Community,
Working on my Pitch Deck...
Any good writers out there to help me clean this up?
Advantages of Social TradingSocial trading has been welcomed by many especially novice traders over the last couple of years. It is a form of trading that has enabled some traders to improve their trading profits by significant levels especially those that copied trades of recommended traders.
One of the biggest benefits of social trading is that traders do not require any trading experience to do it. Take for instance ZuluTrade which auto selects a portfolio of trades for traders. All that is required is to identify a trader with a good win-rate ratio and you are most likely to profit.
Or E-Toro...
Social trading has the potential of shortening a traders learning curve. A trader can be transformed from novice to experienced trader. Rather than attend courses and seminars which do not deliver all the trader needs to learn in the few hours that such interaction takes place, social trading provides an opportunity for novice traders to follow the lead traders, copy their trades, and interact with the lead traders to understand why certain positions have been taken. It is simply a question of watch, copy, ask questions and learn. It is far better than autotrading, which is the precursor to social trading.
Unlike trade alert services where the subscriber to the service simply follows the trade alerts like a robot with very little personal interaction between the trade alert provider and the subscriber, social trading is a more personalized approach to the concept of trading in a community.
Additionally, Social Trading takes emotion out of the equation thereby reducing trading risk associated with psychological inclinations.
Social Trading also helps traders share experiences via the various social platforms, such as forums, community websites and blogs, as well as, via comments sections.
Why not help bring a platform like this to crypto?
I think the idea is pretty solid if you ask me.
Based upon the crypto market topping $11,000,000,000 recently and the fact that I'm capturing 10-20 extra users a week via Social Media, the idea has legs.
Maybe I need to change my pitch a bit, that's something I know I can work on.
Anymore input would be appreciated.
Cheers,
Rich T.
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