years over 2 years he’s posted a return of 72 over two years he’s posted 33 over 2 years he’s posted 120 27 so you men can get the idea from there you men can basically go ahead and click these guys and essentially copy their trades so you guys can see on the button on the top right here you people can click this button and naturally essentially what this allows you to do is this will allow you to copy that
person’s trade now the reason this is in fact pretty cool is since if you have the ability to copy somebody’s trade essentially what this means is invest very wisely without in fact doing any work so as you guys can see right here it shows their threat level and as you men can see right here it states this is his risk rating so a risk score level of 2 you guys can see right here 2 shows us that his threat is extremely very low if somebody’s risk rating was level 10 naturally you people would see that their wrist level is completely 10 and it indicates it’s most likely to be unpredictable meaning you can have extremely losses and super gains now essentially all you would want to do is click this copy button right here then obviously you would simply invest the quantity that you want okay over a particular amount of time so it would say close the financial investment likewise right here you people can see there’s a box below and basically what this does is this secures your losses so let’s state for instance you had 10 thousand dollars that you wished to buy and naturally 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 financial investment if it drops listed below nine thousand dollars so naturally as you men can see right there it shows if the worth drops listed below 88 or 9 000 naturally that is going to be something it closes so naturally as you people can state this indicates if when you wish to tick this box you copy the open trades and as a newbie 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 completely 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 guys 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 good guys as you can actually see what’s inside their portfolio what they’re purchasing you can see what they’re holding uh how much they’ve you understand they have actually been selling precisely what’s been providing a big profit um you men can see exactly what they buy you can likewise see the data you can see each and every single month that they’ve generated income you people can see the efficiency of course you men can see 2022 you people can see how much they made every month some red months some green months it’s absolutely a really very 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 definitely great now there’s various ways that you can actually trade too so for example let’s state I wanted to go onto my watch list right here and this is the default watch list that they offer you but let’s state for instance I wanted to trade Tesla I don’t understand if the stock market is open right now I believe I think the stock exchange did just open so basically what we can do here is you can of course trade now you can of course trade utilizing take advantage of as well so you can even if you just have a thousand dollars to begin you can then of course use five times leverage people and naturally this indicates that you can
increase your position size so what’s likewise intriguing about this people is that you likewise don’t want to have a circumstance where the overnight 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 somebody else’s cash you men can see the overnight cost I’m uncertain if you people can see may have to zoom in it’s four dollars on a weekend and one dollar each day so that indicates each and every single day that is going to be the fee that you pay to etoro for utilizing their cash now if you simply utilize number one leverage typical take advantage of then you’re not going to be paying that much depending upon The Leverage you utilize there’s going to be an increased fee because of course your borrow covering that money now comprehend that of course purchasing um any considerable amount of Tesla of course as you guys can see it really shows right here the real value of our real trade and naturally basically what you want to do here people is obviously I would experiment with the virtual account initially because this is going to get you to grips it’s going to be able to reveal you uh how you can really use the platform to earn money now naturally if you don’t wish to buy you believe a Stock’s going to go down you can do sell naturally it’s essentially shorting the marketplace so obviously this is going to be something that you can quickly do and after that naturally we have actually got various ones you can buy here so essentially what you want to buy and if you think Tesla’s gon na go to 120 you can do order and then you can hit 120 and state alright when evaluated is 120 I desire 2 500 to enter and obviously you men see the rate there so that is something you can do and obviously it will be bought with utilize
and naturally you people can see you can set your take earnings and stuff like that so that is something that you can do what’s also interesting as well is that you can literally speak to all these people that are purchasing Tesla and see their stuff so you people can see this person’s asking is it going up or down um and the factor I chose Tesla is since it’s a very fascinating stop at the moment so it’s definitely very really fascinating and what’s likewise intriguing also is that you can likewise see I believe you can see the marketplace belief too since uh you know it’s certainly something that you know you need to look at and if you likewise wish to look at the business’s balance sheets you can see whether it’s going up or down naturally you guys can see in general there’s an uptrend of course you guys to see the earnings is likewise going it’s in fact quite stagnant however it’s still in rather an uptrend so um as you men can see it’s certainly really truly intriguing and you men can see the last 3 years for Tesla have actually been definitely ridiculous so all of that things all right and when you go to the analysis tab I think this is where we have some really great indications um I’m just uncertain 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 shows you if it’s a buy or not now people will be stating um it shows you if based upon 16 of providing under my condition on Tesla it states moderate buy it reveals you also the forecast all right the forecast is that it’s going to be at 232 which is an 87 gain based upon 16 ranked
analysts and obviously as you guys can see over the next 12 months individuals are targeting four to nine obviously 258 and naturally 87 at the bearish price quote so it provides you a great area um on what you wish to do and of course you guys can see it connects to the post so you can read the post due to the fact that they in fact post these for the general public of course you people can see um Tesla and naturally as you men can see right here when you scroll down you can see a lot more details about this stock so you men can see that the the sentiment naturally
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