| Updated: September 15, 2025Introduction to social & copy trading
Here you will learn
- What is social trading?
- What is copy trading?
- How to select the best platform and traders?
Social trading is a relatively new concept that adds a fresh level of usefulness and practicality to the otherwise monotonous structure of social networks. Of course, you might argue that social networks have always been useful, and to some extent you would be right. They can help you increase exposure to your site, spread your message and improve your site’s rank. However, although these options are always at your disposal and certainly useful, they are not as direct in their functionality as social trading.
What will you learn from this guide?
But what is social trading? The goal of this guide is to introduce the idea of social trading to anyone interested in making money by utilising the knowledge and skills of others. Likewise, we also want to introduce the concept to people who wish to share their knowledge and experience. Social trading takes social networking to the next level. It is used to share valuable information in the financial sector, essentially revolutionising how the market works by removing the huge gap between experienced and novice traders. Moreover, social trading significantly shortens the learning curve and allows more people to join the ranks.
This means that even if you’ve never traded before, you will still be able to begin without the risk of losing all your initial capital. You will learn faster, and you will learn directly from people who know the market and have proved themselves many times over. In case you’re wondering, that is not how things used to be. Before social trading, if you started trading you had to spend months, if not years, studying the market as well as fundamental and technical analysis, and even then there was no guarantee of success. You could end up losing all your investments either way. Today, you still have a lot to learn, but with the help of social trading you can learn faster and trade with a much lower level of risk.
How will we proceed?
The guide will introduce the core concepts of social and copy trading to your attention. After you’re familiar with the basics, we’ll move on to more advanced aspects of trading. We will teach you all you need to know about social and copy trading. We will introduce you to different platforms and help you choose the ones that best fit your style. Then we will help you select the traders you want to learn from. You will see how they act and, at first, will simply imitate them without understanding what is going on, but in time you will learn to recognise the good moves and make your own informed decisions.
The guide will proceed to help you realise that trading is not as easy as it looks and as some people would like to make it seem. We will teach you the essentials of what you need to know about the market, as well as fundamental and technical analysis. Thus, we will further accelerate your learning process by presenting all the basics in a synthesised form. We will also give you a few tips on money management and risk management. Then we’ll teach you how to overcome stress and not let it affect your judgement.
In the next part of the guide, we will teach you how to spot different schemes, as well as warn you about certain things you need to be careful of. Since there is never a guarantee, you would do well to remember that you can always lose. Don’t think that, just because social trading simplifies things, it is going to be a walk in the park. Remember that things are rarely as easy as they seem.
We will finish the guide with some advanced tips and definitions. At this point, you will be well on your way to becoming a real trader and you will know everything you need to know in order to enter the field. We’ll answer some of the most frequently asked questions and give you a few final words of encouragement to wrap things up.
Final words
Get ready to enter a new realm of trading. This journey will not be easy, but it will be worth every minute invested. Do you have what it takes to be a trader? By the end of this guide, you will be able to give a definitive answer to this deceptively simple question. Look at this guide as a boot camp that will prepare you for the immense world of trading. However, just like with normal boot camps, what you learn here will provide a solid foundation, but you will have to keep improving yourself in the future. You will have to learn from experience, from your mistakes and from the mistakes of others. If you want to become a trader, we will give you a good start, but it is entirely up to you to reach the destination of this journey. It takes more than theoretical knowledge, but we will do everything in our power to help you. Soon enough, we will know whether you were up to the task. So, do you have what it takes to be a trader? Let’s find out!