With the rising popularity of trading worldwide there are many strategies available and advertized to choose from. The vast majority of them however focus on short-term gains and rapid returns rather than a long-term outlook. Although one should not necessarily forego fastly emerging opportunities in the market, becoming familiar with a long-term wealth creation strategy may be … [Read more...] about Dollar-Cost Averaging: a Legitimate Strategy on eToro?
psycology of trading
Warren Buffet once said, apart from many other important statements, that "Our favorite holding period is forever". No matter the worst times for financial markets, Warren Buffet kept both his nerve and portfolio intact: buying and holding assets for a very long time as the main strategy for his investments. This strategy, is of course, not perfect and has many risks … [Read more...] about Buy-and-Hold Strategy on eToro
The stories of successful traders on the eToro platform are inspiring and many new traders rush in hoping for an easy quick profit without spending sufficient time studying the basics, practicing and formulating a suitable strategy. Unfortunately, the majority end up performing way below their original expectations or even wiping out their accounts entirely in a short period of … [Read more...] about Beginner Trading Mistakes on eToro
With the amount of advertisement and self promotion on the internet trading is becoming more and more attractive for newcomers on eToro. Many of them jump in right in, hoping for a quick profit without actually learning the basics of trading beforehand, researching or practicing and end up rapidly losing their investments. There are many reasons to why that happens but here are … [Read more...] about Why do many traders lose money on eToro?