How to Become a Successful Investor on eToro
One of the best features offered by eToro is the popular investor program, a paid program that allows eToro users to automatically copy the trades and strategies of successful investors on the platform.。Whenever someone copies a professional investor, the copied person will be rewarded。
Popular investor programs are a great way to build a new business and earn extra income。This article will show you how to becomeSuccessful investors on eToro。
eToro is arguably the world's leading social and replication trading platform。The platform is designed to connect novice and professional traders, build a large trading community and create a win-win situation for both parties。
One of the best features offered by eToro is the popular investor program, a paid program that allows eToro users to automatically copy the trades and strategies of successful investors on the platform.。Whenever someone copies a professional investor, the copied person will be rewarded。The program can set investors apart, raise their profile, and give them the opportunity to build new businesses and earn additional income.。
在在On eToro, some popular investors have managed to earn substantial income through the program while also profiting from actual trading.。For example, a person namedTrader in Jaynemesis shares his experience of how to become a successful trader。
By joiningeToro and its popular investor program, investors can gain momentum to build better strategies and get more replicators。
Founded in early 2007, eToro's mission is to make transactions available to anyone, anywhere, and to reduce reliance on traditional financial institutions.。The company has headquarters in the UK, Cyprus, USA and Australia。
eToro (Europe) Limited is a financial services company authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number # 109 / 10.。Meanwhile, eToro (UK) Limited is regulated and regulated by the Financial Conduct Authority (FCA) under license number FRN 583263.。
As foreToro AUS Capital Pty Ltd, whose legal status is recognised by the Australian Securities and Investments Commission (ASIC), provides financial services under Australian Financial Services Licence 491139。
As a belonging4-digit broker, eToro offers both short-term options for day traders and long-term options for investors, such as their innovative CopyPortfoliosTM, a fully managed thematic portfolio。
自Since 2007, eToro has been at the forefront of the fintech revolution.。The latest is CopyPortfolio, which was launched in 2017 and is powered by machine learning Al。In addition to developing CopyPortfolio, the company also integrated Microsoft's machine learning technology into Momentum DD.。
NewThe CopyPortfolio investment strategy uses artificial intelligence to find the most stable traders who are most likely to earn double-digit returns and bundles traders into a fully managed portfolio.。eToro has hundreds of financial assets available for trading, including stocks, commodities, crypto assets, currencies, indices and ETFs。Each asset class has its own characteristics and can be traded using multiple investment strategies。
Certain positions on eToro involve ownership of underlying assets, such as non-leveraged positions in equities and crypto assets。Using contracts for difference (CFD) will make various options possible, such as leveraged trading, short (sell) positions, fractional ownership, etc.。For example, a trader can invest in gold at a minimum amount of $100, even if the price of a single unit of gold is $1,000.。eToro's most popular CFD commodities include gold, oil, gas, silver and platinum。
Currency can only be used asCFD Trading on eToro。In addition, CFD allows for short selling (short) positions and leveraged trading, even for assets that do not offer this option in traditional trading.。Some popular currency pairs include EUR / USD, GBP / USD, AUD / USD, USD / JPY, and USD / CAD。
In addition, exchange-traded funds (ETF) is a financial instrument consisting of several assets, used as a tradable fund。After opening an eToro account, traders can invest at least $250 in an ETF that sells for $500.。Some popular ETFs on eToro include SPY, VXXB, TLT and HMMJ。
However,eToro also provides additional functionality through the use of CFD trading。All leveraged ETF positions in the UK are regulated by the FCA。Meanwhile, all CFD positions executed by eToro Australia are regulated by ASIC.。
The company also has other advantages。of all tradable financial assets,eToro does not charge any deposit or transaction fees other than spreads。
eToro charges $25 for withdrawals, with a minimum withdrawal amount of $50。holdings of cryptocurrencies, stocks andETF non-leveraged long positions are not executed as CFD and no fees are charged。eToro charges overnight or weekend fees for CFD positions, such as leveraged positions and short (sell) orders。
Update of fees always applies to open positions。Fees are subject to change at any time and may change on a daily basis based on market conditions without prior notice。
As a beginner, traders can useeToro's Copy Trading Features。Unlike the features of other brokers, traders can copy the strategies of professional traders for free without splitting into profits。因此 ,100% of the profit goes entirely to the trader。For example, when Trader A, copied by Trader B, generates 10% profit this month, Trader B also earns 10% profit。
The company is the world's leading social trading network.。因为eToro operates in complete transparency, and each trader has valuable information in their eToro profile, so it is helpful for other traders who are interested in copying their trades when creating their best portfolio。
Another unique feature of eToro is personalized social news subscriptions。Just like on any social media, traders can post their own updates in a subscription, comment on other people's posts, and gradually create a subscription that suits a trader's trading and investing interests.。在在On the eToro social trading platform, traders will also be notified when there are new posts and other important updates from traders。
Based on the total equity copied and followed by the trader (called assets under management), the trader will be rewarded。Depending on the number of asset ranges under management, investors areThere are several levels on eToro, including Cadet (novice), Champion (champion), Elite (elite) and Elite Pro (top elite)。The higher the level, the greater the reward。If you believe you have an effective strategy and a balanced portfolio that is statistically profitable, you have the qualities you need to be a popular investor。
However, with the growing number of popular investors, it is becoming increasingly difficult to get to the top and get more traders to copy you。Increasing your assets under management and convincing your audience can be a challenging task without knowing how to become a good popular investor and build an engaging profile。Here's how to becomeSome tips for successful investors in eToro。
1. Interact with Audience
One of the easiest ways to convince potential replicators is to communicate with them。Let the audience know what makes you good as a trader and how profitable your strategy is。You can create a dedicated website or forum where you can share your experiences and discuss your trading strategies。By constantly communicating with other traders, they will know more about you, just as you know about them。
They may become more interested in you and believe you after seeing more than the statistics on your profile。If you want to improve the effect, you can also register aseToro's partners, you can get extra income whenever someone opens an account through your website。
2. Building a professional image
The next important thing isBuild a professional profile on eToro。When people hear about you, they're most likely to look at your profile first, so make sure you show your best side to get their attention。If you're just starting out, you don't need to show impressive years of trading history, or even manipulate profitability just to get more potential replicators。It is more important to show that you really know what you are doing and that your earning journey is stable。
You can write a concise personal profile outlining your strategy, goals, and advice to followers, such as the minimum copy amount to be profitable and whether they should copy open trades。In addition, it is better to take a decent photo as your profile photo, which can convince people more。
3. Expand your offline network
In addition to managing your online profile, you can also make yourself known offline。You may have friends and family who ask you about financial issues and ask you for trading advice。You can tell them about the platform and what you have joinedThe case for eToro's popular investor program。Since they already know you in real life and understand your success as an investor, it will be easier to convince them。After hearing about the copy deal, they may want to try it on their own and become your regular replicator。
4. Become part of the community
eToro provides a great platform for traders to interact with each other。If you check eToro's news feed, you will find many interesting discussions about financial assets and the sharing of ideas and knowledge about trading。In this case, it is very important that you actively participate in the discussion and make sure that other members participating in the eToro social trading platform hear your voice。Therefore, you must actively participate in the discussion, share your ideas and experiences。
You can also post weekly updates in your subscription, answer some questions from followers, explain how your strategy works, and leave comments on other traders' posts。In addition to talking to potential replicators, you should also connect with other popular investors and join the community, especially those from your own country。Building friendships with your popular investor friends will help you build a reputation on the platform and exchange key information。
5. Publish an informative post
Knowing that your profile will be the first thing people see, you must make sure to make a good first impression by posting a welcome message in your subscription。In order to do this, you should write a message and put it on top of your profile so that the post always appears at the top。Write something in the message about yourself and your best qualities, such as your strategy and experience。You can also attach some photos to increase your attention。You can edit this post at any time to keep it updated over time。
6. Publish your goals
Another way to convince other traders is to show them your goals。How to achieve this?Naturally, every trader wants to replicate one that is consistently profitable and helps them inExpert in building excellent, profitable portfolios on eToro。But, in this case, they can't tell exactly how good a popular investor is until they copy the deal themselves.。Simply promising that your strategy will work and bring them big profits is often not enough。Therefore, you should set a realistic expectation to prove the value of your strategy by sharing your goals and showing how to achieve them。
7. Using Social Media
Copy trading is part of social trading, so to speak。Therefore, to be successful, you should be actively involved in social activities。In addition to gaining an audience on the trading platform and convincing friends and family to startIn addition to copy trading on eToro, you can also take advantage of various social media platforms。
Through these channels, you can let your followers know you better。You are free to express yourself, perhaps even in combination with other areas of expertise。In doing so, there is a good chance that you will be able to connect with a wider audience and perhaps even persuade those who are not yet interested in a deal to join。
You can post to show you inPhotos of your trading journey on eToro, or share your personal trading experiences that have brought you to your current location。Don't forget to use tags so people can easily find your content。
Most importantly, the many advantages of popular investor programs have causedExtensive attention from eToro broker users。So it becomes more difficult to be a well-known popular investor without proper preparation。Based on the above instructions, we can see that the more assets under management (AUM) you get, the higher your level or level。However, focusing your attention on getting more replicators should not be the top priority of your to-do list。
More importantly, build an excellent trading strategy and continue to make profits.。Once you reach that goal, you can start convincing people that you can help them achieve their goals with your strategy。
Therefore, if you are still struggling in your own trading and making money on your own, it is better to solve this problem first, because successful popular investors need to have a professional profile and portfolio。After all, the money you get from the program is just an added bonus to your overall trading results。Think of it as a reward for trading success。
Finally, it's not easy to convince others to believe you and take the risk of copying your strategy。It takes time and patience。But don't worry, as long as you stay consistent and actively participate in the community, you will see your progress in a short time。
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