Welcome to Tradimo! Here is our special offer for new users: Buy your first course now and get 10% off! 

Social Trading – More than a substitute for the investment fund

0(0 Reviews)
1h:6m
en
With Social Trading you can copy other people's trades or earn money as a top trader. Learn more about it in this course.

Created by Tradimo.


About this course

Social trading has become very popular over the last years. Let's look at some of the opportunities and risks related to it.

Advantages of Social Trading

  1. You can interact with and learn from the knowledge of experienced traders.
  2. You can get almost the same results as experienced traders who allow you to copy their trades.
  3. You don't have to pay the typical management fees of mutual funds.
  4. As a top trader you can benefit from generating profits for your followers, first monetarily (you get a reward usually) and secondly by gaining reputation and even job offers.

Disadvantages of Social Trading

  1. You need to take a more active role with regards to having strict criteria for choosing a top trader (or lead trader).
  2. The fees of social trading brokers are usually higher than those of brokers where you trade yourself.
  3. Only the most popular stocks, currencies and indices are available for copy trading.

What you will learn in this course:

  • How to pick a top trader
  • How to build a portfolio of traders
  • Opportunities for followers and top traders
  • How to make money from your trading skills
Beginner
Skill Level
English
Language
Course Cost
4
People Enrolled
1h:6m
Duration
Tradimo
Instructor

    Course Rating

    0

    0(0 Reviews)
    0
    0
    0
    0
    0