is the social trading aspect of it so essentially what you want to do is you want to go on Discover…Use Python To Get Data From Etoro…
and basically you guys 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 presently in the virtual um one today so as you men can see right here this is copy Trader so essentially what this enables you to do is it permits you to basically just mirror the portfolios of the top financiers so this simply means that if there is a top investor all right you can just merely copy their trades and you don’t require to do absolutely anything at all so you men 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 2 years he’s published a return of 72 over 2 years he’s posted 33 over 2 years he’s published 120 27 so you men can get the idea from there you guys can basically go ahead and click these men and basically 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 enables you to do is this will allow you to copy that
individual’s trade now the factor this is in fact quite cool is due to the fact that if you’re able to copy someone’s trade essentially what this suggests is invest really smartly without in fact 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 danger rating so a danger score level of two you people can see right here two shows us that his threat is extremely extremely low if somebody’s threat rating was level 10 naturally you guys would see that their wrist level is completely 10 and it indicates it’s most likely to be volatile meaning you can have extremely losses and extremely gains now basically all you would wish to do is click this copy button right here then naturally you would merely invest the quantity that you desire all right over a particular amount of time so it would state close the financial investment likewise right here you men can see there’s a box below and basically what this does is this secures your losses so let’s state for instance 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 desire your financial investment to drop below 9 thousand dollars you would say Okay close the investment if it drops listed below 9 thousand dollars so obviously as you people can see right there it shows if the value drops below 88 or 9 000 naturally that is going to be something it closes so naturally as you guys can say this means if when you wish to tick this box you copy the open trades and as a novice you can put your money on this platform and
simply Patch their open trades now you don’t actually need 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 proceed and look at comparable Traders right here and see their active thing now let’s make this so good guys 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 understand they have actually been offering precisely what’s been giving them a big earnings um you people can see exactly what they purchase you can likewise see the stats you can see every month that they’ve made money you men 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 definitely a really really fascinating method to do this and of course they do have an area where you can talk with people too so that is going to be the highlight of etoro and like I said it’s absolutely great now there’s many different ways that you can really trade also 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 give you but let’s state for example I wished to trade Tesla I do not understand if the stock market is open right now I believe I think the stock market did simply open so basically what we can do here is you can obviously trade now you can naturally trade utilizing utilize as well so you can even if you only have a thousand dollars to begin you can then of course use 5 times utilize men and of course this suggests that you can
increase your position size so what’s also fascinating 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 men can see right here when you trade with the take advantage of men there is an overnight cost because of course you’re using another person’s money you men can see the over night fee I’m not exactly sure if you people can see might have to focus it’s four dollars on a weekend and one dollar daily so that implies every single day that is going to be the fee that you pay to etoro for using their cash now if you just use top leverage typical 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 fee because of course your obtain covering that cash now understand that obviously buying um any considerable amount of Tesla of course as you men can see it actually reveals right here the real worth of our real trade and naturally essentially what you want to do here people is of course I would experiment with 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 don’t wish to purchase you believe a Stock’s going to go down you can do sell obviously it’s basically shorting the marketplace so naturally this is going to be something that you can easily do and after that naturally we’ve got different ones you can purchase here so basically what you wish to buy 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 checked is 120 I desire 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 take advantage of
and of course you guys can see you can set your take revenues and stuff like that so that is something that you can do what’s also fascinating too is that you can literally talk with all these people 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 reason I selected Tesla is since it’s a very intriguing stop at the moment so it’s definitely very very interesting and what’s likewise interesting as well is that you can also see I think you can see the market belief also since uh you understand it’s definitely something that you understand you need to take a look at and if you also want to take a look at the company’s balance sheets you can see whether it’s increasing or down obviously you people can see in general there’s an uptrend naturally you men to see the earnings is likewise going it’s in fact quite stagnant however it’s still in rather an uptrend so um as you people can see it’s definitely really actually fascinating and you men can see the last three years for Tesla have been definitely ridiculous so all of that stuff fine and when you go to the analysis tab I think this is where we have some actually 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 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 upon 16 of using under my condition on Tesla it states moderate buy it shows you also the forecast fine the prediction is that it’s going to be at 232 which is an 87 gain based on 16 ranked
experts and naturally as you men can see over the next 12 months individuals are targeting four to 9 of course 258 and obviously 87 at the bearish price quote so it offers you a great location um on what you want to do and obviously you men can see it connects to the post so you can read the post since they in fact post these for the public naturally you people can see um Tesla and obviously as you guys 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 naturally
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