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submitted 2 weeks ago by nvstly to c/finance
 
 

What is Social Trading?

Social trading is a revolutionary approach to financial markets, leveraging the power of community and technology to democratize trading and investing. Unlike traditional trading, where individuals make isolated decisions based on personal research and analysis, social trading allows users to observe, interact, and replicate the trading activities of others. This communal approach not only opens up financial markets to novices but also creates a collaborative environment where traders of all levels can learn and grow together.

Social Trading Explained

The Core Concept of Social Trading

At its core, social trading is about transparency and connectivity. It transforms the solitary act of trading into a collective endeavor, where information, strategies, and experiences are shared openly within a community. This is facilitated through platforms that provide real-time access to the trading activities of others, enabling users to follow successful traders, copy their trades, and gain insights into market trends.

Key Elements of Social Trading:

  1. Trade Sharing: Traders share their trades with the community in real-time, providing insights into their strategies and market movements.
  2. Copy Trading: Less experienced traders can automatically replicate the trades of successful investors, benefiting from their expertise without needing deep market knowledge.
  3. Community Interaction: Platforms often include features like discussion forums, leaderboards, and social media integration to foster interaction and learning.

The Rise of NVSTly: The Best Platform for Social Trading

What Sets NVSTly Apart?

Among the plethora of social trading platforms, NVSTly stands out as a premier choice for several reasons. It combines a user-friendly interface with robust features, making it an ideal platform for both novice and experienced traders. Here’s why NVSTly is the best platform for social trading:

  1. Completely Free: Unlike many other platforms that impose a paywall, NVSTly is completely free. Users can sign up and access all features without any cost, making it accessible to everyone.
  2. Cross-Platform Availability: NVSTly is available on both web browsers and mobile devices (iOS and Android). This flexibility ensures that users can trade and interact with the community anytime, anywhere.
  3. Unique Discord Integration: NVSTly is the only social trading platform fully integrated with Discord. Through a unique bot, users can perform almost all actions on NVSTly directly through Discord, enhancing community interaction and ease of use.

NVSTly’s Standout Features

NVSTly offers a comprehensive suite of features designed to enhance the social trading experience:

  • Real-Time Trade Tracking and Sharing: Users can track, share, or copy trades in real-time. Each position comes with extensive insights and performance stats.
  • Multi-Market Support: NVSTly supports trading in stocks, options, and over 25 cryptocurrency exchanges, with plans to include futures and forex markets soon.
  • Trade Insight UI: Every trade has a dedicated UI showing all events (open, average, trim, exit) along with real-time asset data and a unique POV chart marking key trading points.
  • Global Trades Feed: A real-time feed showing all trades submitted by users. It includes filters to show trades from specific traders, top trades, or specific tickers.
  • Global Leaderboards: Rankings of top traders for each market or combined markets, allowing users to follow and learn from the best.
  • Real-Time Notifications: Follow any trader and receive notifications of their trades in real-time.
  • Brokerage Integration: Automated tracking and sharing of trades executed within the broker, with cryptocurrency exchange integration coming soon.
  • Automated Signals and Sharing: Trades can be shared instantaneously to social media and Discord.
  • Future Goals: NVSTly aims to implement 1-click copy trading, simplifying the process even further.
  • Trader Dashboards: In-depth performance stats for each trader, including trade history, win rate, total gain, average gain/loss/return, highest winning trade, and more.

Why NVSTly is Ideal for Social Traders

NVSTly's blend of comprehensive features, accessibility, and unique integrations makes it the ultimate platform for social trading. Whether you’re a beginner looking to learn from seasoned traders or an experienced investor seeking to share your insights and grow your following, NVSTly provides the tools and community to achieve your goals.

The platform’s commitment to being free and its integration with popular communication tools like Discord highlight its user-centric approach. By fostering a supportive and interactive environment, NVSTly not only enhances trading success but also builds a vibrant community of traders who can thrive together.

In conclusion, NVSTly redefines social trading by combining cutting-edge technology with a robust community framework. Its extensive features and unique integrations position it as the leading platform for anyone looking to engage in social trading. Sign up today and experience the future of trading with NVSTly.


NVSTly is available for free on web, mobile devices (iOS & Google Play), and is fully integrated with Discord via a unique bot- the only of it's kind and available to any server or trading community on Discord. Or feel free to join a community of over 45,000 investors & traders on our Discod server.

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submitted 3 weeks ago* (last edited 3 weeks ago) by nvstly to c/finance
 
 

At NVSTly, we embrace the concept of "building in public." This approach shapes how we develop, test, and roll out features, with the goal of making NVSTly the best social trading platform for our users. But what exactly does building in public mean for NVSTly? Let’s break it down.

Updates as They’re Finished

Instead of waiting to bundle new features and fixes into big, infrequent releases, we push updates as they’re completed. This ensures users benefit from improvements as soon as possible. However, our agile development style means you might notice subtle changes before they’re officially included in a published changelog. These incremental updates allow us to iterate and enhance the platform quickly.

Internal Testing, Real-World Feedback

Before any update reaches the production environment, our team conducts internal testing to ensure the new feature or fix works as intended. For example, a recent update to allow stats and daily/weekly recap commands to function with usernames containing spaces was thoroughly tested internally. Unfortunately, this change inadvertently broke compatibility with Discord IDs, highlighting the challenges of anticipating every edge case.

This is where building in public comes into play: while we strive for thorough testing, some issues only emerge when updates meet real-world usage. That’s why we rely on our vibrant user base to help us identify bugs, unintended behaviors, and areas for improvement.

The Role of Our User Community

Our users play a critical role in the development process. By using NVSTly in their daily trading workflows, they encounter scenarios that internal testing might miss. When users report bugs, glitches, or other issues, it provides us with invaluable insights into how the platform performs under various conditions.

If you ever experience something on NVSTly that doesn’t seem to work as expected, we encourage you to report it to us. Unlike platforms that may identify and resolve issues passively over time, NVSTly relies directly on user feedback to detect and prioritize fixes. Every report helps us improve.

Changelogs: A Snapshot of Progress

Given our frequent updates, we publish changelogs only after accumulating several changes or introducing major features. This means that when you see a changelog, many of the updates listed might have been implemented days or even weeks earlier. While this approach helps us focus on building and refining the platform, it’s another example of how building in public keeps the development process transparent.

Why Building in Public Matters

By building in public, we:

  • Accelerate innovation: Continuous updates ensure the platform evolves rapidly.
  • Foster transparency: Users gain insight into what’s changing and how issues are addressed.
  • Strengthen collaboration: Feedback from users directly informs our priorities and solutions.

This approach isn’t without its challenges, but we believe the benefits far outweigh the risks. Building in public allows us to create a platform that truly meets the needs of our community — a community we’re proud to involve in the journey.

How You Can Help

If you notice a bug, glitch, or unintended behavior, please let us know right away. Your feedback is essential to making NVSTly better every day. Together, we’re not just building a platform; we’re building a community-driven experience that reflects the collective expertise and passion of its users.

Thank you for being part of the NVSTly journey. Let’s keep building — together.


NVSTly is available for free on web, mobile devices (iOS & Google Play), and is fully integrated with Discord via a unique bot- the only of it’s kind and available to any server or trading community on Discord. Or feel free to join a community of over 45,000 investors & traders on our Discod server.