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Michael Michaud
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Michael Michaud is the founder of Invest2Success.com (http://www.invest2success.com/) and the Invest2Success Blog (http://invest2success.blogspot.com/). He has been investing and trading in the financial markets since 1989. He founded Invest2Success.com to empower individual institutional... More
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  • Social Investing Trading 1 comment
    Apr 3, 2013 7:17 PM | about stocks: FB, GOOG

    eToro Facebook

    $FB Facebook Stock on The Social Investment Network eToro OpenBook

    eToro Openbook

    What Is Social Trading? by eToro

    Social trading is the newest, most exciting and most rewarding way for you to get access to the financial markets. By linking traders from all over the world into one big network, social trading empowers traders to use each other's skills to trade smarter together, and that collective wisdom can take your trading to a level you never thought possible before.

    As the world's largest online financial trading community, nobody can offer your trading more of a social boost than eToro. And since we're convinced that social trading is the way to the future of financial investment, we are constantly developing new tools to harness the unlimited possibilities of trading as a community. With such ground breaking features as CopyTrader, GuruFinder, Copy.me, and much more to come, we are making it easier than ever for you to monetize not just your own potential, but that of your fellow traders!

    eToro Social Trading

    So how does social trading work?

    eToro's social trading network works on several levels, enabling you to utilize social trading as it suits you. Whatever your financial investment goals or style, social trading is sure to enrich your trading experience.

    See

    The most basic function of the social trading network is to bring you live feeds of trading activity. That means that you're exposed to what you're fellow traders are doing in the financial market at any given time. How does that benefit you? Information is power, and staying informed about what other traders are doing gives you valuable insight into market trends, innovative strategies and trading ideas.

    Follow

    Naturally, you would probably be more interested in looking at certain traders' market activity more than others'. You can do so by choosing to "Follow" the traders that you find more interesting. You can also get more information on each trader and even get in touch with them in person through their personal profiles. If you're not sure which traders you want to follow, use the rankings or the "Guru Finder" to search the network according to your preferences.

    Copy

    The most direct way to benefit from social trading is to copy. If you spot a particularly promising trade in the live trading feeds or in a trader's personal profile you can quickly open the same trade by clicking on "Copy". However, if you spot a trader who's consistently profitable it's much easier to use the "CopyTrader" feature to start copying their trades automatically. In fact you can even dedicate your entire account to recruiting traders to trade for you through the CopyTrader, building what we call a "people-based" portfolio!

    What can social trading do for me?

    However experienced you are as a trader, and however you like to interact with others, our social trading community is rich with benefits and opportunities.

    Beginner Traders

    Pick out your Social Trading Gurus - follow their trades, learn from their trading method and copy their trades automatically

    Track the ongoing performance of any trader through a series of simple tools and keep easily informed on everything they're doing

    Interact with other traders to get useful tips and advice

    Keep your finger on investor sentiment

    Experienced Traders (Social Gurus)

    Recruit followers and get recognized for your skill

    See how other hotshots trade, and spot more of the right opportunities as they happen

    Join the Social Guru program and earn commissions for your copiers

    Manage your own brand through your own Copy.me website

    Contribute guest posts to the eToro Blog to gain even more followers

    Did you know?

    Social trading has been proven to produce better results than traditional trading. Try it out for yourself today.

    eToro Social Alerts

    Click Here to Review More Information and Free Registration
    Discover the Most Profitable Way to Trade. Join the largest investment network - Open a free account. Go to our rankings page to find the best traders. Quickly build your personal dream team of traders. Use the CopyTrader button to copy what they do. Lean back and watch your dream team trade for you. Trade safely with our responsible trading features.

    ZuluTrade Social Trading

    Invest and Trade with the Best at ZuluTrade
    Follow between 70,000 talented currency traders from 192 countries automatically for free in your account. Zulu your mobile too. Check out our Android, iPhone, iPad and desktop widget apps.

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Comments (1)
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  • Solking
    , contributor
    Comment (1) | Send Message
     
    Thank you so much for this great and free information. But my question is about some information i got from Nigeria where i am from. Please Sir i want to know if this website (http://www.etorong.com) is really an access platform specified by etoro for Nigeria just as http://www.etorousa.com is specified for USA.
    Thank you
    from Solomon Obiora (Nigeria)
    email: solomonobiora@gmail.com
    11 Nov 2013, 09:11 PM Reply Like
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