I liked the idea of project. But is it good for new traders? Seems no one will pick newbies, investors will only search for experienced ones. How are you planning to deal with it?
Thank you for your question. We consider SociumTrade as a great start for beginner traders, because they will be able to build their reputation by showcasing the skills and performance on their profile pages.
Profile pages will highlight strategies and performance records archived on the blockchain, performance and risk grades, peer-to-peer reviews and endorsements. Investors will be able to filter traders based on these parameters when searching for the next investment opportunity. However, portfolios will be defined not only by experience of a trader but by a set of terms that govern duration, minimal investment amounts, deposit and withdrawal procedures, trading strategy, risk metrics, and fee structure.