• Trading requires more skill from the user.
• New traders often face two major challenges: not knowing where to begin and being reluctant to make a commitment.
• Stonk is a network of intelligent investors that aims to improve the trading experience for both retail and professional traders.

Robinhood (NASDAQ.) and Webull changed the way that retail investors trade by offering free commission-free trading. The total volume of equities traded has increased from 10% to 25%. There are now over 100,000,000 accounts for retail investors at six major brokerages.

Although it is as simple as opening a credit account, investing has been easy. However, this low barrier to entry can lead to many individuals trading without financial expertise, which results in significant financial losses that impact their financial health and well-being. Research shows that the majority of traders don’t get professional training and make an average of one trade per month, with as many as 87% of individual investors reporting losing money in the 2022 stock market dip.

Challenges Beginner Investors Face

Trades can be intimidating for beginners. Trading data can be made public under the law. However, advanced data analysis skills are required to interpret and use this information. Professional traders don’t do this alone. The problem isn’t accessing data; it is the lack of financial literacy and knowledge among retail traders.

The two biggest challenges for beginner investors include not knowing where and being reluctant to begin trading. The first is that retail traders don’t have the necessary knowledge. They turn to YouTube and other internet search engines for information. But the information they do find can be outdated or not up-to-date. Retail traders must have access to current information from professionals and market data daily in order to succeed. The second reason is that beginner investors tend to be cautious when choosing between the various trading platforms. It is crucial to choose the right platform for them.

Stonk makes retail investors more successful in trading

Stonk is a brokerage platform that combines social media with sophisticated trading tools. It helps novice investors to overcome their challenges and improve their financial literacy. This platform is designed to teach people with no financial background how to trade professionally.

Stonk subscribers get access to an advanced trading software with options flow (whale alarm), insider trades warning, dark pool print alert, trading live stream, and other exclusive features. To learn more, they can connect with other traders and share investment ideas that are relevant to current market conditions. Stonk provides professional trader interpretations of trading data and shares information to help traders get the most out of their data. With Stonk, users can also try out the platform’s trading simulator to make an informed decision about whether they should invest or not later on.

Stonk helps to bridge the gap between retail and professional traders through building a network of intelligent investors that want to make trading easier. Retail traders will be able to access a new place where they can share insights with minimal restrictions, thanks to the social sharing of fun content and the exchanges of meaningful knowledge.

You learn how to manage your financial assets over the course of your life. Over the years, people’s behavior and attitude toward trading evolved dramatically: 10 years ago, university graduates didn’t know anything about trading, whereas students now start investing early on. This shift shows that trading does not happen only on Wall Street. Everyone should be able to trade, and have better financial education.

Continue reading on CoinQuora