At 25 years old, Etoro Copy Trading Australia Tax … I find myself excited to explore brand-new opportunities for financial development and make my mark on the planet of investing. One platform that has actually piqued my interest is, a vibrant and user-friendly platform that provides a variety of financial investment chances, consisting of cryptocurrencies. Join me as I take you through my first experience with Etoro, sharing the highs, the lows, and the lessons I discovered along the way.
As I start my journey to earn money on, the first step is signing up on the platform. I visit the official website and rapidly find the “Sign Up” button. The registration procedure is straightforward, requiring basic individual info and a favored password. Excitement constructs as I click the last button and formally end up being an member.
Browsing the Interface:
Upon logging into Etoro, I am greeted by a intuitive and sleek user interface. The platform’s design right away puts me at ease, as it is easy to navigate and visually attractive. I spend some time checking out the different areas, from the watchlist to the trading markets, acquainting myself with the available functions and investment choices.
Learning the Ropes:
The platform offers a selection of educational resources to help beginners like myself get up to speed. Armed with newly found knowledge, I feel more confident in my capability to make educated investment choices.
Copying Effective Traders:
One function that right away catches my attention is’s unique social trading element. I check out the “CopyTrader” performance, where I can pick to follow and immediately duplicate the trades of successful investors on the platform. This function not just uses a valuable learning experience however also enables me to potentially benefit from the knowledge of seasoned traders while I establish my own trading abilities.
before we kick things off I simply wish to state that the material that will be talked about on this area is intended for details on instructional purposes only and should not be thought about Monetary guidance alright so because of worldwide ladies’s day I’m joined by a very special visitor Julie Lee and for those that you do not know who Julia is Julia is an ETF equities investment strategist at stage 3 Global advisors and she has more than twenty years experience in the monetary markets and has actually operated in numerous roles 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 company in financing and Julia thanks a lot for joining me today we are delighted to have you here such an enjoyment anticipating it I am what fantastic career that you’ve had more than the last 20 years um it’s rather impressive however maybe it’s finest that you present yourself and tell us a bit about who you are and what you do and I believe you can do a much better task than I can sure so um I have actually remained in finance now for over twenty years
I am a little a nerd um I believe in my earlier years I was certainly an introvert however I would need to say of him very much an extrovert now however I’m likewise quite independent also um I am rather strong-willed that makes it a little bit tough for hubby in some cases but I I do enjoy the markets and I do enjoy discovering also so I’m a bit of a reader I like numbers and I think I’m a little a late bloomer too 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 shy 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 continuously out there putting yourself out there how did you transition in between that
sure I think among the important things that people ask me or or get discussed quite a bit is that I appear to be a natural speaker that I’m rather good at public speaking but that certainly was not always the case and it was a discovered skill for me so whether it was the um getting over the nerves part or the part around body language and even called The Positive walk I think all of those were um sort of taught abilities so it definitely wasn’t something that came naturally to me and I worked very difficult I think to acquire that ability of having the ability to speak um and I think one thing that made a huge impression on me for somebody who was late Blue Moon introvert and relative truly shy in my more youthful years was that everyone has the right to speak so to be able to express yourself in such a way that people comprehend I believe was quite crucial to me and um I think that’s why I worked at the school and hopefully I am much better at it now than I was when I began I would definitely say so um and how did you can you tell us a little bit about how you began in um Finance like why did you choose a profession in financing and what was the the very first point of contact in the financial world was there an adult impact or was this something that you were simply constantly interested in I would enjoy to say that you know I always knew what I was going to do and that 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 into your profession for me I really wanted to be a lawyer from the time I had to do with seven years old however at the time that I went to UNI there were a lot of lawyers 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 three years practicing as a lawyer and I believed oh that sort of sounds like an additional ten years so I actually ended and went up studying business at UTS so um comparable to a Commerce degree um but 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 needed to secure a loan with a NAB and really 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 know I was lucky because sense since I I do enjoy the work I enjoy having the ability to understand services and to work in a market where you’re continuously having the ability to keep up to date with what’s taking place worldwide what’s happening in regards to developments in technology or biotechnology and science I think is an amazing thing so I like to read it and I never have a scarcity of stories to read when it comes to the marketplaces yeah great and in between transition from oh I might want to be a stock broker how did you end up being say inequities financial investment strategist how did that happen um was there.
did you work your way as much as a specific position or did you simply use and after that start from there like how did that happen sure so um I think when it comes to the financing world you sort of start everybody begins at a base level and then you move into the location that you have an interest in my location of interest is constantly markets and I took the view that um you understand when I started I didn’t want to just um simply sort of I think offer something that I was initially associated with so I made a huge effort to walk the walk and talk to talk and that implies anything that I was discussing I I made the effort to actually trade myself or buy myself too and I began in financing with the view that you know in any occupation or in any occupation it normally takes you about 2 or 3 years of learning to understand the lessons involved and what was happening in that type of world so I I started a financial investment journal with the view that um you understand I wanted to find out as much about investing as possible in a sort of 2 to 3 timespan so because amount of time I sort of offered myself or I allowed myself the chance to lose cash as I believed to myself for the two to three years um that the the goal wasn’t to make as much money as possible but the goal was to learn the ability of having the ability to earn money so that I can use it for the rest of my life so that was a terrific duration for me and I I discovered a lot of lessons I delved into basic analysis technical analysis understanding services looking at industry analysis I likewise took a look at things like alternatives trading which is a lot more dangerous however that was a terrific period where I I sort of laid the foundation of going into Equity technique which I truly do delight in and the reason I delight in being an equity strategist is I enjoy understanding cycles and how that impacts on different businesses and the various.
service environments as well so um yeah it’s been a a long journey however one I I have actually definitely um taken pleasure in so I’ve gone from providing um things like basic analysis technical analysis tax effective investing options to directing an essential analysis system where I got to travel a lot to the US and then I relocated to Bell direct where I was Equity strategist there for 11 years and then moved to do my own funds management service birming invests which I sold in June and now here I am at State Street Global advisors and equities strategists for the ETF location well fantastic um during that period when you pointed out um the two to three years of discovering 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 offered as we do now and was it through books or uni.
I take the time to set clear investment objectives and establish a threat management strategy.’s platform supplies tools to help me monitor and change my danger tolerance, making sure that I make computed choices aligned with my financial goals.
One of the most exciting aspects of is the capability to track the efficiency of my investments in real-time. The platform provides detailed analytics and portfolio insights, permitting me to monitor the progress of my trades and make adjustments as needed. This function provides important feedback, allowing me to fine-tune my trading strategies and enhance my performance over time.
The Emotional Rollercoaster:.
Investing, especially in the hectic world of cryptocurrencies, can be a psychological rollercoaster. The excitement of a successful trade is tempered by the dissatisfaction of a loss. Throughout my journey on Etoro, I discover the value of maintaining a level head, handling my feelings, and avoiding spontaneous choices based upon short-term market fluctuations. Perseverance and a long-lasting point of view become my guiding concepts.
From the preliminary sign-up process to checking out the platform’s features and making my first trades, I have gained important insights into the world of investing and cryptocurrencies.’s user-friendly interface, instructional resources, and social trading functionality have actually supplied me with a strong foundation for my monetary endeavors.