Error Undeclared Identifier Tradingview Pine – Now

We get htis a lot on our site the answer to Error Undeclared Identifier Tradingview Pine….Concerns that i speak with new investors what if you’re brand new to investing you merely don’t wish to choose what you actually want to invest and you desire someone to do it for you there’s just a couple of ways that that can happen the to start with you can employ an investment portfolio supervisor they’ll typically charge a quite a high premium to do that perhaps one or two percent of your earnings will go to them the other thing is naturally you can buy mutual funds specific funds are created again with an account manager in the background as i’m going to cover in this video they have a service though that’s called copy trading copy portfolios as well now if you’re brand new to a total please remember this platform is rather innovative you can do cfds which of course cfds are ways of investing

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with not in fact having the full amount of capital so with anything that you’re finding out about please do study the platform don’t simply assume since i use it that you can use it right now do some due diligence have a little play around with it even invest with virtual money they consider that alternative as well so you in fact get used to the structure of the website and then when you’re ready to utilize your own money to invest you can do so now i will disclaim naturally your capital is at danger this is investing we’re doing you’re investing in genuine business if you choose to in this specific video we’re discussing how to copy other people’s financial investments with your money so clearly your capital is at risk and we have to bear that in mind do not just do something because that person has said they have actually made revenue 14 months in a row buy these options because you think is the right ones for you which being stated let’s dive straight in [Music] The things we’re going to cover in this video is comprehending what is copy trading what are copy portfolios it’s part of social trading which is one aspect that is most likely.

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famous for it’s the alternative to see what other traders are doing incredible we do not usually get that insight from a great deal of platforms and the other benefit is these copy portfolios are copy trading and so that means with our cash we can really state i wish to do precisely what that trader is doing or match that exact portfolio of options and basically each time they make a trade they purchase they sell whatever they do your money will be imitated with it so that suggests if for example 10 of their investment portfolio is in tesla guess what you’ll now be investing 10 of your money in so we’re going to likewise cover is the costs involved actually vital you comprehend what are the expenses of this now with any platform there will be some cost to undoubtedly these are real business that are investing they’re doing the buying the selling for you there’s going to be charges involved and even some of the absolutely no cost websites then might not charge you for actually buying and selling funds or etfs individual products private stocks.

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there’ll be costs on other parts maybe it’s our fx rate when you’re altering from uk to u.s dollars there’s all sort of costs associated so do your due diligence and i’m going to show you the costs with in particular in this video the next would be things to understand prior to you really begin buying copy trading or copy portfolios and lastly some finest advice best practices if you are considering this as a tool whether you begin your journey or your more advanced investor so let’s begin with costs truly essential to comprehend these now on there’s a number of fees there isn’t charges to do with in fact buying and selling all right so commission charges are totally free however there are a couple of other costs the first one is withdrawal fees so you can clearly put money in now if you remain in the uk we put our uk cash.

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and it’s automatically converted into us dollars and i’ll cover a little point about that in the future however when you wish to withdraw your money so you offer your shares you offer your commodities whatever you’re offering the minimum quantity you can withdraw is thirty dollars back out and they do charge you 5 dollars per withdrawal so for me of course understanding that i’m going to make sure that i’m only withdrawing when i absolutely require to now you might say fine that’s quite costly and i get that but it’s all to do with how they run their platform they have to charge fees somewhere and withdrawal costs are just one of those choices that they have a lot of platforms undoubtedly are totally free to do such things has this 5 dollar charge so in my eyes make your withdrawals mainly it can be perhaps even once a year once every six months you know depends completely how you’re investing however that is a charge to keep in mind the 2nd charge that i have actually touched upon is that conversion cost now with you’re dealing in us dollars just there’s not an alternative to buy in euros or uk and that’s great that fits me.

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a lot of my stocks are us dollar stocks anyway or the etfs that i’m buying and even some crypto so i’m good with that we have what’s called the fx currency conversion fee now when you use anybody so if you’re using trading two and two open market anybody this is basic they have i expect stuck with whatever cost they charge for that conversion rate you sort of have to accept you know if you wish to utilize their platform go from uk to us then that conversion cost exists what are they actually giving you in terms of your uk pounds to us dollars and all platforms are the same you can’t haggle with them you can’t go to the bank and say offer me us dollars instead you have to pay their fees now the terrific feature of though when you’ve transformed your cash you do not have to invest it right now that dollar worth can being in your portfolio as money dollars for as long as you like so that suggests the preliminary day that you buy or convert your dollars is the only charge that happens now with copy trading and copy portfolios there aren’t any extra costs so that’s truly good utilizing that part of their site won’t definitely limit you in any way nevertheless we need to know 2 other costs the very first being what’s called spread fees alright and i’m going to reveal you what i suggest on now a spread cost as i’m going to reveal you

on is essentially the distinction that belongs to the investment platform in between the buy cost and the price all right it’s their premium on doing both those 2 actions now tesla if you can see on this part of the website right now tesla’s dollar value 599 per share in tesla that actually indicates that when you want to purchase or sell as you can see it’s not the price you’re seeing up here let me reveal you that again so the current price of tesla is the worth of a share what’s called spread fees is the distinction then actually to purchase that share on the platform and you’ll discover this everywhere this is another way that they make a small amount of profit from you each time you do a purchaser’s share so keep that in mind certainly it’s more costly to buy than it is to offer so they’re going to offer you less back with your sale and you say all right well why does that happen it just does that is the nature of a lot of platforms out there there’s a distinction between if you’re buying it then you wish to sell it which is how they make a little bit of cash on those spread charges it’s generally incredibly small it could be a matter of pens matter of cents in there however that’s one place every investment company will again make a bit cash now the last feat is called an

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overnight fee now this is really crucial if you’re in fact utilizing cfds yourself as well an over night cost is when you’re not doing that buy sell deal in the same day alright there’s then an over night charge charged or perhaps if you go from the friday to the monday prior to sailing a weekend fee now this just applies to cfds so if you’re actually buying out the etf the stock the commodity and utilizing time one take advantage of which implies you’re really purchasing the precise possession instead of utilizing utilize anyway you won’t get hit with these costs but these costs are if you’re utilizing leverage and cfds and after that you’re going to have these charges if you’re not buy selling in the same day so let’s state if you enter into the aid area this isn’t the over night fees details you can see exactly the breakdown and it’ll inform you what are the charges what are the costs then for when you’re doing over night or you’re doing over weekends and that only uses as i stated to cfds there are some additional charges of course depending on what you are buying also this is on your own so keep that in mind but full charges are completely within their help information all right and we spoke about along with totally free to deposit in but there’s a 5 dollar charge if you want to withdraw from anything whether it’s been cfds regular commodity stock shares whatever there’s that 5 dollar withdrawal fee now another thing to call it as i have actually stated copy trading and copy portfolios are two various methods of really utilizing these copy works they don’t have any extra fees on top of the regular costs that

are there now what you need to remember though is these possibly handled by other individuals completely or often have produced portfolios you have actually got a real individual doing the management you need to ensure you choose the individual that’s right for you much like any profession this is your monetary possessions so we absolutely need to make sure it’s the right individual for us prior to we copy them so the first things i would call it if you do want to use this function we’ve got a number of various options for us firstly if you’re brand new to investing i want to draw your attention to this within you have the alternative to invest real money or a virtual platform virtual means i think you get yep a hundred thousand dollars to play with and it’s not real cash that you’re investing you won’t need to put in your credit card details or anything you can essentially have this virtual portfolio imitate as if you are using your own cash however actually buy pretend buy copy individuals whatever you like if you’re not

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feeling comfortable with using your real cash maybe this is a terrific option for you again to test the theories all right you may want to buy tesla or apple or this etf why not use the virtual choice as a method to sort of safe play with it certainly you may have missed out on gains and losses throughout that time obviously if you had invested your real money it permits you to build self-confidence comprehend the platform so that’s one choice for you then next week and i’m going to return to my real portfolio here now we’re going to deep dive really how to copy individuals and copy portfolios now here’s something to bear in mind prior to you choose someone that you’re going to copy or a portfolio you’re going to copy ensure you understand what your danger profile is now what do i suggest by that certainly for me i’m investing long term and they tend to state the longer you’re leaving your financial investments the riskier you can be risk simply means am i fine with potentially losing an excellent quantity of this financial investment or getting as

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well now keep in mind whatever is downs and ups you will generate income you’ll lose cash that’s why they make the statistic 75 people will lose cash but that similarly means they’ll lose eventually in their journey clearly individuals do earn money also and i’ve got videos everything about how you can make certain you’re one of the people to in fact generate income however in this situation ensure you research your threat level would you be all right offering your cash to another person which is efficiently what you’re doing and trusting them make certain you understand what they’re buying totally if you’re someone who isn’t wishing to be that dangerous do not choose someone who’s completely into crypto or currency conversion think of it you ‘d probably desire a foundation of strong products

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like gold or even oil plus more standard etfs and index funds you might not desire some up-and-coming single stocks in your portfolio do the exact same with who you’re following now as i state you can in fact utilize this too really quickly over here you can copy individuals now it will give you a great deal of options and you can use the system to in fact look for somebody that you fancy actually following so let’s see maybe we desire someone from joined kingdom um who invests in let’s see who does etfs they’ve gotten at least 10 yeah that sounds fair that sounds a great quantity and i can find everyone who has fulfilled that requirements and it does give you a threat element too so it tends to be the higher the number the more riskier they are with their stock investing now obviously there are a variety of people that have rather high returns

keep in mind it’s like anything to do with the news or predictions of the future this does not indicate somebody will make 56 for you for the next 12 months they might make four or minus 50 there’s no chance to ensure so do keep that in mind and as simple as clicking the copy button and off you go and then you understand ask you to confirm are you fine with this and off you go now another way to in fact deep dive if we click this person for instance ruby mza as an example you can really deep dive into what is she in fact investing in so let’s enter into portfolio and you can see she’s quite heavy into microsoft mastercard amazon she likes her tech a little bit so that’s great to know ibm paypal yep she’s certainly like type of into those blue box and the tech market she’s got a few of mine in fact that i buy too which is great so in fact for me knowing what i like to purchase my specific stocks and shares she would resonate with me she’s got a great spread in tech companies that seems to be what she prefers she’s likewise got a bit more um of the kind of primary food companies and you have actually got you understand pharmaceutical and production business as that. Error Undeclared Identifier Tradingview Pine.

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