Can You Make Money Copy Trading Etoro FAQ

the agreement is in regards to our experts saying to purchase to hold to offer the stock all the rankings where it’s come from Can You Make Money Copy Trading Etoro…

so i believe there’s a great deal of curiosity about i do get a lot of concerns asking me about the platform so i believed i would do a quick video simply taking you through the advantages and disadvantages the important things that i believe are excellent about the platform and the important things i believe are bad about the platform and then you can decide on whether or not you wish to try let’s jump directly in so the first big pro for me is the truth that they have expert rankings and research study i absolutely like this it’s got a whole page for each of the stocks simply telling you what analysts are saying and doing about the stock so you can see here for example on johnson and johnson what it looks like it gives you the rate targets that they think it

will reach um what so you can see here like citigroup morgan stanley um the hedge fund activities where the hedge funds are offering or buying and the expert transactions as well so it simply reveals you whether insiders have actually bought the shares um over the last few months or not i believe this is definitely fantastic and shown in a really easy format so for me this is a substantial plus for the platform a 2nd huge plus for me is the fact that your currency is kept in u.s dollars so i guess this is subjective however i believe this decreases your foreign exchange threat so in theory you might simply top up a bigger amount when the currency remains in your favor and simply hold the cash waiting to invest it for a lot of the platforms you need to pay the fx charges each time that you make a transaction whereas here that doesn’t happen you just pay the fx cost

What is social trading?

when you top up and when you withdraw and transform back to your own currency this obviously works finest if you invest a lot into u.s stocks the 3rd big pro of the platform in my viewpoint is that it provides you gain access to not just to stocks but also to products and cryptocurrency obviously this isn’t truly something that novices ought to meddle however it does have that choice for those of you who have an interest in commodities and cryptocurrency the next pro in my opinion is the social aspect of the platform so you can literally go in and speak to individuals discuss post see what individuals are posting about each specific stock nearly have like conversations about it and you can actually look at people’s portfolios so you can enter into anyone’s profile click on their portfolio and see what they are investing in including the popular traders you can see the revenues they’ve made and everything it is extremely transparent and i believe it’s actually good because you often get like alerts stating like so lots of people are speaking about tesla today like see all the posts

here and it’s truly cool simply to see what people are believing the next pro of the platform remains in my opinion the copy portfolios so they have 2 choices i believe i have actually discussed prior to you can either copy specific individuals or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i’ve talked about this before however they have a renewable energy portfolio which just holds loads of renewable energy stocks it’s type of like an etf in my opinion um it’s actually cool and i think it’s a huge plus of the platform due to the fact that they have actually got loads of different themes of these portfolios um that you can choose from so that’s a huge plus for me the last pro from my point of view is it’s just got a truly good design dashboard and the method it’s set up so unlike the other platforms that i usage at the moment they have a truly truly great desktop version it looks really tidy easy to use i didn’t truly have any issues with finding out what to do i like that for each stock you can go in and see everything in one location you understand you can click

on the chart you can click the research you can click the news and it will simply tell you all the news about that specific stock it’s really cool and also your portfolio just looks tidy and actually good and really has a lot of data on the primary portfolio page which i truly like now for the cons i believe there are three primary cons in regards to in my opinion clearly they’re not ones that have put me off using the platform um you understand i’ve done portfolio updates i utilize them myself however ones to be aware of the first one i think it is a bit too easy to trade cfds so since the cfd platform and the typical trading platform are integrated into one it makes it rather simple for people to trade cfds now they do put

cautions in place and it’s not like you can just click a button and accidentally open a cfd which is really great which’s practically among the main reasons that i do utilize them so it’s not really something to worry about inadvertently doing however i normally believe that a great deal of the platforms that offer cfds need to make it even harder to open cfds for retail financiers i understand many individuals who’ve lost rather a great deal of cash um not on really but still trading cfds so i believe normally there should probably be a little bit more it’s going to say guideline however just typically a little bit more like a couple of more

hoops to leap through if you will um to open a cfd trade secondly the fees so this is something that turns up a lot when i talk about is people complaining about the fees now yes whilst you may compare to specific platforms that have lower fees there are also loads of platforms that have much greater fees so roundabouts and swings truly all of it depends upon the big picture um they have a five dollar withdrawal charge is that really that much maybe if you’re continuously withdrawing l.

How to trade crypto in 2022 – 2023

ike 20 50 100 pounds yes possibly that’s a lot but if you’re investing long term and you’re just going to be taking out like a thousand pounds at a time then does it truly matter probably not so simply weigh that up um when you when you look at it there’s a few other charges on their cost page however normally the actual investing into stocks is commission free so when you’ve topped up you can do as numerous deals as you want in regards to purchasing underlying possessions without paying additional costs and finally the last con from me is the portfolio history so i discover it a little bit difficult to figure out sort of what i have actually invested where i have to go into each specific stock just to see when i have actually invested into it and just how much rather than seeing that on my portfolio history the only thing that i can see on the history is the top-ups an.

the copy trading um so i ‘d actually like to see all of the financial investments if possible and also i’ve still not actually figured out the dividends and how that shows up so that possibly resembles a little a 50 50 for me not quite sure yet to enjoy this space that’s pretty much it if you have an interest in providing a go i do have a recommendation link down listed below that you can utilize and you don’t even need to top up you can just utilize the virtual portfolio initially just to see what you think learn the platform and after that make a decision on whether you wish to utilize it or not so i ‘d enjoy to know your thoughts if you do try it out what you think about it and yeah that’s pretty much it for th.