is the social trading element of it so essentially what you wish to do is you wish to go on Discover…How Can I Draw Line On Chart Etoro…
and basically you guys can see this location right here so you want 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 permits you to do is it enables you to basically simply mirror the portfolios of the top investors so this simply implies that if there is a leading investor all right you can just simply copy their trades and you do not need to do absolutely anything at all so you men can see right here this is a list this section right here is the list of the top financiers so you people can see the return over 2 years over two years he’s published a return of 72 over 2 years he’s published 33 over 2 years he’s published 120 27 so you men can understand from there you guys can basically proceed and click these people and essentially copy their trades so you people can see on the button on the leading right here you men can click this button and of course essentially what this allows you to do is this will allow you to copy that
individual’s trade now the reason this is actually pretty cool is because if you’re able to copy someone’s trade essentially what this suggests is invest very wisely without actually doing any work so as you people can see right here it shows their danger level and as you men can see right here it says this is his threat score so a danger score level of 2 you people can see right here 2 shows us that his risk is extremely extremely low if somebody’s danger score was level 10 of course you people would see that their wrist level is completely 10 and it indicates it’s most likely to be unstable meaning you can have extremely gains and super losses now basically all you would wish to do is click this copy button right here then naturally you would simply invest the quantity that you want okay over a particular amount 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 protects your losses so let’s say for instance you had 10 thousand dollars that you wanted to buy and obviously you didn’t wish to lose more than let’s say a thousand dollars you didn’t want your investment to drop below 9 thousand dollars you would state Okay close the investment if it drops listed below nine thousand dollars so naturally as you guys can see right there it reveals if the value drops below 88 or 9 000 naturally that is going to be something it closes so of course as you guys can state this suggests 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 do not actually have to do anything right here this is 100 totally 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 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 just how much they’ve you understand they’ve been offering exactly what’s been giving them a large revenue um you guys can see exactly what they buy you can likewise see the data you can see every month that they have actually generated income you people can see the performance naturally you people can see 2022 you guys can see how much they made every month some red months some green months it’s absolutely an extremely very interesting way to do this and obviously they do have an area where you can talk with individuals too so that is going to be the highlight of etoro and like I said it’s absolutely very good now there’s several 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 give you however let’s state for instance I wished to trade Tesla I do not understand if the stock exchange is open right now I believe I believe the stock exchange did simply open so basically what we can do here is you can of course trade now you can of course trade using leverage as well so you can even if you just have a thousand dollars to begin you can then obviously use five times utilize people and obviously this indicates that you can
increase your position size so what’s likewise fascinating 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 fee because of course you’re utilizing someone else’s money you people can see the over night fee I’m not sure if you men can see might have to zoom in it’s four dollars on a weekend and one dollar each day so that suggests every single day that is going to be the charge that you pay to etoro for using their cash now if you just use primary utilize regular utilize then you’re not going to be paying that much depending upon The Take advantage of you utilize there’s going to be an increased fee because of course your obtain covering that money now comprehend that of course buying um any considerable amount of Tesla of course as you guys can see it in fact shows right here the genuine worth of our real trade and obviously basically what you wish to do here men is obviously I would experiment with the virtual account first due to the fact that this is going to get you to grips it’s going to have the ability to show you uh how you can in fact use the platform to generate income now of course if you don’t wish to buy you think a Stock’s going to go down you can do sell obviously it’s essentially shorting the marketplace so obviously this is going to be something that you can quickly do and then of course we’ve got various ones you can purchase here so essentially what you wish to order and if you think Tesla’s gon na go to 120 you can do order and after that you can strike 120 and say okay when tested 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 bought with leverage
and of course you guys can see you can set your take revenues and stuff like that so that is something that you can do what’s likewise fascinating too is that you can actually talk to all these people that are investing in Tesla and see their things so you guys can see this person’s asking is it going up or down um and the reason I selected Tesla is since it’s a really intriguing stop at the moment so it’s definitely extremely very fascinating and what’s also intriguing also is that you can also see I think you can see the market belief too because uh you understand it’s definitely 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 going up or down obviously you men can see overall there’s an uptrend obviously you guys to see the net income is also going it’s in fact quite stagnant but it’s still in quite an uptrend so um as you men can see it’s definitely actually really intriguing and you men can see the last three years for Tesla have actually been definitely 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 indicators um I’m simply 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 just click analysis and then basically when you scroll down it shows you if it’s a buy or not now individuals will be stating um it shows you if based on 16 of using under my condition on Tesla it says moderate buy it shows you likewise the forecast alright 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 men can see over the next 12 months people are targeting 4 to 9 obviously 258 and obviously 87 at the bearish quote so it provides you a great area um on what you want to do and naturally you people can see it links to the post so you can check out the short article due to the fact that they really publish these for the public obviously you men can see um Tesla and naturally 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 obviously
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Conclusion:
Etoro has revolutionized the financial investment landscape by developing a platform that combines social trading, academic resources, and a varied range of monetary instruments. As a retired hedge fund manager, I extremely suggest Etoro for those looking to begin their investment journey or enhance their trading skills.