In Pursuit of Your Financial Independence
Rule No. 1: Never lose money.
Rule No. 2: Never forget rule No.1
Warren Buffett
What if there was a way to trade like a Pro on autopilot,
while you enjoy life!
What is this about?
Sounds too good to be true, right?
In 2006, I got my first Big Boy job. I was grossly overpaid compared to my peers, and I quickly started doing some math. How long would it take to save up for a (used) car? How long would it take to save up for a down payment for a property? Ideally, I'd like to travel a bit, start a family, buy a bigger house, have kids, a second car maybe? I don't think I was asking too much. Even factoring in potential promotions and bonuses, it did not add up. How do successful people I look up to afford all those nice things?
The answer is investing. I was raised to do regular savings and find the best deal among the banks' savings accounts. Nothing more. 0.75% higher yield? Take my money!
It turns out, there is a whole world of fully legit investments out there, with the potential of much better returns than my old savings accounts. As I did not want to let go of my dreams, I started learning about investing, understand the risks, and did my first steps!
Many years later, I found eToro, a new, challenger broker at the time in 2013. It turns out, they had an amazing feature, enabling everyday people to have outstanding results by copying people who already did decades of learning!
I joined their ranks, and I became, as they call it, a Popular Investor!
Enter CopyTrader
eToro invented CopyTrader, where you can browse among proven and experienced investors, called Popular Investors, allocate a portion, or all your funds, and automatically copy their trades. The money never leaves your account; it's yours all the time. Like you were sitting next to the smart kid on an exam. You just Copy. Automatically.
What is CopyTrader?
Is it for me?
Copy Trading is not for everyone
CopyTrading is not for you if you
-Want to make your own trading decisions
-Want to spend time researching news, analysing stocks
-Expect to achieve unrealistic returns, consistently.
-Love paying $1 per trade.
Fun Fact: 89% of retail traders lose money, or seriously underperform the market. The same 89% are convinced they can consistently beat the best investors, who do this for a living.
CopyTrading is for you if
-You have money piling up in your Savings Account, and you know you should get better returns, but not sure how
-You have a long time horizon, definitely more than a year.
-You are not sure how to navigate the stock market, but would trust someone who has been doing it for a long time
-You are not comfortable learning the ropes, understanding markets, researching companies, and reading a ton of news
-You are not afraid of some volatility, and would not panic sell when markets drop 10-20% for some reason
-You like a set it and forget it approach
-You do not want to pay $1 per trade. Trades under CopyTrading are exempt from the $1 fee.
-You are in a country supported by eToro. You can find the list here.
Disclaimers, please read it, it's important
👉I'll treat your money the same way I treat mine. After all, you are copying my trades.
I have over $100k on eToro, so I do care about that amount, to invest responsibly. Having said that, past performance is not an indication of future performance. Investing has its risks.
👉eToro has its own disclaimers, you can find them here.
👉Popular Investors are getting compensated for Amount Under Copy. Just like with other actively managed funds, the fund manager is getting paid. You can find the details here.
👉Anything I say should not be taken as financial advice. It is purely my opinion, based on my personal experience. Always do your own due diligence and research!
Managing expectations, Disclaimers
12
Years on the platform
06
Followers
33
Investments
100%
Total gain up to date
Blog posts
