is the social trading aspect of it so essentially what you want to do is you want to go on Discover…Etoro Wells Fargo Error…
and essentially 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 today so as you people can see right here this is copy Trader so essentially what this permits you to do is it permits you to essentially simply mirror the portfolios of the top financiers so this simply means that if there is a leading financier fine you can just merely copy their trades and you do not need to do absolutely anything so you people can see right here this is a list this area right here is the list of the top investors so you people can see the return over 2 years over two years he’s posted a return of 72 over 2 years he’s posted 33 over 2 years he’s published 120 27 so you people can get the idea from there you guys can essentially proceed and click these men and essentially copy their trades so you men can see on the button on the top right here you men can click this button and obviously basically what this allows you to do is this will enable you to copy that
individual’s trade now the factor this is in fact quite cool is since if you’re able to copy someone’s trade essentially what this indicates is invest really wisely without in fact doing any work so as you men can see right here it reveals their risk level and as you guys can see right here it states this is his risk rating so a danger score level of two you men can see right here 2 shows us that his risk is very really low if somebody’s danger score was level 10 of course you guys would see that their wrist level is totally 10 and it means it’s most likely to be unstable meaning you can have extremely gains and very losses now essentially all you would want to do is click this copy button right here then of course you would just invest the amount that you desire okay over a particular quantity of time so it would say close the investment also right here you guys can see there’s a box underneath and basically what this does is this safeguards your losses so let’s state for instance you had ten thousand dollars that you wanted to purchase and obviously you didn’t want to lose more than let’s state a thousand dollars you didn’t want your financial investment to drop listed below nine 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 reveals if the value drops below 88 or 9 000 obviously that is going to be something it closes so obviously as you men can state 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
simply Patch their open trades now you don’t actually have to do anything right here this is 100 entirely 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 people can see you can proceed and look at similar 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 offering precisely what’s been providing a large revenue um you people can see exactly what they buy you can also see the data you can see every month that they’ve generated income you people can see the performance of course you men can see 2022 you men can see just how much they made each and every single month some red months some green months it’s certainly an extremely very fascinating way to do this and naturally they do have a location where you can talk with people too so that is going to be the main feature of etoro and like I stated it’s certainly excellent now there’s various ways that 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 provide you but let’s state for example I wished to trade Tesla I don’t know if the stock exchange is open today I think I believe the stock market 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 just have a thousand dollars to start you can then obviously use five times utilize people and obviously 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 situation where the overnight feed um ruins you because of course as you people can see right here when you trade with the utilize people there is an overnight charge because of course you’re using somebody else’s money you men can see the over night fee I’m unsure if you people can see might have to zoom in it’s 4 dollars on a weekend and one dollar daily so that indicates every day that is going to be the fee that you pay to etoro for using their money now if you simply utilize top utilize regular take advantage of then you’re not going to be paying that much depending on The Utilize you utilize there’s going to be an increased cost because of course your borrow covering that money now understand that obviously buying um any considerable amount of Tesla naturally as you guys can see it in fact reveals right here the real worth of our actual trade and of course basically what you wish to do here guys is of course I would explore the virtual account first since this is going to get you to grips it’s going to have the ability to reveal you uh how you can in fact utilize the platform to make money now of course if you do not want to purchase you think a Stock’s going to go down you can do offer naturally it’s basically shorting the marketplace so obviously this is going to be something that you can quickly do and then naturally we have actually got different ones you can buy here so basically what you wish to purchase and if you think Tesla’s gon na go to 120 you can do order and then you can strike 120 and say all right when evaluated is 120 I desire 2 500 to go in and obviously you men see the rate there so that is something you can do and of course it will be purchased with take advantage of
and naturally you people can see you can set your take profits and things like that so that is something that you can do what’s likewise intriguing too is that you can literally speak to all these people that are buying Tesla and see their stuff so you guys can see this person’s asking is it going up or down um and the reason I chose Tesla is because it’s a really fascinating stop at the moment so it’s absolutely really extremely intriguing and what’s likewise intriguing too is that you can likewise see I believe you can see the marketplace belief as well due to the fact that uh you know it’s absolutely something that you know you need to take a look at and if you likewise want to take a look at the company’s balance sheets you can see whether it’s increasing or down obviously you people can see overall there’s an uptrend naturally you people to see the earnings is likewise going it’s actually quite stagnant however it’s still in quite an uptrend so um as you people can see it’s absolutely truly actually fascinating and you guys can see the last three years for Tesla have actually 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 signs um I’m just unsure 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 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 reveals you if based upon 16 of offering under my condition on Tesla it states moderate buy it reveals you likewise the prediction okay the forecast is that it’s going to be at 232 which is an 87 gain based on 16 ranked
experts and of course as you men can see over the next 12 months people are targeting four to 9 obviously 258 and obviously 87 at the bearish quote so it provides you a nice location um on what you wish to do and obviously you men can see it links to the short article so you can read the short article since they in fact post these for the general public obviously you men can see um Tesla and obviously as you men 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 belief of course
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Conclusion:
Etoro has changed the financial investment landscape by creating a platform that combines social trading, instructional resources, and a varied variety of financial instruments. As a retired hedge fund manager, I highly recommend Etoro for those looking to begin their investment journey or enhance their trading abilities.