EToro platform test - profits accelerate. # Week 8
On the home straight to the end of our platform test eToro profits began to accelerate. In fact, they just started to appear, which was missing before. We must keep in mind that this is mainly due to the increased volatility in the financial markets.
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The composition of our eToro portfolio
Our net profit remains at a decent level. The balance of booked funds clearly increased compared to the previous week. In terms of the rate of return, two investors stand out adnreiJT and DirtyBob.
Our investors mainly invest in companies such as:
- Alibaba
- Microsoft
- VISA
- Coca-Cola
- Intel
- Euronet
- Apple Lossless Audio CODEC (ALAC),
- PayPal
- Netlfix
- Master Card
Current account balance since the start of the test:
- The rate of return on the fund GainersQtr 3,18% (an increase of 0,49% compared to last week),
- 322 items remain active,
- Our result is + 3052,10 USD, which gives a hundred percent return + 3,05 %.
Summation
With a relatively large starting capital ($ 100), from the very beginning of the test, we should record the same results as those observed in the eighth week. We already know that under normal trading conditions, traders at eToro perform average, generating negligible returns and holding positions for a long time. In the event that the profit is already satisfactory for us, the available option to close the position manually is useful.
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.