Social Trading is the Future of Funds

When thinking of Collective2, Darwinex, eToro, ZuluTrade, Ayondo, ISystems, etc. what do you think they all have in common? They all utilize something called social trading. This is something that we, QuantPortal, also think is quite important. That is why we took interest in it. You might even argue that to an extent, Stocktwits and TradingView implements an aspect of social trading.

The ability to see what others are doing, what they are recommending, their trades and strategy performance allows for transparency. It makes it easier to dig up for the data when it is right in-front of you, and starts allowing regular people to be a part of the big game of finance.

It is also well for large hedge funds wanting to make a name for themselves, yet finding an easy way to branch out. Think of this as a new “branding” tool they might be able to utilize.

I like the idea of not just creating balance, but seeing what me, and perhaps maybe even people like Dave Portnoy can provide. This is why I think social trading may be the next big trend in the industry. Just keep in mind laws, disclaimers, regulations, and local jurisdiction. You still have to adhere to certain things and be careful what you put and how you act.

Disclosure: Please keep in mind, everything I say is on an opinion based basis. This is not meant to be taken seriously or as actionable financial advice. Do your own due diligence and any trades you do is at your own risk. We are not responsible, proceed with caution and we are trying to voice an opinion not meant to warrant action. This is solely meant to be viewed as a non actionable opinion not meant to be taken as seriously or as a form of actionable advice.