Social Trading Super App for Main Street Investors Is “Past performance is not indicative of future results” the biggest lie or the ultimate truth?
The rise of social media-based retail trading produces investment “personalities” and “gurus” with bold and conflicting opinions on an asset’s future direction that confuse traders. Equity research teams, fund managers, and journalists continue to make predictions that are not being verified for accuracy.
Traders need to know whose investment predictions are factually trustworthy based on the predictors’ track record. By keeping a track record of accurate and inaccurate predictions, FatBull holds the likes of Cathie Wood, Warren Buffet, r/wallstreetbets influencers accountable by verifying their predictions and trades for social discussions.