Error Undeclared Identifier Tradingview Pine – 0% Commission on Stocks

We get htis a lot on our site the answer to Error Undeclared Identifier Tradingview Pine….Concerns that i speak with new investors what if you’re brand new to investing you just don’t wish to decide what you actually want to invest and you want somebody to do it for you there’s just a number of ways that that can happen the firstly you can hire a financial investment portfolio manager they’ll typically charge a quite a high premium to do that possibly one or two percent of your profits will go to them the other thing is naturally you can purchase mutual funds particular funds are created again with an account manager in the background as i’m going to cover in this video they have a service though that’s called copy trading copy portfolios as well now if you’re brand new to a total please keep in mind this platform is quite advanced you can do cfds which naturally cfds are ways of investing

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with not in fact having the total of capital so with anything that you’re finding out about please do study the platform don’t just presume due to the fact that i use it that you can use it immediately do some due diligence have a little experiment with it even invest with virtual cash they consider that choice also so you actually get used 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 risk this is investing we’re doing you’re purchasing real companies if you pick to in this particular video we’re speaking about how to copy other people’s financial investments with your money so obviously your capital is at danger and we have to bear that in mind do not simply do something since that person has actually stated they have actually made earnings 14 months in a row buy these options since you believe is the right ones for you and that being stated let’s dive straight in [Music] so the things we’re going to cover in this video is comprehending what is copy trading what are copy portfolios it belongs to social trading which is one element that is probably.

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well-known for it’s the choice to see what other traders are doing unbelievable we don’t generally get that insight from a lot of platforms and the other benefit is these copy portfolios are copy trading and so that means with our cash we can actually say i want to do precisely what that trader is doing or match that precise portfolio of alternatives and generally each time they make a trade they purchase they offer whatever they do your money 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 charges involved truly crucial you understand what are the expenses of this now with any platform there will be some cost to undoubtedly these are genuine business that are investing they’re doing the purchasing the selling for you there’s going to be charges included and even a few of the no fee websites then might not charge you for in fact buying and selling funds or etfs individual commodities individual stocks.

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there’ll be costs on other parts possibly it’s our fx rate when you’re altering from uk to u.s dollars there’s all type of costs 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 understand prior to you actually begin buying copy trading or copy portfolios and lastly some finest recommendations finest practices if you are thinking of this as a tool whether you start your journey or your more advanced financier so let’s kick off with fees actually important to comprehend these now on there’s a number of costs there isn’t costs to do with in fact buying and selling alright so commission costs are complimentary nevertheless there are a couple of other charges the very first one is withdrawal costs so you can clearly put cash in now if you’re in the uk we put our uk cash.

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and it’s immediately converted into us dollars and i’ll cover a little point about that later on however when you want to withdraw your cash so you sell your shares you offer your commodities whatever you’re selling the minimum amount you can withdraw is thirty dollars back out and they do charge you five dollars per withdrawal so for me naturally understanding that i’m going to make certain that i’m only withdrawing when i definitely need 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 have to charge fees someplace and withdrawal costs are just among those options that they have a lot of platforms obviously are totally free to do such things has this five dollar charge so in my eyes make your withdrawals mainly it can be maybe even once a year when every 6 months you know depends totally how you’re investing however that is a charge to keep in mind the 2nd fee that i have actually discussed is that conversion cost now with you’re dealing in us dollars just there’s not an option to buy in euros or uk which’s fine that fits me.

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a great deal of my stocks are us dollar stocks anyway or the etfs that i’m purchasing or even some crypto so i’m excellent with that we have what’s called the fx currency conversion charge now when you use anybody so if you’re utilizing trading two and 2 open market anyone at all this is standard they have actually i suppose stuck to whatever cost they charge for that conversion rate you kind of need to accept you understand if you wish to use their platform go from uk to us then that conversion charge exists what are they in fact giving 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 offer me us dollars rather you have to pay their fees now the great aspect of though when you’ve converted your money you do not need to invest it right now that dollar value can being in your portfolio as cash dollars for as long as you like so that suggests the preliminary day that you buy or convert your dollars is the only charge that happens now with copy trading and copy portfolios there aren’t any extra charges so that’s truly great using that part of their website will not certainly restrict you in any way however we need to understand two other costs the first being what’s called spread costs alright and i’m going to reveal you what i suggest on now a spread fee as i’m going to reveal you

on is essentially the difference that becomes part of the financial investment platform between the buy price and the price alright it’s their premium on doing both those 2 actions now tesla if you can see on this part of the site today tesla’s dollar value 599 per share in tesla that in fact means that when you wish to buy or offer as you can see it’s not the price you’re seeing up here let me show you that again so the present cost of tesla is the value of a share what’s called spread charges is the distinction then actually to purchase that share on the platform and you’ll discover this everywhere this is another way that they make a small amount of benefit from you every time you do a buyer’s share so keep that in mind clearly it’s more pricey to purchase than it is to offer so they’re going to give you less back with your sale and you state all right well why does that occur it just does that is the nature of a lot of platforms out there there’s a difference between if you’re buying it then you wish to sell it and that is how they make a little bit of money on those spread out costs it’s normally extremely small it could be a matter of pens matter of cents in there but that’s one location every investment company will again make a bit cash now the last task is called an

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over night cost now this is truly crucial if you’re actually using cfds yourself as well an over night charge is when you’re refraining from doing that buy sell deal in the very same day okay there’s then an over night fee charged and even if you go from the friday to the monday before cruising a weekend fee now this just applies to cfds so if you’re actually buying out the etf the stock the commodity and using time one utilize which implies you’re in fact purchasing the precise property rather than utilizing leverage anyhow you will not get hit with these charges but these charges are if you’re utilizing leverage and cfds and after that you’re going to have these fees if you’re not buy selling in the exact same day so let’s say if you go into the assistance area this isn’t the overnight charges details you can see precisely the breakdown and it’ll inform you what are the charges what are the costs then for when you’re doing overnight or you’re doing over weekends and that only uses as i said to cfds there are some additional charges of course depending on what you are buying also this is on your own so keep that in mind however complete charges are completely within their assistance details alright and we discussed in addition to complimentary to deposit in but there’s a five dollar charge if you want to withdraw from anything whether it’s been cfds typical commodity stock shares whatever there’s that 5 dollar withdrawal charge now another thing to call it as i have actually said copy trading and copy portfolios are 2 various ways of in fact using these copy functions they don’t have any extra fees on top of the regular costs that

are there now what you need to keep in mind though is these possibly managed by other individuals totally or often have actually developed portfolios you have actually got a real person doing the management you have to make certain you pick the individual that’s right for you much like any profession this is your financial properties so we absolutely need to make sure it’s the ideal person for us prior to we copy them so the first things i would call it if you do wish to utilize this function we have actually got a number of different alternatives for us first off if you’re brand new to investing i want to draw your attention to this within you have the option to invest real money or a virtual platform virtual ways i believe you get yep a hundred thousand dollars to have fun with and it’s not real money that you’re investing you will not need to put in your charge card details or anything you can basically have this virtual portfolio mimic as if you are using your own money however in fact purchase pretend buy copy individuals whatever you like if you’re not

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feeling comfortable with utilizing your genuine cash maybe this is a great alternative for you again to evaluate the theories alright you might wish to buy tesla or apple or this etf why not use the virtual option as a way to sort of safe play with it undoubtedly you may have missed out on gains and losses during that time of course if you had actually invested your real money it enables you to develop confidence understand the platform so that’s one option for you then next week and i’m going to go back to my genuine portfolio here now we’re going to deep dive actually how to copy people and copy portfolios now here’s something to remember before you select someone that you’re going to copy or a portfolio you’re going to copy make certain you comprehend what your risk profile is now what do i suggest by that certainly for me i’m investing long term and they tend to state the longer you’re leaving your investments the riskier you can be risk just suggests am i all right with potentially losing a good amount of this financial investment or getting as

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well now remember whatever is ups and downs you will make money you’ll lose cash that’s why they make the fact 75 people will lose money but that similarly means they’ll lose eventually in their journey certainly people do make money also and i’ve got videos everything about how you can make certain you’re one of individuals to really earn money however in this circumstance make certain you research study your danger level would you be all right providing your cash to somebody else which is successfully what you’re doing and trusting them make sure you comprehend what they’re investing in fully if you’re somebody who isn’t wanting to be that dangerous do not select somebody who’s completely into crypto or currency conversion think about it you ‘d most likely want a foundation of strong products

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like gold or perhaps oil plus more traditional etfs and index funds you may not want some up-and-coming single stocks in your portfolio do the very same with who you’re following now as i say you can really utilize this too really easily over here you can copy people now it will provide you a great deal of choices and you can use the system to really look for someone that you elegant actually following so let’s see perhaps we desire somebody from unified kingdom um who purchases let’s see who does etfs they have actually gained at least 10 yeah that sounds reasonable that sounds an excellent quantity and i can find everybody who has actually fulfilled that criteria and it does offer you a danger factor too so it tends to be the greater the number the more riskier they are with their stock investing now certainly there are a variety of individuals that have quite high returns

keep in mind it’s like anything to do with the news or predictions of the future this does not imply somebody will make 56 for you for the next 12 months they might make four or minus 50 there’s no way to ensure so do keep that in mind and as simple as clicking the copy button and off you go and then you understand ask you to validate are you all right with this and off you go now another method to really deep dive if we click on this person for instance ruby mza as an example you can in fact deep dive into what is she actually purchasing so let’s enter into portfolio and you can see she’s quite heavy into microsoft mastercard amazon she likes her tech a little bit so that’s excellent to know ibm paypal yep she’s certainly like sort of into those blue box and the tech market she’s got a few of mine in fact that i buy too which is excellent so actually for me understanding what i like to purchase my private stocks and shares she would resonate with me she’s got an excellent spread in tech business that seems to be what she chooses she’s also got a little bit more um of the sort of primary food companies and you have actually got you understand pharmaceutical and production companies as that. Error Undeclared Identifier Tradingview Pine.

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