Enmanuel (@big-profits) from the Dominican Republic has been in finance for all of his adult life. After reviewing several online trading platforms, he decided to focus on eToro, because of the platform’s ease of use and transparency. We asked him a few questions about his trading habits and strategies.
[Disclaimer: 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.]
Tell us a little bit about yourself
I am Enmanuel Bautista from the Dominican Republic, owner of a leading online Latin loan company. I dedicate myself to the business of finance (personal loans) and trading. Since I was a child, one of my goals has been to be independent, and eToro has helped me achieve this goal. I have never been an employee and I have been in the financial business since I was 17.
Did you have previous experience with financial investments before joining eToro?
Yes, I used to make investments in local banks and local exchanges. In 2010, I began buying my local currency pairs EUR/DOP and USD/DOP without leverage. After that, in 2012, I tested some online brokers (3 including eToro) with binary options and trading with leverage. Following a large loss with high risk trading in 2014, I finally learned from my mistakes and made a significant profit between 2015-2017 and got a good strategy going. In 2017, I decided to focus on eToro for investing, because it was where I found myself trading with low risk and consistent results.
Why did you choose to join eToro?
Because I found eToro to be the easiest, most comfortable platform to trade on, and learn from other people. On eToro, you feel at home after only a few days of practice.
What are the three key benefits of using eToro?
You can trade and invest without having trading experience at all. You can just look for one of the many experienced Popular Investors and copy them. After that, you don’t need to do anything else. The trader you selected will do the work for you.
eToro is the best platform to assist you with low-risk trading. You are able to see your Risk Score on your profile on a scale of 1-10.
On eToro, you will not see fake results, the platform is extremely transparent. When a trader has a negative month, they cannot hide it. eToro is the best platform to see real results where lots of investors show their trading statistics for past years to the public.
How has eToro changed the way you trade?
Since I started trading on eToro, I have become a responsible and consistent trader who knows how to keep calm at times when the market is difficult. eToro helps me focus on getting positive results each month. I’ve created a long-term, efficient strategy which has helped me to trade responsibly using the risk score tool.
What is your type of trading strategy and what is it focused on?
My trading strategy is based mainly on technical correction and is focused on finding the best time to benefit from a rebound.
What are the benefits of being a Popular Investor and what is your long-term goal?
The benefit of being a Popular Investor is the ability to help many people who don’t have experience in growing their finances. My long-term goal is to have more than 6000 copiers
Do you have any advice for your copiers/ users considering copying you?
You can begin copying me with the amount of capital you prefer, but if you want to have noticeable gains, I suggest copying me with at least $2,500.
What are your hobbies?
I meditate, I love riding my motorcycle on hills, and I love domestic touring and travel.
[Disclaimer: 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.]
Feature image courtesy of Shutterstock.