Page 21 - MEX-Yearbook-2017

Online trading found to be both a boon and a curse been enhanced, but now there are even more things for them, online trading has been the incomparable
for the traders around the world. It enables them to that can go wrong: from failures to malicious gift. Similarly, the investors make long-term trade,
buy and sell financial contracts and commodities attacks to outright sabotage, the absolute number of which is often for more than months and years, so
from anywhere on the planet. It has effectively factors means online safety should never be taken the online facility makes no more difference on
transformed the way trading is done in the present for granted. them. However, for small and medium traders and
time, although this does not come without its Though people prefer to be in the contact of the investors, the online trading and study support for
own segment of predicaments. The advantages brokers and be in touch for the information about the analysis gives them the better understanding
and disadvantages of online trading have been the assets that could make them some money via of the asset and also helps for the forecast of their
discussed further in the paragraphs. trading, the youths have found online trading to price action.
First, the advantages of online trading have brought be preferable than other methods of trading. The Yet online trading definitely has its defects, the
in the trading floor. Also, what shines the most is preference of self-study of charts and control on numerous advantages make the future of said
the ease that comes with being able to trade at the choice of the assets attracts the youths. They trading all but guaranteed. Yes, this will inevitably
one’s leisure. People are no longer bound to their find themselves challenging enough to perform involve some growing pains, but in the end, regular
brokers. As the information technology boost up, trading. Investors, whereas, do not make such traders will carry the day, while those less able will
one no longer has to be in the surroundings of the preferable difference, since they give more have to rely on their good fortune. After all, the ease
telephone so they can phone orders to their brokers, emphasis to the fundamental part of the asset. In and flexibility that online trading has presented
hoping for luck to be in their favor. In present the market, while one aspect can be favorable for cannot be negated that easily; being able to trade
times, market opportunities can be subjugated in the one party but can’t be same for the other. For on the go- quickly, capably and safely will always
real time, by them on their own. Moreover, online instance, the traders love to make trades faster and exceed the occasional mishap or a rash judgment.
accounts have become easier to open and manage.
In statistic, since online trading is operated by the
computers and networks, online accounts can be
accessed anytime. In addition to this, online safety
has gained a height where traders do not have to
worry about anyone ruining their entire portfolio;
in fact, regular traders can seize a sizable fortune
in a relatively short span of time, without ever
having to worry about online safety. Similarly,
online trading rewards passionate traders with
lower commissions, costs and various incentives.
The best part is that anyone can be into the trading–
all it takes is few amount of money to get started,
the willingness to invest and a computer with
network connectivity. Another hidden advantage
of the online trading is that you can predict the
market behavior and use this to predict the rise
and fall in the price of the assets. You will be
handling your own finances and be responsible for
them. Over time you become more experienced
in understanding the market and make good
investment opportunities. So while making quick
bucks, you also manage to become financially
smarter in both your professional and personal life.
However, with ease of online trading, people
neglect the fact that there is a price for such ease.
In this particular instance, the convenience is the
price; otherwise, it can make traders prone to risks
they might not take or even have access to. Make
no mistake, there is a degree of risk to any trade,
online or otherwise, but these way traders can
make more of them which means more risk. Since
the broker’s involvement has been reduced to a
minimum, you might be left lonely. Besides, by
relying on all this technology, online traders leave
themselves open to all sorts of mechanical failures
and software glitches that can be quite costly. Also,
as critics love to point out, the old dependency
on phones and landlines has been replaced by a
similar dependency, notwithstanding on another
medium – the Internet. The connectivity itself has

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