is the social trading element of it so essentially what you want to do is you want to go on Discover…Etoro Webhooks…
and essentially you guys 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 currently in the virtual um one today so as you guys can see right here this is copy Trader so basically what this enables you to do is it permits you to basically simply mirror the portfolios of the leading investors so this simply suggests that if there is a top investor okay you can just simply copy their trades and you don’t require to do absolutely anything so you guys can see right here this is a list this area right here is the list of the leading investors so you people can see the return over two years over 2 years he’s published a return of 72 over 2 years he’s posted 33 over 2 years he’s published 120 27 so you people can understand from there you people can essentially go ahead and click these people and basically copy their trades so you guys can see on the button on the leading right here you people can click this button and obviously essentially what this permits you to do is this will allow you to copy that
person’s trade now the factor this is really pretty cool is because if you have the ability to copy somebody’s trade essentially what this means is invest extremely wisely without really doing any work so as you people can see right here it shows their threat level and as you people can see right here it states this is his danger score so a danger rating level of 2 you men can see right here 2 shows us that his danger is really really low if somebody’s danger rating was level 10 naturally you men would see that their wrist level is completely 10 and it suggests it’s likely to be unstable significance you can have extremely losses and incredibly gains now essentially all you would want to do is click this copy button right here then naturally you would merely invest the amount that you desire all right over a particular quantity of time so it would say close the investment also right here you people can see there’s a box beneath and essentially what this does is this secures your losses so let’s say for instance you had 10 thousand dollars that you wished to invest in 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 below 9 thousand dollars you would say Okay close the investment if it drops below nine thousand dollars so obviously as you people 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 men can say this means 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
merely Cobble their open trades now you don’t really need 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 men can see you can proceed 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 in fact 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 offering exactly what’s been providing a large earnings um you people can see precisely what they buy you can also see the stats you can see every month that they have actually generated income you guys can see the performance naturally you men can see 2022 you people can see how much they made each and every single month some red months some green months it’s certainly an extremely extremely interesting way to do this and of course they do have an area where you can talk with people too so that is going to be the main feature of etoro and like I said it’s certainly excellent now there’s many different manner ins which you can really trade as well 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 give you but let’s say for instance I wished to trade Tesla I don’t know if the stock exchange is open today I think I think the stock exchange did just open so basically what we can do here is you can naturally trade now you can obviously trade utilizing leverage also so you can even if you only have a thousand dollars to start you can then obviously usage five times leverage men and naturally this suggests that you can
increase your position size so what’s likewise fascinating about this guys is that you also don’t wish 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 men there is an overnight fee because of course you’re using another person’s money you guys can see the overnight cost I’m unsure if you guys can see may need to focus it’s 4 dollars on a weekend and one dollar per day so that implies 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 utilize number one take advantage of normal leverage then you’re not going to be paying that much depending on The Take advantage of you use there’s going to be an increased cost because of course your borrow covering that cash now understand that naturally purchasing um any substantial amount of Tesla obviously as you people can see it actually reveals right here the genuine value of our real trade and naturally basically what you wish to do here people is naturally I would explore the virtual account initially due to the fact that this is going to get you to grips it’s going to be able to show you uh how you can actually use the platform to make money now naturally if you don’t wish to purchase 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 different ones you can purchase here so essentially what you wish to buy and if you think Tesla’s gon na go to 120 you can do order and after that you can hit 120 and say okay when tested is 120 I desire 2 500 to go in and of course you men see the rate there so that is something you can do and naturally it will be bought with utilize
and obviously you people can see you can set your take revenues and things like that so that is something that you can do what’s likewise fascinating too is that you can actually talk with all these individuals that are investing in Tesla and see their things so you people can see this person’s asking is it increasing or down um and the reason I chose Tesla is since it’s an extremely interesting stop at the moment so it’s definitely very very intriguing and what’s also intriguing too is that you can likewise see I believe you can see the market sentiment also since uh you know it’s certainly something that you understand you need to take a look at and if you likewise wish to look at the business’s balance sheets you can see whether it’s increasing or down obviously you people can see overall there’s an uptrend of course you men to see the net income is likewise going it’s really pretty stagnant however it’s still in rather an uptrend so um as you people can see it’s definitely really truly intriguing and you people can see the last 3 years for Tesla have been absolutely ridiculous so all of that things fine and when you go to the analysis tab I believe this is where we have some really excellent indications um I’m simply unsure 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 basically when you scroll down it shows you if it’s a buy or not now individuals will be saying um it reveals you if based on 16 of offering under my condition on Tesla it states moderate buy it reveals you likewise 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 of course as you people can see over the next 12 months individuals are targeting four to 9 naturally 258 and obviously 87 at the bearish price quote so it provides you a nice area um on what you want to do and obviously you people can see it links to the short article so you can read the article because they in fact post these for the general public naturally you people can see um Tesla and obviously as you people can see right here when you scroll down you can see a lot more information about this stock so you people can see that the the belief obviously
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Conclusion:
Etoro has transformed the investment landscape by developing a platform that integrates social trading, academic resources, and a varied range of financial instruments. As a retired hedge fund supervisor, I highly advise Etoro for those looking to start their investment journey or boost their trading abilities.