eToro - anyone using it?

[MikeJDS]

I think we will just have to try it out for ourselves.

I'm sure by the end of the week we will have a better idea of the basics.
If we last that long :razz:

 

[Murray]

I've decided my plan for this will be to use you guys as the canaries will wait to see how you get on and the maybe try it out if it goes well

 

[ian]

No, you don't need to stop copying Gary. You can close the position(s) manually in the Webtrader.
So we have the power to close any copies ourselves at anytime.

I thought you knew this already, if you want to cash out, just expand the member in your webtrader control panel and click the X next to the specific trade (not the member). I've done it a few times to avoid being greedy. As it turned out, I would have made more sticking with them, but I'd rather be careful.

I've decided my plan for this will be to use you guys as the canaries will wait to see how you get on and the maybe try it out if it goes well

Chicken get that deposit paid so I gain $100 credit

 

[scooter]

I had expanded but I did not realise you could cash out. I thought it just showed you each individual trade live and by clicking the red x would take the trader off.

Now I know.

 

[Retired_member41]

Say you placed a couple of share orders Saturday night. When would you expect the shares to be bought?

They are listed in the US so I thought when that market opened? Still sat pending.

 

[MikeJDS]

" buy and sell orders are not executed in real time.
Orders placed until 19:45 GMT (US stocks) or 15:15 GMT (EU stocks) of the current trading day, will be executed on the same day at 20:30 GMT (US) or 16:00 GMT (EU).
Otherwise, the orders will be executed on the next trading day. Trading days are Mon-Fri, excluding public holidays "

 

[Retired_member41]

Ah ok. So later today. When rally is over lol

Customer service have not emailed back for 7 hours now. Not good.

 

[scooter]

Been chopping and changing loads today. Not the right thing to do.

Made the stupid mistake of copying one with trades open.
Cancelled and lost $6.34

Current equity $583.14


Below is the list I am going to stick to for the next few days.

xanthones
kovandap
onlybyme
Gstllr
Catsoir
shadshukoor

the last 2 will be dormant until Gstllr starts trading again. (Unless shadshukoor starts copying others again.)


.

 

[MikeJDS]

Not bad Scooter

Today: Total Profit - $17.17

Made a bit of a mess of today, so surprised I finished up.
Like you, was chopping around.
Hopefully be set where I want to be middle of tomorrow.

At the moment I'm following:

CatSoir
kovandap
Johannes1963

Looking to add these 2 soon.

SantoshTiwrari
ChrisElding


Has anyone else tried using the iphone app. ?
For some reason it won't accept my sign in details.

 

[murph]

I've pretty much only been using the app!

 

[MikeJDS]

It looks good - I've no idea why it won't let me login.
Pain in the ar*e!

 

[murph]

I have to say I initially made the mistake of leaving "copy open trades" ticked when copying. Got lucky on one but not a good idea as you're buying in at a totally different level than the traders did!

 

[ian]

I have to say I initially made the mistake of leaving "copy open trades" ticked when copying. Got lucky on one but not a good idea as you're buying in at a totally different level than the traders did!

Agreed, you'd be surprised how many then post comments on the walls complaining they didn't get the same percentage, as if they expect to just copy and instantly be making the same 500% margin!!!

 

[scooter]

It is so easy to miss. I knew about it and still did it yesterday. I presume it is a sneaky tactic so etoro earn some easy money.

Also:
there seems to be a huge sign up from the UK starting last Thursday. I presume most will have been from reading this thread. (Acorn members and non members)

I do hope they used one of the sign up links on the thread.
Anyone else reading this that has not signed up but is now going to, make sure you use one of the invites on this thread as you are given at least $20 free for your account.



.

 

[MikeJDS]

I made the same mistake to start with. (easy to do)

Managed to get into the app. which is handy.

The EUR/USD dropped like a rock this morning.
So I know some of you must be doing well.

Did a couple of my own trades this morning and closed Up, but won't be getting too carried away with more yet.

 

[murph]

I made the same mistake to start with. (easy to do) Managed to get into the app. which is handy. The EUR/USD dropped like a rock this morning. So I know some of you must be doing well. Did a couple of my own trades this morning and closed Up, but won't be getting too carried away with more yet.

Just about every trader I've looked at has sold EUR/USD for profit this morning!

 

[ian]

Seems the EUR/USD has reversed a little this afternoon. Took my profits this morning but then went a bit reckless and lost a bit, but lesson learnt, will leave it to those that appear to have a bit more knowledge than I, and copy them!

 

[MikeJDS]

Also:
there seems to be a huge sign up from the UK starting last Thursday. I presume most will have been from reading this thread. (Acorn members and non members)
.

Probably due to that trading program they showed on the BBC last week.
It showed a bit about eToro.

 

[bu06nne]

Anyone have the issue of eToro pushing through two deposits?

 

[scooter]

I just bailed out of all copies.

Murph had the right idea.
My equity touched $681 :shock: and then I watched it go down steadily this afternoon and then rapidly within the last 20mins. Did not have the bottle to continue.

Total equity stands at $593

Will start looking at copying again soon.