Saturday, December 5, 2009

Internet Stock Market

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I sometimes wonder if one day, all of the many stock markets in the world will become one giant internet stock market. In the short term, I don't expect it because of everyone's greatest fear of a one world government or a one world currency. Right now, I am also guessing that most of the biggest companies trade on the New York Stock Exchange. I would think that that is the closest that we will probably see in our lifetime but you never know. A global stock exchange completely computerized is not beyond the realm of possibility.

But we do live in an age where we can make all of our stock market investing trades via the internet. This is in and of itself is a revolution. The convenience to make all of your own trades without having to call a broker is awesome. I am continually amazed at the extremely amazing things we can do with a computer and an internet connection. You can run a complete trading operation right out of your home. It's as simple as opening a brokerage account at the many different online investing brokerages available to you. Once your funds clear, you are good to go and came make trades immediately.

The only hard thing is picking stock market winners. With the advent of the internet, we can get all of the stock research we can get an enormous amount of data. Add that to all of the opinions on the stock market on tv and the internet, and you have created a minefield of information making it almost more complex than ever.

The best thing you can do is adopt on specific strategy and rely on your own trading experience to be your guide. While the vast majority of publications mean well, most will not provide you with the direction you need.

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