It’s important to exercise caution when considering eToro for short-term investment, particularly if your timeframe is less than two years.
Most popular investors on eToro adopt a long-term investment approach, rather than frequent trading. Dipping ‘in and out’ of investments may not be the most effective strategy.
When investing in even the most popular strategy providers on eToro, you can find yourself in equity drawdown for many months – even a year or two if the market is bearish like it was in 2022.
If you’re interested in short-term copy trading rather than long-term investing, explore other platforms like cTrader Copy, NAGA and ZuluTrade.
These platforms, which are populated primarily by day trading strategies, offer a diverse range of options and potentially better short-term outcomes, although the risk is a lot higher and many strategies burn within a few months.
