Trading Blog | 5 min read
10 tips for Successful Social Trading
Social Trading trading is a fun, constantly-evolving and thriving approach towards trading and investing, that takes your trading experience to another level.
So, what is social trading?
Never forget tip #1
Indeed, auto-copying is the ongoing trend of 2019 that helps you get use of the analysis and strategic thinking of much more experienced traders than you are. Of course, it doesn’t mean this is a magic pill for successful investments, but it is a handy and useful tool that can save you lots of time and months of researching.
Don’t underestimate the social features when it comes to investing
Follow the strategy of more than just one trader
Do your own split-run testing
Avoid new and unverified users
Following “Most Copied” isn’t always the right way to go
Never hesitate to stop
Reinvest your gains
Do your own research
Start trading the right way
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