How Some Win And Others Lose On The Stock Market

by HappyRiches Trading the share market is fraught with dangers. It is not as stable as some other investments. The property market is more stable, unlike the share market, it is not up one day and down the next. In fact, even during the day, the share market will go up an down many times. Because of this, many people do not like getting involved in the share market. When day trading became fashionable during the dot com boom of the late nineties, and many people left their jobs to become day traders, the market was perceived to be mostly going up. Nonetheless, many day traders were losing their money very quickly, with one day trader, Mark O Barton, completely losing it when having lost everything on the markets. Barton killed his wife, children, and office workers at his stockbroker's office, as well as people at a day trading center across the road from the stockbroking firm. Barton was not the only day trader to lose his money and then commit murder, but he killed the most. The number of day traders who lose all their money is said to be about 90%. This is the same percentage that is often quoted for start up businesses going broke in the first year. Not only is the percentage of failure interesting, it also tells us the reason people fail at business, and the reason people fail as day traders, could possibly be the same. Most people would like to be making $1000 a day, if they could. Unfortunately, many, who try to achieve this, go broke instead. One of the main reasons you will find for this is that people try to do things on their own rather than under the guidance of a mentor or coach. A mentor or coach often makes the difference. Barton would not have lost his money and killed all those people if he had not been a maverick, who thought that he alone could beat the market. In the end, according to Barton, it was not his bad judgment or his emotional instability that caused him to lose, rather it was his wife, the stock brokers and the other day traders who were responsible for his losses. Now, had Barton been willing to listen to people and get some good advice, he would have been able to make $250,000 in a year and then go to build this into a substantial fortune. Chris Kobewka had always wanted to be a stock broker from the age of thirteen. Chris's father died when he was ten years old and he became the man of the house. Naturally, he felt he would have to earn an income to be the provider. When Chris saw the houses and cars stock brokers owned, he just knew that is what he needed to be if was going to a good provider. But Chris didn't become a stock broker, he became a mechanical engineer. Eventually Christ participated in the management buyout of the company for which he worked and was instrumental in turning the company into a profitable company. Chris never lost his desire to make it on he markets. Well, he didn't become a stock broker, but Chris has hit the jackpot and in his first month of trading turned $360 into $19,800.00 trading less than one hour a day. Oddly enough, Chris has hit on a similar method to what I have developed when trading. The difference between Chris and myself is he is training people to do what he is doing.

Difference between online and offline stock trading?

The introduction of the Internet has surprisingly changed our way of life as a society. It has defined the way we do business and the way we correspond. The Internet has opened many opportunities for online trading. The financial industry revolves around the Internet. Every thing is just a few clicks away. This makes online trading most convenient. But there are still investors who prefer the old fashion way of offline trading and they mainly prefer offline trading for security reasons.

Internet has introduced a way for consumers to manage their money online. Not to mention, Internet has transformed the way investment companies operate their business and has made it easy for private investors to gain straight access to a range of different markets and online tools that were at one point only reserved by the use of investment professionals. Consumer investing and online trading has dramatically changed over the last decade. Online trading dynamically continues to be redefined. Services have expanded to include integrated management of additional financial accounts. Not to mention, it has subsequently expanded in conjunction with ground-breaking improvements to the traditional trading interface, such as telephone interface systems.

Of course, online trading has many pros. There are several wonderful reasons to invest online and consider online trading.

1. Money saving opportunities

The amount of money you save depends primarily on the online brokerage firm that you choose. No two firms are the same. There may be different regulations, similar to bank regulations. There are minimum deposits required that must be maintained. As mentioned above, this will depend on the online brokerage firm.

2. Instant online access

You can gain instant access to your account, the value of your portfolio updates immediately before your eyes.

3. Enter online trades at anytime

You can enter online trades at anytime and from anywhere. This is very convenient if you live in a different time zone than the country you are trading in. Not to mention, it is especially fit for investors with busy schedules.

4. With online trading you are in charge

You are in control of your investments. No sales pitches and no hassle. You decide where to invest your money.

Nevertheless, with all the convenience of online trading there are still investors who prefer the old fashion way of offline trading. Offline trading has lost some popularity but it is still the main form of investing. Offline trading offers many benefits as well.

1. The one benefit that an investor appreciates the most is that they are not alone when making investment decisions.

2. There are experienced and professional brokerage companies that handle their investments for them.

3. Investors are not faced with the challenge of making these vital investment decisions; especially, if they do not have the experience necessary to make the appropriate investments.

4 .Also, there is someone there to answer any questions that may cause concerns.

Not to mention, with offline trading mistakes are less likely to take place. No one wants to throw their money away or stand by and watch someone else throw their money away. It may be wise to hire a professional to assist you in making the correct investment decisions if you feel you lack the knowledge necessary.