eToro FORCING STOP LOSSES on $GME traders - WHY??? - etoro review

Comments

PasteteDoeniel: Just seeing Etoro ads, they already seemed like they were holding your hands heavily. Hearing this, doesn't surprise me at all.

Heinrich Klaus: eToro is merely a gambling parlor on US/EU/UK equities. It shouldn't even be considered a legit investment platform.

Pruitt Elizabeth: That's true most people today have been having a lot of failures in forex and crypto sector because of poor orientation and bad experts

Michael Newton: Hedge Funders: “You let one ant stand up to us, then they ALL stand up!! Those puny little ants outnumber us a hundred to one. And the minute they figure that out, there goes our way of life!!!”

chris: Im in australia and want to buy gamestop shares, who do i use !? I dont know who to use...

Walter Gerald: Hello I'm new to bitcoin trade and i have been making few loses, but recently i see a lot of people earning from it , can someone please give me a new strategy or at least tell me what I'm doing wrong?

Ivan Kovarin: The reason behind this is actually very simple, eToro is a scam and always has been. It just so happens that there are these "market conditions" to be conveniently blamed for whatever shady shit they have been doing all along. Can't believe there are people who take eToro seriously and entrust their investments with them.

Chuck Desylva: Thanks Louis. 😊

Andrew jane: Hello, I'm new to forex trade and I have been making huge losses but I recently see a lot of people earning from it. Can someone please tell me what i'm doing wrong

John Tetreault: I expect this is because the broker isn't REALLY buying the stock.... They're shorting it... Betting against you... And putting a forced stop loss or requiring you to put up extra cash let's them gamble with your money.

lol: eToro is a joke, saying no fee and then spread is already 20% of your order.

Eric Brandon: Hello, I'm new to forex trade and I have been making huge losses but I recently see a lot of people earning from it. Can someone please tell me what i'm doing wrong

M P: I never trusted etoro

TMT Molokwane: That's actually called a trailing stop

BaB: Is there ANY app or site you can use that won't do this shit?

Chris Taylor: There are bots all over r/Wallstreetbets trying to convince people to sell the stocks that were short squeezed. now you have forced stop-loss?!?!? you can only sell you cant buy?!?!? I suspect that these Trading app companies are beholden to the hedge funds, and the retail investor is not the customer they are the product. it would seem that perhaps the Trading app companies are selling retail investor data to the hedge funds to give them a market advantage. This also explains why these apps are freezing always freezing during high volume, they do have liquidity problems because they aren't in this business to make the little guy money, only to take it, and when you have that business model its not necessary to cover the other half of the playing field. No one ever makes any money on these fricken apps, in fact, they only seem to lose due to technical glitches, slow response, forced stop-loss, blocks on buying, stop losses not activating, Take profit not activating. You can go read all about this in the reviews in the Play Store, or apple store. These trading APPS are candy crush bullshit designed to take your money. People are better of with a reputable trading company or go crypto and VPN into international Binance.

James: 4:04 Pfft I might appreciate the money in my account, but If I didn't explicitly set the stop loss or give the amount to sell at, then something needs to change.

Carter Pringle: I used to use eToro back in my early crypto trading days, one day out of the blue they force closed by BTC trades with no explanation. Same day I pulled all my money out and closed my account

Jose francis: I just got into bitcoin trade few weeks ago and i already made more than $12,500. I wish I knew about this earlier, i would have been a new millionaire by now

superarsenal009: How is this legal???

Lartimus: Because you signed the terms and agreements lol broker owns your money not you

pada pada: Okay we got the point..so what is the solution? What other platform that not paying fee ??

Igor Vlaovic: After googling etoro I saw they force closed leveraged positions in crypto before. That's bothers me since I use leverage as part of my strategy and that could happen to me. In eu I don't really have alternative except trading 212 but they don't allow leverage in the way etoro does

Lars Opperud: This was a mistake in the software on stocks bought on monday 1 feb. and not just on GME. Happened to my BB stocks and nakd stocks and was forced sold.... I think they will refund me the loss, but stil waiting for confirmation

Chum lee: FUD

iFix Phone Repair: Hmm something not right there, the market is extremely volatile and they’re implementing forced stop losses🧐 sounds to me they’re just making more excuses to get people selling and out of the trades to push the price down.

Higher Frequency: Are the BROKERS themselves buying the dip when they implement the stop 🛑? Then selling on the bounce backs ? Wtf #JAIL#Prison

ProBlueCheese: RYCEY best investment of 2021. Get EM Pikachu!

Cerulean C: Louis: I'm a Paper Hands Bi***"😂 Me: *Munches on Popcorn while watching from the bleachers*

fewefwef qwefdwqefwef: So theyre essentially cutting your buying power in half.

M.V.P.: Etoro is from Israel...

joe jane: sounds like some new ppl want to go to jail

Brandon Andrews: Robinhood just closed all positive for no reason

Paul Carr: The capital requirements raises, stop losses. It's all collusion. RH is given an excuse to use by saying the capitol requirement arbitrarily be raised.

vitali: 10:10 "what brokers are the real BROkers"

losttownstreet: Does etoro sell/buy stocks or CFD/ETF? I only seeing this advert where they say no commision, which you mostly only get without trading the physical assets. ETF/CFD with one stock is not bad, but may be funny in some places.

Bryan Gilmore: It’s to stop your everyday Joe Schmoe from being able to AFFORD to invest in these certain stocks. It’s to drive a wedge between the classes, creating a threshold that’s even harder to reach to deter buying.

Tesla Nut NY: same here at ETH i'm lost.

Aaron Kelly: I've been with fidelity for 22 years now, never had a single problem with them.

Queen of cats: Louis is paper hands!!!!

MyGreeed: ACTUAL REASON IS TO DROP THE STOCK PRICE. All brokeridges disable buying and enable only selling and shorting. Etorro ads stop loses to close out your positions and give away those shares to funds who shorted stock. To reduce their loses. algo trading can manipulate the stock price and drop the price easily by 10-40% ... on low volume. Then add trading halts like 20 of them when noone can trade for a period betweet 10-15min.. which adds to panic and mass selloff. Thus reducing short seller loses and screwing with all longs. cnbc market manipulation was just the start.

Philip Lautin Jackson: Sent an apology email about the 20% stop-loss error, and reimbursed investors - I tend to believe them.

Ollie Medler: I got a refund after receiving an appology from etoto. It was an error on their part. I'm not happy for the full movement for GME as the shares got sold back and I wanted the stock. Just another tactic I never saw coming but I did get a refund.

Cesar Kehdi: Capital . com is doing the same (I’m in France). I got kicked out twice from my GME trade and lost some money due to forced SL.

procs81: I don't understand how people are still using etoro. Borderline scam. We lost around 6 figures on that platform with orders not executing and spreads changing wildly. That was several years ago, never touched it again.

Jouni Valkonen: The clearance company here is to blame. Not the brokers. But there is an issue, that when clearing company changed the rules for few particular stocks, although they should have observed the market as a whole and increase the capital requirements for all stocks that are available for trading. This way the capital requirements would have been modest without the need for mistreating few particular stocks.

Marty Mcfly: I'll be blunt. This sounds absolutely illegal. Considering as you explained Stop losses as Automated selling. Robinhood only took away the option to buy. This is mandatory selling regardless if you want to or not.

Samuel Spencer: Thank you Louis for this video and many other valuable videos you have published. I don't understand how a company not being well capitalised affects its' ability to carry out buying and selling activities for its clients, does the buying capital not stem from the clients who are making the buying orders? How does not being well capitalised result to restricting trading for its' retail investors. Why is Collateral needed buy the brokerage to carry out buying orders? Someone please explain I am not well versed in this.

landey grocks: can someone recommend me good broker in asia ? i only know etoro

Dane Lofts: Made a comment on etoros Instagram that I had reported them to the financial ombudsman in the UK and magically in a few hours they covered my losses and put funds back into my account