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Trade network

https://www.etoro.com/
Trade network platforms are online networks where retail traders share investment information and, in some cases, automatically copy strategies of top-ranked peers. In other words, social trading is the process through which online financial investors rely on user generated financial content gathered from various Web 2.0 applications as the major information source for making financial decisions.

It is not just about copying. Part of the attraction is that it provides a large pool of free crowdsourced information from investors all over the world. A trader in China, for instance, could have very specific knowledge about Chinese consumer stocks that could benefit a trader in the UK with more knowledge about G10 currencies.

Trading statistics show that 81% of trade network platform users share their complete portfolio and trading activity.


Social trading provides a rich environment for you to thrive. The platforms give you access to tons of important and synthesized information you would need a lot of experience and knowledge to acquire otherwise. Through the perpetual data stream, social trading allows you to enter trades and make financial decisions without necessarily possessing the knowledge required to make the right moves. Social trading is the ultimate weapon for the new trader.
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On the other hand, if you're an experienced trader, you might want to help others and give back to the community. You can easily do it via trade network platforms where you can be sure that the information you provide will be read by people who will use and appreciate it.

I am a social trading pro - have been doing social trading using trade network platforms successfully for around 2 years now. Have seen so many sites throughout the web offering you to trade socially. Every sites has their pros and cons. Considering all these, I found eToro the most useful. Below we write down their pros and cons:

eToro : Your Social Investment Network

Pros

  1. ZERO PREMIUM per position. Well they make money from the spreads - so they don't need this - explained by their customer service once.
  2. Minimum amount to start a position is as low as $25. Tha's the lowest I have seen in all the sites.
  3. Flexible leverage. You can tweak the leverage from 5 to 400 - that's something really surprised me. The more the leverage - higher the profits. On the other hand - you can decrease it to make safe trading.
  4. Social trading and news feed. This is pretty unique feature of eToro. You can get connected to leading investors around the world, post your predictions, or follow others - just like any other social networking platforms.
  5. Account verification. eToro is a CFD trading website (more on this on some other page). You must be verified before you withdraw any money to your bank account. In other CFD trading sites - it's very difficult to get yourself verified. But you can get it done in eToro almost immediately.

Cons

  1. They charge some withdrawal fees - though pretty small. You can take out all the profits to your bank account - but deducting that fee. Plus any charge if your bank deducts any fees for deposit from cross-currencies.
  2. Mandatory stop loss. Sometimes you would want to keep the trade open - in case the security doesn't move the expected way - but this you can't do here. All you need to do is watch your positions all the time and keep decreasing the stop loss once it starts moving the opposite way. If you take your eyes of it - it can end up in losses anytime. Keep watching it - so that it doesn't.
  3. Not all securities are available. Though that doesn't really affect you - as most of the securities that KEEP MOVING - you get all those here. In case you need them to enlist a new security - you can request their customer service.

Social trading and social networks

Similarities

Social trading on trade network platforms gives you the unique opportunity to get information about the market from other interested parties. You can trade in collaboration with them or simply use the provided data for your own trades - that's entirely up to you. Social trading works on the basis of social networking. Just like Facebook is a platform that connects you, your family and your friends at all times, trade networks provide a nurturing environment where novice and veteran traders can exchange data, strategies, methods and ideas.

Differences

The main difference is that trade network platforms focus on the trading instead of the social aspect of the person's online and offline activity. Just like in Facebook, there is a lot of information about you contained in your profile. However, unlike Facebook, the information is not focus on you as a person, but on you as a trader. In most platforms you can easily check out an investor's portfolio and see if they are successful or not, how much they've made in the past and what their niche is. Social trading is based on the constant free flow of information on the network. Just like your Facebook feed allows you to see what your friends have been up to and keep you up to date, so do trading sites feeds inform you about what other traders are doing and how they are investing. They often share vital information and help you make advised decisions based on that information. Similarly to Facebook, not everything is true - sometimes people misinterpret data, and sometimes they just lie for their own personal gain (whatever it may be). That's why it's critical to check a trader's profile before you decide that you want to listen to their advice.

The daytrader

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Make money with MySpace

Socializer
FREE service to make updating your social networks a snap!
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Do you have a MySpace Account? Enjoy hanging out on MySpace or Facebook? You can also earn money from this! Get Free Followers provides you nice and easy way to cash in on your MySpace Account.

MySpace and Facebook are both powerful marketing tools that aren't exploited at their full potential. Even they have hundreds of millions users, only a very small part of these users know they can earn thousands of dollars using MySpace or Facebook.

There are 2 ways you can make money with MySpace in Get Free Followers :

  1. Add MySpace Connections to your account.
    You add your account for others to connect it in Get Free Followers and increase the MySpace Connections. This will boost traffic to your pages that you hve posted on your MySpace stream. You only have to host some advertisement in your pages now, which will convert that MySpace traffic to a sizeable revenue.
  2. Earn Coins sending MySpace Connections request to other users!
    Even if you don't have others to connect you and see your stream, you can still make some bucks daily by just sending other MySpace users Connection requests - with the help of Get Free Followers tool.

    Very simple! When you connect other users' accounts in Get Free Followers, you get some coins. Then you can convert these coins to REAL money from the Coins to Cash section and withdraw that whenever you want - minimum amount required for withdraw is only $1!

Above 2 sections will take you through a detailed how-to article to explain how you can make money with MySpace. Sure, it's easy to get frustrated by the overblown bells and whistles that go along with a typical MySpace visit, but there are many reasons why it's still a useful tool for musicians looking for gigs, fans, and exposure.

  1. Fans are taken right to the music

    - Pretty much everyone looking for music on the web knows this, so MySpace is one of the first stops when looking for a particular song. It's a no-frills way to hear the latest single from a band.
  2. Standardized site for clubs/press to link to

    - Regardless of how fancy and flashy your official website might be, Myspace makes it relatively easy to access all your basics. Many clubs and press outlets still prefer to post links to MySpace over the band's official site.
  3. It's an actual web presence

    - Sure, Facebook is a bit cleaner and has more buzz in the social media world, but MySpace does not require users to sign up in order to access the content. This makes for a quick and easy web presence that anyone can check out.

FREE MySpace

 

Social sharing

  1. MySpace Music Like
    MySpace has a high value because of it's massive userbase, making it potentially rich source of advertising income. Given the audience is a young demographic it's a very lucrative market for advertisers.
  2. Make money with MySpace
  3. MySpace Music Play
    Let people know about your MySpace Music. Create a widget or a song, or a video or an image and attempt to 'infect' the MySpace community with it - using Get Free Followers.
  4. Reverbnation music
    Need comments / download / subscribers for your tracks in Reverbnation?
    1. Reverbnation Plays increaser
      Get on the Reverbnation Trending Now list with the help of Get Free Followers!
    2. How to get Reverbnation Fans?
      ReverbNation has over 2.62 million users in the music industry - artists, managers, labels, venues, festivals / events - with powerful technology to promote and prosper online.
 
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    9. Get FREE Facebook Shares
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    13. Get paid to Pin on Pinterest
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