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A while ago I spoke about Tradertwit and what this “Social Trading” or “Crowd Trading” consisted of, but today we are going to see its novelties and how we can earn money and learn to be consistent in our Trading with them.
Can you live on the Stock Exchange?
Until very recently, this was a recurring theme, always asked and never answered in many forums and blogs for years. There is always the anonymous one that says yes, another one that says it’s all a trick on the bag, and never, I never repeat an evidence that someone can get important income with a moderate risk.
This has changed. With the arrival of Tradertwit, a social trading platform with a “peer to peer” philosophy, you can prove yourself, see how others do it and earn money with the platform without risking your savings.
Tradertwit has designed a trading challenge that consists of 50 levels. Each level will give you a score depending on how you do it. A less risky operation to obtain the same% that is required to pass the level, will give you as a rule more points.
Until now to learn how to trade in stock you had 2 options. Open a Demo account or practice with a simulator. Many indicators and lines that seem magical, but the fact is that both solutions do not form you in the two things that surely make up 90% of the success in the stock market.
Psychology and risk control in Trading
The issue of risk control has been solved with a proprietary algorithm, which will lower your score if your volatility is high and your risk is out of control.
Psychology can only be trained with money and therefore, they have different rewards that you can achieve in different stages of the challenge.