Michael Saylor Quantum Computing 2023

Not actually having the total of capital…Michael Saylor Quantum Computing… so with anything that you’re learning about please do study the platform do not just assume because i utilize it that you can use it right away do some due diligence have a little play around with it even invest with virtual money they consider that option also so you actually get utilized to the structure of the site and after that when you’re ready to utilize your own money to invest you can do so now i will disclaim obviously your capital is at threat this is investing we’re doing you’re purchasing genuine companies if you pick to in this particular video we’re talking about how to copy other people’s financial investments with your money so undoubtedly your capital is at risk and we have to bear that in mind do not simply do something since that individual has said they have actually made earnings 14 months in a row purchase these options due to the fact that you believe is the best ones for you which being said let’s dive directly in [Music] so the important things we’re going to cover in this video is understanding what is copy trading what are copy portfolios it becomes part of social trading which is one aspect that is most likely.

famous for it’s the alternative to see what other traders are doing unbelievable we don’t typically get that insight from a lot of platforms and the other advantage is these copy portfolios are copy trading therefore that indicates with our cash we can in fact state i want to do precisely what that trader is doing or match that specific portfolio of options and generally each time they make a trade they buy they sell whatever they do your cash will be simulated with it so that suggests if for example 10 of their financial investment portfolio is in tesla guess what you’ll now be investing 10 of your cash in so we’re going to likewise cover is the costs involved really crucial you understand what are the costs of this now with any platform there will be some cost to undoubtedly these are real business that are investing they’re doing the purchasing the selling for you there’s going to be charges included and even some of the zero charge websites then may not charge you for in fact buying and selling etfs or funds private commodities specific stocks.

there’ll be fees on other parts maybe it’s our fx rate when you’re altering from uk to u.s dollars there’s all type of charges associated so do your due diligence and i’m going to show you the charges with in particular in this video the next would be things to know before you actually start investing in copy trading or copy portfolios and finally some finest advice best practices if you are considering this as a tool whether you start your journey or your advanced financier so let’s begin with charges really essential to understand these now on there’s a couple of costs there isn’t fees to do with in fact buying and selling okay so commission costs are free however there are a number of other costs the first one is withdrawal charges so you can clearly put cash in now if you remain in the uk we put our uk money.

and it’s automatically converted into us dollars and i’ll cover a little point about that later on however when you wish to withdraw your money so you sell your shares you offer your commodities whatever you’re offering the minimum quantity you can withdraw is thirty dollars back out and they do charge you five dollars per withdrawal so for me of course knowing that i’m going to make sure that i’m only withdrawing when i definitely require to now you may state alright that’s rather pricey and i get that but it’s all to do with how they run their platform they need to charge fees somewhere and withdrawal charges are just among those choices that they have a great deal of platforms obviously are free to do such things has this five dollar charge so in my eyes make your withdrawals mostly it can be perhaps even once a year as soon as every 6 months you understand depends completely how you’re investing however that is a charge to remember the 2nd charge that i’ve touched upon is that conversion charge now with you’re dealing in us dollars only there’s not an option to buy in euros or uk and that’s fine that fits me.

a lot of my stocks are us dollar stocks anyhow or the etfs that i’m purchasing or perhaps some crypto so i’m good with that we have what’s called the fx currency conversion fee now when you use anybody so if you’re utilizing trading 2 and two free trade anyone at all this is standard they have i expect stuck to whatever charge they charge for that conversion rate you type of need to accept you understand if you want to use their platform go from uk to us then that conversion fee is there what are they actually offering you in terms of your uk pounds to us dollars and all platforms are the same you can’t haggle with them you can’t go to the bank and say give me us dollars rather you need to pay their fees now the excellent aspect of though when you’ve transformed your cash you do not have to invest it right now that dollar value can sit in your portfolio as cash dollars for as long as you like so that indicates the initial day that you buy or transform your dollars is the only charge that happens now with copy trading and copy portfolios there aren’t any additional charges so that’s really good using that part of their website will not certainly restrict you in any way however we need to know 2 other costs the very first being what’s called spread fees all right and i’m going to show you what i imply on now a spread fee as i’m going to reveal you Michael Saylor Quantum Computing.

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