"Don't stay in bed, unless you can make money in bed." Internet Stock Trading activity has increased significantly over the past years.
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Currently, over 20 million people trade stocks online and about 48% of New York Stock Exchange volume is completed electronically.
People no longer have to take trips to distant places or spend money on expensive telephone calls. They simply click their way around the internet, and find plenty of stock trading options. Internet Stock Trading is a hobby for some people. For others, it is a business that will make or break them.
Things to know before you start trading stocks online:
Take your time researching the particular companies you are interested in before securing a brokerage firm for those trades.
Check out the legitimacy of the brokerage firm you plan to work with.
Take your time to learn the various policies and procedures.
Before risking your hard-earned money, you should develop, practice and master your trading strategy in a simulated environment first by openning a demo account.
When considering an online stock trading broker compare its set-up fees, annual fees and more.
Most brokers will let you make trades for less than $10 with no monthly fees.
Spring and summer are typically the weakest quarters for the stock market.
Day trading accounts for about 10 percent of the volume of the Nasdaq Stock Market.
More than 15,000 new on-line accounts are opened every day.
The mint makes it first, it is up to you to make it last. - Evan Esar quote.
Lack of money is the root of all evil. - George Bernard Shaw quote.
Don't stay in bed, unless you can make money in bed. - George Burns quote.
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