EToro Platform Test - Unrealized Profits. # Week 2
Behind us the second week of the test eToro platforms. We currently have 95% of the capital employed between eight signal providers and one fund (last week it was 60%). More traders joined us. This time, however, we raised the risk level, and new players were selected from the category of those who specialize in investing in currency instruments. Today we have added one more trader, which aims to diversify our portfolio with positions on raw materials.
What is the current situation of our deposit? About it below.
Check it out: EToro Review - Social Trading Platform
The composition of our portfolio
Compared to the previous week, we can see that profits fell by just over USD 1000. Investors still hold open positions, hence one could conclude that the previously generated profit was not realized. Only two investors trading on currency pairs realized a total profit 82,11 USD.
Our investors mainly invest in companies such as:
- Alibaba
- Microsoft
- VISA
- Coca-Cola
- Intel
- Euronet
- Apple Lossless Audio CODEC (ALAC),
- PayPal
- Netlfix
- Master Card
Only 5 transactions were carried out on currency pairs. They were items for:
- EUR / GBP
- USD / CAD
- EUR / AUD
- USD / JPY
Summary of the XNUMXnd week:
- 5 closed profitable transactions + 82,11 USD,
- 93 active positions with total balance -324,35 USD.
Current account balance since the start of the test:
- Rate of return from the fund GainersQtr 0,52%,
- Closed 5 transactions on currency pairs, all profitable,
- Total loss -324,35 USD, which gives a rate of return -0,34%.
Summation
Considering how much money is involved in our test of the eToro platform, investors' performance is very "conservative" and it is difficult to draw any conclusions. Certainly, our account will be modified during the test, just like it was in the case of Zulu Trade. We want to get the highest possible profit with moderate risk, hence such castling will certainly be necessary in the long run.
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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