I Teach My Fiancee How to Trade Using eToro App | EfPrime Financials
My Fiancee is a Registered Nurse and has been working as a frontliner for more than 7 years. She has no background in how the financial market operates. She literally has no idea how things work.
As a Finance Professional, I taught my Fiancee how to trade using eToro. eToro is a social trading and investment marketplace that allows users to trade currencies, commodities, indices, and stocks.
The image below shows my Fiancee's income for the past 9 days of trading. Despite having no knowledge, she still managed to earn passive income amounting to $54.97. How did she do that?
Allow me to elaborate.
My Fiancee invested a minimum of $200.00 to open a trading account with eToro.
She earned $54.97 in 9 days by doing the following:
a. Using my referral link to activate her account gave her instant $50.00; and
b. Investing in a copy popular investor to earn $4.97 in 9 days.
My Fiancee copied a popular investor named Jaynemesis. In effect, the underlying investments of Mr. Jay Nemesis is the platform that my fiancee puts her money into. If you analyze it, even if my fiancee lacks expertise on how the financial market works, she is still earning because Jaynemesis is an expert investor.
eToro lets you invest your money by copying the investments of popular investors. By doing so, you are passively earning income.
The procedure in investing in copy trade is to check on your risk profile first. You can choose the popular investor that represents your risk profile.
In effect, you are investing in a mutual fund, where your investment is diversified depending on the diversification technique that your popular investor is adopting. Diversification lowers the risk of losing your investments.
To end this article, it is wrong that you need to be fully informed about how financial markets work before you start investing. You can learn it along the way while earning from it. You only need the right platform, eToro is the best platform for people who lacks knowledge about trading. You can copy the trades of popular investors making you earn money. Likewise, it is the only platform where you can trade multiple assets at the same time i.e. you can trade forex, cryptocurrency, global stocks, indices, commodities, and ETFs all at the same time.
This is one of the smartest methodologies of how you can earn money in today's pandemic.
Free Cool Feature
If you want to harness your skill in trading in global markets, you can do so by trading with eToro's virtual portfolio. It is FREE. With this platform, you can gain knowledge as to how to properly buy and sell assets that will serve as your training ground before you go to the actual markets.
You will be given $100,000.00 in a virtual portfolio (this is not actual cash). You can buy an asset that you wish to own and monitor how it performs. The actual market prices reflected in the virtual portfolio are the actual market prices in the market.
Your learning in this platform can be used in trading in our local stock market, Philippine Stock Market. Your skills will be even improved since you will know the interrelation between the foreign markets and the local stock market.
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Disclaimer
The Author is advising readers to consult with your respective Financial Advisors before venturing in any investments. Investing your money is dependent to your goals and your risk tolerance. You should know the risks and rewards of investing before you actually do the same. The illustrations above are for educational purposes only and any risks or losses that you may incur are imputable to your respective decisions.
The author does not in any way provide a guaranty as to the effectiveness and quality of the products and services that are featured in this blog. The products and services were advertised based on personal experience and product and service reviews that the product/service received.
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itsb good software to information about trade and market.thanks for sharing
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