My name is Marina, I am 34 years old and live in Hamburg. Through my father, who has been trading online for some years now, I have become more and more interested in it and with the help of my father I have tried it. It has been very exciting and exciting for me and the first time I have to confess I was very excited.

A hobby or more?
I have decided with my second attempt for the broker eToro and am totally inspired. On the one hand I had the possibility with a so-called demo account that I could use until I was sure that I was well enough trained to get involved in the real trade and try to earn money. I had a lot of help and support from my father but also on the platform of eToro I had very good experiences. Questions were answered immediately and I also found a mentor. I feel very comfortable with this broker and my trading activities are getting better and better. I’m especially taken with Stop Loss and you can’t lose more than your stake. This is ensured by the default setting. That’s exactly what you need as a newcomer to Forex trading. It offers security and takes the shyness or should I better say fear of the bet. There are fixed limits, there are simple rules and you have a clear structure which is very important to go the right way. In addition, the standard for customer service is also very high. That’s what I must say has convinced me about this broker.

The demo account that helped me

To trade with the currency pairs I dared after I could really let off steam on the demo account. With the play money of 10.000 Euro I had the possibility to work with the lever. Besides the well-known 1:50, 1:100 and 1:200 eToro also has an additional lever of 1:400 and with this you can make really good profits very quickly. But this should only be used if the price fluctuation is not too strong otherwise losses can quickly result. That’s why I took the opportunity to familiarize myself with trading with the currency pairs using the demo account. That gave me a lot of profit when I started trading. The easiest currency pair is still the EUR/USD. For me as a beginner an optimal currency pair. I used 1:200 and experienced a lot of excitement, excitement and finally a good profit. My father and my husband were very proud of me. Meanwhile I am so far that I operate my trade on my Smartphone at work. Trading works so well now that I always have money on my trading account that I can use and mostly can even improve it.

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Losing also belongs to this

Once I put a full 2500 euros in the sand. I was very disappointed and swore that I would never do it again. But my father told me that if you fall off a horse, you should get back on it. That’s what I did and at least was able to get something back. But it took some time until I had my impatience and my excitement under control, because these emotions should be avoided when dealing with currencies, they only distract and allow mistakes. But I am not as hardened as the professionals yet. Ever since I experienced this loss, which is high for me, I have been guided by the Inside Viewer when it comes to dealing with currency pairs. Here I can see how many traders bet on a particular currency pair. For example, if 90% is displayed then it can’t be wrong to buy as well. Usually it is also true and a profit is secured. This is a tactic I like to use and I always have a good chance of success. But I haven’t seen such a thing with any other broker yet. Also this strategy is very well suitable for the newcomers.

A account opening that promised a good bonus

I opened my trading account with a value of 20.000 Euro and received a bonus of 5%. From this money I live with my trade and I confess that besides the 2.500 Euro I can always keep this account on the level and even increase most of it. I find trading foreign exchange very interesting and I would also like to venture into some other options in the near future, because I would like to be one of the 20 best traders at some point in the future, among these a sum of 10,000 USD will be divided every month. I don’t know if I can do this, but I am on the right track thanks to the transparency of eToro and the incredible profit opportunities. It’s really easy for everyone here to replenish their vacation budget and make a little more money.

A little excitement and listening to your gut feeling

When I initiate my trade, I am still excited and I feel the struggle between my belly and my head. Sometimes it’s not so bad to listen to my belly, at least that’s how I experienced it. I don’t know how much longer I will do it, but at the moment it’s like a little addiction and I miss something when I don’t have time to act. But my husband can tell me when it’s enough and he always laughs and thinks we’re rich enough. I think that you can’t be rich enough not even in experience and I’m collecting it right now. We are not rich but it is fun and always brings a bit of excitement and variety into life. I am also very careful and do not go into the full. I also hope that it stays that way. How do you say so beautifully? Exuberance rarely does you good. I stick to it even if I have sometimes a very good feeling and think courage to the risk to want to prove, because sometimes it is also rewarded.

 

Experience report written by Marina G., 34 years, from Hamburg