is the social trading aspect of it so basically what you want to do is you want to go on Discover…Withdrawing Money From Etoro Using Wire Transfer…
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 currently in the virtual um one right now so as you people can see right here this is copy Trader so essentially what this enables you to do is it enables you to basically just mirror the portfolios of the top investors so this just indicates that if there is a leading financier all right you can just simply copy their trades and you do not 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 two years he’s posted a return of 72 over two years he’s posted 33 over 2 years he’s published 120 27 so you guys can understand from there you men can basically go on and click these men and essentially copy their trades so you people can see on the button on the leading right here you people can click this button and naturally basically what this enables you to do is this will allow you to copy that
individual’s trade now the factor this is actually quite cool is because if you’re able to copy someone’s trade basically what this implies is invest extremely wisely without actually doing any work so as you people can see right here it reveals their threat level and as you men can see right here it states this is his danger rating so a threat rating level of two you men can see right here two shows us that his risk is really extremely low if somebody’s threat score was level 10 naturally you people would see that their wrist level is completely 10 and it indicates it’s most likely to be unstable meaning you can have very losses and super gains now essentially all you would want to do is click this copy button right here then naturally you would merely invest the amount that you desire okay over a certain amount of time so it would state close the investment also right here you people can see there’s a box beneath and basically what this does is this safeguards your losses so let’s state for example you had 10 thousand dollars that you wished to buy and obviously 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 state Okay close the financial investment if it drops below 9 thousand dollars so of course as you men can see right there it reveals if the value drops listed below 88 or 9 000 naturally that is going to be something it closes so obviously 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
just Cobble 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 go on and for the next year or so it’s going to copy their trades now as you guys can see you can proceed 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 have actually been selling exactly what’s been providing a large profit um you people can see exactly what they buy you can also see the statistics you can see each and every single month that they’ve made money you people can see the performance obviously 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 an extremely extremely fascinating method to do this and naturally they do have a location where you can talk with individuals also so that is going to be the main feature of etoro and like I said it’s definitely great now there’s several ways that you can in fact trade also so for instance let’s state I wanted to go onto my watch list right here and this is the default watch list that they give you however let’s state for example I wished to trade Tesla I don’t understand if the stock market is open right now I think I think the stock exchange did simply open so essentially what we can do here is you can obviously trade now you can naturally trade using utilize as well so you can even if you just have a thousand dollars to begin you can then of course use five times utilize men and naturally this suggests that you can
increase your position size so what’s also intriguing about this men is that you likewise don’t wish 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 take advantage of men there is an overnight cost because of course you’re utilizing another person’s money you men can see the overnight fee I’m uncertain if you guys can see may need to focus it’s 4 dollars on a weekend and one dollar each day so that suggests every single day that is going to be the cost that you pay to etoro for utilizing their money now if you simply use primary take advantage of normal utilize then you’re not going to be paying that much depending on The Leverage you use there’s going to be an increased cost because of course your obtain covering that money now comprehend that naturally buying um any substantial quantity of Tesla of course as you people can see it really shows right here the real worth of our real trade and of course essentially what you wish to do here guys is naturally I would try out the virtual account first because this is going to get you to grips it’s going to be able to reveal you uh how you can actually use the platform to make money now of course if you do not wish to purchase you think a Stock’s going to decrease you can do offer naturally it’s basically shorting the market so obviously this is going to be something that you can quickly do and then naturally we have actually got different ones you can buy here so basically 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 strike 120 and say alright when evaluated is 120 I want 2 500 to enter and naturally you people 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 men can see you can set your take earnings and things like that so that is something that you can do what’s also interesting as well is that you can actually talk to all these individuals that are investing in Tesla and see their stuff so you guys can see this person’s asking is it increasing or down um and the reason I picked Tesla is because it’s an extremely fascinating stop at the moment so it’s definitely very really interesting and what’s likewise intriguing also is that you can likewise see I think you can see the marketplace sentiment also since uh you understand it’s certainly something that you understand you need to look at and if you likewise wish to take a look at the company’s balance sheets you can see whether it’s increasing or down obviously you guys can see overall there’s an uptrend obviously you people to see the net income is likewise going it’s in fact pretty stagnant however it’s still in quite an uptrend so um as you guys can see it’s definitely really truly interesting and you people can see the last 3 years for Tesla have actually been absolutely insane so all of that stuff alright and when you go to the analysis tab I think this is where we have some actually excellent indications um I’m just uncertain 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 simply click analysis and then basically when you scroll down it reveals you if it’s a buy or not now people will be stating um it shows you if based on 16 of providing under my condition on Tesla it says moderate buy it reveals 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
analysts and naturally 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 price quote so it provides you a nice location um on what you want to do and obviously you guys can see it links to the short article so you can read the article because they really post these for the public obviously you men can see um Tesla and of course as you men can see right here when you scroll down you can see a lot more information about this stock so you guys can see that the the sentiment of course
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Conclusion:
Etoro has changed the investment landscape by developing a platform that integrates social trading, educational resources, and a diverse variety of financial instruments. As a retired hedge fund manager, I highly recommend Etoro for those looking to begin their investment journey or boost their trading skills.