Social Investment Networks: Not really Social, And Not Investment Networks!
Social investment networks may make it more fun to speculate in the markets, but trading through these services posse a very high risk. Most people will lose their money.
The largest social trading platform are typically very safe and offer good usability and stylish solutions makes this an excellent place to start trading for both beginners and advanced traders.
Try a free demo of the best social investment network here to learn more about how this actully works before risking your own money.
Those who have never before tried social trading will enjoy trading through social service. You no longer need to be an expert to invest like the successful investor, but still need to understand risk - it's the basic of trading anyways.
What can you do with social trading?
You can copy other profitable traders, or you can trade currencies, stocks, commodities derivatives, indices and CFDs on their own. Statistics show that 80-90% of the copied trades are profitable. You can simply copy other people's success, and this idea we like very much.
The best reason to trade socially?
Social trading is full of nice surprises and more than enough functionality for a beginner or amateur.
- Make smarter investment decisions with the help of other traders.
- Diversify your investments by building a human-based portfolio.
- See, follow and copy the most profitable traders in the network.
- Run many trades simultaneously.
- Delicious interface and design.
Social trading can be a life-changing experience for traders
Social Trading is great; See what others buy and sell at any time, follow and copy other traders.
You can follow the best traders and if they make money on their trades will also make money, this is perhaps the easiest way to make money in forex because you do not perform their own trades, but rather automatically copy the actions of another trader that you have picked out.
Why social trading works so well
One of the reasons why social trading work well for beginners is that they have invested heavily on visual trading. Most beginners have not developed the ability to think abstractly about foreign exchange trading, and will be of great benefit to all animations and visual effects that are available.
Of all the information our brain uses to process the senses, is 70% of the activity dedicated visual information. As humans, we all have an amazing ability to process visual information.
In many currency services have advanced graphs and abstract data in front of you, your brain has to process in order to create a mental picture. At the social investment networks the mental image already on your screen, and you are given some brainpower to focus on the foreign exchange trade. This makes it easier than ever to make good decisions for each currency you perform.