is the social trading element of it so basically what you want to do is you want to go on Discover…How To Backtest Trading Strategy Etoro…
and basically you people can see this location right here so you wish to scroll scroll down to copy Trader now if you’re questioning 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 basically what this permits you to do is it permits you to basically simply mirror the portfolios of the leading financiers so this just implies that if there is a leading financier alright you can just merely copy their trades and you don’t need to do absolutely anything so you men can see right here this is a list this area right here is the list of the top financiers so you men can see the return over two years over 2 years he’s published a return of 72 over two years he’s posted 33 over two years he’s posted 120 27 so you men can understand from there you men can basically proceed and click these people and basically copy their trades so you people can see on the button on the leading right here you guys can click this button and of course basically what this permits you to do is this will enable you to copy that
person’s trade now the reason this is actually pretty cool is due to the fact that if you have the ability to copy somebody’s trade basically what this implies is invest really wisely without in fact doing any work so as you men can see right here it reveals their danger level and as you guys can see right here it states this is his threat score so a danger rating level of 2 you people can see right here 2 programs us that his risk is really 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 most likely to be unstable significance you can have super gains and super losses now basically all you would want to do is click this copy button right here then naturally you would simply invest the amount that you want okay over a specific amount of time so it would state close the financial investment also right here you guys can see there’s a box beneath and basically what this does is this secures your losses so let’s state for instance you had ten thousand dollars that you wished to invest in and obviously you didn’t want to lose more than let’s state a thousand dollars you didn’t desire your financial investment to drop below nine thousand dollars you would say Okay close the investment if it drops below nine thousand dollars so obviously as you guys can see right there it reveals if the value drops below 88 or 9 000 of course that is going to be something it closes so of course as you guys can state this means if when you wish to tick this box you copy the open trades and as a beginner you can put your cash on this platform and
just Cobble their open trades now you don’t really have to do anything right here this is 100 completely passive and if I click invest it’s going to go ahead 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 comparable Traders right here and see their active thing now let’s make this so heros as you can really see what’s inside their portfolio what they’re purchasing you can see what they’re holding uh how much they’ve you understand they have actually been offering precisely what’s been providing a big revenue um you people can see precisely what they buy you can likewise see the data you can see every month that they’ve made money you people can see the efficiency of course you people can see 2022 you people can see how much they made every month some red months some green months it’s certainly a really extremely interesting way to do this and of course they do have a location where you can talk with people as well so that is going to be the highlight of etoro and like I stated it’s absolutely excellent now there’s various 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 instance I wanted to trade Tesla I don’t know if the stock market is open right now I believe I think the stock market did simply open so essentially what we can do here is you can of course trade now you can obviously trade using utilize as well so you can even if you just have a thousand dollars to begin you can then naturally use five times leverage guys and naturally this suggests that you can
increase your position size so what’s likewise interesting about this men is that you also do not want 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 take advantage of people there is an over night fee because of course you’re utilizing someone else’s money you guys can see the overnight charge I’m not sure if you guys can see may have to focus it’s 4 dollars on a weekend and one dollar per day so that suggests every day that is going to be the fee that you pay to etoro for utilizing their cash now if you simply use number one take advantage of typical leverage then you’re not going to be paying that much depending on The Leverage you utilize there’s going to be an increased charge because of course your borrow covering that money now understand 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 essentially what you want to do here people is obviously I would explore the virtual account first since 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 generate income now of course if you don’t wish to purchase you think a Stock’s going to decrease you can do sell of course it’s basically shorting the market so of course this is going to be something that you can quickly do and then naturally we have actually got various ones you can buy here so essentially 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 okay when checked is 120 I want 2 500 to go in and of course 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 guys can see you can set your take profits and stuff like that so that is something that you can do what’s likewise fascinating as well is that you can actually speak to all these people that are purchasing 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 picked Tesla is since it’s a very fascinating stop at the moment so it’s definitely really very intriguing and what’s likewise fascinating as well is that you can likewise see I think you can see the marketplace belief also due to the fact that uh you understand it’s certainly something that you understand you require to take a look at and if you also want to take a look at the business’s balance sheets you can see whether it’s increasing or down obviously you men can see in general there’s an uptrend of course you people to see the net income is also going it’s actually pretty stagnant but it’s still in quite an uptrend so um as you guys can see it’s absolutely truly really fascinating and you men can see the last 3 years for Tesla have been definitely crazy so all of that things okay and when you go to the analysis tab I think this is where we have some actually great indicators um I’m simply unsure 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 simply click analysis and then 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 on 16 of offering under my condition on Tesla it states moderate buy it shows you also the forecast alright 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 people can see over the next 12 months individuals are targeting 4 to nine of course 258 and obviously 87 at the bearish quote so it offers you a great location um on what you want to do and naturally you people can see it links to the article so you can read the article due to the fact that they in fact publish these for the general public of course you guys can see um Tesla and obviously as you guys can see right here when you scroll down you can see a lot more details about this stock so you people can see that the the belief of course
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