Even if you’re not a person that usually follows currency, commodity, or stock trading, you probably know a few basic things about it. If you’ve ever been curious, or considered entering the fray, you may have been turned off by the risk. It’s true - trading on your own is a risky endeavor. Statistically, only about 55% of manual trades are actually profitable. For the careful investor, that number is anything but ideal.
Of course, investing on your own is not only risky, but time consuming. Commodities, currencies, stocks… Who has the time to read up on all of these things and make intelligent choices?
A careful investor may be just put his or her money into a brokerage firm and sit back and let “the pros” handle things. But we all know that these days, “the pros” won’t necessarily work in your best interest. You end up taking the same exact risk as if you were doing it on your own, all while paying huge fees for the privilege.
One groundbreaking company has decided to stop this cycle and empower you take control of your investments, while minimizing your risk and having fun in the process. That company is called eToro, and they have created the world’s first social trading platform.
So what is social trading and how does it work? Well - imagine facebook, only instead of seeing updates about what your friends are doing - you can see updates about what they’re trading. You can use your social network as a resource for smart investing. But it doesn’t end there. With eToro - you can keep track of successful investors, and choose to COPY what they are doing.
Think about it - no more “secrets”. If you like what somebody does, you can choose to do the exact same thing. It’s been proven that this kind of trading actually can get profitability up to 85%, that's 30% more than with manual trading. And with over 2.57 million users in more than 140 countries, you’re bound to find someone successful to copy in a way that’s right for you. You can choose to follow high risk or low risk traders, traders who deal exclusively with currencies, or stocks, or commodities, or any combination of these things.
Whether you’re a novice or an old pro, you are bound to find like-minded people who will openly share their knowledge and success with you. That’s the beauty of eToro’s social trading system. Success is shared, not shrouded in mystery. So when you see something others are doing right, you can copy them and try it yourself.
Oh - and the best part? It’s completely free to join.
- See more at: http://clone.betterbythemin.com/finance/bringing-social-networking-trading-game#sthash.NHjA1Cdn.dpuf
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