Course description

Introduction to Social Trading

In the realm of modern finance, social trading has emerged as a revolutionary method. It harnesses the power of community insights and collaborative information exchange to enhance trading practices. As a beginner stepping into the vast world of trading, understanding the fundamentals of social trading becomes essential.

What is Social Trading?

Social trading integrates social media approaches with trading practices, allowing individuals to interact, share, and replicate trading strategies. It democratizes access to financial markets, enabling novices to learn from seasoned traders' experiences.

4 types of trading style

1. Day Trading: Traders buy and sell financial instruments within the same trading day, aiming to profit from short-term price movements. They typically don't hold positions overnight.

   Swing Trading: Traders hold positions for several days or weeks, capitalizing on short- to medium-term market trends or swings. They aim to capture gains from upward or downward price movements.

   Position Trading: This style involves holding positions for an extended period, ranging from weeks to months or even years. Traders base their decisions on fundamental analysis and long-term market trends.

   Scalping: Traders using this style aim to make small profits from frequent trades throughout the day. They focus on very short-term price movements, holding positions for seconds to minutes.

What will i learn?