Show HN: My cofounder and I created a social platform for investment ideas

Re:Show HN: My cofounder and I created a social platform for... by aqme28 on Wednesday April 21, 2021 @06:04PM (#26896011)

I just spent five minutes looking at eToro's landing page and I cannot figure out what that site does.

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Re:Show HN: My cofounder and I created a social platform for... by XCSme on Saturday April 24, 2021 @11:38AM (#26925665)

I use eToro and I like it.

It allows you to automatically copy trades done by the others. So instead of trading $10k yourself, you automatically mirror the trades done by an experienced trader.

The platform allows you to find and follow many top-performing traders (eg. that usually obtain 20%-50% trading profit during a year). So you just "follow" them and you can forget about it. Personally I'm at 50% profit by following only one guy for about 2 years.

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Re:Show HN: My cofounder and I created a social platform for... by XCSme on Saturday April 24, 2021 @11:39AM (#26925677)

As a note, this is the guy that I follow, you can see his trading history: https://www.etoro.com/people/jeppekirkbonde/stats

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Re:Show HN: My cofounder and I created a social platform for... by high_byte on Wednesday April 21, 2021 @07:01PM (#26896470)

supposedly Facebook for stock market. more like Twitter imo.

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Re:Show HN: My cofounder and I created a social platform for... by XCSme on Saturday April 24, 2021 @11:41AM (#26925697)

No, that's not the gist. The main idea is that you can mirror the trades done by someone, by doing copy-trading. It is a lot better for unexperienced traders to just follow someone that knows what he's doing and let them trade for them.

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