is the social trading aspect of it so basically what you want to do is you wish to go on Discover…How To Add Etoro Account To Mint…
and essentially you people can see this area right here so you wish 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 guys can see right here this is copy Trader so essentially what this allows you to do is it allows you to basically simply mirror the portfolios of the top investors so this just suggests that if there is a leading investor fine you can just simply copy their trades and you don’t require to do definitely anything at all so you guys 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 2 years he’s posted a return of 72 over 2 years he’s posted 33 over two years he’s posted 120 27 so you guys can get the idea from there you men can basically go ahead and click these men and essentially copy their trades so you people can see on the button on the leading right here you guys can click this button and obviously essentially what this permits you to do is this will enable you to copy that
individual’s trade now the factor this is in fact quite cool is due to the fact that if you’re able to copy somebody’s trade essentially what this indicates is invest really smartly without in fact doing any work so as you men can see right here it reveals their danger level and as you people can see right here it says this is his threat score so a danger rating level of two you guys can see right here two shows us that his threat is extremely extremely low if somebody’s danger rating was level 10 obviously you people would see that their wrist level is entirely 10 and it indicates it’s likely to be unpredictable meaning you can have super losses and incredibly gains now basically all you would wish to do is click this copy button right here then of course you would just invest the quantity that you desire okay over a specific quantity of time so it would state close the financial investment likewise right here you guys can see there’s a box beneath and essentially what this does is this safeguards your losses so let’s state for instance you had ten thousand dollars that you wished to invest in and naturally you didn’t wish 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 state Okay close the financial investment if it drops listed below 9 thousand dollars so of course as you guys 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 naturally as you people can state this suggests if when you want 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 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 proceed and look at comparable 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 know they have actually been offering exactly what’s been providing a large revenue um you guys can see precisely what they purchase you can also see the statistics you can see every single month that they’ve generated income you men can see the efficiency naturally you guys can see 2022 you guys can see how much they made every single month some red months some green months it’s absolutely a really very interesting 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 main feature of etoro and like I stated it’s absolutely very good now there’s several ways that you can really trade also so for example let’s state I wished 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 wanted to trade Tesla I don’t know if the stock exchange is open today I believe I believe the stock exchange did just open so basically what we can do here is you can naturally trade now you can naturally trade using utilize also so you can even if you only have a thousand dollars to start you can then naturally use five times utilize people and of course this indicates that you can
increase your position size so what’s also interesting about this men is that you likewise do not wish to have a circumstance where the overnight feed um ruins you because of course as you guys can see right here when you trade with the leverage people there is an over night charge because of course you’re utilizing someone else’s cash you men can see the over night charge I’m not exactly sure if you men can see may need to zoom in it’s four dollars on a weekend and one dollar daily 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 utilize primary utilize 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 obtain covering that cash now understand that naturally buying um any considerable amount of Tesla of course as you guys can see it really shows right here the genuine value of our actual trade and obviously essentially what you want to do here guys is obviously I would experiment with the virtual account first because this is going to get you to grips it’s going to be able to reveal you uh how you can in fact use the platform to generate income now obviously if you don’t want to purchase you believe a Stock’s going to go down you can do sell obviously it’s essentially shorting the market so of course this is going to be something that you can easily do and then naturally we have actually got different ones you can purchase here so basically what you wish to buy and if you believe Tesla’s gon na go to 120 you can do order and after that you can hit 120 and say all right when checked is 120 I desire 2 500 to go in and obviously you people see the rate there so that is something you can do and of course it will be bought with take advantage of
and of course you men can see you can set your take earnings and things 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 buying Tesla and see their stuff so you men can see this person’s asking is it going up or down um and the factor I chose Tesla is due to the fact that it’s a very fascinating stop at the moment so it’s definitely extremely really intriguing and what’s also interesting as well is that you can also see I think you can see the market belief too due to the fact that uh you know it’s certainly something that you know you require to take a look at and if you also want to take a look at the company’s balance sheets you can see whether it’s going up or down of course you people can see in general there’s an uptrend obviously you guys to see the earnings is also going it’s actually quite stagnant but it’s still in rather an uptrend so um as you men can see it’s certainly truly truly fascinating and you people can see the last 3 years for Tesla have been definitely crazy so all of that things fine and when you go to the analysis tab I believe this is where we have some truly great signs um I’m simply uncertain 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 then essentially when you scroll down it reveals you if it’s a buy or not now people will be saying um it reveals you if based upon 16 of using under my condition on Tesla it says moderate buy it reveals you also the forecast fine the forecast is that it’s going to be at 232 which is an 87 gain based on 16 ranked
experts and obviously as you people can see over the next 12 months people are targeting four to nine obviously 258 and obviously 87 at the bearish price quote so it provides you a nice area um on what you wish to do and obviously you men can see it connects to the short article so you can check out the article since they in fact post these for the public naturally you men can see um Tesla and of course 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 naturally
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Conclusion:
Etoro has changed the investment landscape by creating a platform that combines social trading, academic 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 improve their trading skills.