Best Traders To Follow On Etoro – EToro is probably the best place right now to invest money without any trading experience and background. really! eToro has created a system, called Copy People, that allows new users of their platform to copy portfolios of experienced traders and earn easily. First, if you are not familiar with the eToro trading platform:
In 2018, the company was valued at $800 million. You can trade and invest in cryptocurrencies, stocks, ETFs, currencies, indices and commodities or copy top investors on
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EToro offers $100,000 FREE DEMO account to their new users to explore the trading platform without any risks. You can open your account for free here.
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You can read about my first insights on eToro social trading platform here: My experience with eToro social trading platform.
As I said before, this is a unique opportunity to make money in stock trading without any previous experience. My first question was – how can it be profitable, if everyone on the platform is making money? Then I looked for an answer to this question and found out that eToro makes money on margins, fees and commissions. But the good news is that trading stocks on eToro is completely fee-free. If you choose to copy people whose portfolio consists only of shares, then you will not have to pay commissions. The only fee you will have to pay will be a withdrawal fee – $5 per withdrawal.
There are thousands of people that can be copied on eToro and you will definitely need some guide to choose the right ones for yourself. Of course, you can go with the most copied traders and rest assured that you will get some nice returns on your investments.
Guess what! There is no right answer to this question! You’ll need to come up with your own formula, but here are some tips on what to look for when looking for people to copy:
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The longer the trader is on the platform, the better. You can see all his past performance in his profile.
In my opinion, trading stocks is the safest route, so I avoid copying traders whose portfolios contain more than 10% of cryptocurrencies.
More profits in almost all cases means more risk, so you will have to decide if you are willing to take more risk and get more profits or play it safe and get less profit but better nights sleep. For example, my goal is to get a 50% annual return on my investments, so I’m looking to copy people whose return last year was at least 50% (if their profit is over 50% in the last two years, then that’s even better).
Of course, each of the copyable people started with 0 copiers, but that’s a great indicator of their performance. There are 4 levels of popular investors and if they want to reach the next level, they need stable performance over long periods of time.
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Also, popular investors get paid for their work, which is a nice addition to their earnings with trading portfolios. This fact made me sure that the eToro Copy People feature is not a scam and is profitable for everyone – eToro, popular investors and you!
When searching for popular investors, you will see their maximum risk score number. The risk score shows the risk the investor is taking, and is calculated using a special formula developed by eToro. The score is calculated for each user from 1 to 10, where 1 is the lowest possible risk, and 10 is the highest possible risk. Popular investors can only reach the risk score of 6. This will save you investors who do stupid things, like investing all their money in one stock.
There are some popular MEGA investors on eToro who have honed their trading skills over many years and are therefore copied by thousands of eToro users.
Jaffe Kirk Bond has averaged more than 30% annual return since 2013. If you had copied it back then for $1,000, you’d have more than $7,500 today.
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Jeppe analyzes trends in global markets, politics, technology and society and performs thorough valuations, while investing in companies that are valued at significantly more than their price. Jeppe manages total portfolio risk through diversification and hedging. He generally avoids leverage, short positions and high-fee instruments to minimize fees. He relies on a strong personal network, two assistants and expensive subscriptions to data and IT tools to stay ahead.
His background is in strategic consulting, advising some of the largest banks and technology companies in the world. His education is M.Sc. in Finance and Strategic Management from the Copenhagen Business School.
How can you copy Jaffe? Go to the eToro website www.etoro.com, register your free account and search for “jeppekirkbonde” in the search bar. Remember to check ‘Copy open transactions’. Minimum per copy is $300. The largest copiers cost more than $100,000. Consider making it a habit to steadily invest a portion of your income.
Heloise Griff is a popular investor from the UK. Its investments are made only in stocks, meaning you will pay zero commissions to eToro.
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Its investment strategy focuses mainly on US indices, technology and pharma, and guarantees future growth (5-10 years). Heloise’s trades are based on technical analysis using machine learning to understand patterns and trends in the markets. She prefers to maintain a diversified portfolio to spread risks while achieving Excellent returns. Investments are made for the long term (> 5 years)
Heloise Griff is from Cape Town, South Africa, but now lives in the UK. After specializing in machine learning and completing her MBA at Oxford University, she joined social trading to combine her interests in financial markets and technical analysis.
It maintains a low risk score (3/4). There is no day trading, so you will have to be patient if you want to see constant growth of your trading account.
How can you copy Heloise? Go to the eToro website www.etoro.com, register your free account and search for “rubymza” in the search bar. Remember to check ‘Copy open transactions’. Copy with at least $1000 for 2+ years. Less than this may result in some transactions not being executed.
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Mariano is a long-term investor who trades mainly in technology, consumer goods, services, financials and services. He uses self-made software to obtain and classify large amounts of data from any company, its competitors, its industries and the markets in general. It then applies data analysis and machine learning to obtain the intrinsic value of each company and project its growth rate. Pardo combines this information with fundamental and quantitative analysis to make smart trading decisions. Using this strategy, he has closed the last 6 years on eToro in profit, during which time he has outperformed the S&P-500 and NASDAQ-100 indices.
How can you copy Mariano? Go to the eToro website www.etoro.com, register your free account and search for “marianopardo” in the search bar. Remember to check ‘Copy open transactions’. Copy with a minimum of $500 for best results.
I have been looking for ways to make money online since 2012. And it has become my passion! I tried so many ways, including forex trading, sports trading, dropshipping, P2P investing, MLM, different systems and services, but I stuck to affiliate marketing. I really like the fact that affiliate marketing allows me to teach others and earn extra money for myself.
Passionate internet marketing enthusiast who has tried to make money online in every possible way including forex trading, sports trading, dropshipping, P2P investments, MLM, systems and services. There is no doubt that trading can be in the hands of a professional and a very profitable venture. With leverage, you can earn a lot Money from a small capital. But trading has an inherent risk and you can lose a lot of money as well. It can be quite challenging, especially for beginner traders, to make significant profits.
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But here is good news. Etoro allows anyone to trade like a seasoned trader, thanks to their award-winning Copy Trader technology. Whether you are a beginner or don’t have enough time to trade, you can automatically copy and replicate the trades of successful traders into your portfolio.
If you’re looking to improve your trading results, you can connect, share and learn from millions of other traders. The platform displays risk scores, portfolios and statistics, and allows you to chat and discuss advantages and strategies with seasoned traders and benefit from their knowledge. Whether you want to copy crypto or forex transactions, you get everything you need.
Finding the best copycat dealers is time consuming. Fortunately, we’ve done all the work to make the process easier.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
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Blue Screen Media ApS is controlled by Christian Jain, a Danish investor who boasts over 15 years of online trading and marketing. Kristan is a lover of numbers and games. This love is reflected in his achievement as a former elite chess player and four-time Danish scramble champion.
He focuses on finding