Social trading guide
Social trading is the newest and most exciting way to operate in the financial markets.
Social trading involves connecting traders from all over the world together into one large network. In this network, traders can profit from each other's knowledge and experience, so you can trade smarter together.
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Try social trading for free here using their free demo or if you wish open a real account and deposit money.
What Is Social Trading?
Collective knowledge one gets through social trading can mean that you achieve a great return.
Social trading is defined by Wikipedia (in a slightly weird way) as a process where investors make trading decisions based on the combined financial information is available via a variety of online applications.
Social Financial Analysis
Social trading can analyze financial data in an entirely new way:
- Until recently, there have been fundamental data and technical analysis that has been the basic tools to make investment decisions.
- New social indicators provides investors with real-time information through an open system that shows all transactions for traders in investment network. Social
- financial analysis is the new way to analyze financial information, and has proven to be a very effective tool in line with fundamental and technical analysis.
Social trading is the new way to shop
Investors can no longer depend only on fundamental and technical analysis. Ignoring one social aspect of trading, so ignores some of the most important data on market:
psychology driving the market, and the social financial analysis comes closer to the psychological conditions than any other form of financial analysis.
Social trading is the natural evolution of financial trading, history can be summed like this:
- Before the internet, the financial trading characterized the relationship between customers and brokers, which was centered around physical locations as stock exchanges and financial trading markets.
- internet electronic trading was the new form of financial trading.
- revival of web 2.0 and sisiale networks, with Facebook and Twitter as leading players, led to a new way of sharing information. This also affected by each of the financial world.
- Financial traders perceived social networks as a new source of important information. A number of successful traders have used social networking as an important resource to collect financial, economic and technical information.
- Financial companies perceived this new trend, and developed social network aimed at traders and investors.
- Investment Network was formed on the basis of social networks as a model.
Our prediction is that analysis of social trading is going to be an equally important tool for traders as fundamental and technical analysis is today.
Try social trading right now
Social trading is not only one of the easiest ways to drive trading, but also one of the most effective. It has direct access to the psychology of the market and you are almost all triggers that are crucial for the performance.
It is very easy to start with social trading. A popular advice is to start with social trading, and try one of the largest investment networks first.
At social trading networks there are millions of traders and hundreds of traders achieve spectacularly returns every month. To monetize social trading you do not do anything but copy a good trader in the network - it's that simple fact.
