Get Into Stock Trading
It is true that stock trading is one of the most lucrative methods of earning money when using technical analysis. It does not require a large investment to begin trading in stocks besides it allows immediate liquidation.
Before we consider stock trading, we should be acquainted with its basics and the jargon used by the brokers. The basic steps and the jargon go hand in hand - trading means buying and selling of stocks. This buying and selling or trading of stocks happens in two ways - electronically and off the exchange floor. The NYSE trades stocks off the exchange floor and the NASDAQ, electronically.
How does stock trading work electronically? The NASDAQ has an electronic/computer network which matches up buyers with sellers. Today these vast computerized networks handle mutual funds, stocks, pension funds, etc. This is the preferred method of stock trading. It not only allows the investors to keep abreast of their investment but engage in online investment too. This method has not eliminated the need for a broker, as individuals do not have an access to NASDAQ.
NYSE works through brokers, so you need a broker to buy your shares. Then the brokers clerk will notify the exchange floor clerk about your trade. The floor clerk will announce it as a broker's trade on the floor. The brokers work together already familiar with each other, they sell your shares.
All the work is done by the brokers because they work together and are familiar with the others stocks. Once the brokers agree on a price the brokerage house contacts you with the price offer for the stocks and you agree or disagree. You will receive through the mail, confirmation of the transaction. The daily basics are dealing with blocks of stock. Then trading, using complex details and trading methods.
You will receive through the mail, confirmation of the transaction. The daily basics are dealing with blocks of stock. Then trading, using complex details and trading methods. - 23200
Before we consider stock trading, we should be acquainted with its basics and the jargon used by the brokers. The basic steps and the jargon go hand in hand - trading means buying and selling of stocks. This buying and selling or trading of stocks happens in two ways - electronically and off the exchange floor. The NYSE trades stocks off the exchange floor and the NASDAQ, electronically.
How does stock trading work electronically? The NASDAQ has an electronic/computer network which matches up buyers with sellers. Today these vast computerized networks handle mutual funds, stocks, pension funds, etc. This is the preferred method of stock trading. It not only allows the investors to keep abreast of their investment but engage in online investment too. This method has not eliminated the need for a broker, as individuals do not have an access to NASDAQ.
NYSE works through brokers, so you need a broker to buy your shares. Then the brokers clerk will notify the exchange floor clerk about your trade. The floor clerk will announce it as a broker's trade on the floor. The brokers work together already familiar with each other, they sell your shares.
All the work is done by the brokers because they work together and are familiar with the others stocks. Once the brokers agree on a price the brokerage house contacts you with the price offer for the stocks and you agree or disagree. You will receive through the mail, confirmation of the transaction. The daily basics are dealing with blocks of stock. Then trading, using complex details and trading methods.
You will receive through the mail, confirmation of the transaction. The daily basics are dealing with blocks of stock. Then trading, using complex details and trading methods. - 23200
posted by X - Men @ 4:19 AM
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