is the social trading aspect of it so basically what you want to do is you want to go on Discover…How To Set Up Etoro Authenticator On New Phone…
and essentially you people can see this location right here so you want 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 basically what this permits you to do is it enables you to basically just mirror the portfolios of the leading financiers so this simply means that if there is a leading financier okay you can just merely 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 investors so you guys can see the return over 2 years over two years he’s posted a return of 72 over two years he’s posted 33 over 2 years he’s published 120 27 so you guys can understand from there you guys can basically go ahead and click these guys and essentially copy their trades so you people can see on the button on the top right here you guys can click this button and obviously essentially what this allows you to do is this will permit you to copy that
individual’s trade now the reason this is really quite cool is because if you’re able to copy somebody’s trade basically what this indicates is invest extremely wisely without really doing any work so as you people can see right here it shows their risk level and as you people can see right here it states this is his risk rating so a threat rating level of two you men can see right here two shows us that his threat is extremely very low if someone’s threat rating was level 10 naturally you people would see that their wrist level is entirely 10 and it means it’s most likely to be unpredictable significance you can have extremely losses and very gains now basically all you would want to do is click this copy button right here then obviously you would just invest the amount that you desire fine over a specific amount of time so it would say close the financial investment likewise right here you men can see there’s a box underneath and essentially what this does is this secures your losses so let’s state for instance you had ten thousand dollars that you wanted to purchase and of course you didn’t wish to lose more than let’s say a thousand dollars you didn’t want your financial investment to drop below nine thousand dollars you would say Okay close the financial investment if it drops listed below 9 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 obviously as you guys can state this means 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
simply Patch 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 proceed and for the next year or so it’s going to copy their trades now as you guys can see you can go on and take a look at similar 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 buying you can see what they’re holding uh just how much they’ve you understand they’ve been selling precisely what’s been giving them a large earnings um you guys can see precisely what they buy you can also see the stats you can see each and every single month that they have actually made money you men can see the efficiency of course you guys can see 2022 you people can see how much they made each and every single month some red months some green months it’s definitely a very really fascinating method to do this and naturally they do have an area where you can talk with individuals also so that is going to be the highlight of etoro and like I said it’s absolutely great now there’s various manner ins which you can in fact trade also so for instance let’s state I wanted to go onto my watch list right here and this is the default watch list that they offer you but let’s state for example I wished to trade Tesla I do not understand if the stock exchange is open right now I believe I believe the stock market did simply open so essentially what we can do here is you can obviously trade now you can obviously trade utilizing utilize also so you can even if you only have a thousand dollars to start you can then obviously usage five times take advantage of guys and of course this suggests that you can
increase your position size so what’s also fascinating about this men is that you also don’t wish to have a circumstance where the overnight 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 another person’s money you guys can see the overnight cost I’m not exactly sure if you people can see may need to zoom in it’s 4 dollars on a weekend and one dollar daily so that indicates each and every single 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 normal take advantage of then you’re not going to be paying that much depending on The Take advantage of you use there’s going to be an increased cost because of course your borrow covering that money now understand that of course buying um any substantial amount of Tesla obviously as you men can see it in fact shows right here the real worth of our real trade and obviously basically what you wish to do here men is naturally I would experiment with the virtual account initially due to the fact that this is going to get you to grips it’s going to have the ability to reveal you uh how you can in fact utilize the platform to generate income now of course if you do not wish to purchase you think a Stock’s going to go down you can do offer of course it’s essentially shorting the market so obviously this is going to be something that you can easily do and then naturally we’ve got different ones you can buy here so essentially what you want to order and if you think Tesla’s gon na go to 120 you can do order and then you can hit 120 and state okay when tested is 120 I desire 2 500 to enter and obviously you guys see the rate there so that is something you can do and naturally it will be purchased with take advantage of
and obviously you men can see you can set your take revenues and things like that so that is something that you can do what’s also intriguing too is that you can literally speak to all these individuals that are buying Tesla and see their things so you people can see this person’s asking is it increasing or down um and the reason I selected Tesla is because it’s an extremely intriguing stop at the moment so it’s absolutely very extremely fascinating and what’s also fascinating as well is that you can also see I believe you can see the market belief too due to the fact that uh you know it’s certainly something that you understand you require to take a look at and if you likewise wish to look at the company’s balance sheets you can see whether it’s going up or down of course you people can see overall there’s an uptrend of course you guys to see the net income is also going it’s really pretty stagnant but it’s still in quite an uptrend so um as you men can see it’s absolutely actually really fascinating and you people can see the last 3 years for Tesla have been absolutely outrageous so all of that things fine and when you go to the analysis tab I believe this is where we have some actually excellent signs um I’m just 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 just click analysis and then basically when you scroll down it reveals you if it’s a buy or not now individuals will be saying um it shows you if based on 16 of using under my condition on Tesla it states moderate buy it reveals you likewise 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 naturally as you men can see over the next 12 months people are targeting 4 to 9 obviously 258 and of course 87 at the bearish estimate so it provides you a great location um on what you want to do and naturally you people can see it links to the post so you can read the article since they actually post these for the public of course you guys can see um Tesla and obviously 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 of course
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