Market Magic

Wanna trade online? Play smart with these tricks

BARUN JHA
Internet trading has made the whole exercise of investing in stocks really fast and easy. However, it is not that simple as it looks over the ground and many have burnt their hands while falling prey to the promises of convenience and fast-money offered by online brokerage firms. Online stock trading has opened the world of stocks to millions of wannabe investors who might not have considered playing the stock game otherwise. The get-rich-quick success stories have further boosted the attraction for trading online. The problem is that stories of biting the dust rarely get a similar coverage, though there are more stories of failure than of success.

The continuing bull-run in the market is another reason for investors queueing up to enter the world of online trading without sufficient knowledge of the market and without any prior home work. However, once the bears take control of market trends, even for a short period of time, the investors realise that it is the time to harness their knowledge and strategies for playing the stock market game.

The rule of the game is that though internet has made it stock trading simple, it has not changed the basic fundamental of smart investing. The investors still need to follow certain rules and guidelines to help them make money the smart way, no matter whether they invest online or through traditional ways. In fact, online trading sometimes requires some extra caution. Here are some tips to help investors sail through this world wide web of online trading with not-so-easy, but smart, money.

Read Full Story

posted by Arhaan @ 11:49 PM