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Saturday, April 25, 2009

Evocation of Financial Trading

By Rick Amorey

The image of a stock exchange pit has been ingrained in the minds of many. Stock brokers of all shapes and sizes share the trading floor, and almost shout out to place their orders before their peers at dramatic moments. Maybe it was the movies that did it; in any case, this is what most people think of when they imagine the world of the stock exchange in their head.

Even if you squint at the thought of a workplace that shares loud moments like this, you can't deny that it holds a certain gritty. There's just an appeal regarding a place where fortunes are found and lost, sometimes in the same day. It evokes a sense of wonder, and a desire to understand it just enough to try it yourself.

Well, truth be told, the world of stocks is not always as animated as that. Even in the trading pit, such a thing only happens once in a while. Besides, those wanting to start out as investors can do so online, in this day and age. All you need is some capital, and some decent research-making, and you'll be all set.

You'd best be careful, however; making unwise decisions in the finance world can put your money in real peril. Instead, why don't you opt to enlist the aid of an experienced stock broker online? The broker will get a small commission from your purchases, but at least they'll be safer because you were more informed.

If you're going to take the advice of a stock broker, though, then you should first check that person's credentials. Does the company that the broker represents or is convincing you to buy even exist? Is the brokerage firm he or she associated with licensed by the state? You have to be aware of these things; just like the rest of the Internet, many online brokers are not who they claim to be. - 23208

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