The concern about following someone blindly when it comes to trading which might lead you to things that might not work for you is a valid concern but as OP stated earlier, it's the professional traders that are sharing their stuff so I'm not keen on leaning too much on that very concern if it's the pros that are giving you the tips on how to read the charts and it probably would only matter when you're reading a different chart but other than that, I don't think that we're ever going to see some kind of difference and I think that the cons is just too low to not consider social trading as a good way to learn how to trade, wouldn't that be the best thing though? People sharing ideas and tricks on how to make money in the market in real time?
It’s highly possible that in every social trading group, there are of course some reputable traders that are going to share their knowledge and trading experiences, which creates an advantage for new traders to learn the process faster than trading on their own. So with that, social trading is quite beneficial for new traders in the market.
However, enriching their knowledge and own learning experience in the market should still be given the highest priority. They can’t be good traders in the process if they are not definitely inclined with trading, and they can’t be reliable and reputable traders in the future if they keep relying their success on their co-traders.
