/stg/ - Second Time Edition What is Social Trading? Social

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126KB, 820x669px

/stg/ - Second Time Edition

What is Social Trading?

Social trading allows traders to trade online with the help of others and some have claimed shortens the learning curve from novice to experienced trader. Traders can interact with others, watch others take trades, then duplicate their trades and learn what prompted the top performer to take a trade in the first place. By copying trades, traders can learn which strategies work and which do not work. Also serves as a form of passive income when choosing the correct traders to follow.

Where to Social Trade?

http://1broker.me (BTC) US Allowed
http://eToroSocial.online (Fiat) Non-US Only

Social Trading Tips

1. Find Consistent Traders, not gamblers for passive income.
2. Do not put more than 5% into any trade you copy
3. Choose Traders that do not constantly open positions
4. On eToro, stay away from Crypto trades, they're bad at it.
5. If copying a higher risk trader, put only 1% of your account
6. Reassess Traders Once a Week. Do not constantly look at your account(s)

List of traders to Copy on http://1broker.me

Eylemc (low risk)
Cool Hand Luke (low risk)
idkfa (med-high risk)
Boogi (Degen Tier)
Snortex (Degen Tier)


If you're a bad trader, don't have time to trade constantly, or if you just want your money to grow passively, pick up social trading.