How Much Can You Make On Etoro? – The Definite Guidewww.67goldenrules.com
A Short Review on Etoro
The Pros The Cons
Great customer service for your account Limited trading products
Regulated in Cyprus and United Kingdom Huge spread for frequent trading
Always evolving and maintaining the position as market leader
Etoro charts are not very nice to trade on
Good reputation and remuneration package to attract the best trading talents
How to select the best traders on etoro for your Portfolio?
• So, what is the main indicator of ensuring good returns moving forward? It is how well a trader can preserve his/her trading capital through effective risk management, instead of one time wonders. Warren Buffet once stated that the first rule in investment is to never lose money, while the second step is to not forget Rule No.1.
Follow my 5-step checklist to select the right traders
• Do not select popular investors etoro, but instead filter for traders with risk level 1 to 6
• Filter for traders with maximum weekly drawdown of 10%• Make sure there are no big return suddenly in one month, over the
past 12 to 24 months• Ensure that the traders do not have 100% profitable trades• Ensure a maximum stop loss of 25% when copying any trader
Do you want to see specific trader examples?
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Here’s what you will get, 3 trader selected based on the checklist on the previous slide to test your understanding.