Are you looking to start copy trading on a platform like eToro? I've been using copy trading as part of my investment strategy for many years now. While I think it's a great innovation, it definitely isn't a silver bullet and definitely isn't a way to get rich quick.
So before jumping in, it's important to consider the pros and cons.
eToro is one of the most popular copy trading platforms in the world. I've been using eToro for the last few years to invest in a portfolio of stocks and also for copy trading. I think copy trading is one of the best ways to learn more about investing.
Here are some of of the tips I've picked from my experiences with copy trading over the last few years.
So far 2020 has been a pretty awful year for the markets. There has been a bit of a market crash and there is a recession in our future. But there has also been a lot of volatility. And if you're a good enough trader, you can take advantage of this volatility. Personally, I'm not good enough – but you can copy the trades of other people on platforms like eToro.
Note – This post doesn't apply to US customers
I wanted to highlight a couple of traders who I think have performed amazingly well during these testing times, just to show you that it's possible to trade successfully, no matter what is happening in the world.
Remember that the following isn't investment advice – always do your own research!
Have you heard of copy trading but not known where to start? This is my guide on how to start copy trading on eToro. I've been trading and copy trading for the last 5 years or so. I think its a great way to learn more about investing and economics and tap into the knowledge base of more experienced traders.
2020 has been a pretty crazy year so far and markets have been volatile. But there have been traders who have been able to take advantage of this volatility and had success. This is where copy trading is super powerful. You can tap into the traders who are making the most of these trying times.
Here are my top eToro trading tips for 2020. Each year I like to put tougher a little guide on what I think works best. Of course this is just my experience and you should do your own research to make sure it's the right type of investing platform for you.
So what is eToro? eToro is a popular social trading platform. It's a bit like if you combined Facebook with a Broker. Each trader has a feed that you can follow. You can see the trades they have opened and closed and you can even copy those trades using eToro's copytrading feature.
Have you come across the worlds largest social trading platform, eToro and wondering whether it's the right platform for you? Well in this post I'm going to break down what you can do on eToro, what your expectations should be. This way you can make a more informed choice before signing up.
If you're not an experienced trader, trying to make trades on your own is both risky and difficult. So what if you could automatically copy the trades made by more experienced traders? Well now you can. In this post i'm going to show you how to copy trade as well as suggest 3 traders that might be of interest to you in 2019.
Remember that past performance is not a reliable indicator of future performance. So do your own research and invest wisely.
This is probably the most common question I get asked – does eToro work? And it's a fair question. Before you invest money in anything, you want to know if it's a service you can trust and whether other people have found success using it.
Investing in stocks on your own can be tricky. The reality is that most amateur traders who try and pick stocks on their own just end up losing money. So I've put together a strategy where you can get stock picks from traders who have had a profitable past. And best of all it's completely free!