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EToro platform test - Wallet Modification continued. # Week 5
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EToro platform test - Wallet Modification continued. # Week 5

created David BurdaJuly 21 2020

Platform test is in progress eToro. The fifth week of our struggle on one of the most popular social trading platforms has ended. Let us remind you that our portfolio has been modified to obtain the highest possible profit. So far they have not even been decent. To this end, we have clearly increased the level of risk. How did this translate into improved results? About it below.


Check it out: EToro Review - Social Trading Platform


The composition of our eToro portfolio

The visible profit is the live result, including already closed positions and currently open ones. We booked + $ 654,37 profit. Currently, all our open positions and closed lossy positions generate a total loss of -2435,36 USD.

etoro week 5

Past performance is not indicative of future performance. The trading history shown is less than 5 full years and may not be sufficient as a basis for an investment decision.

Our investors mainly invest in companies such as:

Current account balance since the start of the test:

  • Rate of return from the fund GainersQtr Present in several = 2,31% (a decrease of -0,63% compared to last week),
  • 422 positions remain active,
  • The total realized profit is + 678,59 USD, which gives a level of return of Present in several = 0,67%,
  • Taking into account the open positions, our result is -2435 USD, which gives a hundred percent return -2,44%.

Summation

Our test of the eToro platform is having a hard time so far. The exchange of most signal providers and the increased risk level did not change the fate of our account much. Still trades are either unsuccessful or simply not very profitable. The risk scale in eToro is between 1 and 10. So far, we have selected traders with risk up to the maximum 6. In order for something to start happening on our account, we need to look for suppliers who have actually achieved really high rates of return on investment in recent months and "tweak" the risk in the range from 8 to 10. If they do, we will immediately start copying them.

76% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you can afford the high risk of losing your money.


eToro is a multi-asset platform that offers both stock investing and CFD trading.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.

Past performance is not indicative of future performance. The trading history shown is less than 5 full years and may not be sufficient as a basis for an investment decision.

Copy Trading is not synonymous with investment advice. The value of your investment may go up or down. Your capital is at risk.

eToro USA LLC does not offer CFDs and does not make any representations or be responsible for the accuracy or completeness of the content of this publication, which was prepared by our partner using publicly available information about eToro that is not specific to entities.

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About the Author
David Burda
An active trader on the Forex market since 2017, specializing in the currency and commodity markets. He considers highly effective technical analysis combined with simple investment tools. Privately, a fan of spending free time actively.