read.cash Log in
@onlymythoughts

Opened an etoro account this week, cfds, stocks and crypto, its quite good fun, a social network for traders. They have a copy trade feature where you can replicate the trades of the best performing traders. I am not sure if copy trading is a good idea to be honest, I believe in my own strategy. No leverage, no shorting, a diverse portfolio and not over trading. After 2 months if your performance is good you can be eligible to have your own trades copied and earn some comission. Thats a big incentive to be a succesful trader, mind you the stats say that 68% of investors who use this platform lose money. I think that is because they take big risks and use too much leverage, it is a tough job to predict the market! I am down nearly 4% after 2 days anyway, a good start! 🤣🤣

1 comment

Log in to join in Reading is open to everyone. Replying needs an account.