Democratization Social trading into Digital Banking using ML - K Nearest Neighbors

Social trading is an alternative way of trading by looking at what other traders are doing and comparing and copying their techniques and strategies. Social trading allows traders to trade online with the help of others and some have claimed shortens the learning curve from novice to experienced trader. By copying trades, traders can learn which strategies work and which do not work. Social trading is used to do speculation; in the moral context speculative practices are considered negatively and to be avoided by each individual who conversely should maintain a long term horizon avoiding any types of short term speculation. For instance, if you look at the eToro, one the biggest Social Trading Platform.