A trading plan seems to be a very basic thing in your trading process and yet because it is so simple many traders overlook its great importance. A trading plan should be a solid framework on how and when to execute trades, the size of positions, levels of stop-loss and take profit, the kinds of assets and markets traded, rules for trading and so on. Of course every trader can … [Read more...] about How to create a trading plan on eToro?
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eToro offers a great variety of assets for you to choose from and commodities are one of them. Despite commodities being one of the oldest financial assets, trading commodities may not be as straightforward as it seems. What they are, how do they work and how are they are traded on eToro? You can find a quick guide to answer these questions below. What is a … [Read more...] about Trading Commodities on eToro
What is a momentum strategy? Momentum strategy relies on making a profit by going long or short when price movements of an asset show a strong trend in an upwards or a downwards direction i.e. when there is a high price momentum either way. If an asset, such as stock or ETF, is undergoing an upward trend (so increasing in price), momentum trader would go long in it (i.e. buy … [Read more...] about Momentum trading on eToro
Opening a trade on eToro is extremely easy: choose an asset you would like to buy or sell and press the 'Trade' button, select the quantity and open a position within seconds. But what if you don't want to purchase the asset just yet? What if you believe its price will go down in the future to a certain level so you can get a better deal buying it later? Thankfully, eToro … [Read more...] about Market orders vs Limit orders on Etoro
Trading on eToro platform has never been so easy. A clear user-friendly interface makes opening, monitoring and closing down trades very easy even for less experienced users. There are also plenty of learning opportunities and possibilities to practice on a demo account before risking your real capital. Yet, some trading technicalities and particularities in which financial … [Read more...] about Price Gaps: How not to blow up your account