Hello guy,

As far as I know, Social Trading, also known as Social Investing is one of the new generation investment solutions created by Web 2.0 Technology. It allows us to automatically copy transactions made by one or more professional investors in a network like a social trading network. From there, you can repeat the results of other members, even if you haven't much knowledge and time to take part in the market.

Social Trading works more or less as a social trading network. The only difference is that instead of sharing selfies or lunch photos, on a trading network people sharing trading ideas. Here traders interact, watch the trading results of other professionals and brainstorm on the market situations in real time.

In Social Trading, once you identify a successful trader and you like their trading strategy, you can start following them and copying their trades

The characteristics of Social Trading

Social Trading is an alternative way of analyzing financial data by looking at what other traders are doing, comparing and copying their techniques and strategies. Social Trading platform or network can be considered subcategory of online social networks

Social Trading allows traders to trade online with the help of others. Traders can interact, watch others take trades, then duplicate their trades and learn what prompted the top performer to take a trade in the first place. And by copying trades, traders can learn which strategies work, which don't work