
This course is going to teach you how to find the best traders on eToro and how to analyze their performance, portfolio and past trades. It doesn't take a lot of effort to do, but you simply must know the right tools. Not only am I going to teach you how you can do this yourself, but I am also going to give you real examples of picking a trader.
Warren Buffet says “Tell me who your heroes are and I’ll tell you who you’ll turn out to be.” Well I say, "Tell me which traders you copy, and I'll tell you how successful you'll turn out to be".
We take a look at the virtual portfolio where you can test trade strategies without worrying about losing money.
We learn about the conservatism bias which can prevent us from changing bad decisions into good ones
We learn about the endowment effect which can make us think that somehow our trades are special.
We learn about the confirmation bias which is when we look for information that confirms our opinion and we ignore potential useful information against.
Learn about CFDs on eToro : leverage, spread, fees and more.
Link to fees on eToro: https://www.etoro.com/customer-service/market-hours-fees/
Learn what's involved in opening a CFD trade on eToro.
We learn about how to tweak our search filters in order to find the traders we want.
Learn how to further sort and filter traders.
We start taking a look at a trader's profile. First stop, their feed and their trading stats.
We learn about the open positions as well as the trade history of a trader.
We look at the trader's history on a chart and we learn how to compare with other traders.
We learn how to copy a trader
We analyse the profile of crypto trader jaynemesis and we find out about his trading strategy.
We analyse the profile of stock trader liborvasa and we find out about his trading strategy.
eToro is the world’s leading social trading network, with millions of registered users from all over the world.
If you are looking to open up your first online trading account, take a look at eToro. You can trade all sorts of assets like stocks, commodities, cryptos and forex. The best part is that you can copy people's trades. That's right, there are people on eToro who have studied the markets for years and you can simply copy them, sit back, relax and watch your investment grow.
In this course you will learn how to find those people.
You don't need to learn technical analysis or look through a company's earnings report.
You will learn how to analyze a trader's performance by using freely available information.
No-nonsense approach to investing in people.