At 25 years old, Freetrade Vs Etoro Denmark … I discover myself eager to explore brand-new avenues for financial development and make my mark on the planet of investing. One platform that has actually stimulated my interest is, a dynamic and easy to use platform that uses a variety of financial investment opportunities, consisting of cryptocurrencies. Join me as I take you through my very first experience with Etoro, sharing the highs, the lows, and the lessons I learned along the way.
As I embark on my journey to make cash on, the first step is signing up on the platform. Excitement develops as I click the final button and formally become an member.
Navigating the Interface:
Upon logging into Etoro, I am greeted by a user-friendly and streamlined interface. The platform’s style instantly puts me at ease, as it is easy to browse and aesthetically enticing. I invest some time exploring the different areas, from the watchlist to the trading markets, familiarizing myself with the offered features and investment alternatives.
Learning the Ropes:
While I consider myself tech-savvy, trading on is a brand-new frontier for me. The platform provides an array of academic resources to help beginners like myself get up to speed. I dive into the substantial knowing materials, consisting of video tutorials and posts, which provide important insights into investment methods, risk management, and market analysis. Equipped with newfound knowledge, I feel more positive in my ability to make educated investment decisions.
Copying Successful Traders:
One function that instantly captures my attention is’s distinct social trading aspect. I explore the “CopyTrader” functionality, where I can choose to follow and instantly reproduce the trades of successful investors on the platform. This function not just provides an important knowing experience however also enables me to possibly benefit from the competence of seasoned traders while I establish my own trading abilities.
prior to we kick things off I just want to state that the material that will be gone over on this space is intended for information on educational functions just and ought to not be thought about Financial suggestions alright so because of worldwide females’s day I’m signed up with by a very unique guest Julie Lee and for those that you don’t understand who Julia is Julia is an ETF equities financial investment strategist at phase 3 International advisors and she has more than twenty years experience in the financial markets and has actually worked in numerous roles consisting of CIO for Australia equities fund and Equity strategist at Bell direct for 11 years and Julia is likewise on the board of directors for the Australian stock Brokers foundation and has our masters of business in finance and Julia thanks so much for joining me today we are delighted to have you here such a satisfaction looking forward to it I am what fantastic profession that you’ve had more than the last 20 years um it’s quite remarkable however perhaps it’s finest that you introduce yourself and inform us a little bit about who you are and what you do and I think you can do a much better task than I can sure so um I’ve been in financing now for over 20 years
I am a bit of a nerd um I believe in my earlier years I was certainly an introvert however I would have to say of him very much an extrovert now however I’m likewise rather independent too um I am quite strong-willed that makes it a little bit challenging for hubby sometimes but I I do like the markets and I do like learning too so I’m a little bit of a reader I like numbers and I guess I’m a little a late bloomer too I think yeah yeah and to the point that you have actually mentioned that you’re an introvert and how I think I was an introverted introverted yeah of course you’re you’re now an extrovert but how did you how did you shift between that and you’re quite you’re put constantly out there putting yourself out there how did you transition between that
sure I think one of the important things that people ask me or or get discussed quite a bit is that I seem to be a natural speaker that I’m quite proficient at public speaking however that definitely was not always the case and it was a learned skill for me so whether it was the um overcoming the nerves part or the part around body movement and even called The Confident walk I think all of those were um sort of taught skills so it definitely wasn’t something that came naturally to me and I worked extremely hard I guess to acquire that ability of being able to speak um and I think one thing that made a very big impression on me for somebody who was late Blue Moon introvert and relative really shy in my younger years was that everyone has the right to speak so to be able to reveal yourself in such a way that people understand I think was quite important to me and um I guess that’s why I operated at the school and ideally I am much better at it now than I was when I began I would absolutely say so um and how did you can you tell us a bit about how you began in um Financing like why did you choose a profession in finance and what was the the very first point of contact in the monetary world existed an adult impact or was this something that you were simply always interested in I would love to state that you know I always understood what I was going to do which was Financing however that was not the case at all I can come back when I began working it wasn’t.
uncommon just to fall under your profession for me I in fact wished to be a lawyer from the time I had to do with 7 years old but at the time that I went to UNI there were numerous legal representatives that the joblessness rate with law was so high that you had to do a double degree um so that was sort of 5 years of a double degree plus an extra year of law school and after that 3 years practicing as a solicitor and I thought oh that sort of sounds like an additional 10 years so I in fact ended and went up studying service at UTS so um similar to a Commerce degree um but throughout uni I um I worked at an Italian restaurant and after that I attempted to open an Italian restaurant and to do that um I had to get a loan with a NAB and truly I required to pay back that loan when it didn’t work out so um I I saw an ad in the paper and it said do you wish to be a stock broker and I thought oh yeah that sounds respectable yeah we’ll give it a go we’re here we go and um you understand I was fortunate in that sense because I I do enjoy the work I like being able to understand businesses and to work in a market where you’re continuously having the ability to maintain to date with what’s happening in the world what’s occurring in terms of developments in innovation or biotechnology and science I believe is an amazing thing so I enjoy to read it and I never ever have a lack of stories to check out when it concerns the marketplaces yeah fantastic and in between shift from oh I might want to be a stock broker how did you become state inequities financial investment strategist how did that take place um existed.
did you work your way as much as a certain position or did you simply apply and then start from there like how did that take place sure so um I guess when it comes to the finance world you sort of start everybody begins at a base level and after that you move into the location that you’re interested in my location of interest is always markets and I took the view that um you know when I started I didn’t wish to just um simply sort of I think sell something that I was at first involved in so I made a huge effort to walk the walk and speak with talk and that implies anything that I was discussing I I made the effort to really trade myself or purchase myself also and I started in finance with the view that you understand in any occupation or in any occupation it generally takes you about 2 or three years of finding out to understand the lessons involved and what was happening in that type of world so I I started an investment journal with the view that um you know I wanted to learn as much about investing as possible in a sort of 2 to 3 time frame so in that amount of time I sort of provided myself or I permitted myself the opportunity to lose money as I believed to myself for the two to 3 years um that the the goal wasn’t to make as much cash as possible but the objective was to discover the skill of having the ability to make money so that I can use it for the rest of my life so that was a great period for me and I I discovered a lot of lessons I looked into essential analysis technical analysis understanding services taking a look at market analysis I likewise looked at things like alternatives trading which is a lot more risky however that was a great duration where I I sort of laid the foundation of entering into Equity technique which I really do delight in and the factor I enjoy being an equity strategist is I like comprehending cycles and how that effect on different organizations and the various.
service environments too so um yeah it’s been a a long journey however one I I’ve certainly um enjoyed so I’ve gone from presenting um things like fundamental analysis technical analysis tax efficient investing options to heading up a basic analysis unit where I got to take a trip a lot to the United States and after that I moved to Bell direct where I was Equity strategist there for 11 years and then transferred to do my own funds management service birming invests which I offered in June and now here I am at State Street Global equities and advisors strategists for the ETF area well remarkable um during that period when you pointed out um the two to 3 years of learning how did you find that your confidence was initially versus after the 3 years and how did you find um the resources to uh inform yourself like nowadays we have podcasts um I’m sure like prior to then we didn’t have a lot of resources available as we do now and was it through books or uni.
I take the time to set clear investment objectives and establish a risk management method.’s platform supplies tools to help me keep track of and adjust my threat tolerance, guaranteeing that I make computed decisions lined up with my monetary objectives.
Among the most exciting elements of is the ability to track the performance of my investments in real-time. The platform provides comprehensive analytics and portfolio insights, enabling me to keep track of the development of my trades and make changes as needed. This feature provides indispensable feedback, allowing me to refine my trading strategies and enhance my efficiency gradually.
The Psychological Rollercoaster:.
Investing, especially in the hectic world of cryptocurrencies, can be a psychological rollercoaster. The exhilaration of a successful trade is tempered by the frustration of a loss. Throughout my journey on Etoro, I learn the significance of preserving a level head, managing my feelings, and preventing spontaneous choices based on short-term market changes. Perseverance and a long-lasting viewpoint become my directing principles.
From the preliminary sign-up procedure to checking out the platform’s functions and making my very first trades, I have actually gotten valuable insights into the world of investing and cryptocurrencies.’s easy to use user interface, instructional resources, and social trading performance have provided me with a solid foundation for my monetary ventures.