is the social trading aspect of it so basically what you want to do is you wish to go on Discover…Etoro What Best Describes Going Long Buy Position…
and basically you guys 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 currently 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 basically simply mirror the portfolios of the top financiers so this simply indicates that if there is a top investor all right you can just merely copy their trades and you do not need to do definitely anything at all so you guys can see right here this is a list this area right here is the list of the leading financiers so you men can see the return over 2 years over two 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 people can get the idea from there you guys can basically go ahead and click these people and essentially copy their trades so you people can see on the button on the leading right here you people can click this button and of course essentially what this allows you to do is this will allow you to copy that
person’s trade now the factor this is in fact pretty cool is due to the fact that if you have the ability to copy someone’s trade essentially what this suggests is invest very wisely without really doing any work so as you men can see right here it reveals their threat level and as you guys can see right here it states this is his threat rating so a danger rating level of 2 you guys can see right here 2 shows us that his threat is extremely really low if somebody’s risk rating was level 10 of course you people would see that their wrist level is entirely 10 and it indicates it’s likely to be unpredictable significance you can have extremely losses and extremely gains now basically all you would want to do is click this copy button right here then of course you would just invest the quantity that you desire alright over a certain quantity of time so it would state close the financial investment also right here you men can see there’s a box beneath and basically what this does is this secures your losses so let’s say for instance you had 10 thousand dollars that you wanted to purchase and of course you didn’t want to lose more than let’s say a thousand dollars you didn’t want your financial investment to drop below 9 thousand dollars you would state Okay close the financial investment if it drops below 9 thousand dollars so obviously as you men can see right there it reveals if the worth drops listed below 88 or 9 000 obviously 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 money on this platform and
merely Cobble their open trades now you don’t in fact 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 men can see you can go ahead 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 just how much they’ve you know they have actually been selling exactly what’s been giving them a large revenue um you men can see precisely what they purchase you can also see the stats you can see every month that they’ve made money 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 definitely a very really fascinating way to do this and of course 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 stated it’s definitely excellent now there’s many different ways that you can in fact 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 provide you however let’s say for example I wished to trade Tesla I don’t understand if the stock market is open right now I believe I believe the stock exchange did simply open so essentially what we can do here is you can of course trade now you can naturally trade utilizing leverage too so you can even if you only have a thousand dollars to begin you can then of course use five times leverage men and obviously this suggests that you can
increase your position size so what’s also fascinating about this guys is that you also do not want to have a situation where the overnight feed um ruins you because of course as you guys can see right here when you trade with the take advantage of men there is an over night fee because of course you’re utilizing someone else’s money you people can see the over night charge I’m uncertain if you guys can see may have to focus it’s 4 dollars on a weekend and one dollar daily so that indicates every day that is going to be the charge that you pay to etoro for utilizing their money now if you simply use number one leverage normal leverage 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 borrow covering that money now comprehend that obviously buying um any considerable amount of Tesla naturally as you people can see it in fact shows right here the genuine value of our actual trade and of course basically what you wish to do here men is obviously 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 reveal you uh how you can really use the platform to earn money now naturally if you don’t wish 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 after that naturally we have actually got various ones you can order here so essentially what you want to order and if you believe Tesla’s gon na go to 120 you can do order and then you can hit 120 and say alright when evaluated is 120 I want 2 500 to go in and naturally you people see the rate there so that is something you can do and naturally it will be purchased with take advantage of
and of course you men can see you can set your take profits and things like that so that is something that you can do what’s also fascinating too is that you can actually speak with all these people that are purchasing Tesla and see their things so you people can see this person’s asking is it going up or down um and the factor I selected Tesla is since it’s a really interesting stop at the moment so it’s definitely very very interesting and what’s also intriguing too is that you can also see I believe you can see the marketplace sentiment too because uh you understand it’s absolutely something that you know you require to take a look at and if you also wish to take a look at the business’s balance sheets you can see whether it’s going up or down obviously you people can see in general there’s an uptrend of course you men to see the earnings is likewise going it’s in fact pretty stagnant however it’s still in quite an uptrend so um as you people can see it’s certainly really really fascinating and you people can see the last 3 years for Tesla have actually been definitely outrageous so all of that stuff okay and when you go to the analysis tab I think this is where we have some actually good signs um I’m simply not sure if this is working yeah so you people 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 reveals you if it’s a buy or not now people will be stating um it shows you if based upon 16 of offering under my condition on Tesla it states moderate buy it reveals you likewise the forecast fine 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 men can see over the next 12 months people are targeting 4 to 9 of course 258 and obviously 87 at the bearish estimate so it gives you a great area um on what you want to do and obviously you guys can see it links to the short article so you can read the short article since they really post these for the general public naturally 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 details about this stock so you men can see that the the sentiment obviously
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