Social Trading: A new Emerging Phenomenon?

In earlier posts I have been writing about Social Investment Networks also called Social Trading; I have also been written about Social Trading in the articles

• Advantages of Forex Social Trading Networks and What to Consider: Copying a Trader in a Network 
• Benefit From a Forex Social Trading Network: Learn to Trade Forex 

I was on eToro’s website; eToro is the largest social investment network in the world; they have had more than 50 millions trades on their trading platform; out of the 50 million trades were 32 million copy trades which are 64 percent of their total trades.

A copy trade is a trade made by a trader; the position is then copied by others.