Social trading

Social trading is an alternative way of analyzing financial data by looking at what other traders are doing and comparing and copying their techniques and strategies.{{cite web |url=https://www.copytrader.nl/copy-trading/ |title=Copy Trading |publisher=Copytrader |date=November 29, 2017}} Prior to the advent of social trading, investors and traders were relying on [[Fundamental analysis|fundamental]] or [[technical analysis]] to form their investment decisions. Using social trading investors and traders could integrate into their investment decision-process social indicators from trading data-feeds of other traders. Social trading platforms or networks can be considered a subcategory of [[social networking service]]s.{{cite web |url=http://www.socialtimes.com/2010/07/social-day-trading-comes-to-facebook/ |title=Social day trading comes to facebook |publisher=[[SocialTimes]] |date=July 21, 2010}}

Social trading is an alternative way of analyzing financial data by looking at what other traders are doing and comparing and copying their techniques and strategies.{{cite web |url=https://www.copytrader.nl/copy-trading/ |title=Copy Trading |publisher=Copytrader |date=November 29, 2017}} Prior to the advent of social trading, investors and traders were relying on [[Fundamental analysis|fundamental]] or [[technical analysis]] to form their investment decisions. Using social trading investors and traders could integrate into their investment decision-process social indicators from trading data-feeds of other traders. Social trading platforms or networks can be considered a subcategory of [[social networking service]]s.{{cite web |url=http://www.socialtimes.com/2010/07/social-day-trading-comes-to-facebook/ |title=Social day trading comes to facebook |publisher=[[SocialTimes]] |date=July 21, 2010}}

Social trading allows traders to trade online with the help of others and some have claimed shortens the learning curve from novice to experienced trader.{{cite web |title=What Is Social Trading? Definition, History and How It Works |url=https://telegramtrading.net/what-is-social-trading/ |access-date=2026-04-16}} Traders can interact with others, watch others take trades, then duplicate their trades and learn what prompted the top performer to take a trade in the first place. By [[copy trading|copying trades]], traders can learn which strategies work and which do not work.{{cite web |url=http://forexmagnates.com/social-trading-because-it-sells/ |title=social-trading-because-it-sells |publisher=Forex Magnates |date=August 30, 2012}} Social trading is used to do speculation; in the moral context speculative practices are considered negatively and to be avoided by each individual.{{Cite journal|jstor = 2376347|title = The Ethics of Speculation|journal = International Journal of Ethics|volume = 12|issue = 3|pages = 335–347|last1 = Ryan|first1 = John A|year = 1902|doi = 10.1086/intejethi.12.3.2376347|s2cid = 143227107}}{{Cite web | url=http://www.newadvent.org/cathen/14211a.htm | title=CATHOLIC ENCYCLOPEDIA: Speculation}} who conversely should maintain a long-term horizon avoiding any types of short term speculation.

Social trading allows traders to trade online with the help of others and some have claimed shortens the learning curve from novice to experienced trader.{{cite web |title=What Is Social Trading? Definition, History and How It Works |url=https://telegramtrading.net/what-is-social-trading/ |access-date=2026-04-16}} Traders can interact with others, watch others take trades, then duplicate their trades and learn what prompted the top performer to take a trade in the first place. By [[copy trading|copying trades]], traders can learn which strategies work and which do not work.{{cite web |title=How Copy Trading Moved to Social Platforms |url=https://telegramtrading.net/how-copy-trading-moved-to-social-platforms/ |access-date=2026-04-20}}

Social trading is used to do speculation; in the moral context speculative practices are considered negatively and to be avoided by each individual.{{Cite journal|jstor = 2376347|title = The Ethics of Speculation|journal = International Journal of Ethics|volume = 12|issue = 3|pages = 335–347|last1 = Ryan|first1 = John A|year = 1902|doi = 10.1086/intejethi.12.3.2376347|s2cid = 143227107}}{{Cite web | url=http://www.newadvent.org/cathen/14211a.htm | title=CATHOLIC ENCYCLOPEDIA: Speculation}} who conversely should maintain a long-term horizon avoiding any types of short term speculation.

Social Media has permeated the trading world such that two main types of trading has evolved:{{cite journal

Social Media has permeated the trading world such that two main types of trading has evolved:{{cite journal