Nano Airdrop Etoro – Ask Mary Traders

We get htis a lot on our site the answer to Nano Airdrop Etoro….Concerns that i hear from brand-new investors what if you’re brand new to investing you merely do not wish to decide what you really wish to invest and you want someone to do it for you there’s just a couple of ways that that can take place the first off you can hire an investment portfolio supervisor they’ll normally charge a quite a high premium to do that perhaps a couple of percent of your revenues will go to them the other thing is naturally you can purchase mutual funds specific funds are created once again with an account manager in the background as i’m going to cover in this video they have a service though that’s called copy trading copy portfolios too now if you’re brand new to a total please keep in mind this platform is quite sophisticated you can do cfds which naturally cfds are ways of investing

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with not in fact having the full amount of capital so with anything that you’re discovering please do study the platform do not simply presume since i utilize it that you can use it immediately do some due diligence have a little experiment with it even invest with virtual money they consider that alternative too so you actually get utilized to the structure of the website and after that when you’re ready to use your own money to invest you can do so now i will disclaim of course your capital is at risk this is investing we’re doing you’re buying real business if you select to in this particular video we’re talking about how to copy other individuals’s financial investments with your money so undoubtedly your capital is at risk and we have to bear that in mind do not just do something because that person has actually said they have actually made profit 14 months in a row purchase these options because you think is the right ones for you and that being said let’s dive directly in [Music] The things we’re going to cover in this video is understanding what is copy trading what are copy portfolios it’s part of social trading which is one element that is most likely.

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popular for it’s the alternative to see what other traders are doing unbelievable we don’t usually get that insight from a great deal of platforms and the other advantage is these copy portfolios are copy trading and so that suggests with our money we can really say i want to do exactly what that trader is doing or match that exact portfolio of choices and generally every time they make a trade they purchase they sell whatever they do your money will be simulated with it so that implies if for instance 10 of their investment portfolio is in tesla guess what you’ll now be investing 10 of your money in so we’re going to also cover is the charges included really important you understand what are the expenses of this now with any platform there will be some expense to undoubtedly these are real companies that are investing they’re doing the buying the selling for you there’s going to be charges involved and even a few of the absolutely no charge websites then might not charge you for actually buying and selling etfs or funds individual products individual stocks.

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there’ll be costs on other parts perhaps it’s our fx rate when you’re changing from uk to u.s dollars there’s all kinds of fees associated so do your due diligence and i’m going to reveal you the fees with in particular in this video the next would be things to understand prior to you in fact start buying copy trading or copy portfolios and lastly some finest suggestions best practices if you are thinking about this as a tool whether you start your journey or your advanced financier so let’s kick off with fees actually crucial to understand these now on there’s a couple of fees there isn’t costs to do with actually buying and selling fine so commission costs are complimentary nevertheless there are a number of other costs the very first one is withdrawal fees so you can obviously put cash in now if you’re in the uk we put our uk cash.

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and it’s automatically converted into us dollars and i’ll cover a little point about that later on but when you want to withdraw your cash so you offer your shares you offer your products whatever you’re selling the minimum amount you can withdraw is thirty dollars back out and they do charge you five dollars per withdrawal so for me of course knowing that i’m going to make certain that i’m only withdrawing when i definitely require to now you might say fine that’s quite expensive and i get that however it’s all to do with how they run their platform they need to charge costs someplace and withdrawal fees are simply among those alternatives that they have a lot of platforms undoubtedly are free to do such things has this five dollar charge so in my eyes make your withdrawals mainly it can be maybe even once a year when every six months you know depends totally how you’re investing but that is a cost to remember the second charge that i have actually touched upon is that conversion fee now with you’re dealing in us dollars just there’s not a choice to purchase in euros or uk and that’s great that suits me.

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a great deal of my stocks are us dollar stocks anyhow or the etfs that i’m purchasing and even some crypto so i’m great with that we have what’s called the fx currency conversion cost now when you use anybody so if you’re utilizing trading two and 2 free trade anybody this is basic they have actually i suppose stuck with whatever cost they charge for that conversion rate you type of have to accept you understand if you want to use their platform go from uk to us then that conversion fee exists what are they really giving you in regards to your uk pounds to us dollars and all platforms are the same you can’t bargain with them you can’t go to the bank and say give me us dollars rather you need to pay their charges now the great feature of however when you have actually converted your cash you do not have to invest it right now that dollar value can sit in your portfolio as money dollars for as long as you like so that implies the initial day that you purchase or transform your dollars is the only charge that takes place now with copy trading and copy portfolios there aren’t any additional fees so that’s truly good utilizing that part of their site won’t certainly restrict you in any way however we need to know 2 other charges the very first being what’s called spread charges alright and i’m going to show you what i mean on now a spread cost as i’m going to reveal you

on is generally the distinction that becomes part of the investment platform in between the buy price and the list price all right it’s their premium on doing both those two actions now tesla if you can see on this part of the site today tesla’s dollar worth 599 per share in tesla that in fact implies that when you want to sell or buy as you can see it’s not the price you’re seeing up here let me reveal you that again so the existing cost of tesla is the worth of a share what’s called spread costs is the distinction then really to buy that share on the platform and you’ll discover this everywhere this is another manner in which they make a small amount of make money from you each time you do a purchaser’s share so keep that in mind undoubtedly it’s more pricey to purchase than it is to offer so they’re going to give you less back with your sale and you say all right well why does that occur it simply does that is the nature of a lot of platforms out there there’s a difference between if you’re buying it then you want to sell it which is how they make a little bit of money on those spread fees it’s generally incredibly little it could be a matter of pens matter of cents in there however that’s one location every investment company will once again make a little bit money now the last feat is called an

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overnight fee now this is truly essential if you’re really utilizing cfds yourself as well an overnight fee is when you’re refraining from doing that buy offer transaction in the exact same day fine there’s then an overnight cost charged or even if you go from the friday to the monday prior to cruising a weekend fee now this just applies to cfds so if you’re actually buying out the etf the stock the product and using time one take advantage of which implies you’re actually buying the precise possession instead of using take advantage of anyway you will not get hit with these costs but these charges are if you’re using utilize and cfds and after that you’re going to have these charges if you’re not buy selling in the same day so let’s say if you go into the aid section this isn’t the over night charges information you can see precisely the breakdown and it’ll tell you what are the charges what are the costs then for when you’re doing overnight or you’re doing over weekends and that only uses as i stated to cfds there are some additional charges naturally depending upon what you are purchasing as well this is on your own so keep that in mind however full costs are totally within their help details okay and we spoke about along with totally free to deposit in but there’s a 5 dollar charge if you want to withdraw from anything whether it’s been cfds regular product stock shares whatever there’s that five dollar withdrawal fee now another thing to call it as i’ve said copy trading and copy portfolios are 2 different methods of really using these copy works they don’t have any extra fees on top of the normal charges that

exist now what you require to bear in mind though is these potentially handled by other individuals totally or sometimes have actually produced portfolios you have actually got a genuine person doing the management you need to make certain you pick the individual that’s right for you similar to any kind of work this is your financial possessions so we definitely require to make sure it’s the ideal person for us prior to we copy them so the first things i would call it if you do want to utilize this function we’ve got a couple of different options for us to start with if you’re brand new to investing i want to draw your attention to this within you have the option to invest real money or a virtual platform virtual methods i think you get yep a hundred thousand dollars to have fun with and it’s not real cash that you’re investing you won’t require to put in your charge card information or anything you can basically have this virtual portfolio simulate as if you are using your own money but really buy pretend buy copy individuals whatever you like if you’re not

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feeling comfy with using your real money maybe this is a terrific alternative for you again to evaluate the theories fine you might wish to buy tesla or apple or this etf why not use the virtual option as a way to sort of safe have fun with it certainly you may have missed out on gains and losses throughout that time naturally if you had invested your genuine cash it permits you to develop confidence comprehend the platform so that’s one choice for you then next week and i’m going to return to my genuine portfolio here now we’re going to deep dive really how to copy individuals and copy portfolios now here’s something to keep in mind prior to you select somebody that you’re going to copy or a portfolio you’re going to copy make sure you comprehend what your danger profile is now what do i imply by that undoubtedly for me i’m investing long term and they tend to state the longer you’re leaving your financial investments the riskier you can be run the risk of simply indicates am i okay with possibly losing a good quantity of this investment or getting as

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well now keep in mind everything is ups and downs you will generate income you’ll lose cash that’s why they make the statistic 75 people will lose money however that similarly suggests they’ll lose eventually in their journey obviously individuals do generate income also and i have actually got videos all about how you can make sure you’re one of the people to actually earn money however in this scenario ensure you research study your danger level would you be fine offering your money to somebody else which is effectively what you’re doing and trusting them make certain you comprehend what they’re investing in completely if you’re somebody who isn’t wanting to be that risky do not choose someone who’s entirely into crypto or currency conversion think of it you ‘d probably want a foundation of strong commodities

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like gold or perhaps oil plus more conventional etfs and index funds you may not desire some up-and-coming single stocks in your portfolio do the same with who you’re following now as i say you can really utilize this too truly quickly over here you can copy people now it will give you a great deal of options and you can utilize the system to in fact search for somebody that you expensive in fact following so let’s see possibly we desire someone from unified kingdom um who buys let’s see who does etfs they’ve gained at least 10 yeah that sounds fair that sounds a good amount and i can find everybody who has actually fulfilled that criteria and it does provide you a danger element too so it tends to be the higher the number the more riskier they are with their stock investing now certainly there are a number of people that have rather high returns

remember it’s like anything to do with the news or predictions of the future this does not imply somebody will make 56 for you for the next 12 months they might make 4 or minus 50 there’s no chance to guarantee so do keep that in mind and as basic as clicking the copy button and off you go and after that you understand ask you to validate are you alright with this and off you go now another method to in fact deep dive if we click this person for example ruby mza as an example you can really deep dive into what is she actually buying so let’s go into portfolio and you can see she’s quite heavy into microsoft mastercard amazon she likes her tech a little bit so that’s excellent to know ibm paypal yep she’s certainly like type of into those blue box and the tech industry she’s got some of mine in fact that i buy too which is great so in fact for me understanding what i like to purchase my private stocks and shares she would resonate with me she’s got a great spread in tech companies that seems to be what she prefers she’s also got a little bit more um of the sort of main food business and you’ve got you understand pharmaceutical and production companies as that. Nano Airdrop Etoro.

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