{"headers":{"Content-Type":"application\/x-www-form-urlencoded"},"body":"source_lang=&target_lang=PT-PT&tag_handling=xml&split_sentences=1&preserve_formatting=1&text=A+Beginners+Guide+to+Social+Trading+in+2021&text=Learn+what+social+trading%2Fcopy+trading+is+and+how+this+is+one+of+the+best+ways+to+trade+for+beginner+traders.+Find+out+which+are+the+best+social+trading+platforms.&text=%3Ca+href%3D%22https%3A%2F%2Fofficial.coininsider.com%2Fo%2F70-CSI%22%3E%3Cimg+class%3D%22aligncenter+wp-image-112949+size-full%22+src%3D%22https%3A%2F%2Fwww.coininsider.com%2Fwp-content%2Fuploads%2F2021%2F01%2Fwhat-is-copy-trading.png%22+alt%3D%22social+trading+guide%22+width%3D%221847%22+height%3D%22832%22+data-wp-pid%3D%22112949%22+%2F%3E%3C%2Fa%3E%0A%0AWhether+you%E2%80%99re+new+to+the+world+of+trading+or+just+interested+in+generating+some+extra+income+from+the+online+markets%2C+social+trading+can+help+you.+We+understand+that+social+trading+may+not+be+every+trader%E2%80%99s+preference%2C+so+we+decided+to+create+this+guide+along+with+a+review+of+the+top+social+trading+platforms+in+2021.+Getting+started+with+them+is+quick+and+easy.%0A%0A%3Cstrong%3EContinue+reading+our+guide+for+more+information.+%3C%2Fstrong%3E%0A%0A%3Chr+%2F%3E%0A%0A%3Ch2%3EWhat+is+Social+Trading%3F%3C%2Fh2%3E%0ASocial+trading+can+be+best+described+as+copying+the+trades+of+expert+traders.+This+does+not+only+include+copy+trader%2C+where+only+a+single+trade+is+copied%2C+but+mirror+trading+too+where+the+less+experienced+trader+copies+the+exact+trading+strategy+as+the+more+experienced+trader.+Social+trading+is+not+a+new+concept%2C+in+fact+it%27s+been+around+for+quite+some+time.+There+are+now+tons+of+trading+platforms+offering+facilitated+social+or+copy+trading+to+potential+investments.+It+is+important+to+note+that+social+trading+is+not+for+everyone.%0A%0ASocial+trading+is+ideal+for+new+beginners+since+it+allows+you+insight+into+basic+and+complex+strategies%2C+helps+you+figure+out+the+trading+landscape+and+you+get+a+feel+for+what+works+and+what+doesn%E2%80%99t.+Social+trading+also+allows+you+to+learn+trading+tactics+and+best+practices+to+use+on+your+platform.+There+is+simply+no+better+way+to+learn+than+from+the+experts.%0A%0AWhat+you+will+basically+be+doing+is+using+other+traders+and+investors+and+their+decisions+as+a+base+model+for+making+decisions+on+your+own+trading+techniques+or+investment+strategy.+You+can+either+replicate+an+expert%27s+strategy+and+make+it+your+own+or+use+the+experts+techniques+to+inspire+your+own+trading+strategy.%0A%0ASocial+trading+is+not+complicated+at+all.+You+are+simply+looking+at+one+trade+completed+by+user+x%2C+and+using+that+information+to+influence+your+own+trading+decision.+Some+people+prefer+to+use+the+term+copy+trading+instead.%0A%0A%3Chr+%2F%3E%0A%0A%3Ch2%3EThe+Benefits+of+Copy+Trading%3C%2Fh2%3E%0AMany+new+beginners+are+unaware+of+the+benefits+that+social%2Fcopy+trading+can+yield.+We%E2%80%99ll+list+some+of+the+benefits+for+new+and+experienced+traders+below%3A%0A%3Ch3%3E%3Cstrong%3E1.+Valuable+Insight+%3C%2Fstrong%3E%3C%2Fh3%3E%0ABeing+able+to+see+how+other+traders+have+made+decisions+based+on+the+markets+will+provide+you+with+a+greater+understanding+of+assets+and+prices.+You+may+be+wondering+how+you+will+receive+these+insights%3F+Social+trading+allows+this+by+showing+you+where%2C+when%2C+how+and+why+a+trader+decided+to+implement+something.+This+is+very+important%2C+and+if+applied+correctly%2C+will+give+you+a+competitive+edge.%0A%3Ch3%3E%3Cstrong%3E2.+Market+Sentiments%3C%2Fstrong%3E%3C%2Fh3%3E%0ASocial+trading+will+give+you+perspective+when+it+comes+to+the+market.+You+will+be+able+to+see+how+many+people+are+buying+or+selling+certain+assets+and+which+is+consistently+profitable+or+declining.%0A%3Ch3%3E%3Cstrong%3E3.+Intelligence+and+Automation%3C%2Fstrong%3E%3C%2Fh3%3E%0AIt+is+important+to+note+that+research+plays+a+big+role+in+making+certain+trading+decisions.+Analysts+and+Mathematicians+spend+weeks+on+end+gathering+and+analysing+data.+Deciding+on+social+trading+means+that+you+are+following+reliable+traders+and+you+decisions+are+based+on+research+and+those+who+have+already+tested+the+trades.%0A%3Ch3%3E%3Cstrong%3E4.+A+Source+of+Learning%3C%2Fstrong%3E%3C%2Fh3%3E%0ABoth+new+and+experienced+traders+must+always+ensure+that+they+continue+learning+and+expand+their+knowledge%2C+especially+when+it+comes+to+trading+the+markets.+For+those+traders+interested+in+the+cryptocurrency+market%2C+learning+is+particularly+important%2C+since+the+cryptocurrency+market+is+extremely+volatile+and+changes+from+day+to+day.%0A%0A%3Chr+%2F%3E%0A%0A%3Ch2%3E%3Cstrong%3EAdvantages+and+Disadvantages+of+Social+Trading+%3C%2Fstrong%3E%3C%2Fh2%3E%0AAs+with+any+trade+or+investment%2C+there+is+a+level+of+risk.+We+decided+to+put+it+all+out+there+and+make+sure+you+understand+what+you%E2%80%99re+getting+into+when+deciding+on+social+trading.%0A%3Ctable%3E%0A%3Ctbody%3E%0A%3Ctr%3E%0A%3Ctd%3E%3Cstrong%3EAdvantages%3C%2Fstrong%3E%3C%2Ftd%3E%0A%3Ctd%3E%3Cstrong%3EDisadvantages%3C%2Fstrong%3E%3C%2Ftd%3E%0A%3C%2Ftr%3E%0A%3Ctr%3E%0A%3Ctd%3E%E2%9C%94%EF%B8%8F+It%E2%80%99s+a+fairly+easy+way+for+a+beginner+to+start+out%2C+since+social+trading+essentially+copies+the+trades+of+a+more+experienced+trader.+You+do+not+have+to+worry+about+having+extensive+knowledge+before+starting.+You+can+learn+as+you+go+along.%3C%2Ftd%3E%0A%3Ctd%3E%E2%9D%8C+Just+because+you+are+copying+trades+from+experienced+traders+does+not+mean+that+those+traders+don%E2%80%99t+make+mistakes.+Every+trader+can+make+mistakes.+This+is+why+you+should+make+sure+you+check+the+end+result+of+trades+too.%3C%2Ftd%3E%0A%3C%2Ftr%3E%0A%3Ctr%3E%0A%3Ctd%3E%E2%9C%94%EF%B8%8F+Social+trading+allows+you+to+talk+to+other+people.+It+is+possible+for+you+to+interact+with+other+traders+and+pool+your+collective+knowledge+together+for+the+benefit+of+all+of+you.%3C%2Ftd%3E%0A%3Ctd%3E%E2%9D%8C+You+may+find+it+difficult+to+find+a+trader+that+matches+your+exact+goals+or+capital+injection.%3C%2Ftd%3E%0A%3C%2Ftr%3E%0A%3Ctr%3E%0A%3Ctd%3E%E2%9C%94%EF%B8%8F+It+requires+a+very+low+investment.+Copying+trades+from+a+more+experienced+trader+means+you+don%27t+need+to+spend+as+much+time+studying+the+markets.%3C%2Ftd%3E%0A%3Ctd%3E%E2%9D%8C+Because+social+trading+is+relatively+low-risk%2C+you+don%E2%80%99t+gain+much+first-hand+experience.%3C%2Ftd%3E%0A%3C%2Ftr%3E%0A%3C%2Ftbody%3E%0A%3C%2Ftable%3E%0A%0A%3Chr+%2F%3E%0A%0A%3Ch2%3EHow+Do+I+Choose+a+Social+Trading+Platform%3F%3C%2Fh2%3E%0AAs+we+now+know%2C+social+trading+is+the+process+of+utilizing+a+platform+where+the+application+or+website+allows+you+to+copy+experts%27+trades.+The+process+of+social+trading+and+%3Ca+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fpt-pt%2Fbitcoin-trader%2F%22%3Ecopy+trading%3C%2Fa%3E+is+different+on+each+platform%2C+also+important+to+note+that+not+all+platforms+have+this+feature.+All+trading+platforms+have+their+own+traits+and+distinction%2C+some+even+offer+bonuses+and+incentives.%0A%3Ch2%3EHere+are+Some+of+the+Best+Social+Trading+Platforms+in+2021%3C%2Fh2%3E%0A%3Ch3%3E1.+eToro+Trading+Platform%3C%2Fh3%3E%0AeToro+is+a+well-known+fintech+social+trading+broker.+The+company+was+established+in+2007+and+is+based+in+Israel.+It+is+reported+that+eToro+is+one+of+the+world%E2%80%99s+largest+social+trading+and+investment+companies+in+the+world.+eToro+has+millions+of+clients+in+over+140+countries.+Initially%2C+eToro+was+a+graphic-intensive+forex+platform%2C+which+has+now+integrated+tools+for+crypto+trading.+Clients+who+are+not+in+the+US+can+trade+additional+asset+classes+such+as+CFDs+and+stocks+on+a+variety+of+exchanges.+The+platform+is+a+breeze+for+investors+who+have+a+basic+understanding+of+cryptocurrency+trading.%0A%0A%5Breview_badge+post%3D%22etoro%22%5D%0A%3Ch4%3E%3Cstrong%3EKey+Feature+of+eToro%3C%2Fstrong%3E%3C%2Fh4%3E%0A%3Cul%3E%0A+%09%3Cli%3EUser-friendly+interface.%3C%2Fli%3E%0A+%09%3Cli%3ENon-US+clients+can+trade+cryptocurrencies.%3C%2Fli%3E%0A+%09%3Cli%3ENo+explicit+commissions+charged.%3C%2Fli%3E%0A+%09%3Cli%3ETraders+can+follow+and+copy+the+trades+of+other+profitable+traders.%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Ch3%3E2.+Trade+360+Trading+Platform%3C%2Fh3%3E%0ABasically%2C+Trade360+capitalizes+on+cognitive+research%2C+which+explores+the+possibility+that+a+crowd+will+make+better+choices+than+individual+professionals.+It+has+been+reported+that+Trade360+appeals+to+millennial+traders+who+prefer+a+social+approach+to+trading.+The+broker+uses+CrowdTrading+technology+and+the+MetaTrader+5+platform%2C+which+is+popular+among+brokers+all+over+the+world+and+it+appears+that+traders+feel+more+comfortable+trading+on+these+platforms.%0A%0A%5Bfunnel_form+post%3D%22trade360%22%5D%0A%3Ch4%3E%3Cstrong%3EKey+Features+of+Trade+360%3C%2Fstrong%3E%3C%2Fh4%3E%0A%3Cul%3E%0A+%09%3Cli%3ETrading+Central+is+considered+to+be+one+of+the+leaders+in+independent+market+research+and+one+of+the+most+significant+assets+of+Trade360%3C%2Fli%3E%0A+%09%3Cli%3ETraders+can+rest+assured+that+they+have+sound+market+coverage+and+access+to+valuable+assets+on+Trade360.+Traders+also+have+access+to+daily+market+reports+which+can+be+useful%2C+when+making+trading+decisions+on+the+platform.%3C%2Fli%3E%0A+%09%3Cli%3EThere+is+a+mobile+application+available+for+all+traders.+It+is+accessible+to+iOS+and+Android+users.%3C%2Fli%3E%0A+%09%3Cli%3ELive+quotes+are+available+for+tradable+assets.%3C%2Fli%3E%0A+%09%3Cli%3ETrade360+has+innovative+CrowdTrading+Technology+that+is+fully+featured.%3C%2Fli%3E%0A+%09%3Cli%3ESwitch+between+demo+and+real+accounts+with+one+tap.%3C%2Fli%3E%0A+%09%3Cli%3EDeposit+funds%2C+request+withdrawal+and+view+account+history.%3C%2Fli%3E%0A+%09%3Cli%3EPlace+orders+using+multiple+orders+or+modify+and+close+orders.%3C%2Fli%3E%0A+%09%3Cli%3EPrice+alerts+can+be+set+for+favorite+assets.%3C%2Fli%3E%0A+%09%3Cli%3EUp+to+eight+chart+styles+are+displayable+on+ten+time+frames.%3C%2Fli%3E%0A+%09%3Cli%3EOver+100+technical+indicators.%3C%2Fli%3E%0A%3C%2Ful%3E","timeout":15}