The Internet is an advanced and handy tool in modern society. Gone are the days that its use limited to learning and socializing. But now, a growing trend for doing business, banking and investing has emerged through online networks. In fact, one of the fastest growing markets online is stock trading.
However, if you have grown accustomed to the traditional methods of the stock exchange, then having quite a few hesitations with buying and selling stocks online is understandable and quite normal
But what you should know is that online trading can be very efficient and beneficial to you as an investor. With much perks on factors such as time, control, and cost, you can surely get used to how easy the hi-tech process can be. Here are the most evident advantages of online stock trading:
Faster Transactions
As what every investor and broker should know, time is a very essential element in trading stocks. The effect of whether or not you would be able to make profit or experience loss in your transaction will greatly depend on the time it takes to execute the trade.
In the traditional set-up, you have to call your broker and ask him to buy or sell...