Make money with etoro. Making money with Forex trading has always interested me but this is first time we have opportunity to make money with eToro WITHOUT actually becoming traders.

Make money with etoro

Etoro Withdrawal Proof Review

Make money with etoro. First, discover the truth about the commonplaces on how to make money on eToro. Then, get the real strategy you can use to do it professionally. Learn More!

Make money with etoro


Because I see the copy investor functionality as the highlight of the platform, I want to elaborate more on how to find a successful trader to copy! Keep reading, if you are interested in eToro and want to learn how to earn passive income by copying successful traders. In case you are new to eToro , make sure you have read my previous blog posts:. You can just register with my link and try it out for yourself.

They offer a demo account, so you can play around and get familiar with the platform — completely for free! In the top bar you have multiple selection options to find the right person:.

The next important step is to adjust the filter and search results in a way, you see the successful people you are looking for. Usually the active filters are not really helpful for me. You can see the active filters in a row with an X symbol next to them. I usually remove the following:. Unfortunately you are only able to copy traders with a maximum risk score of 6.

Therefore I leave this on as I otherwise would see more people I can not copy in the first place. Now you can decide if you want to sort them via return of investment or via copiers amount. Just be advised that people who have a ridiculously high return, e. I prefer to sort them via copiers as it indicated that more people already trusted those traders with their funds, but it should obviously not be the only criterion to base the decision on.

How did the trader perform in the past? Did he perform well over a longer period of time? You can see that if you click on Stats. You want to select a trader that fits your portfolio.

If you copy 10 traders which are all invested in cryptocurrencies, you might think you have a diversified portfolio but your profits are actually only depending on the cryptocurrency market performance! Afterwards I still like to check the Chart of the trader. This helps you to check how the drawdowns have been in the past and how he reached the percentage. Maybe he just had 1 or 2 lucky shots or did he constantly made profits?

I already mentioned the portfolio in the previous paragraph. But I can not emphasize it enough: The chances that you make more profits over the long term are much higher. This way you are not depending that this one or two markets the trader focused on is successful.

You have a higher chance to always make profits! Copy successful traders by using the steps I explained here. Also make sure to diversify your portfolio and not bet everything on one trader! In case you want to invest, feel free to use the following affiliate link to Invest with Max! Always feel free to contact me on social media or leave your questions and thoughts in the comments. So if you are interested in that, just use my referral link for now and I will invite you to my telegram chat! In case you are not interested in eToro , feel free to take a look at my Portfolio for other investment ideas.

It is possible to lose more than your initial investment. Leveraged trading may not be suitable for all investors, so please ensure you fully understand the risk involved and seek independent advice if necessary. You are commenting using your WordPress. You are commenting using your Twitter account. You are commenting using your Facebook account. Notify me of new comments via email. In case you are new to eToro , make sure you have read my previous blog posts: Introduction on how to make money with eToro Step-by-step guide to copy an investor on eToro Note: You can trade in a variety of assets, including cryptocurrencies , commodities and stocks.

You can try eToro for free and get familiar with the platform, using a demo account. You are able to invest in prepared funds, like the Warren Buffet fund or the Crypto fund, which is a selected collection of cryptocurrencies. You can socialize with other traders and investors to gain knowledge and insights. You can copy experienced traders — meaning you copy all actions of them, opening and closing trades.

This makes it a nice passive income stream. You can multiply your investment greatly by copying the right traders! Some traders have gains that let you multiply your initial investment by 30 or more — within 1 year!

In the top bar you have multiple selection options to find the right person: People from Allows you to select people according to their origin. I do not really care about it as I do not mind where someone comes from. This aspect could be interesting, in case you want to diversify your portfolio also in relation to the time zone.

Who invest in You can select here what the person is investing in. Are you looking for a cryptocurrency trader or a stock trader? You can choose that here. Gained at least Very important. The percentage that person gained in the past is selectable here. You obviously want someone who is successful with his trades. During the Selecting the time frame. Sort the results The next important step is to adjust the filter and search results in a way, you see the successful people you are looking for.

I usually remove the following: A lot of times the trade is not going immediately the way you want it to go and a further correction takes place. As I am more result oriented and do not care if trades are going in the wrong direction at first, I remove this filter as well. Check statistics of trader When checking the stats of a trader, I consider in general 2 major aspects: Diversify your portfolio I already mentioned the portfolio in the previous paragraph.

Let me know what you would like to learn more about in the comments or through my social media channels! Instagram Facebook Twitter Or contact me via Telegram. I also want to introduce you to my new Telegram channel with the following goals: Mentoring and guidance More insights into online investments Discussion about online investments Creating strategies together and discuss them thoroughly Interacting with each other: Creating a team, a supportive community So if you are interested in that, just use my referral link for now and I will invite you to my telegram chat!

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