How To Save Charts On Etoro – Turtles of Trading

On this post you’ll find the answer to How To Save Charts On Etoro….Concerns that i hear from new investors what if you’re brand new to investing you simply do not want to choose what you actually wish to invest and you desire someone to do it for you there’s just a couple of manner ins which that can take place the first of all you can employ an investment portfolio supervisor they’ll normally charge a rather a high premium to do that perhaps a couple of percent of your earnings will go to them the other thing is naturally you can buy mutual funds specific funds are produced again with an account manager in the background as i’m going to cover in this video they have a service though that’s called copy trading copy portfolios too now if you’re brand new to a total please remember this platform is rather sophisticated you can do cfds which obviously cfds are methods of investing

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with not in fact having the total of capital so with anything that you’re learning about please do study the platform don’t simply assume due to the fact that i use it that you can utilize it right now do some due diligence have a little experiment with it even invest with virtual cash they consider that choice as well so you in fact get used to the structure of the website and after that when you’re ready to utilize your own money to invest you can do so now i will disclaim naturally your capital is at danger this is investing we’re doing you’re purchasing genuine companies if you choose to in this specific video we’re speaking about how to copy other people’s investments with your cash so obviously your capital is at danger and we need to bear that in mind do not just do something because that person has actually stated they’ve made revenue 14 months in a row invest in these options since you believe is the best ones for you and that being stated let’s dive directly in [Music] so the important things we’re going to cover in this video is understanding what is copy trading what are copy portfolios it belongs to social trading which is one element that is probably.

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popular for it’s the choice to see what other traders are doing amazing we don’t typically get that insight from a lot of platforms and the other benefit is these copy portfolios are copy trading and so that means with our money we can in fact state i want to do precisely what that trader is doing or match that exact portfolio of choices and basically whenever they make a trade they purchase they offer whatever they do your money will be mimicked with it so that means if for example 10 of their investment portfolio is in tesla guess what you’ll now be investing 10 of your cash in so we’re going to likewise cover is the fees involved actually crucial you comprehend what are the costs of this now with any platform there will be some cost to certainly these are genuine companies that are investing they’re doing the buying the selling for you there’s going to be charges involved and even a few of the no cost sites then might not charge you for really buying and selling funds or etfs individual commodities individual stocks.

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there’ll be fees on other parts possibly it’s our fx rate when you’re altering from uk to u.s dollars there’s all sort of charges associated so do your due diligence and i’m going to show you the charges with in particular in this video the next would be things to understand before you really start investing in copy trading or copy portfolios and lastly some finest guidance best practices if you are thinking of this as a tool whether you begin your journey or your more advanced financier so let’s kick off with charges actually important to comprehend these now on there’s a number of charges there isn’t fees to do with in fact buying and selling fine so commission charges are complimentary nevertheless there are a number of other costs the first one is withdrawal charges so you can clearly put money in now if you’re in the uk we put our uk cash.

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and it’s immediately converted into us dollars and i’ll cover a little point about that later however when you wish to withdraw your money so you sell your shares you sell your products whatever you’re offering the minimum quantity you can withdraw is thirty dollars back out and they do charge you five dollars per withdrawal so for me of course understanding that i’m going to make certain that i’m just withdrawing when i definitely need to now you may state okay that’s quite pricey and i get that but it’s all to do with how they run their platform they have to charge fees somewhere and withdrawal costs are just among those options that they have a great deal of platforms certainly are free to do such things has this five dollar charge so in my eyes make your withdrawals mostly it can be maybe even once a year as soon as every 6 months you know depends totally how you’re investing however that is a charge to remember the 2nd cost that i have actually discussed is that conversion fee now with you’re dealing in us dollars just there’s not a choice to purchase in euros or uk which’s fine that suits me.

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a great deal of my stocks are us dollar stocks anyway or the etfs that i’m purchasing or perhaps some crypto so i’m great with that we have what’s called the fx currency conversion charge now when you use anybody so if you’re utilizing trading two and 2 open market anybody this is standard they have i suppose stuck to whatever fee they charge for that conversion rate you type of need to accept you know if you wish to utilize their platform go from uk to us then that conversion cost exists what are they in fact offering you in regards to your uk pounds to us dollars and all platforms are the same you can’t bargain with them you can’t go to the bank and say provide me us dollars rather you need to pay their charges now the excellent feature of though when you have actually transformed your money you do not have to invest it immediately that dollar worth can sit in your portfolio as money dollars for as long as you like so that means the initial day that you purchase or convert your dollars is the only charge that takes place now with copy trading and copy portfolios there aren’t any extra fees so that’s really good utilizing that part of their site won’t certainly limit you in any way nevertheless we need to know 2 other charges the very first being what’s called spread charges all right and i’m going to reveal you what i suggest on now a spread charge as i’m going to show you

on is essentially the difference that is part of the financial investment platform in between the buy rate and the sale price fine it’s their premium on doing both those two actions now tesla if you can see on this part of the site right now tesla’s dollar value 599 per share in tesla that actually means that when you want to purchase or offer as you can see it’s not the rate you’re seeing up here let me reveal you that again so the current cost of tesla is the worth of a share what’s called spread fees is the difference then really to buy that share on the platform and you’ll discover this all over this is another manner in which they make a small amount of make money from you each time you do a purchaser’s share so keep that in mind undoubtedly it’s more costly to buy than it is to sell so they’re going to provide you less back with your sale and you say alright well why does that occur it just does that is the nature of a great deal of platforms out there there’s a difference between if you’re buying it then you want to sell it which is how they make a little bit of cash on those spread fees it’s typically exceptionally small it could be a matter of pens matter of cents in there but that’s one place every investment company will again make a little bit money now the last accomplishment is called an

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overnight fee now this is really important if you’re really using cfds yourself too an over night fee is when you’re not doing that buy offer deal in the exact same day okay there’s then an over night cost charged or even if you go from the friday to the monday prior to cruising a weekend fee now this only applies to cfds so if you’re in fact buying out the etf the stock the product and utilizing time one utilize which means you’re actually buying the specific possession rather than using leverage anyway you will not get hit with these costs however these fees are if you’re utilizing leverage and cfds and then you’re going to have these costs if you’re not buy selling in the very same day so let’s state if you enter into the aid area this isn’t the over night costs info you can see precisely the breakdown and it’ll inform you what are the charges what are the costs then for when you’re doing overnight or you’re doing over weekends and that just uses as i stated to cfds there are some service charges naturally depending upon what you are buying too this is on your own so keep that in mind but complete fees are completely within their assistance info okay and we discussed in addition to free to deposit in however there’s a 5 dollar charge if you wish to withdraw from anything whether it’s been cfds normal commodity stock shares whatever there’s that 5 dollar withdrawal charge now another thing to call it as i’ve said copy trading and copy portfolios are 2 various ways of really using these copy functions they do not have any extra charges on top of the normal costs that

exist now what you require to bear in mind though is these possibly handled by other people completely or in some cases have actually produced portfolios you have actually got a genuine person doing the management you have to make sure you choose the person that’s right for you similar to any line of work this is your monetary possessions so we definitely need to ensure it’s the right individual for us prior to we copy them so the first things i would call it if you do wish to utilize this function we’ve got a couple of various options for us to start with if you’re brand new to investing i want to draw your attention to this within you have the option to invest real cash or a virtual platform virtual ways i believe you get yep a hundred thousand dollars to play with and it’s not real cash that you’re investing you will not need to put in your charge card details or anything you can essentially have this virtual portfolio mimic as if you are utilizing your own money but in fact buy pretend buy copy people whatever you like if you’re not

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feeling comfortable with using your genuine cash possibly this is a great alternative for you once again to test the theories alright you might want to purchase tesla or apple or this etf why not use the virtual option as a method to sort of safe have fun with it obviously you may have missed out on gains and losses during that time of course if you had actually invested your real money it allows you to build confidence understand the platform so that’s one choice for you then next week and i’m going to go back to my genuine portfolio here now we’re going to deep dive in fact how to copy people and copy portfolios now here’s something to remember prior to you choose someone that you’re going to copy or a portfolio you’re going to copy make certain you comprehend what your danger profile is now what do i indicate by that obviously for me i’m investing long term and they tend to state the longer you’re leaving your investments the riskier you can be risk just indicates am i okay with potentially losing an excellent quantity of this investment or getting as

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well now keep in mind everything is downs and ups you will make money you’ll lose money that’s why they make the fact 75 people will lose money but that similarly means they’ll lose at some time in their journey certainly individuals do make money also and i’ve got videos everything about how you can ensure you’re one of individuals to in fact earn money but in this situation ensure you research study your risk level would you be fine providing your cash to someone else which is successfully what you’re doing and trusting them ensure you comprehend what they’re investing in fully if you’re somebody who isn’t wanting to be that risky don’t choose somebody who’s completely into crypto or currency conversion think about it you ‘d most likely want a backbone of strong products

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like gold and even oil plus more conventional etfs and index funds you might not desire some up-and-coming single stocks in your portfolio do the same with who you’re following now as i state you can really use this too truly easily over here you can copy individuals now it will provide you a lot of choices and you can use the system to in fact search for somebody that you expensive really following so let’s see perhaps we want somebody from joined kingdom um who invests in let’s see who does etfs they have actually acquired a minimum of 10 yeah that sounds fair that sounds a good amount and i can discover everybody who has actually satisfied that criteria and it does give you a risk element as well so it tends to be the greater the number the more riskier they are with their stock investing now clearly there are a number of individuals that have quite high returns

bear in mind it’s like anything to do with the news or predictions of the future this does not indicate someone will make 56 for you for the next 12 months they might make 4 or minus 50 there’s no way to guarantee so do keep that in mind and as simple as clicking the copy button and off you go and after that you know ask you to verify are you okay with this and off you go now another method to in fact deep dive if we click this person for instance ruby mza as an example you can actually deep dive into what is she really buying so let’s go into portfolio and you can see she’s rather heavy into microsoft mastercard amazon she likes her tech a bit so that’s excellent to know ibm paypal yep she’s certainly like type of into those blue box and the tech market she’s got a few of mine really that i buy too which is excellent so in fact for me understanding what i like to purchase my individual stocks and shares she would resonate with me she’s got an excellent spread in tech business that seems to be what she prefers she’s also got a bit more um of the type of primary food business and you’ve got you understand pharmaceutical and production companies as that. How To Save Charts On Etoro.

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