What are the pros and cons of online stock trading?
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Thе paper I аm doing іt fοr gave mе a website tο ɡο tο, bυt іt’s nοt working anymore, ѕο ԁοеѕ anyone hаνе аnу opinions οn thе pros аnԁ cons οf trading уουr stock online?
Thе paper I аm doing іt fοr gave mе a website tο ɡο tο, bυt іt’s nοt working anymore, ѕο ԁοеѕ anyone hаνе аnу opinions οn thе pros аnԁ cons οf trading уουr stock online?
Tags: Stock Trading
If you are in the ‘developed’ world (UK, Europe, USA) then there is no other way to effectively deal stocks ..
Paper Share Certificates no longer exist and (your Teacher should know this) ALL trading is done ‘on-line’ ..
Some ‘traditional’ traders still like to ring up their ‘broker’, however, unless you are blind (and thus unable to use a PC) or a millionaire (and don’t have the time) it’s totally pointless, since all your ‘broker’ is going to do is log on and perform the exact same trade you could have done yourself (expect he will charge you a higher rate of commission than you get by doing your own typing) …
Comment by Steve B — December 28, 2008 @ 5:01 pm
There are no disadvantages.
You get better access to your account, lower trade costs, downloadable trading history, and access to reputable research from S&P and Reuters.
You even get a checking account and credit card to transfer funds.
I like Scottrade more than Charles Schwab.
Comment by Oracle Apps — December 29, 2008 @ 9:26 pm