Etoro?

No need to show us his result just go on etoro and watch peoples results, a lot of them are havinf sick results just copying peoples i’ve seems some who get close to 100%/month for months now just copying others.

He don’t care about showing us his result and getting the 10$ guru bonus because of this is probably ridiculous for him, imagine if you’ll make 250% return whintin month ? i doubt you’ll care about getting an extra 10$ (and where have you seen that the bonus is 10$ ?).

  1. How long are they earning 100%/month? For 1 month?
    I can show you a 1000%/month on the 1st month on roulette, you wanna follow me? (i dont think so)

  2. If you are earning 1mil a year, would you still want $50k extra? (i think so. Nobody gets enough of money)
    If you do the math. $10 per copy trader who follow you, that is $10,000 extra on every month, for 1000 ppl following you.
    Whether you lose or win. (and ive seen people having 1000 followers even when their results are not impressive for whatever reason i dont know why)
    I think its an extra income for buffer even for months you are not doing well.

So your logic of “why would he be bothered to show us if he is earning 100%/month” doesnt cut it.

I’ll tell you why he hasnt shown anything.

  1. He needs time to show a reasonable length of testing.
  2. [B][U]IT ISNT DOING WELL![/U][/B]

Simple, u say u see traders getting 100% just by copying others.
Show me. Tell me their name i will find out. Let me research them.
Then i’ll tell everyone here and rest this case once and for all. Shall we?

And i wont copy them under your name. (since $10 per person is peanuts for you right?)

It isnt doing well?

I´m very satisfied with my results!
270% Gain now!
8-15% every week, sometimes more.

But i don´t want to be the center of attention, this was just “My 2 Cents” to this thread!
:slight_smile:
Peace…

Hi

How long have you been profiting like this?

What is your username?
Simple, i get it sometimes u cant be bothered to copy, edit, crop, and attach it here.
So just simply tell me your name or someone’s nick that u think is doing well.
Simple as that.

Either u show or just tell us your ID, no point saying “oh i am profiting”
"oh im having 270%, 8% every week"
When its just mere words.

I mean im not being sour grapes here.
I do earn a living from forex, but i dont believe in social trading which i have tried it too. (not someone who just critisize without trying)

So it is very good that you are earning.

But when you want to proof your point that it works, you gotta show proof.
Substantial proof and not just words.

Its like someone saying im making money, trying to convince his frens that it works, but when your frens say show me your bank statements, or show me your trading account history. You start saying “oh im doing wel, i dont need to proof anything” or “oh i dont want to be the center of attention” lol you kidding me?

Isnt that funny??
If im ur fren i would be laughing in my heart, “that joker is lying”

And besides i remembered you were saying you will come back here and share your results with us.

And i think everyone expects some decent showing and not just words “o0h i am earning 270%”

Hey, Noelrobinson…
It seems you did not read what i wrote a few days ago!!

Go to Page 4 and you will see, that i allready shared my Username here,…
So have a look at my Stats (if you want) and don´t be pissed at someone who just wants to share, that he is satisfied with the results he gets as a Forex Newbee!

Peace!

My bad. if he did, my bad.

I will look for it and post back here.

Cheers.

You do realize that your stats look quite impressive but as what i said in my initial few posts that ppl are keeping their losing trades.

As i can see, your wins are mostly in the single digit %, meaning 1-9%.
Sure you have decent 20%,40% profits.

But if you look at your current open trades, you are holding losing trades mostly at 20%-40% losses !!
And those are llike 4 months ago !

You proof my point that ppl are just holding losses and cashing out small on winning trades to artificially “inflate” their winning rate.

"As i can see, your wins are mostly in the single digit %, meaning 1-9%"
Thats my form of scalping, i have a 40hour job in a Casino, where i do this little “single digit” winning trades beside my job!
For me Etoro was a good entry into trading, i learned a lot and still do!
And i know, keeping losing trades is freezing money… Some Gurus do this only to “polish” their stats for more winning trades.

The only thing i wanted to say was, Etoro is not that bad…
I more than doubled my deposit and will continue.

Is that profit withdrawal’ble?

Is that your realized equity or just your equity.

One doesnt take into account your huge open losing trades, the other does.

So if you are talking about doubling your profits even after factoring in your huge losing opened trades then good for you.

If not then you are kidding yourself. =)

He may be telling the truth but the main question would be if he can keep it up. I just hope he does. Etoro has been around for some time now and I believe a company cannot please every single user.

@Noel: Up to date it is not withdrawable, because of my 3 Nzdusd Trades wich are deep in red now…
The other “Huge” losing trades are from my Gurus, and since these are very small (5-20 Bucks) i don´t care about them that much.
Further i decided, that i don´t want to copy other traders anymore so i will withdraw the most of the money allocated to them and wait 1-2 Months for a very profitable week to cut all those loosing trades!
@Peleus: I will try my best to keep it up! I´m a very ambitious guy and i i´m learning a lot every single day…
We will see!

There you go… =)

I not against you btw.

Im just trying to get facts out so the general public can make inform decisions.
Not deluded decisions.

And i really appreciate you being honest. =)

As i said, i´m a newbee in Forex and learning every day… Social Trading brought me into this “Jungle” and i am working on a new strategy to avoid those loosing trades!

Btw. i´ve learned a lot from the guys here on Babypips, thanks for that!

Being honest to others and being honest to oneself! Right way to do it, i think!
:slight_smile:

Good for you. Good that you are learning. And good that etoro is helping you achieve that.

But whhen sharing results you have to phrase your sentences properly and also the details behind it.

Your previous post states that you doubled your profits.

But those arnt really profits when you take into consideration your losses. Opened losses.

Anything you cant withdraw isnt a profit.
(unless its a bonus money then i understand)

Started a new thread about eToro before i found this one. So just gonna post it here instead.

Ok here’s the thing… I did the babypip-school like 3 months ago. After that, I traded on FXCM with a demo account for 1 month. After that, I was ready to start small… and long story short, I found eToro. It was an easy registration, looked good, liked the “facebook-like” system they had, the copy function and more. I started trading there, and have done so for around 2 months now. My experience have been ok. Nothing wrong at all.

Now, my buddy is getting into trading and he is in the stage of choosing broker. I told him to check out eToro, and he came back the next day and said that he had seen a lot of bad and really bad reviews online. I’ve looked into it myself, and have found some really bad, but also some good ones too.

Now I’m a bit confused, should I stay with eToro or not? I think their platform is easy to use, the support from other users is good, the community is good, easy to find information about pairs, news and such… but I’m still a bit scared to enter my deposit my full amount of money and start trading “for real”. I need a broker I can trust, and don’t wanna get screwed over!

If you say no to my question about staying with eToro or not, could you please recommend me a Broker that would fit my needs?

I’m not picky, I want a broker based on these things:

  • Needs to have a solution for mobile phones (android). FXCM’s mobile platform app is amazing. eToros is ok, get’s the job done, but FXCM’s is really really good. With a lot of indicatiors, possibility to draw lines and save them for later use and what not.

  • A downloadable trading platform is NOT a must, but i prefer it. MT4 would work.

  • Not to complicated. I’m still pretty new to the whole scene, so I dont need to jump into the big boy league just yet. That’s where eToro was good.

  • No dealer desk

  • Not to high spreads

  • Minimum deposit under $500

  • I live in Sweden. Might not be a deal breaker, but It might make things easier for u guys

That’s all. Thanks in advance

Hi Chuck

Etoro is good for beginners. Yes.
You are right.

Why?

Its platform is design for simple use.
Having said that, their spreads are very high.
And becos they are newbiee frenly, newbiees go to them, and since they are newbiees, they unknowingly or ignorantly pay the high spreads.

So if you want to pay high spreads, etoro is for you. =)
For me, nah…

Im thinking about switching to AVAFX and using MT4/5

A Friend of mine also has a few thousand bucks at Etoro Deposit and has withdrawed some of, a few weeks ago, no Problem, everything went smooth… No Scam…
You don´t have to worry.

[QUOTE=“Chuck Bass;526418”]Started a new thread about eToro before i found this one. So just gonna post it here instead.

Ok here’s the thing… I did the babypip-school like 3 months ago. After that, I traded on FXCM with a demo account for 1 month. After that, I was ready to start small… and long story short, I found eToro. It was an easy registration, looked good, liked the “facebook-like” system they had, the copy function and more. I started trading there, and have done so for around 2 months now. My experience have been ok. Nothing wrong at all.

Now, my buddy is getting into trading and he is in the stage of choosing broker. I told him to check out eToro, and he came back the next day and said that he had seen a lot of bad and really bad reviews online. I’ve looked into it myself, and have found some really bad, but also some good ones too.

Now I’m a bit confused, should I stay with eToro or not? I think their platform is easy to use, the support from other users is good, the community is good, easy to find information about pairs, news and such… but I’m still a bit scared to enter my deposit my full amount of money and start trading “for real”. I need a broker I can trust, and don’t wanna get screwed over!

If you say no to my question about staying with eToro or not, could you please recommend me a Broker that would fit my needs?

I’m not picky, I want a broker based on these things:

  • Needs to have a solution for mobile phones (android). FXCM’s mobile platform app is amazing. eToros is ok, get’s the job done, but FXCM’s is really really good. With a lot of indicatiors, possibility to draw lines and save them for later use and what not.

  • A downloadable trading platform is NOT a must, but i prefer it. MT4 would work.

  • Not to complicated. I’m still pretty new to the whole scene, so I dont need to jump into the big boy league just yet. That’s where eToro was good.

  • No dealer desk

  • Not to high spreads

  • Minimum deposit under $500

  • I live in Sweden. Might not be a deal breaker, but It might make things easier for u guys

That’s all. Thanks in advance[/QUOTE]

I have been with etoro for 1 year, and i Think its a good place to learn trading, but their webtrader is often laggy, and when you have many trades open it Can get almost unusable…
So if you want to trade yourself i would recomend a MT4 broker, personally im using Xemarkets, and really happy with the execution speed, everything just works more smooth than etoro…

But i still keep a little etoro account, because i like the social part, but would never use it as my main account… :slight_smile:

Etoro is almost a forex blessing. EToro provides unique social networking for traders. Using this tool, you can copy other’s trades, follow top performers and leave comments. This online forex broker provides quotes for all major currencies and provides Islamic accounts. Also Etoro spreads are very tight up to two pips, whereas many now support as low as one-tenth of a pip. This service also does not provide the MetaTrader platform. Also, eToro offers OpenBook for people to share trading ideas and copy other’s trades, which could be beneficial to new traders. In addition, eToro allows miniscule first-time deposits, which is also good for new traders with little capital to risk.