by darkthorn » 26 Oct 2015, 18:57
I have some experience as a trader both in eToro and in Sports betting and my advise is the following:
To become a profitable trader you have to study first, read some books on the subject of trading and investment before investing in eToro. After it try to put in practice what you learn using a demo eToro account, this account allows you to try the markets and earn some practicing in trading without you loosing a single cent. Then you should start by the eToro Social Trading (
http://www.etoro.com/en/social-trading/ ... D=13032014), use it to observe other traders and even copy successful traders investments.
Becoming a trader is an endless road of learning, you have to practice your emotinal control, be tough with youself otherwise you will loose all your money. Some traders do bad investments and they panic so they put more money on the market to recover the money they loose and as a result they end up broke. You have to learn to accept losses, they happen to all traders it is a part of the job.
Don't rush into trading, take your time learning it because that is the only way to be successful, if you jump into the markets without any basic knowledge of them you will loose money. This are the basics I have learn in 5 years of trading and I still have a lot to learn trust me.