Not actually having the full amount of capital…Michael.Saylor Wife… so with anything that you’re learning about please do study the platform don’t simply presume since i utilize it that you can use it right now do some due diligence have a little play around with it even invest with virtual money they consider that option as well so you in fact get utilized to the structure of the website and after that when you’re ready to utilize your own cash to invest you can do so now i will disclaim obviously your capital is at threat this is investing we’re doing you’re purchasing genuine companies if you select to in this particular video we’re speaking about how to copy other individuals’s investments with your money so undoubtedly your capital is at threat and we have to bear that in mind do not simply do something since that person has stated they’ve made revenue 14 months in a row buy these options because you believe is the best ones for you which being stated let’s dive straight in [Music] The things we’re going to cover in this video is comprehending what is copy trading what are copy portfolios it’s part of social trading which is one element that is most likely.

famous for it’s the choice to see what other traders are doing amazing we don’t generally get that insight from a lot of platforms and the other benefit is these copy portfolios are copy trading and so that means with our cash we can actually say i wish to do exactly what that trader is doing or match that exact portfolio of alternatives and basically every time they make a trade they buy they offer whatever they do your cash will be simulated with it so that suggests if for instance 10 of their financial 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 fees included really critical you comprehend what are the expenses of this now with any platform there will be some expense to obviously 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 some of the no cost websites then might not charge you for really buying and selling funds or etfs individual commodities specific stocks.

there’ll be charges on other parts possibly 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 show you the charges with in particular in this video the next would be things to understand prior to you really begin purchasing copy trading or copy portfolios and finally some finest advice best practices if you are thinking about this as a tool whether you begin your journey or your more advanced investor so let’s begin with charges actually important to understand these now on there’s a number of fees there isn’t charges to do with actually buying and selling alright so commission charges are free nevertheless there are a couple of other fees the first one is withdrawal costs so you can undoubtedly put money in now if you remain in the uk we put our uk money.

and it’s instantly converted into us dollars and i’ll cover a little point about that later however when you wish to withdraw your cash so you offer your shares you offer your products whatever you’re offering the minimum quantity you can withdraw is thirty dollars back out and they do charge you five dollars per withdrawal so for me of course understanding that i’m going to ensure that i’m only withdrawing when i absolutely need to now you might state alright that’s quite pricey and i get that but it’s all to do with how they run their platform they need to charge fees somewhere and withdrawal fees are simply among those alternatives that they have a great deal of platforms undoubtedly are totally free to do such things has this five dollar charge so in my eyes make your withdrawals mainly it can be perhaps even once a year when every 6 months you understand depends completely how you’re investing however that is a charge to remember the 2nd fee that i’ve touched upon is that conversion charge now with you’re handling us dollars just there’s not a choice to buy in euros or uk which’s fine that suits me.

a great deal of my stocks are us dollar stocks anyway or the etfs that i’m buying and even some crypto so i’m good with that we have what’s called the fx currency conversion cost now when you utilize anybody so if you’re using trading 2 and two open market anyone at all this is basic they have actually i suppose stuck with whatever fee they charge for that conversion rate you kind of need to accept you know if you wish to use their platform go from uk to us then that conversion cost exists what are they really offering you in regards to your uk pounds to us dollars and all platforms are the same you can’t haggle with them you can’t go to the bank and say provide me us dollars rather you have to pay their fees now the terrific aspect of though when you’ve converted your money you do not have to invest it right now that dollar value can sit in your portfolio as cash dollars for as long as you like so that means the preliminary day that you purchase or convert your dollars is the only charge that takes place now with copy trading and copy portfolios there aren’t any additional charges so that’s really great utilizing that part of their website won’t certainly limit you in any way however we have to be aware of two other charges the first being what’s called spread fees okay and i’m going to show you what i suggest on now a spread fee as i’m going to show you Michael.Saylor Wife.

In general, traders who utilize EToro in Trading 212 will find it to be one of the very best and most convenient platforms to utilize. You are provided many options with this software and you can configure it however you see fit. This makes it very versatile and user friendly. Plus, you get trading signals delivered right to you, which is a big plus. If you’re looking to start trading the forex market however do not know which system to choose, then this might be exactly what you need.

Not in fact having the full amount of capital…Michael Saylor Wife… so with anything that you’re learning more about please do study the platform don’t simply presume since i use it that you can utilize it immediately do some due diligence have a little experiment with it even invest with virtual cash they give that choice too so you really get used to the structure of the site and after that when you’re ready to utilize your own cash to invest you can do so now i will disclaim of course your capital is at danger this is investing we’re doing you’re buying genuine business if you pick to in this particular video we’re discussing how to copy other people’s investments with your cash so clearly your capital is at danger and we need to bear that in mind do not just do something since that individual has said they’ve made earnings 14 months in a row buy these choices since you think is the ideal ones for you and that being stated let’s dive directly in [Music] so the important things we’re going to cover in this video is comprehending what is copy trading what are copy portfolios it becomes part of social trading which is one aspect that is probably.

well-known for it’s the option to see what other traders are doing unbelievable we don’t usually get that insight from a lot of platforms and the other benefit is these copy portfolios are copy trading therefore that means with our money we can actually state i want to do precisely what that trader is doing or match that precise portfolio of options and generally every time they make a trade they purchase they offer whatever they do your money will be simulated with it so that indicates if for instance 10 of their investment portfolio remains in tesla guess what you’ll now be investing 10 of your cash in so we’re going to likewise 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 some of the absolutely no fee sites then might not charge you for in fact buying and selling etfs or funds private commodities private stocks.

there’ll be costs on other parts possibly it’s our fx rate when you’re altering from uk to u.s dollars there’s all kinds of charges associated so do your due diligence and i’m going to show you the costs with in particular in this video the next would be things to know prior to you in fact start purchasing copy trading or copy portfolios and finally some best recommendations best practices if you are thinking of this as a tool whether you start your journey or your advanced investor so let’s begin with costs truly crucial to comprehend these now on there’s a couple of costs there isn’t fees to do with in fact buying and selling all right so commission fees are complimentary however there are a couple of other charges the very first one is withdrawal costs so you can obviously put cash in now if you remain in the uk we put our uk money.

and it’s instantly converted into us dollars and i’ll cover a little point about that later on however when you wish 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 5 dollars per withdrawal so for me naturally knowing that i’m going to make sure that i’m just withdrawing when i definitely require to now you might say okay that’s rather costly and i get that but it’s all to do with how they run their platform they need to charge costs someplace and withdrawal charges are simply among those options that they have a great deal 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 perhaps even once a year once every 6 months you understand depends completely how you’re investing however that is a cost to bear in mind the 2nd fee that i have actually discussed is that conversion charge now with you’re handling us dollars only there’s not a choice to purchase in euros or uk and that’s great that suits me.

a great deal of my stocks are us dollar stocks anyway or the etfs that i’m purchasing or perhaps some crypto so i’m good with that we have what’s called the fx currency conversion fee now when you use anyone so if you’re using trading two and 2 free trade anyone at all this is standard they have i expect stuck with whatever charge they charge for that conversion rate you type of need to accept you understand if you want to use their platform go from uk to us then that conversion cost is there what are they actually providing you in regards to your uk pounds to us dollars and all platforms are the same you can’t haggle with them you can’t go to the bank and say provide me us dollars rather you have to pay their fees now the great feature of though when you’ve converted your cash you do not need to invest it right now that dollar worth can being in your portfolio as money dollars for as long as you like so that implies the preliminary day that you buy or convert your dollars is the only charge that occurs now with copy trading and copy portfolios there aren’t any extra fees so that’s actually excellent using that part of their site will not certainly restrict you in any way however we need to be aware of two other charges the first being what’s called spread fees fine and i’m going to reveal you what i suggest on now a spread charge as i’m going to show you Michael Saylor Wife.

You are offered numerous options with this software and you can configure it nevertheless you see fit. If you’re looking to start trading the forex market however don’t know which system to pick, then this might be precisely what you need.