is the social trading aspect of it so essentially what you wish to do is you want to go on Discover…How To Read An Etoro Statement…
and essentially you guys can see this area right here so you want to scroll scroll to copy Trader now if you’re questioning 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 allows you to do is it permits you to basically just mirror the portfolios of the leading financiers so this just indicates that if there is a top investor okay you can just merely copy their trades and you don’t need to do absolutely anything at all so you people 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 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 guys can understand from there you guys can essentially go ahead and click these men and basically copy their trades so you guys can see on the button on the top right here you guys can click this button and naturally essentially what this allows you to do is this will allow you to copy that
individual’s trade now the reason this is really quite cool is since if you have the ability to copy someone’s trade basically what this means is invest extremely wisely without in fact doing any work so as you men can see right here it reveals their threat level and as you people can see right here it says this is his danger rating so a threat rating level of two you men can see right here 2 shows us that his threat is really really low if someone’s risk rating was level 10 naturally you guys would see that their wrist level is totally 10 and it implies it’s most likely to be unstable significance you can have incredibly gains and super losses now essentially all you would want to do is click this copy button right here then of course you would merely invest the amount that you want fine over a certain amount of time so it would state close the financial investment likewise right here you people can see there’s a box underneath and essentially what this does is this secures your losses so let’s state for example 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 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 shows if the value drops below 88 or 9 000 obviously that is going to be something it closes so obviously as you guys can state this suggests 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
simply Patch their open trades now you do not in fact have to do anything right here this is 100 totally passive and if I click invest it’s going to proceed 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 in fact 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 precisely what’s been giving them a big earnings um you guys can see precisely what they purchase you can likewise see the data you can see every month that they’ve made money you men can see the performance obviously you men can see 2022 you people can see just how much they made each and every single month some red months some green months it’s absolutely a really extremely fascinating method to do this and of course they do have an area where you can talk with people also so that is going to be the highlight of etoro and like I said it’s certainly excellent now there’s many different manner ins which you can really trade too 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 however let’s state for instance I wished to trade Tesla I don’t know if the stock market is open today I believe I think the stock exchange did just open so essentially what we can do here is you can obviously trade now you can obviously trade using utilize also so you can even if you only have a thousand dollars to start you can then naturally use five times leverage men and of course this means that you can
increase your position size so what’s also interesting about this men is that you likewise don’t wish to have a situation where the over night feed um ruins you because of course as you men can see right here when you trade with the leverage people there is an overnight fee because of course you’re using somebody else’s money you men can see the over night fee I’m not sure if you people can see might have to zoom in it’s four dollars on a weekend and one dollar each day so that means each and every single day that is going to be the cost that you pay to etoro for using their cash now if you simply utilize number one leverage typical leverage then you’re not going to be paying that much depending on The Utilize you utilize there’s going to be an increased charge because of course your obtain covering that cash now understand that of course purchasing um any significant quantity of Tesla obviously as you guys can see it in fact reveals right here the genuine worth of our real trade and naturally essentially what you wish to do here people is naturally I would try out 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 naturally if you do not wish to buy you believe a Stock’s going to go down you can do offer naturally it’s basically shorting the market so obviously this is going to be something that you can quickly do and after that obviously we have actually got various ones you can buy here so essentially what you want to purchase and if you believe Tesla’s gon na go to 120 you can do order and after that you can strike 120 and say all right when evaluated 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 obviously it will be purchased with leverage
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 also fascinating also is that you can literally speak to all these individuals that are purchasing Tesla and see their things so you people can see this person’s asking is it increasing or down um and the factor I chose Tesla is because it’s an extremely interesting stop at the moment so it’s absolutely very very intriguing and what’s likewise intriguing also is that you can likewise see I think you can see the marketplace belief as well because uh you understand it’s certainly something that you know you need to take a look at and if you likewise wish to take a look at the company’s balance sheets you can see whether it’s going up or down naturally you guys can see overall there’s an uptrend of course you guys to see the net income is also going it’s really pretty stagnant however it’s still in rather an uptrend so um as you men can see it’s absolutely actually truly fascinating and you men can see the last 3 years for Tesla have been definitely outrageous so all of that things alright and when you go to the analysis tab I think this is where we have some actually excellent signs um I’m just unsure if this is working yeah so you men 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 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 also the prediction okay the prediction 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 4 to 9 naturally 258 and obviously 87 at the bearish quote so it provides you a great area um on what you want to do and of course you people can see it connects to the post so you can read the article because they really publish these for the public of course you guys can see um Tesla and naturally as you guys 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 naturally
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Conclusion:
Etoro has actually reinvented the investment landscape by producing a platform that integrates social trading, instructional resources, and a diverse variety of monetary instruments. As a retired hedge fund supervisor, I extremely suggest Etoro for those looking to start their investment journey or boost their trading abilities.