Swabbing on the web we are used to finding a lot of information about online trading. Demos, guides, tips, but also many platforms that offer the possibility to invest in the world of forex. Among all these, there is one that has revolutionized in a certain sense the way of trading, launching a very interesting novelty. We are talking about eToro, a broker that has become a leader in so-called social and copy trading.
In essence eToro has put all the traders in the world in touch with each other, giving all clients the possibility to follow, just like on the main social networks, the other users. But that is not all. The eToro creators went further by allowing you to copy all the activities of each individual trader by wire and by sign. In this way, both those who are more accustomed to matter, but above all those who are new to it, can immediately grasp the secrets of other users and replicate the way they operate. An important novelty that has attracted many new investors, allowing you to shed even more light on the practice of online trading. On the other hand, by searching on the eToro web opinions, you can get a very detailed idea about the advantages offered by this platform.
We said that the broker eToro is taking a strong hold in Italy in recent years. This is thanks to its ease of use, absolute reliability (it is CONSOB certified) and also to the many activities it offers, such as those already mentioned of social and copy trading. Currently eToro has about 5 million members, a number that is constantly increasing. This platform also allows you to do several experiments for the less experienced through demo mode. Simply access your data and start trading virtually before you switch to real investments.
The latter can be of various kinds. You may decide to invest not only in currencies, but also in stocks, stock indices or commodities (such as gold, silver, copper etc.). All major stock markets are available on eToro, as well as the launch of the electronic money market (e.g. Bitcoins, Ethereum, Ripple etc.).
This allows you to diversify your investments creating a varied portfolio and always up to date. We have already described the practice of Copy trading, which allows with a few clicks to replicate the activities of other traders on the platform. To support this practice, however, eToro has also created CopyFunds, that is algorithms through which it calculates the performance of the best traders in circulation and builds a sort of investment fund with low risk profiles for users. Another great advantage of eToro is the expense of starting trading. In fact, while demo mode allows for completely free training, eToro has the lowest prices on the market for the first investment. With this broker you can open an account with a minimum of $ 200 (while other platforms are also around a thousand dollars as a minimum figure), while individual transactions range from 25 dollars for currencies and commodities, 50 for stocks, up to 200 for indices.
Starting trading with eToro is therefore advisable for the reasons described above. You can start with a demo account to try to understand the functioning of the markets, then you can go on to study the moves of the most experienced traders and finally, with limited figures, you can start making some personal investment. In addition, in the social trading section you can constantly monitor the updated statistics of all traders, the trends of the main markets and the most profitable transactions made.
Expiry is one of the most important trading instruments that concerns binary options. Such an element, if used in the best way and with determined wisdom can lead to an increase in earnings not indifferent; through trading at 60 seconds for example, you can get an increase in profits much higher than other strategies because the shorter the expiration the more the gain is insured, considering the speed in doing the trading.
It is much easier to analyze some data through the reading of graphs than the discussion that can arise around simple numerical inputs. Through the graphs it will be possible to monitor information related to volumes and other technical indicators (they are displayed at the base of the graph characterizing the time axis). To give a concrete example, the bands of Bollinger are directly represented on the price graph.
Today we will talk about a simple but very effective and reliable technique for binary options trading, with a 5-10-minute expiry and a 5-minute timeframe.