is the social trading element of it so essentially what you want to do is you wish to go on Discover…Mass Idx Etoro Toll…
and basically you men can see this area 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 right now so as you men can see right here this is copy Trader so essentially what this permits you to do is it enables you to essentially simply mirror the portfolios of the leading investors so this just indicates that if there is a top financier 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 leading financiers so you guys can see the return over 2 years over two years he’s published a return of 72 over 2 years he’s posted 33 over two years he’s published 120 27 so you guys can understand from there you guys can basically go ahead and click these men and essentially copy their trades so you men can see on the button on the top right here you people can click this button and obviously basically what this enables you to do is this will enable you to copy that
person’s trade now the reason this is in fact pretty cool is because if you have the ability to copy someone’s trade basically what this implies is invest really smartly without actually 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 says this is his threat rating so a risk rating level of 2 you people can see right here two shows us that his risk is very really low if someone’s threat score was level 10 of course you men would see that their wrist level is completely 10 and it indicates it’s most likely to be unpredictable significance you can have incredibly losses and super gains 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 want alright over a certain amount of time so it would state close the financial investment likewise right here you men can see there’s a box beneath 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 invest in and naturally you didn’t want to lose more than let’s say a thousand dollars you didn’t desire your investment to drop below 9 thousand dollars you would state Okay close the investment if it drops below nine thousand dollars so obviously as you people can see right there it shows if the worth drops listed below 88 or 9 000 naturally that is going to be something it closes so of course as you guys can say this indicates 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
merely Cobble their open trades now you do not really have to do anything right here this is 100 entirely passive and if I click invest it’s going to go on and for the next year or so it’s going to copy their trades now as you men 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 how much they’ve you know they’ve been selling precisely what’s been providing a large earnings um you men can see exactly what they purchase you can likewise see the stats you can see every month that they have actually generated income you people can see the efficiency obviously you guys 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 certainly a really really interesting method 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 highlight of etoro and like I said it’s definitely very good now there’s various manner ins which you can in fact trade also so for instance let’s say I wanted to go onto my watch list right here and this is the default watch list that they give you but let’s say for instance I wanted to trade Tesla I don’t know if the stock exchange is open right now I believe I believe the stock exchange did just open so essentially what we can do here is you can obviously trade now you can obviously trade using take advantage of as well so you can even if you just have a thousand dollars to start you can then naturally usage five times leverage men and obviously this means that you can
increase your position size so what’s likewise intriguing about this people is that you likewise don’t want to have a circumstance where the over night 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 fee because of course you’re utilizing another person’s cash you men can see the over night fee I’m not sure if you people can see may have to zoom in it’s four dollars on a weekend and one dollar each day so that indicates each and every single day that is going to be the fee that you pay to etoro for using their money now if you just utilize top take advantage of typical leverage then you’re not going to be paying that much depending upon The Take advantage of you use there’s going to be an increased charge because of course your obtain covering that money now comprehend that obviously buying um any considerable amount of Tesla naturally as you people can see it really reveals right here the genuine worth of our actual trade and of course basically what you want 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 be able to show you uh how you can in fact use the platform to make money now of course if you do not want to buy you believe a Stock’s going to go down you can do sell naturally it’s basically shorting the market so of course this is going to be something that you can easily do and then of course we have actually got different ones you can order here so essentially what you wish to order and if you think Tesla’s gon na go to 120 you can do order and after that you can hit 120 and say all right when checked is 120 I desire 2 500 to go in and of course you people see the rate there so that is something you can do and naturally it will be bought with utilize
and obviously you men can see you can set your take earnings and stuff like that so that is something that you can do what’s likewise fascinating too is that you can literally speak to all these individuals that are investing in Tesla and see their things so you people can see this person’s asking is it increasing or down um and the factor I selected Tesla is because it’s a very intriguing stop at the moment so it’s absolutely very extremely intriguing and what’s also fascinating too is that you can also see I believe you can see the market belief as well due to the fact that uh you understand it’s definitely something that you know you require to look at and if you also wish to take a look at the business’s balance sheets you can see whether it’s going up or down naturally you guys can see overall there’s an uptrend naturally you guys to see the earnings is also going it’s in fact quite stagnant however it’s still in quite an uptrend so um as you people can see it’s certainly actually actually interesting and you guys can see the last 3 years for Tesla have been absolutely ridiculous so all of that things alright and when you go to the analysis tab I think this is where we have some really great indicators um I’m simply not exactly sure 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 essentially 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 providing under my condition on Tesla it says moderate buy it shows you also the forecast all right 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 price quote so it gives you a good location um on what you want to do and naturally you people can see it links to the article so you can read the short article because they in fact post these for the public naturally you guys can see um Tesla and obviously as you people can see right here when you scroll down you can see a lot more information about this stock so you men can see that the the sentiment obviously
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Conclusion:
Etoro has reinvented the investment landscape by producing a platform that combines social trading, educational resources, and a diverse variety of financial instruments. As a retired hedge fund manager, I extremely recommend Etoro for those looking to start their financial investment journey or boost their trading skills.