Stop Losses are preset triggers that will close out a position at a certain price point — usually to limit how much you might lose if the price action moves against you.
Over time you make many trading mistakes. And if you trade socially e.g. on eToro, you see others making similar mistakes many times over. I wanted to point some of these out so that others can avoid them, or at least have a laugh knowing that they’re not the only ones to have made a…
I don’t talk or trade cryptos heavily on eToro, and that because when it comes to cryptos I’m more a buy-and-hold kind of guy. As an…
Leverage is wonderful and terrible all at once. The thrill of a highly leveraged position ticking up enormous profits is only comparable to the stomach churning dread of a highly leveraged position going in the opposite direction.
You’ll often see Popular Investors (myself included) touting the benefits of holding i.e. buy and then keeping you positions in stocks, cryptos, PIs etc. open for weeks or even months.
I field this question from time-to-time so I thought I’d create a master copy reply. At the…
No one on eToro (except for eToro themselves) have ever asked for my background, but I’m going to give it to you anyway.
Besides the reams of content I read online each day there are several books that I recommend every investor read. There are some that are directly related to trading, and others that help understand the human psyche, and therefore have indirect applications. Let me know which books…
This topic comes up often enough that I’m going to write about it. It almost always starts with a post like this: