On eToro, you can automatically copy the trades of other users. But finding people to copy on eToro can be a bit time consuming. So i’ve put together 5 picks that might make a good portfolio. Remember to do your own research
So if you’re looking for inspiration on who to copy on eToro here are some ideas:
Disclaimer: Past performance is not an indication of future results. This is not investment advice. Your capital is at risk.
I wanted to include a trader who isn’t afraid to short the market. Why? Because a good trader who can short trade, is able to take full advantage of volatile markets and downturns. 2017 was a bullish year. And I’m predicting that 2018 is going to be a volatile year. Fabian has delivered consistent results over the last 12 months. Last year he delivered a return of over 20%!
So looking for a trader who shorts? Take a look at FabianMarco
Libor Vasa has been trading on eToro since 2014. And since then he has managed to post a profit every year. In 2017 he made a profit of over 50%. So far in 2018 he is up over 15%. Libor is focused 100% on stock trading and usually holds on to stocks for many months for longer term gains. He opens around 1 trade per week. He has a current risk score of 5, which is a little too high in my opinion.
I would copy LiborVasa if you’re interested in longer term results (think 1-2 years).
David had a horrible year in 2015 and posted a big loss. But since then he’s managed to deliver a reasonable return. For the last 12 months he’s posted a return of around 8%. Now while it isn’t huge he has been trading with a low risk score. What makes DPriscal interesting is the range of assets he’s trading. He trades forex, stocks, cryptos and commodities. He makes a good number of trades per week (around 4) and leaves them open on average for around 4 weeks.
If you’re looking to copytrade someone who invests across a broad range of markets then take a look at DPriscal.
Mindaugas Drezas (Investments Pro) has returned a gain for the past 2 years. And is up this year as well (which is a tough thing to do in the current downturn). He mainly trades stocks and leaves positions open for a week or so – cashing in on shorter term gains. This strategy means he makes quite a few trades per week (around 5). He has a current risk score of 3, which in my opinion is where traders should be aiming for.
So if you’re looking for a stock trader who is quite active on the platform, InvestmentsPro might be for you.
Looking for a Forex trader who uses a low risk strategy? Then take a look at merkur73. While this strategy isn’t going to generate massive returns it does mean he has a risk score of just 1! If you’re looking for more long term gains, then this might be the type of trader for you to copy. He trades almost exclusively in the forex markets and opens an average of 14 trades per week. So you’ll definitely feel as though your money is working hard!
So looking for lower risk and forex gains, try Merkur73
Getting Started Copy Trading on eToro
Getting started copying these traders on eToro is easy. Here’s how:
- Sign up to eToro here.
- Make a deposit. You don’t need to deposit. You can trade using a free virtual etoro account. You’ll need to deposit at least $200 to begin copy trading.
- Copy a Trader. Either copy a trader above or search through some of the top traders yourself. To copy just click the big blue “copy” button. Allocate some funds (you need to allocate at least $200) and you’ll start copying every action made by that trader.
Update – I’ve got 5 more great traders you can copy here.