Mentioned
TeslaG1981
TeslaG1981
0%
Alexander Lutz
Germany
3m
Edited
Please read this with care! Another User showed me that my thoughts were wrong! There seems to be no Transactionfees for Copying, and No Minimum Order. Just the usual Spread! I'm very sorry. But I don't want to delete that Post cause of transparency. Feel free to reach out to me. Big shoutout to @TeslaG1981 who corrected me! Thank you very much. Why You Should Copy Me with at least $400 Today I'd like to share with you why it's so important to copy me with a minimum of $400. I'll try to be as transparent as possible, but if you still have any questions, please let me know. In general, my positions are at least 2.5% of my portfolio value, typically around 2.7–3%. If you copy me with $400, your order size will be about $10, which is the minimum order size on eToro. If you invest less than this, the order cannot be copied. However, it's much better to invest a higher amount, and here's why: In the above scenario, if I sell a position with a 25% profit, you will make $2.50. But after the $1 flat fee per trade, you would only have a profit of $0.50. That's a poor return of only 5% of the potential 25% profit. Of course, the more you invest, the less the fees matter, but you also increase your risk. Let's do the math for $800 and $1,600 to show the difference: * With $800: A 2.5% position is $20. A 25% profit is $5. After a $2 fee (for opening and closing the trade), your total profit is $3, which is a 15% increase of your $20 position. * With $1,600: A 2.5% position is $40. A 25% profit is $10. After a $2 fee, your total profit is $8, which is a 20% increase of your $40 position. If you have any questions, please feel free to reach out. All the best, alexvanl
1 Mentioned
TeslaG1981
TeslaG1981
1 reply
1 reply
1 reply
1 reply
null
.