Social Trading

Free exchange of information on the internet and social platform enables an individual to easily look up to the forex market’s condition and invest without any deep analysis. This is called Social Trading.

Such kind of social trading imposes greater risk on your trading career. The main disadvantage of social trading is that you might unknowingly follow an inexperienced trader and face a decent loss over time.

So it’s desirable not to blindly follow anyone or to follow only experienced traders.

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