March 17, 2017 by Andrew Minalto - 237 Comments

£1349 Last Month on eToro, Working Just 4h!

Hello Everyone!

This week I have prepared something very special for you – let’s put aside eBay, wholesale and eCommerce for awhile and take a look at one specific way of making money online I have been practising with great success for the last few months. Yes, I’ll share with you exact strategy that generated me £1349 in ONE MONTH alone, and yes – I worked on this just 4 hours in total (1 hour every week)!

Question: How to get extremely wealthy? As wealthy as Warren Buffett for example?

Answer: by using Money to Make More Money!

In some way it relates to eCommerce World as well – we buy stock for wholesale prices and sell for retail prices to make a profit. But Warren Buffett didn’t open a B&M shop or a fast food restaurant chain, no – he used money to invest in financial instruments, such as stocks and shares. I have always been interested in such financial markers, stock trading and generally, in “using money to make more money” concept. Years ago I was heavily involved in Betfair trading, which is actually quite similar to stock market day trading. But already back then I realized that day trading is not for me:

  • It was a very boring way of spending your day, glued to PC;
  • It was very stressful;
  • Potential earnings were some way limited, at least for my trading techniques.

But still to this day, from time to time, I was looking for opportunities to invest money to make more money. With increased profits from my info products business and eCommerce stuff, I wanted to find a way I could invest my profits into some sort of financial instruments to let my money make more money, hands free way!

Problem is that with most traditional financial investment instruments, such as stocks, mutual funds, savings accounts etc. your potential ROI is very small. Risks vary from one instrument to other but in general, in my opinion, reward for taking those risks is way too small! Invest in dividend paying stocks for 5% yearly ROI? 5% per year? I would better use that money to buy a pallet of un-branded Tablets, made in China and sell off in 3 months time for 20-30% ROI on eBay. Yes, selling physical products involve way more work than financial investments but again, 5%-10% yearly returns doesn’t sound appealing to me either!

And then it happened – six months ago or so, when I was searching for some creative ways to invest money, I found a concept that totally blew my mind away! Same concept that few months later made me £1349 net profit in one month alone!!! And today, I’ll share with you exactly how I did it… (more…)

February 6, 2017 by Andrew Minalto - 6 Comments

eToro’s “CopyFunds” – The Easiest Way to Make Money with Trading?

I personally discovered and starting using eToro more than 5 years ago now and my trading journey (with all its ups and downs) has been well documented on this blog. And it’s proved to be of HUGE interest to my blog readers – I get numerous emails every week about eToro, with people asking questions on how to get started and how to find the best traders to copy.

If you haven’t been following my eToro story and would like to catch up, then please take a read through these posts:

£1349 on eToro Last Month, Working Just 4 Hours! – here I introduce eToro, explain what it’s all about and what I find so amazing and attractive about their Copy Trader feature.

My eToro Trading Strategy – Updated for 2013 – in my first update post I reveal my actual trading results! True to form, I don’t hide behind theory or try to hide my mistakes – the opposite, I share exactly what I did with you so you can have the same success and hopefully do even better by avoiding my mistakes!

My 2015 eToro Investment Update – the third of my eToro posts focuses on the layout of the site and all the different stats you’re shown about each trader.

eToro 2016 Review + My Results – after many requests, I created a complete eToro Guide for 2016. This includes information on how to open an account, how to deposit and withdraw money, a complete introduction to eToro and how it works, as well as full details on the personal investment strategy I used to double my money within one year of starting on eToro!

If you don’t want to read all 4 of my previous posts, then just the 2016 update covers EVERYTHING you need to know – it really is a complete and comprehensive guide!

So what’s today’s post all about?

Well it’s not a full results update (that will come later in the year!), but I did want to tell you about an exciting new feature that was introduced to eToro last year… called CopyFunds.

Now you’ve probably all heard of a fund before in terms of trading/investing – think of hedge funds for example. But to put it as simply as possible, a fund is basically a diversified investment portfolio.

If that doesn’t really make sense to you, let me quickly run through an example:

Say I’m an investor, with $100,000. I could put that all into AAPL (Apple stock) which would be a single investment. Or I could diversify and invest $20,000 in AAPL, $20,000 in GOOGL (Google), $30,000 in BABA (Alibaba) and $30,000 in AMZN (Amazon). Or I could split that $100,000 between 20 different companies… that’s basically what a fund is – it’s an investment portfolio, rather than a single investment. (more…)

March 29, 2016 by Andrew Minalto - 59 Comments

eToro REVIEW for 2016 + My Results & Update!

Back in 2012, I wrote an article on this blog about how I had made £1349, working just 4 hours, using eToro – a revolutionary new concept of social investing.

And to this day, that article remains one of the most popular posts I’ve ever published on this blog!

Since then I’ve posted two further updates (after the large demand and requests to do so) – one for 2013 and most recently for 2015. If you’ve never heard of eToro or social investing before, then I strongly recommend you read through my previous posts, starting from the beginning:

The first post explains what eToro is all about, and what I find so amazing about their Copy Trader feature. I also go over my general investment strategy and goals.

The second article is an update I did in 2013 – here I reveal all that I discovered (both good and bad) after my first full year of using eToro. And as usual I don’t sugar-coat anything or try to hide my own mistakes – the opposite in fact! In this update I talk specifically about the mistakes I made and how you can avoid doing the same things.

The third and final of my previous eToro updates covered all the changes to the layout and stats page – which is really the most important aspect of the site when using the Copy Trader function.

So on to today’s post and update for 2016! I actually want to start off today’s update with a short guide on opening an eToro account, as it’s something that I’ve received a lot of questions about.

Opening and Verifying Your eToro Account

Creating an account is 100% free and actually very easy – initially it’s the same as making any online account really, all you need to provide is a username, password, email address, and phone number:

open-etoro-accountAfter that you’ll be able to log in, browse the site, and search for traders.

The “difficult part” comes when you want to actually start trading or copying another trader, as you’ll then be prompted to update your profile before you can proceed. (more…)

February 19, 2015 by Andrew Minalto - 45 Comments

My 2015 eToro Investment Update!

etoro-2015

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I have a NEW – 2016 UPDATE for eToro Trading!!! Click on the Link BELOW:

eToro REVIEW for 2016 + My Results & Update!

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It’s finally here – the long awaited eToro trading update for 2015! I know that many of you have been waiting for an update from me on eToro since last year and I’m very sorry that it took so long for me to get this done. You know how it goes – there are always too many tasks on your plate and there have always been other topics of higher priority that I needed to cover on my blog.

But as it turns out, I’m actually very glad that I didn’t write this update earlier as just last week, eToro launched a brand new, totally revamped stats page, which we’ll cover later on in this post. So this will be the latest, most up to date material you could wish for.

For those people who are totally new to eToro and don’t know what this is all about, I recommend you check out these two posts first:

The first post describes what eToro trading is all about and will give you a basic understanding of how this works and the principles behind my investment plan, which utilises the Copy Trader function on eToro.

The second article is an update I did in 2013 in which I go over all my discoveries, tips and tricks (as well as mistakes!) – everything that I learned during the early days of my investing career.

Both of those posts are very valuable and still valid in 2015. There are some technical changes that I will cover in this blog post but the overall strategy of copying low risk traders remains the same, as I’m simply looking for a relatively safe investment form with higher gains than bank deposits or property rental.

Ok, so let’s cover the latest news on eToro and take a look at how my investment is getting on in 2015!

Deposits/Withdrawals

etoro-depositsI really wanted to start my update on this topic as there seems to be a lot of misconceptions and false information floating around the net; people saying that eToro didn’t let them withdraw money from their account and other such nonsense. First of all, let’s cover the basics of uploading money to your eToro account.

Once you have registered for your free account, you can go to the Cashier section and upload funds in various ways:

  • Credit card
  • PayPal
  • Skrill
  • Neteller
  • Webmoney
  • Wire transfer (bank transfer)

The minimum deposit amount is $50, apart from wire transfer, where the minimum is $500. (more…)

March 21, 2013 by Andrew Minalto - 99 Comments

My eToro Trading Strategy – Update for 2013

 

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I have a NEW – 2016 UPDATE for eToro Trading!!! Click on the Link BELOW:

eToro REVIEW for 2016 + My Results & Update!

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I have been getting many requests from my blog readers to write this post, so here it is – my overview of trading on eToro over the past 12 months using my rather simple eToro Trading System!

The Results

This is for the period from March 2012 – February 2013 (included) – the last 12 months.

I started with a £10k deposit at the end of 2011. Currently my bank account stands at £20k+. This was achieved in the space of around 14 months.

Is it a good profit to have on a passive investment? You bet it is! I’m very happy and even actually surprised that I managed to keep my head well above water at the end of the year considering I made two stupid mistakes which I will cover later in this post.

When I first started trading on eToro my idea was to make 10% profit (+/-) each month. In reality that turned out to be mission impossible. I know, I know – greedy me! But over the last year spent following traders and seeing how good traders can go down the drain in a matter of just a few days, I realised that whatever I do, I won’t be able to predict such situations and un-copy in time, just before disaster strikes.

A 10% monthly yield would mean a 313% yearly yield (remember, monthly results would accumulate so it’s not just 120%). My result is 80.5%, which is roughly 25% of my initial goal. If we look at my eToro trading experience from this point of view, I have failed miserably. But then again, I’m more realistic now than I was a year ago.

If you ask me today, I’d say that by following my eToro trading system, you can achieve a 30%-100% yearly gain, probably 100% being a very lucky case. Even with 80% I consider myself very lucky. Realistically, 30%-60% is probably what you’re looking at.

Is it good or bad ROI? Depends on how you look at it – I could probably make way more by investing that money in stock and selling on eBay, but that would require way more time and effort on my part. eToro trading is all about passive income – I really don’t spend more than 1-2 hours a week on this, just enough to monitor current traders, cancel bad ones and spot rising stars. So it’s not really comparable. (more…)