How do I learn to act? Methods

In the past, this was virtually the only way to do it:

Trial and Error.

Trial and error means you actively participate in trading and thus learn, mostly through mistakes you make, i.e. losses. Today, you can “just copy” traders. Let’s look at the function of “social trading” and the 2 ways or methods with which you can improve your trading knowledge (besides Youtube videos, books, etc.), directly in the app.

First, the “classic method” of trial and error.

No investment advice or purchase recommendation!

All information provided here does not constitute investment advice or a recommendation to buy. All statements are my general published opinion. I have obtained the information from my experience as a private investor. This experience report cannot and is not intended to replace personal investment advice from professionals.

Trial and error: learning from mistakes

The classic way – The classic way is, “learning by doing”! You hear about methods, strategies, you read about them, you try them yourself. In the process, you usually lose a lot of money. But that’s okay, because (!) you use for trading of course only money that you have left. One of the most important rules!

Only invest money that you have “left over

This is the only way to stay calm, even if prices slip into the red.

But you can also “copy profiles”, observe traders and draw your own conclusions for your trading strategies. Passively your assets will increase, if chosen correctly.

Now before we “celebrate trading”, here’s a look at a day full of red numbers! Losses, risk, “play money”, be aware of all these factors if you want to trade. In the morning, it can look like this.

Trading app in the browser (price losses):

If you can handle it, let’s move on!

Trader copy: Modern anlagen

The modern method – Modern means in this aspect, copy the investment portfolio of a successful trader. This is exactly the advantage of eToro. Through this “copy feature” in social trading, you can easily copy investment portfolios of other traders.

After copying, the app triggers all actions exactly as the trader does. Accordingly, all financial products are bought and sold simultaneously. As a result, your assets grow and are reinvested, automatically. The big advantage is that your portfolio acts on the basis of the actions of an experienced trader. This reduces risk.

Social Trading: Copy investment portfolio and traders

Social trading is therefore, among other things, another step towards minimizing risk. Why? You do not manage your portfolio yourself and have to check the daily news, financial data, other stock values.

You do not give away your money. You just copy the portfolio and all the trader’s actions. In the eToro app you can take a close look at all movements and transactions. This way, in addition to your own learning, you can build up further practical knowledge. Simply by checking daily which movements are triggered by the experienced traders.

Before I get to the individual functions, here are my quick experiences.

My experience: The first 3 months

I was bored at Christmas and this is exactly where I tried eToro for the first time.

What I really liked was the extremely fast registration. Other trading apps often take days, banks even weeks. Here, the entire registration process was over after 10 minutes and everything was verified after 30 minutes. Accordingly, I was able to start on Christmas Eve and copied my first profiles.

Gain 24/7 trading experience instead of hiring banks

In my experience, it is a nice feeling when you can rely on an experienced person for the first time. PS: Yes, there are classic banks that take over the trade for you, but here you have no real-time insights, you get “only” monthly evaluations. In the app, you are live 24/7 if you want.

For the first time I didn’t have to check the news every morning, someone else does that. I just check the portfolio, compare the different traders with each other and optimize every 14 days. That is, I change a few traders, sometimes only assets allocated to individual traders.

This is what the app looks like (menu and watchlist):

Asset accumulation in history: comparisons

Another big advantage, which I find particularly good in this context, of course, is that you can look at the trader’s asset accumulation in the entire history.

So I can not only look at how the current investment portfolio of the respective trader looks like, I can also look at how the individual months have gone in retrospect. When did the trader achieve returns, when did he or she make losses?

Comparability – The simple and quick overview allows me to compare different traders with each other. So I can easily decide which trader or investment profile I want to copy.

Find a trader: Guidance and overview for beginners

Finding traders – Your very first step is to compare different trailers. As I just described, the overview in eToro is really strong. In the overview you can see the most popular trailers.

Filter – Through the filter function, you can go even deeper. For example, you can search for traders who have a relatively low investment risk, thus a lower return but stable and safer. You can also select traders who have a higher risk, e.g. because they invest in cryptocurrencies or because they trade with leverage. Accordingly, the profits are higher, but so are the losses – be careful!

You can also select individual countries, so that you only follow traders from your home country, for example, who may then also invest in financial products that you know.

This is how the overview of trader profiles looks like:

Trade Profile: Investment portfolio, see profits and losses

Within the overview you will then find the individual traders, with their investment portfolio and the history of their trading, that is, profits and losses in retrospect for the individual months and years. If you now open several tabs on your browser, you can easily compare the different traders and make your choice! Tip: Shortcut ” Ctrl + Tab “, or for Mac ” CMD + Tab ” to switch tabs.

Diversify investments – As always in trading financial products, the more diverse your portfolio, the less risky your investment. Accordingly, you should also divide your assets among different traders.

One trader may invest more in the American market, another more in the Asian market and yet another somewhat more speculative also with cryptocurrencies. Through the mix are the default risk of a single product.

Another advantage – Due to the fact that your single product is a trader, your investment portfolio is already broad anyway. Most traders on eToro hold between 10 and 50 financial products. Usually, of course, stocks.

This is how trading works: trader copy

Once you have copied a Trader Portfolio, the individual financial products are automatically bought / sold in the same ratio.

If you now wait a few hours or a few days, you will see that the first values are also sold again. Traders usually do not hold individual financial products for years, but they use ups and downs of the prices to generate additional profits.

So after a few days you will also see the first evaluation of the profits and losses that your trader has told. Since you automatically copy his or her investment portfolio, you have the same profits or losses that the trader has. This way your assets will increase step by step.

Reinvest – Your additional assets that were earned through profits are then reinvested as well. So you trade at some point with 105% of your capital, 110%, 120% and so on. Thus, your assets increase and you can, as described at the beginning, passively actively participate in trading.

Increase profit through asset accumulation

Profit increase through asset accumulation, simply calculated:

• Profit from 100% = 5% | 1,000 Euro = 50 Euro
• Profit from 105% = 5% | 1,050 Euro = 52.50 Euro
• Profit from 110.2% = 5% | 1,102.50 Euro = 55.13 Euro

Capital investment in copying: Overview

The maximum amount you can currently invest in a single trader is 2,000,000 US dollars, equivalent to 1,680,000 euros. You can copy a maximum of 100 profiles per eToro app account. Trades in general are opened from 1 US dollar. Therefore, the minimum amount per trader copy is 200 US dollars, i.e. 168 euros.

In summary:

• Minimum deposit / profile: $200 / €168
• Maximum amount / profile: 2.000.000 $ / 1.680.000 €
• Maximum copies: 100 profiles

Copy functions

If you want to withdraw money from your portfolio, e.g. because you want to invest it, you have several options. You can stop the portfolio of the trader immediately, so that all financial products are closed and you can, depending on stock exchange opening hours, usually within 6 to 12 hours to access your capital. On weekends, of course, it takes longer, due to the exchange opening hours.

If an individual trader still has losses in the portfolio, you also have the option to stop copying only partially.

In the app, you have these options:

• Add Funds
• Remove Funds
• Pause Copy
• Set Copy Stop Loss
• Stop Copying
• Write New Post
• View Chart

Here briefly explained all the functions in copying the trading profiles:

Add Funds / Add money

Here you add additional capital to an existing, copied profile.

Remove Funds / Withdraw Money

With this function you can deduct open amounts (not invested). Usually this is 0.5 – 10% of the invested capital.

Pause Copy / Pause copying

When you stop, all items are immediately closed (sold). If you don’t want that, choose Pause. Now no new trades will be executed. So you could hold the portfolio and sell it yourself, step by step. For example, because you first want to sell only individual items.

Set Copy Stop Loss

Here you determine how much loss you accept. The standard stop loss (SL) is 60%. That means:

• Invested: $10,000
• Depot loss: -$4,000 -> sell

If the individual deposit or copied profile falls below 6,000 US dollars, it is automatically sold. This “protects” you from even higher losses.

Stop Copying / Stop Copying

With “Stop Copying” everything is sold immediately. As described above, the sale takes time depending on which stock exchange which paper is traded on (time zones). Read more about stock exchange opening hours & time zones here.

Write New Post / New Post

Every trader has a profile and a news feed. Like on Facebook, Instagram & Co. With this function you can write new posts, which are then displayed in the trader’s news feed.

View Chart

Here you can see the entire historical course of your investment with profits / losses in a curve.

EToro: Get to know the app

Stocks, ETF, Cryptocurrency (Bitcoin), … Costs, rating + experience – where do we start? Best here! eToro app – trade stocks, ETF, cryptocurrency, in my blog you have already learned a lot about trading.

Lots of questions of course: what app do you trade with, what do I recommend? So today I want to share with you my favorite trading app, eToro. 29.88% asset growth in 12 months, with low risk through “Copy People” and “Copy Portfolios” or up to 127.35% through active trading and trading strategies.

Learn here step by step about the app, fees and much more. Of course, with all the criteria of valuation, costs and all trading options, from stocks to ETF, index fund, currency, cryptocurrency and commodities.

In addition, the ultimate eToro advantage: You can copy successful traders! Keyword “Social Trading”. In the end, you know the app inside out for your first trades. You want to start right away? Start in the browser or get the app:

• EToro

Important criteria for the sale of a house

A successful house sale depends on various criteria, which can be very different for each individual. A very well equipped house, which is offered virtually turnkey, can sell worse than a property in need of renovation, which convinces with a very beautiful property or a particularly favorable price. When selling a house and property, supply and demand always count.

The exposé is a way to present the advantages, but also necessary investment. When preparing it, we do not limit ourselves to describing the size of the house and garden. We give the prospective buyers information about the outside facilities, the condition of the roof, heating and interior fittings, but also about the residential health and the possibilities of planning and financing. If you put your property up for sale to us, we will be happy to see it for ourselves on site. The impression we get of the property is an important basis for the preparation of a transparent exposé.

Worth knowing from A for outdoor facilities to W for healthy living

If you are considering selling your property, there are a few aspects that are important to consider.

Outdoor facilities: What you need to consider for the front garden, terrace and garden

Many buyers who want to purchase a house with land attach importance to a beautiful design of the outdoor facilities. If you offer a property for sale with attractive outdoor facilities, interested parties can be found quickly. If you decide to leave the house sale to a professional partner, you will save a lot of time. You don’t have to worry about contacting potential buyers and you can go about your work and everyday life. Read more on the subject of outdoor facilities.

Building materials: concrete, wood, stone, glass and plastics

Building materials are indispensable for the new construction of a house, but also for the renovation. Materials such as wood, stone and concrete are predominantly used. But plasterboard, glass and various plastics are also used. Building owners can influence the type of building materials. Basically, it is important that you pay attention to high quality. It does not matter whether you are overseeing the construction of a new house or have decided to renovate an existing building.

The building materials used are usually used for decades. They are exposed to very high stresses both outdoors and indoors. When using building materials that have qualitative limitations, minor renovations are often necessary at short intervals. You can prevent this by selecting high-quality building materials. Further information on the subject of building materials can be found here.

Roof: planning, construction and renovation of roof trusses & roof coverings

Modern roofs can have different shapes. For centuries, the classic gable roof was the most common roof shape in Germany. It was often modified into a hipped roof and equipped with dormers to make effective use of the space under the roof slopes. Tent roofs are used in the new city villas with two-storey construction. As part of a renovation, the shape of the roof can only be changed slightly. If you plan to do this, you will have to fundamentally redesign the house.

Roofing, on the other hand, is often the subject of renovation. Tiles are used, which are available in different colours, shapes and design variants. A new roof covering often goes hand in hand with a renovation of the roof structure. If the construction is fundamentally new and of high quality, a roof can last at least 50 years without the need for a new renovation. Learn more about the roof.

Do it yourself: New construction & renovation on your own

The term “Do it yourself” refers to the owner’s own contribution. When constructing a new building, but also when renovating a building, the builder decides whether he wants to do it himself or whether he prefers the turnkey construction method. There are advantages when a specialist company provides the services. As the building owner, you accompany the progress. However, you can primarily take care of your work and leisure activities. The amount of time you invest in construction is significantly less than if you opt for the do-it-yourself strategy. Discover more exciting information on do it yourself in relation to selling a house.

Energy and technology: Energy efficiency in technical installations & security systems

Many value-enhancing components of a house fall into the area of energy and technology. If you wish to sell your property without stress, we offer you our individual services as real estate agents for Rhineland-Palatinate and Hesse. This also includes the preparation of an exposé. This serves to describe your property to all interested parties who respond to the advertisement. The investments from the area of energy and technology are listed in the offer for your property on MeinHausverkauf.de. Read more about energy and technology.

Garage and carport: architecture, weather resistance, differences

A garage or carport for one or two cars is very popular with homeowners. An expose with a carport or garage is more popular with potential buyers than having the vehicle parked on the street or unprotected in front of the house. Installing a carport or garage not only provides greater convenience when using one’s home. These additions also have a positive effect on resale value. Opt for a more relaxed. Feel free to read on if you are interested in garage and carport.

Interior fittings for new buildings and renovations

The interior finishing of the house includes the design of the walls, ceilings and floors. In addition, the installation of the electrical systems, the heating and the water circuit takes place. Stairs and doors are installed and fixed fixtures are integrated in the kitchen and bathroom. When building a house, the interior finishing takes about the same time as the construction of the building until the topping-out ceremony.

The interior can be designed very individually by the builder. Not only in the case of a new building, but also in the context of a renovation, a new planning of the interior is possible. If an extensive renovation with a change in the internal structure of the house is planned, the house should be empty for the period of the construction work. Otherwise the renovation will be difficult. Here you will find further information on the subject of interior fittings.

Cellar of the house: finishing or storage room

A cellar can be used in many different ways. It can be converted into a living space, guest room or office, or used as a storage room. If the cellar has access to the outside, bicycles or garden tools can be stored in the rooms. Basement rooms must be planned for when building a new house. The costs are high. They run into five figures depending on the size of the basement. A basement can be installed at ground level or partially raised out of the ground. Both construction methods have advantages and disadvantages. Read more about basements.

Planning and financing: Real costs & favourable credits

In most cases, the purchase of a property is accompanied by financing. Very few property buyers are in a position to pay cash for their property. Financing for a property usually extends over a period of ten to 30 years. Careful planning is therefore very important. A stable income is one of the essential requirements for secure financing. The income should be secured for the financing period.

You need to take into account changes in life plans as well as the possibility of a loss of earnings due to illness or unemployment. Young couples may want to have children, which also affects income. Everything you need to know about planning and financing.

Dream houses: individual and indescribably beautiful

The concept of a dream home is defined very differently by a future homeowner. There are builders who understand behind it a luxuriously equipped house with a small low-maintenance garden in a central location. Others wish themselves a house in calm situation and take for it gladly a longer journey to the work or into the next city in purchase. In general, the term refers to a modern house that offers many amenities. Feel free to read on if you too are considering the topic of dream homes.

Healthy living at the heart of building modern homes

Healthy living is a modern term that refers to the use of environmentally friendly building materials. The aim is not to pollute the environment by building a house or housing complex. The health of the individual is also the focus of the new modern variants of building. An optimal indoor climate, a constant room temperature and the use of building materials that do not emit harmful substances are the most important foundations of healthy living. Pollutant emissions are completely avoided. Natural building materials such as wood or plastics, which are free of polluting substances, are used in modern construction. Sustainable building is becoming more and more popular and is even prescribed in parts for new buildings. You can find more exciting details on the topic of healthy living here.

Concrete in the building materials trade: heat, cold, moisture

Concrete is used in various compositions in the construction and renovation of houses. In its properties, concrete convinces with a high density. This makes the material very hard. Concrete is absolutely weatherproof. Heat, cold, humidity and extreme weather conditions do not bother the building material. Concrete can be poured or processed into bricks. In special compositions, the material has insulating properties. It is used for the construction of solid houses, garages and outbuildings. In the context of renovation, the building material can also be used for the construction of partition walls or for the redesign of room layouts.

Wood: Ecological building material

The natural building material is very popular for the construction of houses, but also for interior finishing and for the creative design of living spaces. You can have a house built entirely from wood.

How resilient is wood as a building material?

In its natural state, wood is not weatherproof. However, there is the possibility to make the wood weatherproof for decades with a stain or diverse variants of impregnation. Nevertheless, the maintenance required for wood used outdoors is higher than if you opt for stone or concrete. Wood is used in a particularly wide variety of ways indoors. Floors, ceilings and walls, but also stairs, windows and doors can be made of wood.

Permanently installed elements such as kitchen or built-in cabinets are also often made of wood. Wood can be easily worked and shaped. With special tools, even very hard woods can be cut or sanded. It is possible to paint or colour wood. Elements made of wood can be changed even after years or decades by repainting or sanding the surface. This makes the building material not only visually appealing, but timeless.

Stone for house building and wall construction

This general umbrella term covers building materials that are formed and manufactured from the various types of stone. Granite, marble, sandstone and natural stones are used for paving paths and designing terraces. Clinker bricks are very popular as part of a facade renovation. They are bricked in front of the actual facade and offer very good insulation. In terms of colours and design, bricks are very versatile. The durability of the building material and its weatherproof properties make it very popular for outdoor use. But stone can also be used indoors for the design of walls and floors.

Glass for windows and doors

The fragile material is indispensable for window construction in various thicknesses and designs. But also doors and elements in the bathroom are often designed with glass. The high-quality material is durable. However, it requires careful care so that it does not scratch, break or go blind.

Plastics: design and cladding

Plastics convince with their weatherproof and easy-care properties. They are used in window and door construction. But plastics are also used in the cladding of ceilings and walls and in the design of floors. The building material is very stable and does not change over years and decades. When selecting materials, please note that not all plastics are break- and scratch-resistant.

Further information on the subject of house building

Here you will find further information and tips on the subject of house building.

Interior fittings for new buildings and renovations

The interior finishing of the house includes the design of the walls, ceilings and floors. In addition, the installation of the electrical systems, the heating and the water circuit takes place. Stairs and doors are installed and fixed fixtures are integrated in the kitchen and bathroom. When building a house, interior finishing takes about the same amount of time as the construction of the building up to the topping out ceremony. The interior fittings can be very individually designed by the builder. Not only with a new building, but also in the context of a reorganization a new planning of the interior fittings is possible. If an extensive renovation with a change in the internal structure of the house is planned, the house should be empty for the period of the construction work. Otherwise, the renovation will be difficult.

• Click here to go to the interior design article.

Energy and technology: Energy efficiency in technical installations & security systems

Many value-adding components of a house fall into the area of energy and technology. If you wish to sell your property without stress, we as real estate agents are happy to offer you our individual services. This also includes the preparation of an exposé. This serves to describe your property to all interested parties who respond to the advertisement.

• Click here for the article Energy and Technology.

Feel-good factor lamps & light

When you want to change something in your home, the lamps are usually not the first thing that is thought of. However, they are often of particular importance. We explain how your lamps can have an impact on your sense of well-being.

Different designs

Lamps about lamps. Just like all furniture, lamps come in a wide variety of designs. It is especially important that your lamps match the rest of your furniture in terms of style. Since there are not only differences between the floor lamp or ceiling lamp, the choice is sometimes not so easy. From country style to vintage style, everything is included. Visit furniture stores, look at catalogs and find the right style for you, so that the overall picture harmonizes.

Effects through light

If the design of the lamps is right, you would think that nothing else can be changed. But wrongly thought, also the light plays a decisive role. There are rooms, such as the bedroom, where you do not need bright light. Quite in contrast to rooms such as the kitchen and the bathroom. There you can’t do without bright light under any circumstances, because that’s where you have to get through your daily routine in a matter-of-fact way. Think about a lighting concept for each of your rooms, because this is the only way to create the optimum feeling of well-being. Technically, a distinction is made between warm white, neutral white and daylight white. While the warm white is perceived as cozy, the neutral white conveys a businesslike atmosphere and the daylight white suits incident light.

Lamps & Light Cologne: The best recommendations

You come from the megacity Cologne and have finally found the time to think about your lamps? You have concrete ideas and are now just looking for the right shop that can fulfill your wishes? Or you just know that you want a change for your lamps, but you don’t have a concrete idea yet how this change should look like? Then you are sure to find a shop among our recommendations that has good expert advice.

Remagen ideas for light + space

Rating: 4.0 / 5.0

The store “Remagen Ideen für Licht + Raum” has been rated 4.0 out of 5.0 stars by customers. Customers who have visited this shop benefit from special merchandise and good advice. This shop could be especially suitable for you if you are looking for something extraordinary, for which you are willing to dig a little deeper into your pocket.

• Neumarkt 35
• 50667 Cologne
• Phone: 0221 207970
• Remagen Ideas for Light + Space Website
• Remagen Ideas for Light + Space Facebook
• Remagen Ideas for Light + Space YouTube

Lamp Bazaar

Rating: 4.3 / 5.0

The customers who visit the lamp shop “Lampenbazar” are mostly enthusiastic. They rave about the expert advice and the large assortment. If you come from the districts of Junkersdorf, Lindenthal or Marsdorf, then you should definitely pay this lamp shop a visit. Even if you just want to get an overview and have no concrete plan, a visit here can be worthwhile.

• Dürener Str. 430
  50858 Cologne
• Phone: 0221 487648
• Lamp bazaar website

LIGHT CUBE OHG

Rating: 4.4 / 5.0

The store “LICHT CUBE OHG” is also up there with a rating of 4.4 out of 5.0 stars in Cologne. Customers generally rave about great, expert advice. If you’re not at all keen on changing the design of your lamps, but would rather bring about a change in the effect of the light sources, then you’ve come to the right place and can get good advice.

• Cologne St. 101
  50859 Cologne
• Phone: 02234 948649
• LIGHT CUBE OHG Website
• LIGHT CUBE OHG Facebook
• LIGHT CUBE OHG Instagram

Fling in the Agnes Quarter

Rating: 5.0 / 5.0

• Schillingstraße 50
  50670 Cologne
• Phone: 0221 730522
• Side jump website

Magazine Klaus Wolter KG

Rating: 4.8 / 5.0

• Aachener Str. 40-44
  50674 Cologne
• Phone: 0221 820300
• Magazine Klaus Wolter KG Website

HALBEINS

Rating: 4.5 / 5.0

• Venloer Str. 512
  50825 Cologne
• Phone: 0174 7148984
• HALBEINS Website

LampsManuFaktur Cologne

Rating: 5.0 / 5.0

• Plankgasse 11
  50668 Cologne
• Phone: 0163 2875349
• LampenManuFaktur Website
• LampsManuFaktur Instagram
• LampenManuFaktur Facebook

Lamp.de Store

Rating: 3.4 / 5.0

• Wilhelm-Ruppert-Strasse 38
  51147 Cologne
• Phone: 02203 5649660
• Lamp.de Store Website
• Lamp.de Store Facebook

Kanag lamp studio

Rating: 4.0 / 5.0

• Arrow road 42
  50672 Cologne
• Phone: 0221 2573281
• Lamp Studio Kanag Website

Occhio Cologne flagship store

Rating: 4.8 / 5.0

• Kaiser-Wilhelm-Ring 18
  50672 Cologne
• Phone: 0221 27729711
• Occhio Cologne Flagshipstore Website
• Occhio Cologne Flagshipstore Facebook
• Ochhio Cologne Flagshipstore YouTube
• Ochhio Cologne Flagship Store Instagram

Fornus Lighting + Living

Rating: 5.0 / 5.0

• Berrenrather Str. 210a
  50937 Cologne
• Phone: 0221 4306761
• Fornus Lighting + Living Website

Cologne city map for directions

Lamps & Light Ideas: Build, craft and make

You have visited various shops in your area, but a lamp that corresponds to their ideas was simply not there? Have you ever thought about building a lamp that meets your expectations? If you have artistic skills and enough time, then this could be an interesting alternative for you. We have compiled a few videos for you, in which it is explained how you can easily build different lamps yourself.

Make wire ball lamp yourself

Hard to believe: This wire ball lamp is actually self-made. If this wire ball lamp can do one thing, it is create atmosphere. Whether you place it in the living room or in the bedroom, the glowing ball creates coziness. If you want to watch TV in the evening and no longer feel like glaring ceiling light, then this wire ball lamp is ideal for you.

Make concrete lamp yourself

This concrete lamp also has something very special. Certainly it is not the biggest light giver, but visually this concrete lamp makes quite something. Placed on a bedside table, on the dining table or on the balcony, it immediately catches the eye of a visitor. With detailed descriptions, this video will explain step by step how to get this decorative lamp. The admiration of your visitors is guaranteed and even more so when they learn that the lamp is homemade.

Steampunk lamp build yourself

When you see this lamp, you notice that it is rather in a more rustic style. For this reason, this lamp does not fit into every household. Nevertheless, it must be said that the lamp is something very special. If your interior is in such a style, then you should definitely recreate this lamp. In this video you will learn piece by piece how it works.