One of the most critical steps in social trading is to find professional traders who can be copied。If you joinedeToro - one of the best platforms for social trading,Here's how to find a trader10 Methods。

Social trading is a strict trading strategy often recommended to novice traders。The strategy basically allows you to link your portfolio to other traders。It's as simple as copying an experienced trader's entire portfolio and applying it to your own trades.。The amount of profit will be calculated based on the amount you decide to put into the transaction.。Many brokers offer this service, including eToro brokers。

This strategy is particularly helpful for traders with limited knowledge and experience in the field。It not only allows you to make a profit in the easiest way, but also gives you the opportunity to keep up with market trends without having to keep looking for screens。

eToro is known as a trading platform for beginner habits, which has gathered more than 4.5 million reliable and experienced investors for you to copy。You can use the various features provided by the platform to browse, discuss, and learn moreSocial transactions。Not only that, the platform also supports social trading, allowing you to connect with other traders from all over the world。

Since you are copying and using someone else's strategy, this means that your trading success depends on the portfolio you choose。The basic principle is, if they win, you win。If they win, you lose. Therefore, the most critical part of social trading is finding the most profitable trader for your portfolio。

This can indeed be a very pressing choice because there are many traders who can and there are many factors to consider。But don't worry, this article will show you how to distinguish the realTraders who are worth copying and those who are just short-term lucky。

1.Risk starts with management.

All successful trading stems from rigorous risk management。In social trading, the biggest risk of losing money comes from building a bad portfolio。Trading can be highly unpredictable, especially if you're using a volatile asset such as a currency。But in this case, you can minimize the risk by diversifying your portfolio, then selecting several traders and using several assets at the same time。

Simply put, if you trade with a variety of strategies and assets, then you can reduce the likelihood of loss。Even if you lose on one of the add-on trades, you can still rely on the rest of your portfolio to save your overall performance and expand your profits。

It's always better not to put all your eggs in one basket。This way, you can better manage risk and even if you lose some deals, you can still make money。So narrow down the options for hot investors to those who are themselves confident in their portfolios。

Or, you caneToro traders select several traders who trade different assets such as commodities, stocks and ETFs。After all, diversifying your portfolio should be your priority, and even because of the small number of select investors can have a huge impact on your trading。

2.View trader profiles and statistics

Now that you can narrow down your choices, it's important to see each trader's profile。Unlike other trading platforms, eToro actually offersA complete public profile showing the trader's real name, display pictures and other important statistics related to their trading experience。However, it does not display any sensitive information such as account balances and personal details。

So before you decide to copy someone, be sure to check their personal data and statistics properly。You need to consider some of the following:

Time on the platform -In order to minimize risk, it is best to avoid new accounts。This means that the trader's true skills have not been proven。

Number of Replicators - If the number of replicators is huge, then this could be a good sign。It does not guarantee 100% security.。

Personal Portfolio - Is it diversified or specialized？See if their portfolio meets your criteria。

Risk level -On the platform, eToro provides a function called Risk Score, which shows the risk level of each trader。Traders with increased risk scores (6 +) should be avoided unless you are very confident in your trader。

Statistics - Avoid traders with red open trades。

Information flow activities - Some professional traders may just be showing off their skills when in reality they are just lucky。By looking at how actively they share valuable opinions and how involved they are in discussion forums, you can tell if the trader really knows what he is doing。

3.Some numbers are“too good to be true”

When you look at statistics in a trader's personal data, you can have extremely alarming trigger rates。While it may seem appealing at first, it's actually unrealistic。Be careful with these numbers, because if it sounds too good to be true, then it is likely to be fake。

Keep in mind that no perfect strategy trading has100% accuracy。In almost all investments, occasional losses are common and the most important。

Even one of the world's greatest entrepreneurs, GeorgeSoros, also admitted that he made a lot of bad decisions in his career。Therefore, trading is never fully divested with losses, even for the best trades that's why, you should pay more attention to the trader's strategy and the effect of their long-term profitability, rather than focusing on the staggering numbers on the trader's personal data。

4.View“Edit Selection”

The choice to edit iseToro offers the best features。In this section, you can see the most popular investors worth seeing every week by one of eToro's own trading experts。Every popular investor has a simple profile with a summary of their strategy and trading experience。This feature is a great way to select the best investors who are currently highly rated and widely discussed on the platform。

From the list, you can add these popular investors to your watch list directly with one click, or you can directly ask them questions and talk to them through their information stream。The Edit option is especially useful if you are new to the platform and want quick and reliable recommendations。

5.Pay attention to new accounts

As we mentioned earlier, there are risks with new accounts。If their personal data is still new, it's hard to say if traders can be trusted。Many popular investors suggest that you copy only those data on the eToro trading platform at least a fewThe Millennium Campaign。According to them, half a year will be the shortest appropriate time for a person to be able to sustain success rather than luck.。

In trading, there may be lucky situations, or finding some kind of market condition that allows them to easily trigger。However, this does not guarantee that they will have the same success in the future.。So, if you want to avoid being fooled by these lucky people, it's best to avoid copying new accounts。

6.Replicators who have successfully copied

This is another good strategy。在在On eToro, you can copy not only traders, but also other replicators。The advantage of this method is that you can quickly understand which traders are trustworthy because the people you copy have already used these traders in their portfolios。

But be careful, too, because, just like traders, replicators can also be just lucky。So, make sure you do enough research on the choice of replicators, especially their trading strategies。

7.Use of social media

在在On eToro, you can use the social media function, which is a trading community that allows you to learn more about the details of various traders。You can directly participate in discussions, ask questions of others, and even seek advice on the platform。

Social media features are especially useful for understanding which traders are popular and understanding their strategies。By communicating, you can alsoYesFind out if they really know what they're doing or if they're just lucky。

8. Replicating an already stable portfolio

Copying an already stable portfolio is also an effective way to。A stable portfolio tends to be consistently profitable over the long term。This is a conservative approach, but it may be the safest for novices。

9. View the history of traders

Viewing a trader's history is an important aspect of understanding their investment strategy and success。Some traders may just be lucky in the short term and not have a long track record of success。So, when choosing to replicate traders, it's important to look at their trading history。

10. Finally, trust your intuition

While research and analysis are key to finding the best trader, in the end, you should trust your intuition。If you have doubts about a trader, don't copy them。After all, your money is yours, and you need to make sure you're comfortable deciding who to copy。

Finally, while social trading is a strategy that can help you simplify the trading process, you still need to be accountable for your decisions。So you should always do enough research and make sure your choices are based on information and analysis, not just luck or emotion.。

结论

If you want to try copying transactions likeSocial trading platforms like eToro may be the best choice。It provides all the basic functions needed to copy transactions, even those who have just started trading can easily follow。

Founded in early 2007, eToro's mission is to enable transactions by anyone, anywhere, and to reduce reliance on traditional financial institutions.。The company has headquarters in the UK, Cyprus, USA and Australia。

eToro (Europe) Limited, as a financial services company, is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number # 109 / 10。Meanwhile, eToro (UK) Limited is licensed and regulated by the Financial Conduct Authority (FCA) under license number FRN 583263.。

As foreToro AUS Capital Pty Ltd, whose legal status is confirmed by the Australian Securities and Investments Commission (ASIC), can provide financial services under Australian Financial Services License 491139。

eToro is a 4-digit broker offering 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 most recent was the launch of CopyPortfolio in 2017, powered by machine learning AI.。In addition to developing CopyPortfolio, the company also integrated Microsoft's machine learning technology into Momentum DD.。

This newThe CopyPortfolio investment strategy uses artificial intelligence to find the most stable traders who are most likely to generate double-digit returns and pool traders into a fully managed portfolio.。eToro has hundreds of tradable financial assets spread across several categories, including stocks, commodities, crypto assets, currencies, indices, and ETFs。Each asset class has its own characteristics and can be traded using a variety of investment strategies。

Some positions on eToro involve ownership of underlying assets, such as positions in non-leveraged stocks and cryptocurrencies。Using CFDs will enable various options such as leveraged trading, short-term (sell) positions, partial ownership, etc.。For example, a trader can invest only $100 in gold, even if the cost of a unit of gold is $1,000.。Some of the most popular CFD commodities on eToro include gold, oil, gas, silver and platinum。

在在On eToro, currency is only traded in the form of CFDs。In addition,CFDs make it possible to sell short (short-term) positions and leverage trading, even in assets that do not offer this option in traditional trading。Some popular currencies include EUR / USD, GBP / USD, AUD / USD, USD / JPY and USD / CAD。

In addition, exchange-traded funds (ETF) is a financial instrument that contains multiple assets and is intended as a tradable fund。After opening an account with eToro, traders can invest only $250 in an ETF that costs $500。Some popular ETFs on eToro include SPY, VXXB, TLT and HMMJ。

However,eToro also uses CFD trading to provide additional functionality。All leveraged ETF positions in the UK are subject to the FCA。Meanwhile, all CFD positions executed by eToro Australia are subject to ASIC regulations.。

The company has other advantages.。of all tradable financial assets,eToro does not charge any deposit or transaction fees other than spreads。

eToro charges $25 withdrawal fee with a minimum withdrawal amount of $50。long-term (buy), non-leveraged cryptocurrencies, stocks andETF positions are not executed as CFDs and no fees are charged。eToro does charge overnight or weekend fees for CFD positions, such as leveraged positions and short (sell) orders。

Fee updates always apply to open positions。Fees are subject to change at any time and may change daily without prior notice, depending on market conditions。

As a junior trader, you can useCopyTrading by eToro。Unlike the features of other brokers, traders can copy the strategies of professional traders for free or without sharing profits。因此 ，100% of the profit goes entirely to the trader。For example, when Trader A, copied by Trader B, generates a 10% profit this month, Trader B will also earn a 10% profit.。

The company is the world's leading social trading network.。因为eToro operates in a completely transparent environment, and every trader has valuable information on their eToro personal data, so other traders interested in copying them can get help when creating their best portfolio。

The other onlyeToro's unique feature is personalized social news。Just like on any social media, traders can post their updates on the active, comment on other people's posts, and gradually create a body that suits the trader's trading and investment interests。On eToro's social trading platform, traders are also notified when traders write new posts and other important updates。

While you profit from trading, you can also learn from professional traders with a variety of backgrounds and expertise。After all, this is why copy trading is best for beginners。But remember, establish a balanceA portfolio of beliefs is the key to successful long-term earnings replication trading.。In order to achieve this, you should choose the best traders so that you can minimize the loss of risk。This is not an easy step, but a copy of the most important part of the transaction。