Etoro - Why do 76% Lose Money?

The new warning on Etoro's homepage says that 76% of all retail investors who currently trade with Etoro, lose money. That's a really serious statistic, which I think is required to be there because of European regulations.

So why is this happening? Is it a problem with Etoro, or with trading in general? I'm not a professional, and I've only been on Etoro since 2016, but I talk about some of the things I've noticed so far which I think have definitely led to losses at least in my own case...

Here's some links to the people in my portfolio: (Affiliate Links)

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Past performance is not an indication of future results. This content is for educational / entertainment purposes only and is not investment advice.

If you're interested in seeing some of my other video series':

[georgeoliver]

"The stock market is a device for transferring money from the impatient to the patient." - Warren Buffett. So true.

[nicolascarnot]

It's great advice, but 76% of people will ignore it.

[BellaKukuTanesia]

I love the way you explain everything! Thankyou

[lucasleaolopes]

I've been doing my apprenticeship for a year, on the virtual wallet, and I've learned a lot, I've watched millions of videos, courses, but let me tell you something, your video has been the best I've ever seen so far!
Thank you for sharing this thought so clear and so reasonable with us! I'll take your words and I'll use them as if they were mine!
Thank you Mr. Thomas! ❤

[BabySheikh]

I just love how humble and honest this guy is, I just downloaded Etoro and this is the first video I watched and I feel much more calm after watching this video. You have a great way of presenting your facts and opinions man, keep it up and good luck! This video made my day 😇

[MTSutoraifu]

Proverbs 28:20 English Standard Version (ESV)
A faithful man will abound with blessings,
but whoever hastens to be rich will not go unpunished.

[TechnoPhoenix]

I love how honest and accurate his advice and opinions are. Thanks for this :)

[bilalahmad]

You should definitely start giving talks not only on YouTube... your way of presentation is excellent

[SkateraDSK]

The 76 % are relevant just for the CFD trading which does not include stock or crypto buying, that might be litte misleading..

[deadredsouls]

I recently started trading in the coronavirus crisis and made a nice profit first time and it was really fun, but I find it interesting that so many people don`t do research in what they`re trading in. I made my profit because I spent like five days deciding on what I should trade with. I am glad that I did my research first. Start small and build up to a bigger fortune, it`s worth the wait.

[Pieflavour]

I had an etoro ad showing before the video started lol

[Jephthah_]

From the way he talks, he looks like the "I'm not mad, I'm just disappointed" kind of guy.

[callumbruce]

Came across this video by accident but man I’m glad I did. You described me and exactly what I am doing now, I need to change. Clear, sensible and down to earth. Thank you!

[youngkaiju]

that's the best video I've seen so far about trading for beginners, thinking Long term is always the best !

[bluegtturbo]

Rock solid advice.
In these days of 0 percent interest rates even a steady 5% per year is fantastic!

[mccc]

You're a very special person. Your sincerity and wisdom is refreshing. So many could learn from you. Best! Your new subscriber and fan!

[roystonstarling]

I enjoy your videos and I agree with what you've said but it's important to point out that the 76% refers to retail investor accounts losing money when trading CFDs, not necessarily when trading the underlying asset. I'm still very much a novice in this area but I think that's a fundamental difference. That said, your advice is still solid and there are so many panic buys and panic sells where people are trying to live the get rich quick dream!

[DayaCIDfan]

This man is spot on with his advice for beginners -- something that begineers rarely get is the mindset they need to be successful in trading/investing. Man, patience is crucial and DO NOT GET GREEDY.

[edwintan]

When I first invested, I myself also have the mindset of getting rich real quick. I then begin to really watch and control myself knowing that getting rich quick is also losing money quick. Good video! Thanks so much for the advises!

[RaulForLife]

I got an etoro ad lmao
But i didn't skip it because i love them xD