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Thursday, July 17, 2008

WHAT IS THE OPPORTUNITY FOR ON-LINE TRADING USING THE INTERNET AND ADDITIONAL SERVICES.

Many dealers now offer the opportunity for on-line trading, and more will do so in the future. Internet trading has certain advantages over the traditional telephone communication with a broker or a dealer. The main advantages of on-line trading are:
• The opportunity to monitor market movements by following current real-time prices, graphics, and even news on a PC monitor. Usually, it is free and is included in the service and trading software offered by a dealer.
• Dealer trading software as well as other options often provide the trader with the opportunity to manipulate, modify, and customize graphics; conduct technical analysis using indicators; and draw trend lines, support, and resistance lines. In addition to being convenient, this provides substantial money savings. It eliminates the necessity of buying an expensive market-quotes service, and analytical and charting software for conducting technical analysis.
• Internet trading is supported by safe electronic registration data, which provides the necessary security and lowers the possibility of conflict situations between a trader and a dealer. These conflicts are due to probable human errors and slips of the tongue, which are common during live phone communications.

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