Social trading is a form of online trading where traders can interact and share their trading strategies and ideas with other traders. A social trading platform allows traders to follow and copy the trades of other traders, either manually or automatically, based on their track record and performance history. Social trading enables less experienced traders to benefit from the expertise of more experienced traders while also providing experienced traders an opportunity to monetize their trading skills.
Social trading platforms typically include features such as social news feeds, which allow traders to share news and market analysis, as well as copy trading functionalities, which enable traders to automatically replicate the trades of other traders in real-time.
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