Hey, so a quick overview of what we can trade on Etoro...
People sort of things about stocks and shares and there's currencies and there's cryptos,
and I just want to give you a bit of an overview of what we can trade on Etoro and where you
can find them.
So, here you go to your "Trade Markets" page as always - it's kind of a main page, landing
page for finding out what you want to trade and what the markets are.
So up here, you see this here - "Cryptos, ETFs, Stocks, Indices, Commodities, Currencies"
That is the sort of main headings for the main ways of classifying what it is you can trade.
If you're unfamiliar with these, I'll do some videos afterwards which briefly explain what
each one of those are, if you're completely unfamiliar...
You probably you already know much more than me - I'm still learning, I'm still new to this,
but I'll show you how to find your way around the system here...
The first one is the Cryptos - the cryptos, obviously, it's a - they've been going for
a long time - Bitcoin has at least ... It's a kind of burgeoning, growing, expanding asset
class at the moment.
People are really into it, so a lot of people want to trade cryptos and it's something that's
available on Etoro.
Now the way you trade cryptos on Etoro is different from how you trade them on the more
"traditional" ... traditional ... They're brand new, all of them, but the traditional
cryptocurrency exchanges, you know, like Bittrex and Poloniex, and Bitfinex, and Coinbase and
whatever, all those exchanges - you buy the real coins and you actually, you have
to store them securely in a sort of piece of software called a wallet, and all the rest of it.
Coming here, to trade cryptocurrencies is different.
Hey, so I have to interrupt quickly, sorry to interrupt myself there, but they've changed
it - so up until a few weeks ago, on Etoro you didn't trade the real cryptos, you traded
CFDs of the cryptos - Contracts for Difference.
And I uploaded that video and I've had to take it down because kind of the same week,
they changed it, and it was a bit wrong.
They now trade real cryptos on Etoro ... So you go to the same screen - here we are in
crypto screen and you see Bitcoin, DASH - DASH became available for trading, just 2 days
ago or yesterday I think, so that's a pretty new one to be able to trade although it was
listed on the site before.
You've got Ethereum Classic, Ethereum, Litecoin, and Ripple.
So, in the past it was CFDs, now it's more like those other exchanges - as I was saying,
on those other crypto exchanges, you buy the coins, you store them in a secure wallet.
So here on Etoro, you're actually buying the real underlying fundamental assets - the coins
- you're buying the coins themselves. Etoro's just moved to this - obviously, they're getting really into the
Crypto-sphere now, it's such a big part of the market that they're moving fult-tilt into it and I'll make a video
explaining what's going on there.
They're keeping the coins apparently in segregated accounts for safety, you still don't have
a wallet like on other exchanges - they sort of take care of that...
Anyhow...
You wanna trade cryptos, here they are - there's Bitcoin, DASH, Ethereum Classic, Ethereum,
Litecoin and Ripple.
And you can choose, you can go to any one, and there's the trade button, there's the
charts, stats - same sort of stuff...
So that's a brief introduction to cryptos...
The move to trading underlying real cryptos is a big thing for Etoro, that's a huge change
from just trading CFDs.
So, that's the first one, the second heading is ETFs - Exchange Traded Funds.
Again, I'm going to make another video which explains a bit more what they are, but you
can sort of see here some of the exchange traded funds that are available .... Again,
just by clicking on any one of them you get the familiar sort of trading stuff, the stats,
charts, and you can open a trade, and there's the normal trading parameters there, which
I'll explain later.
So that's ETFs really...
I don't trade them much, I mean I mostly trade stocks and cryptos, but they're here and they're
useful, and a lot of people like them... and they're available on Etoro.
Stocks ... stocks is probably the largest section, stocks - I'm not sure how many companies
they have available in Etoro - obviously in the world there are many many many companies
which are listed which you can trade on various exchanges around the world - they don't have
them all on Etoro, but they have a wide selection and the selection kind of does incorporate
different markets, so there's agricultural ones, there's financial ones, there's technology
ones, there's basic materials, conglomerates...
So you can see here - you can search by industry, here you can see industry types, or by exchange
because they also represent different stocks which are traded in different parts of the
world on different major exchanges...
So you've got New York Tech, New York Stock Exchange, Frankfurt, London, Paris, Madrid,
Milan and Zurich.
So, there's a lot of stocks available and I'll go into that - more about that later,
but they can be easily traded.
Same thing...
Pick one, same stuff - stats, chart, and the research button.
Quite useful...
And you just click "Trade" to open it, same stuff - you can either sell it - short sell
it which is betting that the value will go down and you make money as it goes down, or
you can buy it where you're betting that the value will go up and you make money as the
value goes up.
There we are, a simple overview of them...
Trade markets - back to it - Indices...
Indices track groups of companies on major, on stock exchanges around the world, and they
are available here for trading - again, I'll go into it more in another video, but you
can find them there as well.
Quite useful because they represent indices from around the world - we've got Australia,
China, that's America, Spain, Europe, Japan, Germany, France - there's quite a lot available.
Not THAT many, but there's enough that if you're really, if that's what you're looking for,
it's available on the system.
Commodities ... Major materials or commodities which are used in industrial and other processes
around the world.
The major ones here - Copper, Gold, Natural Gas, Oil, Platinum, Silver available for trading
on Etoro.
Again, it's CFDs on the value of those, but you can trade them if you know enough about
them to not lose tons of money - you can go ahead and trade them on here.
And finally we've got currencies - currency pairs.
So, there's a lot, there's 47 currency pairs listed, so there we are, if you're into FOREX
and you're looking to trade FOREX, you can trade FOREX on this.
Again, I'll make a video which goes into a bit about what that is.
But yeah, FOREX is available - there's good leverage on FOREX, you can see again Stats,
the chart ... You go in to trade it and look 100 - it goes up to times 200 leverage.
Traditionally not the most volatile thing to trade - it doesn't go up and down so it's
harder to make money.
Recently though it's been all over the place.
Again, I'll make a video explaining a bit more about that later...
You can sell it, you can buy it, you can trade it or you can set an order - so you can define
the rate you want to buy it at, so yeah, same stuff there with that.
So, those are the things you can trade, those are the major groups.
Cryptos, ETFs, Stocks, Indices, Commodities, and Currencies.
And together, they sort of - that really brings in a really broad range of all the things
that you might want to trade you know, different people like different trade different things.
Some people stick to cryptos, some people stick to stocks, some people love the ETFs
and indices.
You know, there's a lot of people like currencies and just stick to that, some people just stick
to not even all the currencies but Euro against U.S Dollar or whatever, but they're all, they're
available here.
Not always the largest selection of them, but enough that, you know, it's comfortable...
You can sort of choose different parts of the world, different regions, different ... depending
on your strategy.
So, obviously also - things you trade, you know, the beauty, the major beauty of this
is copytrading - you can actually just invest in people.
I still think this is an absolutely fantastic idea and it's why I came here.
And so what this basically means is each person you copy becomes like a fund manager for you...
So you choose a person, you look at their stats, you look at all - there's lots of statistics
about them, you can find out all about their performance and their risk - how risky they are...
What they trade, and if you want to copy them, very very simple, you just copy them with
whatever amount of money you want - minimum $100 but you can copy them with any amount
you want.
You set a copy stop loss which is an automatic sort of kill switch on the copy, so if they
ever lose $50 or if they ever lose $100 or whatever you want, then it'll automatically
stop the copy, you don't have to stay at your computer all the time.
All profits that they make in the copy get sort of ploughed, automatically, back into
that copy - it's like a fund, it just grows and so they make bigger trades with your money
and they can make bigger trades and they can make more money.
Obviously it's not always a win - sometimes they lose, that's why you have to look at
their statistics, find a good trader, but copying is absolutely I think magnificent,
and it's another investment opportunity on Etoro.
Instead of having to just sort of trade into the actual asset itself, you can actually
have people you're copying as sort of little fund managers and you can have, I think it's
up to 100 of them.
I'm not sure ... but you can have lots and lots and lots - copy lots of people with different
amounts of money and those people - some of them might invest in FOREX, some might invest
in cryptos, some might invest in stocks, some in indices - so you can spread your risk about,
it's amazing.
Another thing you can invest in here is copyfunds...
So again this is like a traditional fund manager.
A fund would be where - I didn't explain what ETFs are ... Did I explain what ETFS are?
ETFS...
I'll explain in the other video anyhow, but this sort of a fund - it's like someone's got
a basket and they've filled it with lots of different things, so instead of buying an
individual stock, or an individual company, you say alright this guy here who's the fund
manager has put together a basket of lots of different companies - I trust him or her
to have picked the right one, I'm going to buy the whole basket - I'll buy shares in
the whole basket and if they all in general go up that's good, and if they go down
oh no, not so good.
And this is a way of sort of spreading your risk, so you're not just invested in one thing,
you can spread your risk out so if one goes up, another one might be going down but
if another one goes down sharply, others are going up so you - it's meant to mitigate and
sort of lessen your risk.
Problem with the copyfunds is that you have to invest $5000 as a minimum.
I don't have $5000 so I can't do it...
But it's another thing - if you want sort of ... It's meant to be a more medium to long
term investment, so it won't have, you know - 60, 70% returns each year, but it might
have 15, 20% and it'll be safer.
And Etoro sort of manages these funds, so it manages what's in the different funds.
You find things like Quarterly Gainers - Traders, that's about people you can copy, trending
people you can copy, then there's actually ones based on the market.
So the Cryptofund, Gaming Industry Fund, which takes like a range of gaming industry companies
and sort of puts them into one fund ... Big Tech...
So there's things you can do.
This one's basically loosely based on Warren Buffet's strategy ... There we go, so there's
funds as well that you can invest in.
And you can find them here, so 'Trade Markets' brings you to this one with all the actual
markets you can directly trade in.
'Copy People' brings you to this where there's search parameters and you can find people
to copy, which is amazing, and 'Copyfunds' is down there, where you can see the funds
that they've put together - Etoro themselves, and they manage and update.
So that's just a brief introduction to what you can - the sort of things you can trade
on Etoro.
And I think I'll make some videos about each one of those now and go into a bit more detail.
That's it ...