Etoro - Why do 76% Lose Money?
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- Опубліковано 23 лют 2019
- Here's my profile on Etoro: etoro.tw/2rcYYm0
Become an Affiliate: www.etoro.com/TJoinT2_A59104.aspx
The new warning on Etoro's homepage says that 76% of all retail investors who currently trade with Etoro, lose money. That's a really serious statistic, which I think is required to be there because of European regulations.
So why is this happening? Is it a problem with Etoro, or with trading in general? I'm not a professional, and I've only been on Etoro since 2016, but I talk about some of the things I've noticed so far which I think have definitely led to losses at least in my own case...
Here's some links to the people in my portfolio: (Affiliate Links)
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Past performance is not an indication of future results. This content is for educational / entertainment purposes only and is not investment advice.
If you're interested in seeing some of my other video series':
Etoro beginners Playlist: • Is Etoro A Scam? Will ...
Copy Trading Beginners Tutorials: • How To Copy A Trader O...
"The stock market is a device for transferring money from the impatient to the patient." - Warren Buffett. So true.
Yeah, it does seem that way.
I've been patient for many years and your advice is spot on.
@Memo ries yeah baby doll for sure
@@manictiger It worked? Making 20k + every year?
manictiger sounds like the start to an advertisement from one of those ‘Instagram traders’
“Do you want to make 7 figures a year, I do and you can too if you follow these steps which involves you paying me £2k to get into my trading circle and then you can earn the big bucks”
It's great advice, but 76% of people will ignore it.
Yeah, that would make sense... :)
and thanks!
Social Trading Vlog sor dube is your idea is use etoro with selfstudy and buy by myself? i am not totally understand cause motherlanguage isnot english
🤣🤣🤣
assuming everyone partakes
I love the way you explain everything! Thankyou
thanks so much :)
I've been doing my apprenticeship for a year, on the virtual wallet, and I've learned a lot, I've watched millions of videos, courses, but let me tell you something, your video has been the best I've ever seen so far!
Thank you for sharing this thought so clear and so reasonable with us! I'll take your words and I'll use them as if they were mine!
Thank you Mr. Thomas! ❤
Cheers Lucas :) I'm really glad it was of use!
From the way he talks, he looks like the "I'm not mad, I'm just disappointed" kind of guy.
I'm not that disappointed though either really...
@@SocialTrading youre just a great guy
thank you for being honest man, thats the whole value of this video
I like his video; and the moment he says; get rich fast ... thats me on e torro; so many times I neglected 500usd profits cuz I thought hell; if its no 5000 then its not worth it 🤦♂️
I love how honest and accurate his advice and opinions are. Thanks for this :)
That's very kind of you to say :) Thanks
Yes. Thanks for ur honest advice. Be a taxi driver, lawyer, doctor but get out of those Get Rich Scheme!
I agree
But why almost every Social Trader lost 2018? If you check there History they all lost in 2018 and suddenly boom 2019+2020 10-30% up easy. ITs strange....
@@CuriousConnoisseurs everyone got overexposed to cryptos in 2017... 2018 they started drawing down and spent all of 2018 slowly losing value... we all held onto them during 2018 as nobody wanted to sell and lock in their losses. 2019 saw them balance out and everyone started going up again. at least that's what I was seeing at the time...
Rock solid advice.
In these days of 0 percent interest rates even a steady 5% per year is fantastic!
I just love how humble and honest this guy is, I just downloaded Etoro and this is the first video I watched and I feel much more calm after watching this video. You have a great way of presenting your facts and opinions man, keep it up and good luck! This video made my day 😇
Thanks Brendt :) It's super-risky though!!! Don't be too calm :) Much appreciated.
So a year later.....how has your investments gone?
@@LorriSanga Pretty well actually, I've gotten much better at analyzing trends and figuring out the right time to boom boom kachoom 😎☕
How have you done 2 years later with eToro? I'm thinking of opening an account but have not yet. I have opened a Dreamfire52 account and have so far been very satisfied. Just curious to know if eToro really works.
I had an etoro ad showing before the video started lol
Yep - my ad revenue shot up this month. I think they're doing a big ad campaign right now - probably due to the crypto surge.
Me too xD
I got Expert Option
hehehehe
same :)
You're a very special person. Your sincerity and wisdom is refreshing. So many could learn from you. Best! Your new subscriber and fan!
thank you so much :)
@@SocialTrading Yes Sir! 🚀👀😃
Loved the video, good advise and you have a charming way of putting the information across. Thanks for the video.
Came across this video by accident but man I’m glad I did. You described me and exactly what I am doing now, I need to change. Clear, sensible and down to earth. Thank you!
Proverbs 28:20 English Standard Version (ESV)
A faithful man will abound with blessings,
but whoever hastens to be rich will not go unpunished.
well said :)
Great advice
Well here's a different proverb ...Money cant buy you happiness. but it can buy you a ..First Class Ticket.. in the search for happiness !!!..💵💵💵.🤑🤑 . 🤗
You've videos are so helpful, I really appreciate them! Keep them coming!
Is there a way to change the money values to £ Instead of $?
Thanks
Cheers Rob :) Nope, I haven't found one yet. I guess it would mean live currency conversions all the time or something...
I recently started trading in the coronavirus crisis and made a nice profit first time and it was really fun, but I find it interesting that so many people don`t do research in what they`re trading in. I made my profit because I spent like five days deciding on what I should trade with. I am glad that I did my research first. Start small and build up to a bigger fortune, it`s worth the wait.
Glad to hear it's going well!
Dead Red Souls so what stocks are you trading ?
same here, got 20% in a month as a beginner but mostly because of the crisis.. I bought when everything was low and sold 4 weeks later (share options)
Dead Red Souls do u mind if I ask you where you research or what you check before investing?
@@HECCKILLER Dude I bought Amazon in March...
6 months later here I am, 80% of profit.
OMG I'm so stupidly lucky...
I'm so thankful to you for creating all these amazing etoro tutorials. They've been my source of all etoro-related information. thanks a ton.
cheers musharraf :) kind of you to say
You should definitely start giving talks not only on UA-cam... your way of presentation is excellent
Thank you :)
Brilliant advice. Probably the best video i've seen since my research on stocks and shares began
This man is spot on with his advice for beginners -- something that begineers rarely get is the mindset they need to be successful in trading/investing. Man, patience is crucial and DO NOT GET GREEDY.
I have one word for you Mr. Social Trading Vlog person: *Thank You*
I'm not a total newbie when it comes to trading but I'm still going to watch this video again - and then again every so often.
"with a lot of risk comes... a lot of risk" quote of the decade!
read this as he said it
Thank you for such an honest and helpful sharing to us. Keep up the good work sir and God bless you!
Thanks a lot :) god bless you too sir !
i really appreciate the way how you explain one point its make me more intersting what i should to study to know more about stoks
Thanks for your feedback
For more info on cryptocurrency
+15137152060
For guidance
Well to respond 🚀
Man thank you for your vidos! You just seem so honest, i cant explain it. Hope everything goes well for you mate.
Absolutely brilliant words Tom! Thanks for that mate!
Thank you. Much appreciated :)
love your honesty! An eye-opener!
starting etoro today and I think your vid was exactly what I needed to see. thanks
Hope it all goes well! Yeah, it's extremely easy to lose money - taken me a while just to learn how not to lose it.
Oana, have you lost money yet?
Thank you man. The video was informative and really nicely delivered. The beauty is you kept me for the whole video
Thanks :) much appreciated
Hi, I just started trading and I will add this video to my favorites just to watch it every time I feel buying on guessing or feeling greedy. Thank you !
Really good video and you are 100% right. I have lost like 50% of my money by doing the get rich quick . I will follow your advise . Thanks a lot again. 👍
I think most of us try the same tactics when we start :)
How are you doing now?
You're a good dude. You just saved me a lot of heartache. The 76% is a real thing. Copy Trading should only be done by folks who have capital and can tolerate that risk.
Man I just discovered your channel and I am loving your videos. You are such a great guy and give very informative advices, love your videos. You channel is definitly underrated too. Have a good day.
Thank you so much :)
You're incredibly lucid and intuitive in the topic you cover. Thanks
Truly this is one of the best advice I had on trading
Thanks for your feedback
For more info on cryptocurrency
+15137152060
For guidance
Well to respond 🚀
I enjoy your videos and I agree with what you've said but it's important to point out that the 76% refers to retail investor accounts losing money when trading CFDs, not necessarily when trading the underlying asset. I'm still very much a novice in this area but I think that's a fundamental difference. That said, your advice is still solid and there are so many panic buys and panic sells where people are trying to live the get rich quick dream!
exactly, most youtubers will do CFDs and they can lose money cause they have a lot of it and people want to do it as well and lose money. CFDs are not a wise invesment for a beginner, buy a stock and be patient, thats it, invest small and be patient, this is not a way to quickly get rich
Excellent film, very well delivered thanks! (FYI you pretty much said everything that is in line with my beginning trader goals/ideas/plans eg bigger invest safer trade)
Thanks for the video. Im just starting out on eToro and your advice really makes sense.
One of the most honest videos I've seen on youtube! Thanks!
Cheers Ollie! :)
Love your video, that's exactly how a newbee think. Patience is really important. I feel it's actually more important than making some money, to get your patience trained
Thanks for your honesty. After watching a couple of vlogs on how to start on Trading 212 as a beginner. I'm glad I stumbled across your video. Seems that 'Invest' and ISA's are relatively safe options but CFD is a different ball game, with the same stat of 76% losing. Seems long term gain is key and only lose what you can afford to!
You just earned 1 subscriber from me and I'm listening at 1.75x speed and still understood. Beautiful explanation!
When I first invested, I myself also have the mindset of getting rich real quick. I then begin to really watch and control myself knowing that getting rich quick is also losing money quick. Good video! Thanks so much for the advises!
Thanks for your feedback.
For more guidance
W..h..a..t..s..a..p..p
+ 1 ..6 ..1.. 3.. 9 ..0.. 9 ..8.. 3.. 7 ..5
This hit the nail on the head perfectly... It seems like everyone goes through the same stages when they start trading. It's like you described my journey too haha
It would be lovely if it was just a quick-fix money-making-machine :) but nope. It's a different kind of engine it seems.
and thanks!
Incredibly great advance. Thank goodness I have watched this at the beginning of my investment journey. All makes more sense now. Cheers
this is ht most honest video I've seen about copy trading and trading in general. thanks a lot
Love your honesty, i got a lot out of this video.
Thank you :)
I got an etoro ad lmao
But i didn't skip it because i love them xD
The only thing eToro's ads are successfully promoting at this point is UA-cam Premium!
Absolutely brilliant the way you're explaining yourself in the moment you had the "getting rich fast" mentality! Beautiful! Thank you for the video, maybe people will understand what trading forex and stocks is about now :)
this is probably the most direct, honest and realistic explanation that I saw regarding trading, amazing guy
Thank you for your kind advice, just discovered this trading platform and wondering how it works!
Hope it all goes really well for you! Thanks :)
i loved the sharing of advice and experienced. it's really true.
Thank you :)
The way you explain and showcase stats and experience is soo good, really enjoy that even now 2 years after the upload!
Thanks for your feedback.
For more guidance
W..h..a..t..s..a..p..p
+ 1 ..6 ..1.. 3.. 9 ..0.. 9 ..8.. 3.. 7 ..5
bro, more helpful and relatable than any video i've seen since i started. DONT MISS OUT is the mindset I had today so I bought 5 shares of a rising company and ended up losing a lot more than gains. THERE WILL ALWAYS BE ANOTHER CHANCE is what im going with now.
Thanks for this clip, exactly what i need to know for staring with Etoro
Thank you :) Much appreciated, and hope it all goes well!
The more you put in, the more you (can) get out. The ones who invest little sums onto things are always the ones expecting quick amazing results. lol Great video!
love your channel! Before I started on etoro I watched your videos!
Now I want to make my own videos about investing!
The reason I lost money in my first year was using leverage, now I have learnt!
Good luck to you Adam! :)
Thank you for this. It was the reality check I needed. I feel like a much wiser man after watching this. Please keep uploading videos!!!
The 76 % are relevant just for the CFD trading which does not include stock or crypto buying, that might be litte misleading..
isn't cfd illegal in the US
Yes, this is an important aspect to consider!
Absolutely correct - misleading to quote the 76%. Most people won't use eToro to trade CFDs.
not really when you consider that etoro is possibly most famous for its copy trading products and all copied trades are cfds. Also all leveraged or 'short' stock positions are CFDs. Only 'buy' positions which are using no leverage are the underlying asset...
yes, that's why etoro U.S Is crypto-only.
For me, getting ~5% ROI annually above inflation is great - if I could get that consistently, I could start from zero and retire in ~15 years. That's already much better than most of the population, who work until old age, and die poor. That in itself sounds like a goal worth pursuing. Once I'm there, retired in my 40s, I can start thinking how to get rich quickly ;)
Getting 20% APY would be amazeballs, meaning I could get there in ~4 years, rather than 15!
I really don't get people who scoff at these ROIs. Unless they're like terminally ill and have very limited time to become billionaires.
Binge watching your episodes the past few days, I am willing to start copy trading in the near future. Very helpful advices
The way you explain it is amazing, nice to see such content on youtube.
Thank you :)
Great content Thomas. Been on a similar journey and reached this more grounded outlook with your help. I found this compound interest calculator which is quite an eye-opener really. Check out what happens with an initial amount of 1000, adding 200 a month for 20 years with a return of 15% per year with profits compounded monthly. Total contributions would be 49,000 and the total value a whopping 319,000. There's a graph too that really brings home the fact that it takes a good few years for results to really be noticeable.
www.investor.gov/additional-resources/free-financial-planning-tools/compound-interest-calculator
@@BlissfulSilenceCome Nice :) I use this one sometimes (really simple but helps) www.forex21.com/forex-compounding-calculator/
Trading is not so simple. You cannot calculate an static value for each year. Using an filter for traders that have traded on eToro last 365 days more than 40 trades over 400k users with public profiles are only 26 traders that have 2016, 2017, 2018, 2019 with more than 5% profit in year in a row.
With 15% (your calculation) last 3 years in a row are only 7 traders on eToro with public profile and i hope you are copiying one of them without calculating that the past cannot guarantee the future.
From someone wanting to act on a lingering interest on trading. This is legitimately the best video on trading I've seen
Thank you, thank you, thank you!!! I was about to make the same mistake and some blog pointed me to you. I think you are truly sincere and trust worthy!
Kind of you to say :) Much appreciated.
Very relatable. I have just started and you have just pinpointed the exact things that are running inside my head.
Thanks for your feedback.
For more guidance
W..h..a..t..s..a..p..p
+ 1 ..6 ..1.. 3.. 9 ..0.. 9 ..8.. 3.. 7 ..5..
that's the best video I've seen so far about trading for beginners, thinking Long term is always the best !
Thank you :)
I love how honest he is! This is really helpful from a beginner's point of view
I really like your human and honest way of sharing your story. Not the common " look how much money I did in a year" chatter. Quite useful for people that like me, are just taking their first steps in trading in etoro
Thanks Juan :)
Thanks for your honest advice, Really like what you are saying and they way you deliver it. Cheers
Love your honesty! There’s too many videos with thumbnails of a guy with his mouth open in shock, holding a one hundred dollar bill with a Bitcoin sticker in the left hand corner.
hahaha 😂
Fantastic explanation, you've completely instilled the low risk, low reward mentality for me... So many mistakes I've made in the past.
Me too :) thank you
I used to bet for a living. I made good money but my turnover was 50,000 Eur/Month. To make money you need to PUT IN money. I see people betting with 10 Eur or 100 Eur expecting they will make money. It won't work. I can guarantee that. If you put in peanuts, you get peanuts. I used to make 3,000 Eur bets and that's why I was able to make money. Yeah, it's not a comfortable position to be in but you get what you put into it. I had days where I lost 5k in less than an hour. Not a good feeling. But I kept betting because I believed in my strategy. How much was my profit from 50k turnover a month you ask? 6k. 12%. It's not easy.
If you want to make quick money then crypto trading is where it's at. Easily 20% a month if you know what you are doing. I made 80% profit on my account when Bitcoin was crashing from 20k. And no, not from shorting. From going long! Stop and think about that for a moment. Everyone was panicking and I took advantage of it over that month. For experienced traders the crypto market is like taking candy from a baby. If you want to start trading, it's the place to be. The crypto market is 90% beginners and 10% professionals. Stocks is 90% professionals and 10% beginners. Good luck making money there. You will be outplayed at every turn. It's like fighting a professional boxer. The odds are stacked against you. Crypto is a golden opportunity for beginners. Go where the odds are in your favor.
Very sound advice from my experience also mate. And you always make it very accessible. It's very much a steady & humble mindset thing I've discovered. If you are a newbie this is a good log to follow people!
you're great, your accent is superb, thanks for the fantastic piece of advice, cheers from Argentina!
Mate your British accent reminded me good times that I spend in UK! Very friendly speech mate! Thanks for the info!
That piece about missing out is the absolute truth!
:)
You sound so real, so sincere, so experienced. Thanks for sharing your wonderful thoughts
Really kind of you to say :)
Fantastic explanation mate, thanks heaps for helping a friend out! You rock, Patience patience...
Kudos this guy is a genius and a very honest being he is always straight forward with his words, learned much from you😁😀 greetings from ph.
Thank you so much :)
What a brilliant and refreshing discussion, well done
Thank you :) I thought I might get in trouble for this one, but it turned out really well. I actually like this video too...
This was a great video, really sensible advice! Thank you
I liked your video man! You give advices with love and that's great.
Cheers Andreas :)
Using high leverage, over trading, no patience: people trying to get rich (like all the advertisements say you can on youtube etc), unrealistic time frames, not keeping to strategy's/disciplined trading. Even I am -2.49% so far this year so Im also included in that stat atm. Keep an eye on my etoro account though KOTrading, I will become the 24% Im confident of that :) Great to see you are learning quickly though Thomas.
Thanks for the feedback, and hope everything goes superbly!
Great Video, Thomas. I would love to switch it with the one i am using so far for new people joining my watchlist. Will ask you in more detail at eToro for your permission ;-)
Thanks :)
Just starting to get into trading and your videos help a lot so thanks! :)
Glad they're useful :) Cheers for watching them
Thanks you for this video. I knew it already but i really needed someone to tell me aswell! 😁
"(...) and with that lot of risk, comes a lot of risk" hahahhaa, loved that one :D so simple right, but we know, its money, its emotion :P
great advise and delivered in a very direct and friendly way. keep doing more videos. but work on your camera position a bit :)
Thanks for the feedback :) What's up with the camera position? Needs to be a little higher so it's not like I'm looking down?
@@SocialTrading imo the camera position in this video, wich is the first and single video I watched of you until now, it's really fine, really... From the video, some comments, and your humble worry, to ask, to keep improving, just got you another sub. Honesty always win in the end. Keep at it!!
Cheers Nelson :)
@@SocialTrading Yes, put camera at eye level so looking straight at it. Amazing how many experts on TV recently because of corona have awful positioned laptops/cameras and you are literally staring up their nostrils lol. Better position will help your neck :) Your viewers will appreciate too. Thanks for a really great vid! Great inspiration to not get caught up in thinking about get rich quick! True when u mention GRQ doesn't exist for most of us!
@@mihsta7 disagree. I think the camera position is unusual and interesting. Makes old mates content stand out.
Honest and from the heart, clearly. Thank you for your advice.
I can so relate to everything you said. I think it’s all part of the learning curve. Very happy now though 👍👍
Thanks for the eToro advice, which actually is a life advice. Subscribed.
Thanks for your feedback
For more info on cryptocurrency
+15137152060
Well to respond 🚀
Dude, you are so great. Really PUBLIC SERVICE with these kinds of videos. I appreciate. Much love for you and your loved ones.
Thank you and same to you! Very kind to say :)
Run into a two-hour-long Seminar of a Business School explaining the same thing. Really good advice.
So glad I found your channel. :) This is the kind of investing I want to do! 20% is remarkable. Thanks for sharing wisdom with people.
Thank you so much. hope everything goes well!
76% are losing money, 22% are breaking even and 2% are making a little money. Welcome to eToro!
Sobering stats. The markets are ediots proof. As they say, a fool and his money soon part. Golden rule of trading. Learn, research, trade and wait. Go long.
Sobering stats. The markets are ediots proof. As they say, a fool and his money soon part. Golden rules of trading. Learn, research, trade and wait.
Not a great advert for etoro. The only people making money from it are the people who plug it.
This is more relatable to me than my parents
:)
Not if you're from Alabama
Great video, love your honesty, and I think your overall sentiment is bang on. Have a flutter with 10%, but go sure and solid with the rest. I'm new to eToro so finding my feet, but this was a great video for me to not get overly excited. I think leverage is the demon to avoid.
Thanks so much :)
The part about FOMO was great .... good stuff man, great advice!
You look like a hollywood star! great advice i was able yo finish the video without being bored.
Could not agree more actually with this, that is exactly why most the money is lost. Retail trying to get rich quickly, chasing big winners and forcing it and it's not that
Also, not realising where you are in the process. This takes years and years to become proficient. Beginners believing they can be the top 24% and above at the start? Take a step back and realise how stupid that even sounds. Even if you come in during the right conditions for what you're doing, they then change and good luck turns to big mistake. What you're doing is learning not getting rich so don't throw huge money at it and realise where you are until a few years of being consistent over different conditions
yep. I reckon so.
Haha what a brilliant clip, I love it how transparent yet informative you were. Well done I enjoyed watching.
thanks for making all these videos - appreciate the knowledge & the warnings
thank you :)