Why do 3/4 people lose Money on Etoro? (Risks with CFD Trading)

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  • Опубликовано: 23 сен 2024

Комментарии • 42

  • @aarongorton1984
    @aarongorton1984 2 года назад +4

    its beter to buy pysical gold and delete etoro forever

  • @omaral-maitah181
    @omaral-maitah181 3 года назад +5

    Can you make a video about taxes ? How come dividends from different companies are taxed differently 😅 am so confused about taxes for non US citizens ( investors outside US)

    • @sidestreams6078
      @sidestreams6078  3 года назад +2

      Hey Omar, thanks for the idea!
      Taxes are a bit tricky since you pay taxes in your country and not to Etoro. So it really depends on your country. In NL, profits from investments are taxed separately from normal income.

  • @sisreview7609
    @sisreview7609 3 года назад +2

    Etoro is down right now :(( but as usual, still loving your editing skill that makes the video a lot more fun!

    • @sidestreams6078
      @sidestreams6078  3 года назад +1

      Glad you like the video! I didn't notice they are down. It's okay for me right now :)

    • @calibur5518
      @calibur5518 3 года назад

      its not , and stay alive and healthy ... maybe you just type ETRO ;)

    • @sidestreams6078
      @sidestreams6078  3 года назад

      @@calibur5518 :D

  • @aarongorton1984
    @aarongorton1984 2 года назад

    when i first started i lossed a shit ton of money on gold oil and etherium and energy transfer war with russia is booming everything now best time for etoro is now

  • @omaral-maitah181
    @omaral-maitah181 3 года назад +1

    Nice video 👌🏼 keep it up

  • @aarongorton1984
    @aarongorton1984 2 года назад +1

    if you use 5 times leverage thats cfd

  • @spiritofgoodmorals5172
    @spiritofgoodmorals5172 3 года назад +1

    Thanks ✌🏾

  • @prasit051
    @prasit051 3 года назад

    Thanks Rob

  • @gdydok3799
    @gdydok3799 3 года назад

    thanks for your great contents...... and I want to know about w-8ben form... to invest in us markets... from France... thanks

    • @sidestreams6078
      @sidestreams6078  3 года назад +1

      I'm glad you liked the video. I'm not sure if I've filled in w-8ben, I feel like Etoro asks it automatically.
      There is also discussion on reddit about this: www.reddit.com/r/Etoro/comments/ic2er9/w8ben_forms/

  • @aarongorton1984
    @aarongorton1984 2 года назад

    i dont wait a year too long for small gains i sell when its little over i make more this way

  • @SZN
    @SZN 3 года назад

    Is there any other stock apps you recommend?

    • @sidestreams6078
      @sidestreams6078  3 года назад

      If you want to invest in stocks you can try revolut or trading212 (I haven't tried them myself but heard good things about them)

  • @sammysam384
    @sammysam384 3 года назад

    So even without using leverage (x1) to invest in CFD, I still get overnight charges? Is the charges factored into my p&l showed in portfolio already?

    • @sidestreams6078
      @sidestreams6078  3 года назад

      yep, you get overnight charges for CFDs. you can see how much it is in the popup when you open a trade. I think it's factored in in the P&L, but I'm not 100% sure.

  • @asmrbully6980
    @asmrbully6980 3 года назад

    fbs trader vs etoro which do you think is better

    • @sidestreams6078
      @sidestreams6078  3 года назад

      haven't used fbs trader so I can't tell. Looks like a smaller player in the market :)

  • @aarongorton1984
    @aarongorton1984 2 года назад

    contract differences nearly all are cfds

  • @ahmadyousafzai6441
    @ahmadyousafzai6441 3 года назад

    Hey.. great videos. Have you looked into ProfitFarmers? Is it legit or just another get-rich-quick scheme?

    • @sidestreams6078
      @sidestreams6078  3 года назад +1

      thanks Ahmad! no, never heard of profitfarmers, but the name does sound like get-rich-quick scheme 😅

    • @ahmadyousafzai6441
      @ahmadyousafzai6441 3 года назад

      @@sidestreams6078 Haha that’s what worries me. If you ever look into it, I’d be grateful if you updated me or made a video on it. They’ve got great reviews on cryto sites, but I feel like those are paid ones. Thanks for the help, anyway.
      Love your videos, waiting for more

    • @sidestreams6078
      @sidestreams6078  3 года назад

      Cheers! I'll see if I dare to try it ;)

  • @KKKkiri
    @KKKkiri 2 года назад

    CFD = you take a revolving type of LOAN from the broker so you are obliged to pay interest from it and naturally they will make you THEIR asset. The fees will easily overcome 100% of your investment. Taking a loan to invest? What's wrong with it - I will keep that up to you. Conflict of interest.

  • @karlhanso
    @karlhanso 3 года назад

    avoid ETF, they slow to react to the market change best bets stocks and banks that pay dividents

    • @sidestreams6078
      @sidestreams6078  2 года назад

      Dividends are indeed more predictable, if you are okay with lower gains, but much more stable.

  • @aarongorton1984
    @aarongorton1984 2 года назад

    tbh its not worth doing you will never profit long term

  • @arslanali8939
    @arslanali8939 3 года назад

    ❤️❤️

  • @aarongorton1984
    @aarongorton1984 2 года назад

    dont forget withdrawal fees

  • @aarongorton1984
    @aarongorton1984 2 года назад

    that 71 percent is now 68 not 71 lol and youll always lose anyway

  • @febeomnibeepboop6367
    @febeomnibeepboop6367 6 месяцев назад

    i wish you would learn that you are a investor and not a trader. there is a difference, you dont know it which clearly shows in your videos

    • @sidestreams6078
      @sidestreams6078  6 месяцев назад

      Thanks for letting me know. And you are right, I looked it up just to be sure, there is a difference, but to me, the difference seems to be trivial. So no harm done!