is the social trading aspect of it so essentially what you want to do is you want to go on Discover…What Does Bronze Mean In Etoro…
and basically you men can see this area right here so you wish to scroll scroll to copy Trader now if you’re questioning my account balance I am presently in the virtual um one today so as you people can see right here this is copy Trader so basically what this permits you to do is it permits you to basically just mirror the portfolios of the top investors so this just implies that if there is a top financier all right you can just simply copy their trades and you do not require to do absolutely anything at all so you people can see right here this is a list this section right here is the list of the leading investors so you people 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 posted 120 27 so you men can understand from there you men can basically go on and click these people and essentially copy their trades so you people can see on the button on the top right here you men can click this button and of course basically what this permits you to do is this will permit you to copy that
person’s trade now the reason this is in fact quite cool is since if you have the ability to copy somebody’s trade basically what this means is invest extremely smartly without really doing any work so as you guys can see right here it shows their risk level and as you people can see right here it states this is his danger score so a risk score level of two you people can see right here two shows us that his danger is extremely extremely low if someone’s risk score was level 10 of course you people would see that their wrist level is entirely 10 and it means it’s most likely to be unpredictable meaning you can have extremely gains and incredibly losses now essentially all you would want to do is click this copy button right here then of course you would simply invest the quantity that you want okay over a certain amount of time so it would state close the financial investment likewise right here you guys can see there’s a box below and essentially what this does is this protects your losses so let’s say for example you had ten thousand dollars that you wanted to invest in and of course you didn’t wish to lose more than let’s state a thousand dollars you didn’t desire your investment to drop listed below 9 thousand dollars you would say Okay close the investment if it drops listed below nine thousand dollars so naturally as you people can see right there it shows if the worth drops listed below 88 or 9 000 obviously that is going to be something it closes so obviously as you men 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 cash on this platform and
simply Cobble their open trades now you don’t 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 people can see you can go ahead and take a look at comparable Traders right here and see their active thing now let’s make this so good guys as you can actually 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 exactly what’s been giving them a big earnings um you people can see precisely what they buy you can likewise see the statistics you can see every month that they have actually generated income you guys can see the efficiency obviously you guys 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 extremely intriguing way to do this and naturally they do have a location where you can talk with people too so that is going to be the highlight of etoro and like I said it’s absolutely excellent now there’s various ways that you can in fact trade as well 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 offer you but let’s say for example I wished to trade Tesla I don’t understand if the stock exchange is open right now I think I think the stock market did just open so basically 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 of course use five times leverage people and obviously this indicates that you can
increase your position size so what’s also intriguing about this guys is that you likewise do not wish to have a circumstance where the over night feed um ruins you because of course as you men can see right here when you trade with the leverage men there is an overnight charge because of course you’re using somebody else’s money you men can see the overnight fee I’m uncertain if you men can see may need to focus it’s four dollars on a weekend and one dollar per day so that suggests every single day that is going to be the cost that you pay to etoro for using their cash now if you just use primary utilize normal utilize then you’re not going to be paying that much depending upon The Utilize you utilize there’s going to be an increased charge because of course your borrow covering that money now comprehend that obviously purchasing um any significant amount of Tesla of course as you guys can see it actually reveals right here the real worth of our real trade and obviously essentially what you wish to do here men is of course I would try out the virtual account first because this is going to get you to grips it’s going to have the ability to reveal you uh how you can actually utilize the platform to generate income now obviously if you do not want to purchase you think a Stock’s going to go down you can do offer obviously it’s essentially shorting the market so obviously this is going to be something that you can easily do and after that of course we’ve got various ones you can buy here so essentially what you wish to purchase and if you believe Tesla’s gon na go to 120 you can do order and after that you can hit 120 and say all right when evaluated 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 obviously it will be bought with utilize
and naturally you men can see you can set your take profits and things like that so that is something that you can do what’s likewise intriguing too is that you can actually speak to all these individuals that are investing in Tesla and see their stuff so you people 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 an extremely fascinating stop at the moment so it’s definitely extremely extremely fascinating and what’s likewise intriguing as well is that you can likewise see I think you can see the market belief as well since uh you understand it’s definitely something that you understand you need to look at and if you also want to look at the business’s balance sheets you can see whether it’s increasing or down of course you men can see overall there’s an uptrend naturally you men to see the net income is also going it’s really quite stagnant but it’s still in rather an uptrend so um as you people can see it’s absolutely really actually fascinating and you people can see the last 3 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 great indicators um I’m just unsure 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 then essentially when you scroll down it reveals you if it’s a buy or not now people will be saying um it reveals you if based on 16 of providing under my condition on Tesla it says moderate buy it shows you likewise the prediction fine the forecast is that it’s going to be at 232 which is an 87 gain based upon 16 ranked
analysts and obviously as you men can see over the next 12 months individuals are targeting 4 to nine obviously 258 and naturally 87 at the bearish quote so it offers you a nice location um on what you want to do and of course you people can see it connects to the short article so you can check out the post due to the fact that they really post these for the general public naturally 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 naturally
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Conclusion:
Etoro has transformed the financial investment landscape by producing a platform that combines social trading, instructional resources, and a diverse variety of financial instruments. As a retired hedge fund manager, I highly advise Etoro for those looking to start their investment journey or enhance their trading skills.