| Technology has widened the scope for tremendous | | | | publicity may increase the price and the market |
| growth in the stock market. Stock dealing on the | | | | capital of a stock but it may not be beneficial for you |
| Internet involves only execution of the orders. You | | | | as a buyer. |
| can buy or sell your stocks from more than 100 | | | | - When the stock market drives down the price of a |
| online brokers instantly. Online trading is the quickest | | | | stock, you can make big money on the investment |
| and the most convenient way of dealing in stocks. | | | | made after identifying that stock. This is due to the |
| Steps to trade stocks online: | | | | fact that stocks that fall hard are observed to |
| - The first step involves identifying a good online | | | | bounce back and show good quarters for investors. |
| broker, to avail of inexpensive services and tools. | | | | - Your losses can be limited in the fast moving stock |
| - Make sure that the online broker has an easy to | | | | market, if you gather sufficient information on the |
| navigate website. The web pages must load quickly, | | | | stocks you intend to buy and the investment risk |
| since you may have to look at more than one chart | | | | attached. Consider the long-term growth |
| while you wait for the right price to buy or sell the | | | | opportunities of a particular company before buying |
| stocks. | | | | stocks online. |
| -The trading screen should be well organized for you | | | | - According to the wall street journal, if you have |
| to double-check all the information before trading. | | | | your stocks in a great company then the best time |
| - Do not opt for delayed quotes. A delay of 15-20 | | | | to sell your stocks is 'never'. If you cancel the online |
| minutes can affect your chances of profit. Ensure | | | | trade, immediately contact your firm to ensure that |
| that you avail of real time quotes. A good online | | | | the original transaction was not executed. |
| broker will execute your interests as quickly as the | | | | - Always remember that trading of stocks online is |
| stock moves a point. If there is an unnecessary | | | | not an instantaneous process. Technological 'choke |
| delay in filling in the order, you could stand to lose. | | | | points' like a slow or faulty Internet Service Provider |
| - Take time to choose the best online broker | | | | or computer can slow down the process of your |
| because the wrong choice can turn online trading into | | | | orders reaching the firm. You can also avail of |
| a nightmare. It pays to access the stock trading | | | | telephone trade or faxing your order. However, |
| forums and conduct thorough research. | | | | these alternatives also come with similar delays. |
| -Reputed online brokers are equipped to provide | | | | When a number of investors trade at the same time, |
| quick confirmations on orders and offer account | | | | prices change and delays become unavoidable. As an |
| balance information and current portfolio updates. | | | | investor, you could suffer unexpected loss. You |
| - Look for an undervalued company. Do not just buy | | | | should make sure that you understand all the |
| the first over publicized share you come across in the | | | | nuances of buying and selling stocks online, before |
| headlines of the local business newspaper. Because | | | | you make any move. |