At 25 years of ages, Etoro Practice Account Australia … I find myself eager to explore brand-new opportunities for financial growth and make my mark in the world of investing. One platform that has stimulated my interest is, a vibrant and user-friendly platform that uses a range of investment chances, including cryptocurrencies. Join me as I take you through my very first experience with Etoro, sharing the highs, the lows, and the lessons I found out along the way.
Starting:
As I embark on my journey to earn money on, the initial step is signing up on the platform. I visit the main website and rapidly find the “Register” button. The registration process is straightforward, requiring standard personal information and a favored password. Excitement constructs as I click the final button and officially end up being an member.
Navigating the Interface:
Upon logging into Etoro, I am greeted by a user-friendly and smooth user interface. The platform’s style instantly puts me at ease, as it is simple to navigate and aesthetically appealing. I invest some time checking out the various areas, from the watchlist to the trading markets, acquainting myself with the offered functions and financial investment choices.
Learning the Ropes:
While I consider myself tech-savvy, trading on is a new frontier for me. The platform provides a selection of academic resources to help newbies like myself get up to speed. I dive into the extensive knowing materials, including video tutorials and posts, which supply valuable insights into financial investment strategies, danger management, and market analysis. Armed with newfound understanding, I feel more positive in my ability to make educated investment choices.
Copying Successful Traders:
One feature that right away captures my attention is’s distinct social trading element. I check out the “CopyTrader” functionality, where I can select to follow and immediately reproduce the trades of successful financiers on the platform. This function not only uses a valuable learning experience however also permits me to potentially take advantage of the know-how of skilled traders while I establish my own trading skills.
prior to we kick things off I simply want to state that the content that will be discussed on this space is intended for details on educational functions only and ought to not be considered Monetary advice okay so due to international females’s day I’m joined by a very unique guest Julie Lee and for those that you do not know who Julia is Julia is an ETF equities investment strategist at phase 3 Global advisors and she has more than 20 years experience in the monetary markets and has worked in various functions including CIO for Australia equities fund and Equity strategist at Bell direct for 11 years and Julia is also on the board of directors for the Australian stock Brokers structure and has our masters of business in finance and Julia thanks a lot for joining me today we are delighted to have you here such a pleasure looking forward to it I am what amazing profession that you have actually had over the last twenty years um it’s quite excellent however maybe it’s best that you present yourself and tell us a little bit about who you are and what you do and I think you can do a much better job than I can sure so um I have actually remained in finance now for over twenty years
I am a little bit of a nerd um I think in my earlier years I was definitely an introvert but I would need to state of him quite an extrovert now however I’m also quite independent too um I am quite strong-willed that makes it a little bit challenging for hubby sometimes however I I do love the markets and I do like finding out also so I’m a little bit of a reader I like numbers and I think I’m a little bit of a late bloomer also I think yeah yeah and to the point that you have actually discussed 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 rather you’re put constantly out there putting yourself out there how did you shift in between that
sure I believe among the important things that people ask me or or get talked about a fair bit is that I appear to be a natural speaker that I’m rather good at public speaking but that certainly was not constantly the case and it was a found out ability for me so whether it was the um overcoming the nerves part or the part around body language or perhaps called The Positive walk I believe all of those were um sort of taught abilities so it definitely wasn’t something that came naturally to me and I worked really difficult I guess to obtain that ability of being able to speak um and I believe one thing that made a huge impression on me for somebody who was late Blue Moon introvert and relative really shy in my more youthful years was that everyone has the right to speak so to be able to express yourself in a manner that individuals understand I think was quite essential to me and um I think that’s why I worked at the school and hopefully I am far better at it now than I was when I began I would certainly 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 influence or was this something that you were simply constantly thinking about I would love to say that you understand I constantly understood what I was going to do which was Finance but that was not the case at all I can come back when I started working it wasn’t.
unusual simply to fall under your kind of work for me I really wished to be an attorney from the time I had to do with seven years old however at the time that I went to UNI there were many legal representatives that the unemployment 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 additional year of law school and then three years practicing as a lawyer and I thought oh that sort of seem like an extra ten years so I really ended and went up studying company at UTS so um comparable to a Commerce degree um however throughout uni I um I worked at an Italian dining establishment and then I attempted to open an Italian restaurant and to do that um I had to take out a loan with a NAB and really I needed to repay 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 pretty good yeah we’ll try we’re here we go and um you understand I was fortunate in that sense due to the fact that I I do enjoy the work I enjoy being able to understand organizations and to operate in a market where you’re continuously having the ability to keep up to date with what’s happening worldwide what’s happening in regards to improvements in innovation or biotechnology and science I think is an amazing thing so I love to read it and I never have a shortage of stories to read when it comes to the marketplaces yeah great and between transition from oh I may wish 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 use and after that start from there like how did that take place sure so um I guess when it concerns the finance world you sort of start everyone begins at a base level and after that you move into the area that you have an interest in my location of interest is constantly markets and I took the view that um you know when I began I didn’t wish to simply um just sort of I think sell something that I was initially associated with so I made a huge effort to stroll the walk and talk with talk and that indicates anything that I was speaking about I I made the effort to really trade myself or buy myself as well and I began in finance with the view that you understand in any profession or in any occupation it normally takes you about 2 or three years of finding out to understand the lessons included and what was taking place because type of world so I I began 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 timespan so in that timespan I sort of offered myself or I allowed myself the opportunity to lose money as I thought to myself for the two to 3 years um that the the goal wasn’t to make as much money as possible but the goal was to find out the skill of being able to generate income so that I can use it for the rest of my life so that was a great duration for me and I I found out a lot of lessons I looked into fundamental analysis technical analysis understanding companies taking a look at market analysis I also looked at things like options trading which is a lot more dangerous however that was a fantastic period where I I sort of laid the foundation of going into Equity method which I truly do delight in and the factor I take pleasure in being an equity strategist is I enjoy comprehending cycles and how that influence on various organizations and the various.
organization environments too so um yeah it’s been a a long journey however one I I’ve definitely um enjoyed so I have actually gone from providing um things like basic analysis technical analysis tax efficient investing choices to heading up a fundamental analysis system where I got to take a trip a lot to the United States and after that I transferred to Bell direct where I was Equity strategist there for 11 years and then moved to do my own funds management company birming invests which I sold in June and now here I am at State Street Global consultants and equities strategists for the ETF location well remarkable um throughout that duration when you mentioned um the two to 3 years of finding out how did you discover that your self-confidence was initially versus after the three years and how did you discover um the resources to uh inform yourself like nowadays we have podcasts um I make certain like before then we didn’t have a lot of resources available as we do now and was it through books or uni.
As I dive much deeper into my Etoro journey, I quickly understand the significance of handling risk successfully. With any investment, there is a level of uncertainty, and cryptocurrencies are well-known for their volatility. I put in the time to set clear financial investment goals and develop a risk management method.’s platform offers tools to assist me monitor and adjust my risk tolerance, making sure that I make calculated decisions aligned with my financial objectives.
Tracking Performance:.
One of the most interesting aspects of is the capability to track the performance of my financial investments in real-time. The platform offers in-depth analytics and portfolio insights, allowing me to keep an eye on the progress of my trades and make adjustments as required. This feature offers invaluable feedback, enabling me to refine my trading methods and optimize my performance gradually.
The Emotional Rollercoaster:.
Investing, specifically in the busy world of cryptocurrencies, can be a psychological rollercoaster. The exhilaration of an effective trade is tempered by the frustration of a loss. Throughout my journey on Etoro, I discover the importance of maintaining a level head, managing my feelings, and preventing impulsive choices based upon short-term market fluctuations. Perseverance and a long-term viewpoint become my guiding concepts.
Conclusion:.
My very first experience with has actually been a thrilling and instructional journey. From the initial sign-up process to checking out the platform’s functions and making my first trades, I have actually acquired valuable insights into the world of investing and cryptocurrencies.’s easy to use user interface, educational resources, and social trading functionality have actually provided me with a strong structure for my financial undertakings. As a 25-year-old ambitious investor, Etoro has.