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Tips/Tutorial before joining etoro?

Discussion in 'Making Money' started by spartan1404, Mar 7, 2014.

  1. spartan1404

    spartan1404 Regular Member

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  2. imesh83

    imesh83 Newbie

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    Stay away from etoro or any other forex/binary options. Big leaning curve need to succeed.
     
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  3. spartan1404

    spartan1404 Regular Member

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    I don't want to spend all my money. Just wants to make a side earning in order to invest in my other accommodations.
     
  4. tixpf

    tixpf Regular Member

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    This is a serious warning from someone who tried it and I'll try to make it as clear as possible:
    Stay (means not to go somewhere)
    away (not there)
    from (the place I'm talking about)
    eToro (the biggest shit hole of a forex broker)

    But seriously now, enough with the joking. If you have really no idea about stock markets, don't even bother trying Forex. I've tried it and I did have some experience before trying it and I completely underestimated the learning curve. It's just not worth it.
    Additionally to that eToro is probably the worst of all forex broker softwares (quality wise. HUGE delays and very limited tools).

    Their strategy is as simple as it is brilliant. Trading can be extremely complicated and difficult to understand. What they did is create a funny looking interface and present forex trading like a game.
    So again - I highly recommend NOT to invest in Forex trading. Seriously man. This is money gone down the drain.
     
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  5. Serverextra

    Serverextra Registered Member

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    To start of indeed stay away from brokers posted above ect ect ect.

    If you don't wanna learn the stock markets you can do this:
    Its easy get a real broker/bank account, get a real sig nal ser vic e that's in control of a real trader and not a robot.

    If you wanna learn and do it the hard way:
    Get a real brok er/b ank account.
    Because paper you wont learn much from it since you don't get the same feeling if you trade whit your own hard earned cash.
    Start learning and reading a lot about the markets (technical and fundamental) Learning time if you learn fast a minimum of 1 year and then still you will have a hard time.
    I think you will get successful after a year or 3.

    Anyways stay away from fake brokers (no real brokers) as i seen in many fake brokers they will and can manipulate the quotes if they not doing that probably you will end up paying big spreads.
    I hope you listen to all of the above posters and it will save you a a bunch of learning dollars .
     
  6. JamesPat

    JamesPat Registered Member

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    Stay away from etoro. They are bucket shop broker with silly platform spread and fees. If you really want to invest in Fx look for other brokers .. there are many good ones. Be warned .. Fx has a big learning curve.
     
  7. darryl05

    darryl05 Newbie

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    You can check broker review sites like earnfore and forexsanity on facts on etoro. But I think it is very essential to consider seriously some factors before choosing a broker.
    Factors like' registration details, making sure they are registered...deposit and withdrawal mechanism etc.
     
  8. msuper28

    msuper28 Power Member

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    I've never tried eToro but I heard it's not good to join there.