Relationships on trust
The idea that trading on the stock exchange is accessible and simple is gradually becoming the norm. This is evidenced by the record influx of private investors, provoked, among other things, by the emergence of high-tech brokerage services. Social trading, which exists at the intersection of social media and securities trading, can become a driver for further development of the industry, improving customer experience and the image of the stock market as a whole.
Despite the obvious uberization of brokerage services, social network trading in Europe is just beginning to gain momentum. If in Europe 15% of the population is involved in the stock market, then in the USA it is 55%, and 25% are engaged in trading using social networks. This is largely due to the transparency of the stock market, the openness of companies and the abundance of information about issuers.
An important contribution to this information field is made by various Internet resources where private investors communicate with each other, and discuss investment strategies and trading ideas.
Continue reading “Social networks for traders help to learn how to work on the stock exchange”

