Where Are Binance Servers Located – Turtles of Trading

On this post you’ll find the answer to Where Are Binance Servers Located….Questions that i hear from new investors what if you’re brand new to investing you simply do not wish to choose what you actually wish to invest and you desire someone to do it for you there’s just a couple of ways that that can take place the first of all you can employ a financial investment portfolio manager they’ll typically charge a rather a high premium to do that possibly a couple of percent of your earnings will go to them the other thing is of course you can buy mutual funds specific funds are created 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 as well now if you’re brand new to an overall please remember this platform is rather sophisticated you can do cfds which obviously cfds are methods of investing

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with not really having the full amount of capital so with anything that you’re learning about please do study the platform don’t simply assume since i use it that you can utilize it right away do some due diligence have a little experiment with it even invest with virtual cash they consider that option too so you really get used to the structure of the website and then when you’re ready to use your own money to invest you can do so now i will disclaim naturally your capital is at threat this is investing we’re doing you’re buying real companies if you choose to in this particular video we’re speaking about how to copy other individuals’s financial investments with your money so certainly your capital is at threat and we need to bear that in mind do not just do something because that person has stated they’ve made earnings 14 months in a row purchase these choices since you believe is the right ones for you and that being stated let’s dive directly in [Music] The things we’re going to cover in this video is understanding what is copy trading what are copy portfolios it’s part of social trading which is one element that is most likely.

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popular for it’s the alternative to see what other traders are doing incredible we don’t typically get that insight from a great deal of platforms and the other advantage is these copy portfolios are copy trading and so that means with our money we can in fact state i wish to do precisely what that trader is doing or match that precise portfolio of options and basically each time they make a trade they buy they offer whatever they do your cash will be simulated with it so that suggests if for example 10 of their financial 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 vital you understand what are the expenses of this now with any platform there will be some cost to clearly these are real business that are investing they’re doing the buying the selling for you there’s going to be charges involved and even some of the absolutely no charge websites then might not charge you for really buying and selling funds or etfs individual products specific stocks.

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there’ll be costs on other parts possibly it’s our fx rate when you’re changing from uk to u.s dollars there’s all sort of charges associated so do your due diligence and i’m going to reveal you the charges with in particular in this video the next would be things to understand before you in fact begin buying copy trading or copy portfolios and finally some best guidance best practices if you are thinking about this as a tool whether you begin your journey or your advanced financier so let’s kick off with fees actually crucial to understand these now on there’s a number of fees there isn’t costs to do with in fact buying and selling all right so commission costs are totally free nevertheless there are a number of other fees the first one is withdrawal charges so you can obviously put money in now if you remain in the uk we put our uk money.

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and it’s automatically converted into us dollars and i’ll cover a little point about that later but when you want to withdraw your money so you offer your shares you offer your products whatever you’re selling the minimum quantity you can withdraw is thirty dollars back out and they do charge you five dollars per withdrawal so for me obviously understanding that i’m going to make certain that i’m just withdrawing when i definitely need to now you might say all right that’s quite costly and i get that however it’s all to do with how they run their platform they need to charge fees somewhere and withdrawal charges are just among those choices that they have a great deal of platforms clearly are totally free to do such things has this five dollar charge so in my eyes make your withdrawals mainly it can be maybe even once a year when every six months you understand depends totally how you’re investing however that is a cost to remember the 2nd charge that i’ve discussed is that conversion fee now with you’re dealing in us dollars just there’s not an option to purchase in euros or uk and that’s fine that fits me.

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a great deal of my stocks are us dollar stocks anyhow or the etfs that i’m buying or even some crypto so i’m excellent with that we have what’s called the fx currency conversion fee now when you use anybody so if you’re using trading two and 2 open market anyone at all this is basic they have i expect stuck to whatever cost they charge for that conversion rate you sort of have to accept you understand if you want to utilize their platform go from uk to us then that conversion fee is there what are they really giving 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 give me us dollars instead you have to pay their fees now the fantastic thing about though when you’ve transformed your cash you do not need to invest it right now that dollar value can being in your portfolio as money dollars for as long as you like so that implies the initial day that you purchase or convert your dollars is the only charge that happens now with copy trading and copy portfolios there aren’t any extra costs so that’s truly great using that part of their site will not certainly limit you in any way nevertheless we have to understand two other fees the first being what’s called spread costs fine and i’m going to reveal you what i suggest on now a spread fee as i’m going to show you

on is generally the distinction that is part of the financial investment platform in between the buy rate and the sale price okay it’s their premium on doing both those 2 actions now tesla if you can see on this part of the website right now tesla’s dollar worth 599 per share in tesla that actually means that when you want to sell or purchase as you can see it’s not the cost you’re seeing up here let me reveal you that once again so the current cost of tesla is the value of a share what’s called spread costs 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 benefit from you each time you do a purchaser’s share so keep that in mind obviously it’s more pricey to purchase than it is to sell so they’re going to provide you less back with your sale and you say all right well why does that occur it simply does that is the nature of a lot of platforms out there there’s a distinction between if you’re buying it then you wish to offer it and that is how they make a bit of cash on those spread fees it’s normally extremely small it could be a matter of pens matter of cents in there but that’s one location every investment company will again make a bit cash now the last task is called an

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over night charge now this is really important if you’re actually utilizing cfds yourself also an overnight cost is when you’re not doing that buy offer deal in the very same day alright there’s then an over night charge charged and even if you go from the friday to the monday prior to cruising a weekend charge now this only applies to cfds so if you’re actually buying out the etf the stock the commodity and using time one leverage which means you’re really purchasing the precise asset rather than using utilize anyhow you won’t get hit with these fees but these charges are if you’re utilizing leverage and cfds and after that you’re going to have these fees if you’re not buy selling in the same day so let’s state if you go into the help section this isn’t the over night fees details you can see precisely the breakdown and it’ll inform you what are the charges what are the fees then for when you’re doing over night or you’re doing over weekends which only applies as i stated to cfds there are some additional charges obviously depending on what you are purchasing as well this is on your own so keep that in mind however complete charges are completely within their assistance info all right and we spoke about along with totally free to deposit in but there’s a five dollar charge if you wish to withdraw from anything whether it’s been cfds typical product stock shares whatever there’s that five dollar withdrawal charge now another thing to call it as i have actually said copy trading and copy portfolios are two various ways of really using these copy functions they don’t have any extra charges on top of the normal charges that

exist now what you require to bear in mind though is these possibly managed by other individuals entirely or in some cases have developed portfolios you have actually got a genuine individual doing the management you need to ensure you select the individual that’s right for you similar to any line of work this is your financial properties so we absolutely require to make sure it’s the best person for us before we copy them so the first things i would call it if you do wish to utilize this function we have actually got a number of various choices for us first of all if you’re brand new to investing i want to draw your attention to this within you have the option to invest genuine money or a virtual platform virtual means i think you get yep a hundred thousand dollars to have fun with and it’s not real cash that you’re investing you will not require to put in your credit card information or anything you can essentially have this virtual portfolio imitate as if you are utilizing your own money however actually purchase pretend buy copy people whatever you like if you’re not

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feeling comfy with utilizing your genuine money perhaps this is a terrific choice for you once again to evaluate the theories alright you might wish to buy tesla or apple or this etf why not utilize the virtual option as a method to type of safe play with it certainly you might have lost out on gains and losses during that time naturally if you had actually invested your real cash it enables you to build confidence comprehend the platform so that’s one alternative for you then next week and i’m going to go back to my genuine portfolio here now we’re going to deep dive actually how to copy people and copy portfolios now here’s something to remember prior to you choose somebody that you’re going to copy or a portfolio you’re going to copy make sure you comprehend what your threat profile is now what do i mean by that certainly for me i’m investing long term and they tend to state the longer you’re leaving your financial investments the riskier you can be risk just indicates am i all right with potentially losing an excellent amount of this financial investment or getting as

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well now remember whatever is downs and ups you will make money you’ll lose money that’s why they make the fact 75 people will lose cash but that equally means they’ll lose at some time in their journey obviously people do earn money as well and i’ve got videos all about how you can ensure you’re one of individuals to in fact earn money however in this situation ensure you research your danger level would you be okay offering your money to somebody else which is effectively what you’re doing and trusting them make sure you understand what they’re investing in completely if you’re someone who isn’t wanting to be that dangerous do not select someone who’s completely into crypto or currency conversion think of it you ‘d probably desire a backbone of strong products

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like gold or even oil plus more conventional etfs and index funds you may not want some up-and-coming single stocks in your portfolio do the very same with who you’re following now as i say you can actually utilize this too truly quickly over here you can copy people now it will give you a lot of options and you can use the system to actually search for somebody that you fancy really following so let’s see possibly we want somebody from united kingdom um who invests in let’s see who does etfs they’ve acquired at least 10 yeah that sounds reasonable that sounds a great amount and i can discover everyone who has actually satisfied that requirements and it does provide you a danger aspect too so it tends to be the greater the number the more riskier they are with their stock investing now certainly there are a number of individuals that have quite high returns

bear in mind it’s like anything to do with the news or forecasts of the future this does not mean someone will make 56 for you for the next 12 months they could make 4 or minus 50 there’s no chance to ensure so do keep that in mind and as easy as clicking the copy button and off you go and then you understand ask you to confirm are you all right with this and off you go now another method to in fact deep dive if we click this person for example ruby mza as an example you can actually deep dive into what is she in fact purchasing so let’s enter into portfolio and you can see she’s rather heavy into microsoft mastercard amazon she likes her tech a little bit so that’s great to understand ibm paypal yep she’s definitely like kind of into those blue box and the tech market she’s got a few of mine actually that i purchase too which is excellent so actually for me knowing what i like to invest in 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 chooses she’s also got a little bit more um of the sort of main food business and you’ve got you know pharmaceutical and production business as that. Where Are Binance Servers Located.

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