Using The Right Trading Tools Stephen Was Able To Make More Than $12 Million
The 34-year-old is a leading trader in the online trading platform eToro, he says anyone can start trading.
Many people who come across Stephen during the day, won’t know that he manages more than $12 million trading fund by night. The 34-year-old is a leading trader in online trading platform eToro, He insists any can start trading. Stephen is one of the leading traders on the platform.
He insists that anyone can trade, and eToro provides the right platform to users.
When he started, it was just like a hobby. He started out with a demo account where he was given virtual currency to practice. The fact that his earnings have grown into six figures shows how far he has come.
“Anybody can start practicing with virtual money just like I did. I didn’t want to start with my real money and end up losing it. So I started with the practice account to understand the process,” said Stephen.
“After like two years, I started to understand the platform and how to trade. I put in some real cash totaling $3000, and I lost 50 percent of it.
“They advise you only to trade what you can afford to lose, and losing $1500 was a shock to me.
“I went back to my demo account, and I practiced some more.
Stephen is one of the leading traders on the eToro platform. He is currently managing more than $12 million in funds.
“I have more than 7000 people investing their money through me,” on the eToro Platform he added. “When I first reached a million, I was surprised.”
“I have lots of people messaging me on a daily basis. Each one with a new question. It takes me time to talk to everyone, but I try my best every day.
“I love making money for people. I recently helped a guy turn his $60,000 to $200,000. He messaged me the other day to tell me to thank you. He even mentioned he was taking his friends to the Bahamas for a trip.”
Stephen’s compensation is in six figures yearly.
“I really enjoyed the learning process and how far I have grown in trading. I am not just working for me; I am also working for others.”
“My growth each year has been astronomical. I acquired around 935% in the last calendar year. However, I don’t expect so much yearly. I start each year with a target of a 5% target, which is more realistic.
“Trading is the way for me, and it should be for everyone. It is very easy to trade. With a platform like eToro, it is, even more, easier to trade.”
Don’t trade with emotions
Trade with zero emotions. You have to understand how trading works and work accordingly. There are no emotions in trading. Understand the market, know the best practices and trade.
Learn the process first
Before you jump into the thick of things, you have to educate yourself first. You need to know what you are getting into. Know what you are doing and what to invest in. Learn how to read the charts, look at market signals, follow the news, and so on. You can also learn via demo accounts. Trade with virtual cash, before trading with the real thing.
In as much as you want to jump into trading, don’t be in haste. Trading is something you can’t jump into blindly. However, eToro makes it easy for even first time traders to benefit from trading. You can copy other people’s trade using the copy trade mechanism.
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