Before the days when it was possible to trade online, anyone who wanted to invest in the stock market needed to retain the services of a broker – something that still exists today, regardless of the fact of whether or not you are trading online.
As an established profession, brokers in the real world (as opposed to brokers in the virtual world online) were able to charge their customers fairly large commissions on any trade done.
As you may imagine, information is King when it comes to investing in the stock market.
Knowing just the right moment when to buy stock or when to sell stock is what will set you apart as a successful trader from the millions of ordinary traders or, even, those traders who manage to lose money.
Having said that, in order to get your hands on this information you either need to (a) find it yourself, or (b) have it provided to you, or (c) experience some pure luck – if not a combination of all three.
No interference – free to invest
One major advantage that trading via the Internet has is the fact that you cannot be stopped or dissuaded from investing in a particular stock.
In other words, if you like the look of a stock, you simply log-on to your online brokerage account and instruct your broker to purchase the stock in question. However, if you trade in the real world, using a live broker, trading may not be that easy.
If you didn’t already know it, the Internet never closes, nor does it shut down to sleep, rest or take a day off.
By trading online you can move your investments around the world 24/7/365, thereby making sure you take full advantage of what is going on in the world as it happens!