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On one hand, it can be awesome to learn from the pros and see how they're reading the charts. On the other hand, blindly following someone else's signals might not be the best recipe for success. So, what do you think? Could this kind of social sharing improve decision-making for new traders?
To be frank with you, what I think is that trader's performance will not still improve by it. Social trading is not just starting and this is not the first time that social trading is being fine-tuned to achieve success for the broker/exchanges, followers and master/signal providers, but what has the result become? I've also seen enough bots in operation for many years by bot labs and signal providers, tutors doing their things like, you name it, but to what end? This is why it is good that you even learn how to trade rather than rely on anyone or a bot because, in the end, it doesn't work. And even if it works but later the source is no longer accessible, what will be the lot of the person?
If at all you will be enjoying the service of social trading, it should be for two reasons, 1) Educational and 2) Secondary. The first is to learn whatever could be learned from the program, which is why I like those ones who trade live and also explain what they are doing to their audience. As it is said, "no knowledge is lost." As for the secondary, it means to do it on another side while you have your real trading quest that you are handling solely by yourself and not relying on social trading.