Not actually having the full amount of capital…Michael J Saylor Net Worth… so with anything that you’re learning about please do study the platform don’t just assume because i use it that you can use it right away do some due diligence have a little play around with it even invest with virtual money they give that alternative as well so you really get used to the structure of the website and after that when you’re ready to use your own cash to invest you can do so now i will disclaim naturally your capital is at threat this is investing we’re doing you’re investing in genuine companies if you pick to in this specific video we’re speaking about how to copy other individuals’s financial investments with your money so clearly your capital is at risk and we have to bear that in mind do not simply do something because that person has stated they have actually made revenue 14 months in a row purchase these options due to the fact that you believe is the right ones for you and that being stated let’s dive straight in [Music] so the important things we’re going to cover in this video is understanding what is copy trading what are copy portfolios it becomes part of social trading which is one element that is probably.

popular for it’s the alternative to see what other traders are doing incredible we do not normally get that insight from a lot of platforms and the other advantage is these copy portfolios are copy trading therefore that indicates with our cash we can really state i want to do exactly what that trader is doing or match that specific portfolio of choices and generally each time they make a trade they buy they sell whatever they do your cash will be mimicked with it so that suggests if for example 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 fees involved truly crucial you comprehend what are the costs of this now with any platform there will be some expense to obviously these are real business that are investing they’re doing the purchasing 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 really buying and selling etfs or funds individual commodities specific stocks.

there’ll be fees on other parts perhaps 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 fees with in particular in this video the next would be things to know before you actually start investing in copy trading or copy portfolios and finally some finest recommendations best practices if you are thinking about this as a tool whether you start your journey or your more advanced investor so let’s kick off with fees actually important to understand these now on there’s a couple of costs there isn’t charges to do with actually buying and selling okay so commission fees are free however there are a number of other charges the first one is withdrawal costs so you can clearly put money in now if you’re in the uk we put our uk cash.

and it’s immediately converted into us dollars and i’ll cover a little point about that in the future however when you wish to withdraw your money so you sell 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 naturally understanding that i’m going to make sure that i’m just withdrawing when i absolutely require to now you might state okay that’s rather pricey and i get that but it’s all to do with how they run their platform they need to charge fees someplace and withdrawal costs are just one of those alternatives that they have a lot of platforms clearly are complimentary to do such things has this five dollar charge so in my eyes make your withdrawals mostly it can be perhaps even once a year as soon as every 6 months you understand depends completely how you’re investing but that is a fee to remember the second cost that i have actually touched upon is that conversion fee now with you’re dealing in us dollars only there’s not an option to buy in euros or uk which’s great that fits me.

a great deal of my stocks are us dollar stocks anyhow or the etfs that i’m buying or perhaps some crypto so i’m good with that we have what’s called the fx currency conversion charge now when you utilize anyone so if you’re using trading 2 and two open market anybody this is standard they have actually i suppose stuck with whatever cost they charge for that conversion rate you sort of need to accept you understand if you want to use their platform go from uk to us then that conversion charge is there what are they really offering you in terms of 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 state give me us dollars instead you have to pay their fees now the fantastic thing about however when you’ve converted your cash you do not have to invest it immediately that dollar worth can being in your portfolio as cash dollars for as long as you like so that suggests the initial day that you buy or convert 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 great using that part of their site will not certainly limit you in any way nevertheless we have to understand two other costs the very first being what’s called spread costs okay and i’m going to show you what i imply on now a spread charge as i’m going to show you Michael J Saylor Net Worth.

Overall, traders who utilize EToro in Trading 212 will discover it to be one of the very best and easiest platforms to use. You are given lots of options with this software and you can configure it however you please. This makes it extremely versatile and user friendly. Plus, you get trading signals delivered right to you, which is a big plus. So, if you’re aiming to start trading the forex market however don’t know which system to choose, then this may be precisely what you need.

Not really having the total of capital…Michael J. Saylor Net Worth… so with anything that you’re learning more about please do study the platform do not simply assume because i utilize it that you can use it right now do some due diligence have a little experiment with it even invest with virtual money they give that alternative as well so you really get utilized to the structure of the site and then when you’re ready to utilize your own money to invest you can do so now i will disclaim naturally your capital is at threat this is investing we’re doing you’re buying real companies if you choose to in this particular video we’re speaking about how to copy other individuals’s investments with your cash so clearly your capital is at threat and we need to bear that in mind do not just do something since that person has actually said they have actually made earnings 14 months in a row invest in these choices because you think is the best ones for you and that being said 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 belongs to social trading which is one element that is probably.

well-known for it’s the option to see what other traders are doing amazing we don’t typically get that insight from a great deal of platforms and the other benefit is these copy portfolios are copy trading therefore that means with our money we can actually state i wish to do precisely what that trader is doing or match that exact portfolio of choices and generally every time they make a trade they buy they sell whatever they do your money will be imitated with it so that implies if for example 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 likewise cover is the fees involved actually vital you comprehend what are the costs of this now with any platform there will be some cost to clearly these are real companies that are investing they’re doing the buying the selling for you there’s going to be charges included and even some of the zero charge websites then might not charge you for really buying and selling etfs or funds specific commodities specific stocks.

there’ll be charges on other parts maybe it’s our fx rate when you’re changing from uk to u.s dollars there’s all sort of costs 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 know prior to you in fact begin buying copy trading or copy portfolios and lastly some finest suggestions best practices if you are thinking of this as a tool whether you start your journey or your more advanced financier so let’s kick off with fees actually crucial to comprehend these now on there’s a number of costs there isn’t costs to do with actually buying and selling alright so commission charges are complimentary nevertheless there are a couple of other charges the first one is withdrawal costs so you can certainly put money in now if you’re in the uk we put our uk money.

and it’s automatically converted into us dollars and i’ll cover a little point about that later however when you wish to withdraw your money so you sell your shares you offer your commodities 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 naturally knowing that i’m going to ensure that i’m only withdrawing when i definitely require to now you might say alright that’s quite costly 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 one of those alternatives that they have a great deal of platforms certainly are free to do such things has this five dollar charge so in my eyes make your withdrawals largely it can be maybe even once a year once every 6 months you know depends entirely how you’re investing but that is a fee to keep in mind the 2nd fee that i have actually discussed is that conversion cost now with you’re dealing in us dollars just there’s not a choice to buy in euros or uk and that’s fine that matches 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 excellent with that we have what’s called the fx currency conversion fee now when you utilize anybody so if you’re using trading two and 2 open market anybody this is standard they have actually i expect stuck with whatever charge they charge for that conversion rate you sort of have to accept you understand if you wish to utilize their platform go from uk to us then that conversion cost exists what are they actually providing you in terms of 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 state offer me us dollars instead you have to pay their fees now the excellent thing about however when you have actually transformed your cash you do not need to invest it immediately that dollar value can sit in your portfolio as money dollars for as long as you like so that suggests the preliminary day that you buy or convert your dollars is the only charge that takes place now with copy trading and copy portfolios there aren’t any extra fees so that’s really excellent using that part of their website will not definitely limit you in any way however we have to be aware of 2 other fees the very first being what’s called spread fees alright and i’m going to reveal you what i indicate on now a spread cost as i’m going to show you Michael J. Saylor Net Worth.

In general, traders who use EToro in Trading 212 will find it to be one of the very best and simplest platforms to use. You are provided many choices with this software application and you can configure it nevertheless you choose. This makes it extremely versatile and easy to use. Plus, you get trading signals delivered right to you, which is a big plus. So, if you’re aiming to start trading the forex market but don’t understand which system to pick, then this might be precisely what you require.