the consensus is in terms of our analysts saying to purchase to hold to sell the stock all the scores where it’s originated from Etoro Trading Knowledge Assessment Answers 2020…
so i think there’s a great deal of interest about i do get a great deal of questions asking me about the platform so i thought i would do a fast video simply taking you through the benefits and drawbacks the important things that i believe are great about the platform and the things i think are bad about the platform and after that you can make a decision on whether or not you want to try let’s jump directly in so the first huge pro for me is the truth that they have expert rankings and research i absolutely like this it’s got a whole page for each of the stocks simply telling you what analysts are doing and stating about the stock so you can see here for example on johnson and johnson what it looks like it offers you the rate targets that they believe it
will reach um what so you can see here like citigroup morgan stanley um the hedge fund activities where the hedge funds are purchasing or selling and the expert deals as well so it simply reveals you whether insiders have actually bought the shares um over the last couple of months or not i think this is definitely terrific and shown in a really simple format so for me this is a big plus for the platform a 2nd substantial plus for me is the fact that your currency is held in u.s dollars so i guess this is subjective however i believe this decreases your foreign exchange risk so in theory you might just top up a bigger amount when the currency remains in your favor and just hold the cash waiting to invest it for a lot of the platforms you have to pay the fx fees every time that you make a deal whereas here that does not happen you just pay the fx charge
What is social trading?
when you top up and when you withdraw and convert back to your own currency this clearly works best if you invest a lot into u.s stocks the 3rd huge pro of the platform in my opinion is that it provides you access not simply to stocks however also to commodities and cryptocurrency obviously this isn’t truly something that novices need to dabble in but it does have that option for those of you who have an interest in products and cryptocurrency the next pro in my opinion is the social element of the platform so you can literally enter and talk to people discuss post see what individuals are publishing about each individual stock almost have like conversations about it and you can really look at people’s portfolios so you can go into anybody’s profile click their portfolio and see what they are purchasing consisting of the popular traders you can see the earnings they’ve made and everything it is really transparent and i think it’s actually great due to the fact that you frequently get like notices saying thus many people are speaking about tesla today like see all the posts
here and it’s actually cool simply to see what individuals are believing the next pro of the platform is in my opinion the copy portfolios so they have two alternatives i think i’ve discussed before you can either copy specific individuals or you can copy their portfolios and by their portfolios i mean’s portfolios so as an example i’ve spoken about this prior to but they have a renewable resource portfolio which just holds loads of renewable energy stocks it’s sort of like an etf in my opinion um it’s actually cool and i believe it’s a huge plus of the platform since they have actually got loads of different styles of these portfolios um that you can pick from so that’s a huge plus for me the final pro from my viewpoint is it’s simply got a truly great layout control panel and the method it’s set up so unlike the other platforms that i use at the moment they have a truly truly good desktop variation it looks actually clean easy to use i didn’t truly have any problems with figuring out what to do i like that for each stock you can go in and see everything in one location you know you can click
on the chart you can click the research you can click on the news and it will simply inform you all the news about that particular stock it’s actually cool and also your portfolio simply looks tidy and really great and really has a great deal of data on the primary portfolio page which i really like now for the cons i believe there are three primary cons in terms of in my opinion plainly they’re not ones that have put me off utilizing the platform um you know i have actually done portfolio updates i use them myself however ones to be familiar with the first one i think it is a little bit too simple to trade cfds so since the cfd platform and the typical trading platform are integrated into one it makes it quite simple for individuals to trade cfds now they do put
warnings in place and it’s not like you can just click a button and mistakenly open a cfd which is really excellent which’s practically one of the main reasons that i do utilize them so it’s not actually something to stress over unintentionally doing but i normally believe that a great deal of the platforms that offer cfds ought to make it even harder to open cfds for retail investors i know many individuals who’ve lost rather a lot of money um not on in fact but still trading cfds so i think normally there must most likely be a little bit more it’s going to state guideline however just generally a little more like a few more
hoops to leap through if you will um to open a cfd trade second of all the costs so this is something that turns up a lot when i discuss is individuals complaining about the fees now yes whilst you may compare to specific platforms that have lower costs there are likewise loads of platforms that have much higher fees so swings and roundabouts really it all depends upon the big picture um they have a 5 dollar withdrawal charge is that actually that much possibly if you’re constantly withdrawing l.
How to trade crypto in 2022 – 2023
ike 20 50 100 pounds yes maybe that’s a lot but if you’re investing long term and you’re only going to be getting like a thousand pounds at a time then does it really matter probably not so just weigh that up um when you when you take a look at it there’s a couple of other fees on their cost page but generally the actual investing into stocks is commission free so once you have actually topped up you can do as many transactions as you want in terms of buying underlying assets without paying extra costs and lastly the last con from me is the portfolio history so i discover it a little bit challenging to find out sort of what i have actually invested where i need to go into each private stock simply to see when i’ve invested into it and just how much rather than seeing that on my portfolio history the only thing that i can see on the history is the top-ups an.
the copy trading um so i ‘d truly like to see all of the investments if possible and likewise i have actually still not really figured out the dividends and how that appears so that potentially resembles a little bit of a 50 50 for me not quite sure yet to view this area that’s basically it if you have an interest in giving them a go i do have a recommendation link down listed below that you can use and you do not even have to top up you can simply use the virtual portfolio at first just to see what you believe discover the platform and then decide on whether you want to utilize it or not so i ‘d like to know your thoughts if you do try it out what you think of it and yeah that’s basically it for th.