 Hey what's going on guys, my name's Mark and I thought I'd put this video series together for eToro, basically like a comprehensive guide on how to do everything on eToro from the very basics in terms of actually using the platform to kind of some of the fundamentals if you're looking to getting into trading and investing that sort of stuff because I've been in it for a little while and I feel like I can help people if I go on the news feed I always see questions and that sort of stuff that I feel like I could help with so I thought I'd put this together. This is going to be one of the first videos of that. It's going to be for desktop and mobile so I'm going to do the desktop version first because I mostly use my desktop and then towards the end of the video I'll put timestamp somewhere or in the description I'll put timestamp of when the mobile version is going to start and yeah so I'll put those together so you can skip to where everyone's most helpful. So today I'm going to go over how to open buy and sell trades which is not so first of all I just want to clarify that a sell trade is not the same as closing a trade right which is so closing a trade is where you're closing a trade that you've either opened as a buy or sell but we'll go into it a little bit more and I'm also going to show you how to do it so to set buy and sell trades when the markets are open and when the markets are closed and kind of what the implications of that are so if you want to skip to a certain bit I'm going to put timestamps down but let's get into it so this is my real portfolio you can see I don't actually have enough available cash to open or do any stocks open stocks right now so I'm going to jump into a virtual portfolio in a second and by default I'd show you my real one just to know that I do kind of walk the walk not just talk the talk I'm not just giving tutorials out and I don't actually do it myself so and you can see that I've got like a bunch of open trades if you're not a hundred and fifty five open trades and these are the most recent through to the oldest so yeah anyway so let's get into it so I'm going to jump on the virtual portfolio everything's the same on virtual so what you see on virtual will be exactly what you see on your portfolio so there's no difference really other than this is fake money so let's go and have a look so this is my watchlist so let's start with opening a buy position when the market is closed right so first of all what you want to do is you want to find the stock that you want to buy okay so I'm we're just going to use Apple as an example so you just go up here into the search bar and you type the ticker in or the name of the company in this case apple right so then you open it here and then you'll see obviously the feed stats charts research few options here and then there's trade on the top right click trade now this is where some people get confused and I see it in the news feed from time to time where people are like I've bought it and the price is going up but I'm losing money why is it happening well what they might have done is accidentally open a sell trade right so what you want to do is if you think that the value of an asset and that you're trading is going to go up you want to make sure that you're buying it right and then in the inverse if you think that the value of an asset that you're that you're interested in is going to go down and you want to profit off of it going down then you want to open a sell trade right so buy sell right and I can go into the logistics of how that actually works behind the scenes I'm not going to do it right now I'm just going to keep it nice and simple and for now but you can see obviously this market is closed for the UK the US market opens at 2 30 p.m so it's like 1.30 am right now so it's closed so we're going to set an order so what you want to do is you can set the rate or you can leave it at market so what at market means is this price that you see here might not necessarily be the price that the trade opens at because there's pre-market trading and things fluctuate in the pre-market if you want to check pre-market prices what I use is marketwatch.com so I'll leave a link into that and basically you can go on there you can search the ticker or the stock name and then you'll see the pre-market price and then you you'll have an idea as to what it's going to open at or if you want to buy a particular rate then you can click rate and then adjust it here and but I personally because of the way that I trade I always just leave it at market because you know the few percent here or there doesn't doesn't make a difference to me so that's that then obviously you want your amount of what your dollar amount that you're going to invest so I'll just do the minimum here for example 50 dollars and you can choose units if you want one unit of apple you can change it to that but I think it's very rare that people will do that then you want to set your leverage your stop loss and your take profit when you're trading at one times one leverage you're actually getting the asset rather than a CFD again all of these things first of all if you have any questions put them in the comments and I'll do my best to to try and help you out and I'm gonna make videos on all of these different kind of nuances and obviously if you ask questions then I'll be more inclined to to make those videos in the future I think I already have one on a leverage anyway I always do times one leverage just for simplicity sake stop loss is pretty up into it if it's the when you want the trade to stop when you've lost as much money as you're happy to lose and take profit is where you obviously have made as much money as you're happy to make and you want to close it so because the market is not open then you can do set order right bosh so that's done set order so we've set that order there you go so buy apple order placed there and again the inverse if you want to do that you just click sell and then everything it's the same same process right stop loss it take profit and then set order but the sell would be a CFD right so there'd be fees attached to that and that sort of stuff by tend to stick away from selling particularly on stocks like amazon apple and amazon that sort of stuff um right so then if you want to check on your orders you go into your portfolio and then you got these two little arrows at the top and then you can see that this order is ready to go so basically when the market opens it's gonna buy apple at the market price so it's a bit like if you imagine a shop you're doing some online shopping you've put an order in right the shop doesn't open until 2 30 tomorrow afternoon um when they open they'll see that you've got your order and then they'll put it in the post or whatever but I hope that kind of puts into more rural life terms for you and again likewise for the sell it will execute the sell um so there you go so that's that and then to close a trade um I'll just jump into my real portfolio quickly to show you how to close a trade so to close a trade you go on an existing trade right you see it here you can either click this x here which will close the trade or you can open it you can open the trade um and then you can close it from here which or can you maybe it's just that tell us it's just you click this x here to close the trade and then that'll close out so um so that's that so when the market is open um I will show you really quickly again on the virtual portfolio so um because of the time something like 10 cent which is actually quite good stuff as well um will be open so again just search the ticker and then trade or open it there again you've got that there you want to go to trade um again make sure you're clicking buy or sell depending on where you think it's going to go up or down um put your amount in and your leverage and all that kind of jazz and then you literally just click open trade and then it's going to execute it for you and then you go that's your trade and it's there so that will show the trade will show if you go on to the page of the stock on the etoro or your portfolio or sharpening your portfolio um oh there you go and if you want to close it it's literally as simple as that and then close trade so I hope that was helpful um I'm just going to jump on to the mobile version now so my face is going to go because I'm recording with my phone um but I'll do a voice over for that and talk you through that as well um so yeah let's do that right so once you've found yourself on the mobile version of the app so this is iOS um or iPhone and that's what I use um I imagine it's going to be the same for Samsung or uh Android devices if it's not I apologize it's probably going to be very helpful um but it's pretty much a similar concept so we're going to go um and search for a stock that we want to trade right which is apple in this example um and then you can see there's a trade button here right literally tap the trade and then you've got buy sell um if you've skipped to the mobile version then it might be worth going back just to see in all the explanations because I don't want to explain it all over again to make the video 100 years long um so you've got your buy and your sell options and you literally just tap those to change it from buy to sell um you know that it will be a sell again because it'll be a CFD and buy if it's on times one will be actually buying the um the actual stock um I'm just going to switch to virtual already quickly just so that I can actually show you the trade's being open so trade there you go and then you set your amount in there so 50 just because that's the minimum times one no stop last blah blah and then set order and again if you go on to your portfolio on the app um and then this little drop down menu here will show your orders and then it's the order we've just set on the desktop as well um so you can see that right and then you can go back to portfolio um and then again to open a real-time trade on the mobile search it there tap it trade set the amount that you want to buy again whether you want to buy or sell um depending on whether you think the value of the assets going to go up or down open trade and there you go it will show you there um that you've opened the trade and again if you go to your portfolio it will be there um to close the trade on the mobile you can either swipe across all right so swipe to the left which will close the trade um and if you want to quick open a trade on something you've already got you can swipe to the right so you can do that oh stop swiping um or you can tap it tap on the trade that you have to open it on the big screen or like on a on a bigger view um and then just click close trade and then close trade again and then that'll close that for you assume that the market's open so yeah so i think that's going to conclude uh episode one i think that or i think this is going to be episode one you know i mean one of the first videos to do this e-toro breakdown um if you feel like i've left anything out of this let me know again as i say i've said for out if you have any questions let me know you can always message me on instagram um yeah instagram is probably a pretty good way to message me it's just mark freeman official um that'll be in the description um and give it a thumbs up subscribe if you found it helpful and i'll be doing a whole bunch of stuff on this on a whole bunch of different topics um along with the other stuff that i have on the channel if you want to check that out and it's christmas as well so that's the thing but um thanks for watching and i'll catch you guys um some other time