Social trading on Woxa is a feature that allows traders to interact and collaborate with each other on the platform.
- It enables users to follow and replicate the trading strategies of experienced traders, often referred to as "Masters".
- By following these Masters, less experienced traders, known as "Copiers", can automatically copy their trades in real-time.
Social trading platforms like Woxa provide a social network-like experience within the trading community. Copiers can see the trading performance, strategies, and historical data of Masters, helping them make informed decisions about which traders to follow. This approach allows traders to learn from one another and potentially benefit from the expertise of more seasoned investors.
In summary, social trading on Woxa involves the sharing and copying of trading strategies among platform. a collaborative environment for traders with different levels of experience.
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