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
Stock trading etoro
eToro's most popular and innovative feature CopyTrading allows traders to save on time and effort in monitoring their trading positions themselves by copying other investors on the platform. Each one of these investors is different in their choice of assets, strategy and results. Choosing who to copy might be quite overwhelming but there are some factors you might want to … [Read more...] about How to choose who to copy on eToro?
Risk management is one of the most important underlying skills in trading and there are many aspects to it. Managing your positions that are kept open overnight on eToro platform is one of them, and below you can find a detailed guide on how to do that. What is an overnight position? Overnight positions are essentially trades that you do not close until the end of the … [Read more...] about Risks of holding open positions overnight on eToro
Trading on the eToro platform offers multiple great opportunities but there is always some risk involved in doing so. Markets and asset prices are very volatile and move constantly, not always in the direction you are hoping for and that is the inherent problem that exists in trading. This market instability may make you consider diversification as a possibly strategies in … [Read more...] about Why should you diversify your eToro portfolio?
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?