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28935841 No.28935841 [Reply] [Original]

spoonfeed me why I shouldn't just sign up to etoro and set my account to automatically copy everything a good top trader does instead of spending all day looking at candles

>> No.28935930

>>28935841
That logo looks a lot like a Russian word and it hurts my brain.

>> No.28936557

>>28935930
was it autism?

>> No.28936654

>eToro is an Israeli social trading and multi-asset brokerage company
yikes

>> No.28936669

>>28936557
No, it's just a common grammatical word. But it confuses me a little when I see a word that could be read in both Cyrillic and Latin.

>> No.28936710

>>28935930
>>28936669
what's the russian word?

>> No.28936716

>>28935930
oh fuck i can't unsee it now

>> No.28936730

Because copying other traders is a scam and it usually doesn't even copy all of their trades. Even the best one has a profit margin of like 20% a year and that's nothing compared to what you can make on crypto.
But the system will only copy their bad trades and make you lose money instead of getting that 20%.

>> No.28936935

>>28936710
It's a form of 'this'.

>> No.28937232
File: 846 KB, 320x576, 1563651323184.webm [View same] [iqdb] [saucenao] [google]
28937232

>>28935841
If you that retarded buy s&p 500 or nasdaq or other low index fund.
Also etoro is trash scam

>> No.28937404

>>28937232
>that ending
lol

>> No.28938197

>>28936730
Horseshit. I copied everything from a top trader and these people have 60-80% per year.

>> No.28938282

>>28936730
In this market, there are index funds that have made 50%+ return since last year. It's definitely possible. It's going to massively correct itself soon though.

>> No.28938361

because fees moron

>> No.28938761

>>28935841
It depends on how much capital you have, and how much you make as a trader.
Actually you could just put everything on an etf tracking S&P and make better performances than most top traders.
>muuuh diversification!
yea, shut up

>> No.28939271

>he thinks he can cash out his gains out of this scammy pajeet exchange

>> No.28939676
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28939676

Been copying for a few days, it's not much but alright. Mind that it takes a while for you to "sync up" to the trader because you won't be in the same situation he was in when he opened his current trades. Check their portfolio and do some research or you can get easily burned, by stuff like GME stocks or that weed garbage that dropped 300% recently. It's probably best to use the virtual account first.

>> No.28939805

>>28939676
check bees84 out, hes decent and does crypto

>> No.28940634

>>28939805
I'm doing crypto myself and it's too volatile so I'd rather not. Some guys I copy have positions in BT, might close those though. On the other hand BT isn't really that exciting so idk

>> No.28940676

>>28937232
yt ppl are so dumb

>> No.28940838

Is binance better than this piece of crap >>28935841 ?
Also I was told that binance is non-kyc, is this true? Can you purchase crypto with fiat there without ID?

>> No.28940847

>>28935930
it's israeli

>> No.28940919

>>28940838
binance US is very KYC, more-so than coinbase

>> No.28941001

>>28940919
For fucks sake I just want to buy some ether without getting tracked at every step, is it too much to ask?

>> No.28941007

>>28940838
Gtfo retard. Newfags are worse than fucking jeets

>> No.28941034

spreads on eToro are insane, mainly in crypto

>> No.28941104

>>28940838
yes and no

>> No.28942414

>>28941001
yes

>> No.28942978

>>28935841
The OutSmartNSDQ stuff is dope.

>> No.28943033

>>28939676
check this> >>28942978

>> No.28943391

What about copyportfolios? Anyone tried those?

>> No.28943532

>>28943391
I tried it all, everything is pretty sound, spread can be big on cryptos though. The best Ive seen is the OutSmartNSDQ stuff, an AI managed portfolio of Nasdaq stocks, check its returns it's fucking great. Im on since january and it did amazing.

>> No.28943940

>>28943391
ShoppingCart and InTheGame are alright. RenewableEnergy keeps going up and down. Worst loss: OutSmartNSDQ, those retards have Tilray stock and the portfolio is balanced quarterly. If you get in at the wrong moment you could see hefty losses. InTheGame had GME but the maintainers were rational enough to close when things got too hot.

>> No.28944084
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28944084

eToro has huge spread in addition to fees. Fuck 'em.

>> No.28944533

>>28943940
>those retards have Tilray stock and the portfolio is balanced quarterly.
Im on OutSmart since January and up 75% on Tilray.

>> No.28945126

>>28944084
While true that they have higher spreads (there is only 1 broker), they have no slippage for copytrading.

>>28944533
>Im on OutSmart since January and up 75% on Tilray.
Because you rode up the hype but IMO Tilray is gambling tier and shouldn't be in such a portfolio.