Social Trading is a term given to a community of investors and traders to take advantage of like-minded people who wants to share their trading skills or for followers who want to replicate the success of other traders who are successful with their trades.
The structure is usually typified by a Lead Trader or Master Trader who would establish their own community via their own websites or Social Medias publicising their accolades of trading achievements with a wealth of subscribers/followers behind them.
The Lead Trader are known as the Fund Manager or Money Manager who trades or exchange their expertise to other traders who want to learn or simply trades on the follower’s behalf.
If you are fascinated about the Financial Markets but don’t know where or how to begin, or you knew that eventually you have to get into the Financial markets anyway as your wealth starts to build up and you need to look for alternative ways to create more wealth or create passive income stream as you know that soon enough you will be retiring from your main income generating activity. In ALL, it makes sense to create additional income stream as you just never know what’s going to happen to you or that one of the income streams may suddenly hit a brick wall.
Fund Management may very well be the answer you are looking for as it offers investment solutions operated by experts in the industry.
These experts are trading professional whom have a long history of trading success and had many followers due to their record of achievements.
The Trading Professional who is the Fund Manager or the Money Manager of the account, would then become the Master Trader who shared in a pool of funds accumulated by the followers and the profits and losses are apportioned by the percentage they contributed after the management fees and operating fees have been deducted.
*Video below explains how the social trading works.
