is the social trading aspect of it so basically what you wish to do is you want to go on Discover…Is Paradox Interactive On Etoro…
and basically 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 presently in the virtual um one right now 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 top investors so this just suggests that if there is a leading investor all right you can just merely copy their trades and you do not need to do definitely anything at all so you men can see right here this is a list this area right here is the list of the leading investors so you guys can see the return over 2 years over 2 years he’s posted a return of 72 over two years he’s published 33 over two years he’s published 120 27 so you guys can get the idea from there you people can essentially go ahead and click these people and essentially copy their trades so you men can see on the button on the top right here you men can click this button and of course essentially what this allows you to do is this will enable you to copy that
person’s trade now the factor this is really quite cool is due to the fact that if you’re able to copy somebody’s trade basically what this indicates is invest extremely smartly without really doing any work so as you people can see right here it reveals their threat level and as you guys can see right here it states this is his risk rating so a risk score level of two you guys can see right here two programs us that his risk is very really low if someone’s risk rating was level 10 obviously you men would see that their wrist level is entirely 10 and it means it’s likely to be unstable significance you can have super gains and super losses now essentially all you would wish to do is click this copy button right here then naturally you would just invest the quantity that you desire alright over a specific amount of time so it would say close the investment also right here you guys can see there’s a box beneath and basically what this does is this safeguards your losses so let’s state for instance you had 10 thousand dollars that you wished to purchase and naturally you didn’t want to lose more than let’s state a thousand dollars you didn’t want your financial investment to drop below 9 thousand dollars you would state Okay close the financial investment if it drops below nine thousand dollars so of course as you men can see right there it shows if the value drops listed below 88 or 9 000 obviously that is going to be something it closes so obviously as you men can state this implies 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 Patch their open trades now you do not in fact need 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 look at similar Traders right here and see their active thing now let’s make this so heros as you can actually see what’s inside their portfolio what they’re buying you can see what they’re holding uh how much they’ve you understand they’ve been offering precisely what’s been providing a large profit um you guys can see exactly what they buy you can likewise see the statistics you can see every month that they’ve earned money you people can see the performance of course you guys can see 2022 you guys can see how much they made each and every single month some red months some green months it’s definitely a very very interesting way to do this and of course they do have a location where you can talk with people too so that is going to be the main feature of etoro and like I stated it’s absolutely very good now there’s many different ways that you can in fact 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 say for instance I wished to trade Tesla I do not know if the stock exchange is open today I think I think the stock exchange did just open so essentially what we can do here is you can obviously trade now you can naturally trade using leverage too so you can even if you just have a thousand dollars to start you can then of course usage five times leverage people and of course this means that you can
increase your position size so what’s also intriguing about this people is that you likewise do not want to have a situation where the overnight feed um ruins you because of course as you guys can see right here when you trade with the utilize guys there is an over night cost because of course you’re using another person’s money you men can see the overnight charge I’m unsure if you people can see may need to zoom in it’s four dollars on a weekend and one dollar each day so that suggests each and every single day that is going to be the cost that you pay to etoro for utilizing their money now if you simply use top take advantage of normal leverage 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 charge because of course your borrow covering that cash now comprehend that obviously purchasing um any significant amount of Tesla obviously as you men can see it actually shows right here the real value of our real trade and naturally basically what you want to do here guys is of course I would explore the virtual account initially because this is going to get you to grips it’s going to be able to show you uh how you can really utilize the platform to generate income now naturally if you do not want to purchase you believe a Stock’s going to decrease you can do offer naturally it’s basically shorting the marketplace so of course this is going to be something that you can quickly do and then obviously we’ve 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 then you can strike 120 and state okay when evaluated is 120 I want 2 500 to go in and naturally you men see the rate there so that is something you can do and obviously it will be bought with utilize
and naturally you men can see you can set your take earnings and stuff like that so that is something that you can do what’s also fascinating also is that you can literally talk with all these people that are investing in 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 chose Tesla is due to the fact that it’s a really intriguing stop at the moment so it’s absolutely very really fascinating and what’s also interesting as well is that you can likewise see I believe you can see the market belief as well due to the fact that uh you understand it’s certainly something that you know you require to look at and if you likewise want to look at the business’s balance sheets you can see whether it’s increasing or down obviously you people can see overall there’s an uptrend obviously you men to see the earnings is also going it’s in fact quite stagnant however it’s still in rather an uptrend so um as you guys can see it’s certainly really actually interesting and you men can see the last 3 years for Tesla have actually been absolutely outrageous so all of that things okay and when you go to the analysis tab I believe this is where we have some really good indicators um I’m simply uncertain 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 after that basically when you scroll down it shows you if it’s a buy or not now people will be saying um it reveals you if based upon 16 of offering under my condition on Tesla it states moderate buy it shows you also the forecast alright 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 of course 258 and of course 87 at the bearish quote so it offers you a great area um on what you wish to do and of course you people can see it links to the post so you can read the post since they really publish these for the public obviously you men 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 men can see that the the belief obviously
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Conclusion:
Etoro has actually reinvented the investment landscape by creating a platform that combines social trading, instructional resources, and a diverse range of financial instruments. As a retired hedge fund supervisor, I extremely advise Etoro for those looking to begin their financial investment journey or improve their trading abilities.