What is Social Trading and How Does It Work?

Hey everyone,
I’ve recently come across the term “social trading” and wanted to understand it better. From what I gather, it involves following or copying other traders’ strategies — but how exactly does it work in real-time?

Some questions I have:

  • How is social trading different from traditional trading?
  • Is it beginner-friendly?
  • What are the pros and cons?
  • Any recommended copy trading platforms you’ve used personally?

Would love to hear your thoughts or experiences.

i know one famous investor Mr.Pabrai who openly says he copies what Mr.Warren Buffet does. Wonder if this is social investing…

Yes, what Mohnish Pabrai does is a form of social investing in spirit. He studies Warren Buffett’s moves and openly clones his strategies — just like how copy trading platforms let users mirror top traders automatically.

The key difference is: Pabrai does it manually with deep research, while copy trading makes it easier for beginners to follow pros in real time.

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