The Social Forex Trading blog starts posting today!
I'm very excited about this blog. Trading forex and the financial markets was always a goal for me, a way to try and create to myself an alternative income source. I'm not in a position to quit my day job, and I was looking for a way to reduce my dependence on my job over time. Now i think i found the best solutions for myself - social forex trading.
I'm only starting, and this blog will be a sort of a journal for me as i take my first and hopefully first steps in the world of social forex trading. I hope that over time I will be able to gather useful resources about social trading specifically and about trading in general.
I wanted to start trading for myself for a long time, but life seems to always get in the way. You probably know how it is, work, school, family or a list of errands that seem to be ever growing will always be there. Not only that I felt I didn't have time to trade properly, I felt I wasn't building any momentum. With social trading, I can copy the trades other traders execute automatically or use my own judgemnt and trade for myself using ony the trades I like. I also can build a portfolio of the traders I like the best and monitor it to get trade ideas or just put up an automatic account that will follow the trades of the traders i choose to follow.
That way I hope to make profit from their trading skills and to start gaining momentum by following my portfolio and trading by myself. If i can follow a trader with a solid track record, why not take trading ideas, right?
So far I one platform that seems to by the leading social trading platform today. So I'll share it with you on the first post of this blog. It's completely free to sign up and take 30 seconds, so you can even do it right now, all you need is an E-mail account.
Click here to sign up to eToro.
