Probably the biggest single reason why there has been such an explosive growth in the buying and selling of stocks over the past 10 years, can be put down to the Internet and online stock trading. By utilizing the Internet, the world of stocks is no longer exclusively that of stock brokers but is open to all.
In order to benefit from this phenomenon you need to:
Step 1 - Use your computer or mobile phone. if you don't have one, you can do this by either purchasing a laptop or a mobile phone. What you will need to do though is make sure the computer you purchase has the capabilities to use the Internet – and also has enough memory to run the latest stock market software package that you are going to need.
Step 2 - access to the Internet. Once you have purchased your computer or mobile, the next step you need to take is to assure access to the Internet. nowadays most of the network providers offer very convenient internet services. Having said this, the most important aspect with respect to the Internet access you have is the reliability of the Internet service provider.
Step 3 - open an account with a stock broker. Once you have completed steps 1 & 2, step 3 entails you having to open a trading account with one of the online stock brokers, and start learning and practising. Before you rush in an open an account with the first stock broker you see advertised on the Internet, make sure you take the time to review the broker’s terms and conditions of stock trading to ensure that you are getting the best possible deal.