Do you believe that social trading can work? E-toro
Do you believe that social trading can work?
Etoro is a famous platfom for copy people others work.For example you see 10 people that they have success in the last 12 months( or 2-3 years) and you can just copy and invest your money.It sounds too good to be true.
Of course most people will say that if someone has profit in the last 2 years does not mean that will have profit in future.But again its a good sign.If you see someone that has success after 1000 picks in soccer then it is possible to be a good tipster.
This copy trading style reminds a lot of Blogabet(but in Blogabet there are a tons of fake accounts,just to gain a money subscription).
What is your opinion?At Etoro you can find a hundred of profitable profiles.