Post
Topic
Board Trading Discussion
Re: The Power of Social Trading: Can It Improve Decision-Making for New Traders?
by
GreatArkansas
on 02/07/2024, 13:36:37 UTC
(....)
It's pretty exciting how these platforms are creating communities where we can all learn from each other. Recently, Bitget introduced Real-time K-line Sharing. That allows affiliates to share buy and sell signals directly on the charts with their referrals.

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?
For me, there are advantages in social trading, most are you learn from the experts and interact in the community - it will help you to become more open with other people and possibly to learn also other skills from them.
The disadvantage is you could become dependent on others but don't practice it.
So for me, it can indeed improve decision-making in trading by providing educational resources and community support.