is the social trading element of it so basically what you want to do is you want to go on Discover…How To Read Etoro 1099 K…
and basically you people can see this location 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 men can see right here this is copy Trader so basically what this permits you to do is it allows you to essentially simply mirror the portfolios of the top investors so this simply suggests that if there is a top financier all right you can just merely copy their trades and you do not require to do definitely anything so you guys can see right here this is a list this section right here is the list of the leading financiers so you men can see the return over two years over 2 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 get the idea from there you men can basically go ahead and click these men and essentially 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 factor this is in fact pretty cool is due to the fact that if you have the ability to copy somebody’s trade essentially what this indicates is invest extremely wisely without actually doing any work so as you guys can see right here it shows their danger level and as you people can see right here it states this is his risk rating so a danger rating level of two you guys can see right here two shows us that his danger is very extremely low if somebody’s threat score was level 10 obviously you people would see that their wrist level is totally 10 and it indicates it’s most likely to be unpredictable significance you can have super gains and incredibly losses now essentially all you would wish to do is click this copy button right here then naturally you would merely invest the quantity that you desire fine over a specific amount of time so it would say close the financial investment also right here you guys can see there’s a box below and basically what this does is this safeguards your losses so let’s say for example you had 10 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 investment if it drops listed below 9 thousand dollars so obviously as you guys can see right there it shows if the worth drops below 88 or 9 000 of course 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 beginner you can put your money on this platform and
just Cobble their open trades now you do not actually have to do anything right here this is 100 completely 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 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 in fact 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’ve been offering exactly what’s been giving them a large profit um you men can see precisely what they purchase you can also see the statistics you can see each and every single month that they have actually generated income you guys can see the performance obviously you men can see 2022 you men can see just how much they made every month some red months some green months it’s absolutely a really very intriguing way 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 certainly very good now there’s many different ways that you can in fact trade too so for instance let’s say I wished to go onto my watch list right here and this is the default watch list that they give you however let’s state for example I wanted to trade Tesla I do not understand if the stock market is open right now I think I believe the stock exchange did just open so basically what we can do here is you can naturally trade now you can of course trade using leverage too so you can even if you only have a thousand dollars to start you can then of course usage five times take advantage of guys and naturally this means that you can
increase your position size so what’s likewise fascinating 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 men can see right here when you trade with the leverage men there is an over night cost because of course you’re using somebody else’s cash you men can see the over night charge I’m unsure if you people can see may need to focus it’s four dollars on a weekend and one dollar daily so that implies each and every single day that is going to be the fee that you pay to etoro for utilizing their money now if you just use primary leverage regular utilize 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 comprehend that of course purchasing um any significant quantity of Tesla naturally as you guys can see it actually reveals right here the real value of our actual trade and obviously basically what you want to do here men is obviously I would explore the virtual account first because this is going to get you to grips it’s going to have the ability to reveal you uh how you can actually utilize the platform to earn money now of course if you do not want to purchase you believe a Stock’s going to go down you can do sell of course it’s basically shorting the market so obviously this is going to be something that you can easily do and then of course we’ve got various ones you can buy here so basically what you want to buy and if you think Tesla’s gon na go to 120 you can do order and after that you can strike 120 and state fine when evaluated is 120 I desire 2 500 to go in and obviously you men see the rate there so that is something you can do and naturally it will be purchased with take advantage of
and obviously you people can see you can set your take profits and things like that so that is something that you can do what’s also fascinating as well is that you can actually speak to all these individuals 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 factor I chose Tesla is since it’s a really interesting stop at the moment so it’s definitely very extremely fascinating and what’s likewise fascinating as well is that you can likewise see I think you can see the market sentiment too because uh you understand it’s absolutely something that you know you need to look at and if you likewise want to look at the business’s balance sheets you can see whether it’s going up or down of course you men can see in general there’s an uptrend of course you guys to see the earnings is also going it’s really quite stagnant however it’s still in quite an uptrend so um as you people can see it’s certainly really really intriguing and you guys can see the last 3 years for Tesla have actually been absolutely crazy so all of that stuff alright and when you go to the analysis tab I believe this is where we have some really good 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 just click analysis and after that essentially when you scroll down it shows you if it’s a buy or not now individuals will be saying um it reveals you if based on 16 of providing under my condition on Tesla it states moderate buy it shows you likewise the prediction fine the forecast is that it’s going to be at 232 which is an 87 gain based on 16 ranked
experts and naturally as you guys can see over the next 12 months people are targeting four to 9 naturally 258 and naturally 87 at the bearish estimate so it gives you a great area um on what you want to do and obviously you people can see it connects to the post so you can read the short article due to the fact that they in fact publish these for the general public obviously you people can see um Tesla and naturally as you people can see right here when you scroll down you can see a lot more details about this stock so you guys can see that the the belief obviously
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