is the social trading element of it so basically what you want to do is you want to go on Discover…What Are The Best Penny Stocks To Buy On Etoro…
and essentially 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 basically what this enables you to do is it allows you to basically simply mirror the portfolios of the leading investors so this simply suggests that if there is a leading financier alright you can just simply 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 men can see the return over 2 years over two years he’s published a return of 72 over two years he’s posted 33 over 2 years he’s published 120 27 so you people can get the idea from there you guys can basically proceed and click these guys 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 naturally essentially what this allows you to do is this will permit you to copy that
individual’s trade now the reason this is in fact pretty cool is since 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 danger level and as you people can see right here it states this is his danger rating so a danger score level of two you men can see right here two shows us that his threat is very extremely low if somebody’s threat rating was level 10 naturally you people would see that their wrist level is completely 10 and it indicates it’s likely to be unpredictable significance you can have extremely losses and extremely 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 want all right over a specific quantity of time so it would say close the financial investment likewise right here you guys can see there’s a box underneath and basically what this does is this secures your losses so let’s state for example you had ten thousand dollars that you wanted to purchase and obviously you didn’t wish to lose more than let’s say a thousand dollars you didn’t desire your financial investment to drop listed below nine thousand dollars you would state Okay close the financial investment if it drops below 9 thousand dollars so obviously as you men can see right there it shows if the value drops below 88 or 9 000 obviously that is going to be something it closes so of course as you people can say this means if when you want to tick this box you copy the open trades and as a newbie you can put your cash on this platform and
just Patch their open trades now you don’t really have to do anything right here this is 100 completely passive and if I click invest it’s going to go ahead and for the next year or so it’s going to copy their trades now as you guys can see you can go ahead and look at similar 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 purchasing you can see what they’re holding uh how much they’ve you know they have actually been offering precisely what’s been giving them a big earnings um you guys can see precisely what they buy you can also see the stats you can see every month that they’ve made money you guys can see the performance of course you men can see 2022 you men can see just how much they made every month some red months some green months it’s definitely a really really fascinating method to do this and obviously they do have a location where you can talk with people also so that is going to be the highlight of etoro and like I stated it’s certainly very good now there’s various ways that you can actually trade also 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 say for example I wanted to trade Tesla I don’t know if the stock exchange is open right now I believe I believe the stock market did just open so essentially what we can do here is you can of course trade now you can obviously trade using take advantage of also so you can even if you only have a thousand dollars to begin you can then obviously usage 5 times utilize men and obviously this indicates that you can
increase your position size so what’s likewise fascinating about this guys is that you also do not wish to have a situation where the over night feed um ruins you because of course as you people can see right here when you trade with the utilize people there is an overnight fee because of course you’re utilizing someone else’s money you men can see the overnight cost I’m uncertain if you people can see might need to zoom in it’s 4 dollars on a weekend and one dollar per day so that indicates every single day that is going to be the fee that you pay to etoro for using their cash now if you simply use number one utilize typical take advantage of then you’re not going to be paying that much depending on The Leverage you utilize there’s going to be an increased cost because of course your obtain covering that cash now understand that of course purchasing um any considerable quantity of Tesla obviously as you men can see it in fact reveals right here the genuine value of our real trade and naturally essentially what you wish to do here guys is obviously I would try out the virtual account first since this is going to get you to grips it’s going to be able to show you uh how you can in fact utilize the platform to generate income now naturally if you do not wish to purchase you believe a Stock’s going to go down you can do sell of course it’s basically shorting the market so naturally this is going to be something that you can quickly do and then obviously we’ve got different ones you can order here so basically what you want to buy and if you believe Tesla’s gon na go to 120 you can do order and after that you can strike 120 and state all right when checked is 120 I desire 2 500 to enter and naturally you guys see the rate there so that is something you can do and naturally it will be purchased with leverage
and naturally you guys can see you can set your take earnings and stuff like that so that is something that you can do what’s also interesting too is that you can actually talk with all these people that are purchasing Tesla and see their things so you people can see this person’s asking is it going up or down um and the factor I selected Tesla is due to the fact that it’s an extremely fascinating stop at the moment so it’s certainly really very interesting and what’s also interesting also is that you can also see I think you can see the marketplace belief too due to the fact that uh you know it’s absolutely something that you understand 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 increasing or down obviously you guys can see overall there’s an uptrend naturally you people to see the earnings is also going it’s really pretty stagnant but it’s still in quite an uptrend so um as you guys can see it’s absolutely actually actually interesting and you people can see the last three years for Tesla have actually been definitely crazy so all of that stuff fine and when you go to the analysis tab I think this is where we have some truly good indications um I’m just not exactly sure 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 then basically when you scroll down it shows you if it’s a buy or not now people will be stating 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 okay the prediction is that it’s going to be at 232 which is an 87 gain based on 16 ranked
analysts and obviously as you guys can see over the next 12 months individuals are targeting four to 9 naturally 258 and obviously 87 at the bearish price quote so it provides you a great location um on what you wish to do and naturally you people can see it links to the post so you can read the short article because they in fact post these for the general public naturally you people can see um Tesla and naturally as you guys can see right here when you scroll down you can see a lot more information about this stock so you people can see that the the belief obviously
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Conclusion:
Etoro has changed the financial investment landscape by creating a platform that integrates social trading, academic resources, and a varied range of monetary instruments. As a retired hedge fund manager, I highly suggest Etoro for those looking to start their investment journey or enhance their trading skills.