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SOCIAL TRADING USED WISELY

Social trading is widely used nowadays by the majority of traders who either do not have the time to spend on their PCs or prefer to follow professional traders.

But is social trading an easy task to do or is it more than that?

When following other traders this is also considered to be a strategy. Followers should always have in mind whom to choose to follow, the level of investment, such as leverage and lots size, and the tactic that is to be implemented when diversifying among different traders.

Therefore, social trading is not only about following successful or professional traders but it is the skill to follow the right people.

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Wednesday, 27 Jul, 2016 / 2:05

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : http://blog.argusfx.com/2016/07/27/social-trading-used-wisely/

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