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Why not try trading through mobile in 2013?

Friday, December 28, 2012 | Category : Mobile Trading | 2 Comments

2012 is coming to an end, in my personal belief this has been the year wherein the inherent digital power of smartphones and Internet for trading purposes was recognized by scores of retail investors and businesses in the broking industry.

The investor today, has come a long way from physically standing in the ‘bull rings’, where he would have to yelp his throat to trade which was not only mentally but also physically demanding for those who ventured there.

This physical presence is what curbed new investors who couldn’t make the regular trips to the exchange for stock updates. With the exchange embracing Digital Technology in a positive way, trading has only gotten easier. In the last decade because of digital technology taking giant strides trading has now been able to reach more number of people than ever before.

Trading was already made accessible to all investors who were computer literate, they needed just a computer and an internet terminal and they could successfully do trades from any part of the country.

But still majority of Indians don’t have a computer, as purchasing even the basic one is relatively expensive especially for much of rural India. Luckily with Mobile Phones being far more cheaper and easy to function, the day online trading went mobile, it allowed a greater section of wannabe investors to successfully trade though their hand phones.

Most of the successfully broking firms have acknowledged that if they want to increase their investor base they would have to pay attention to mobile trading, and every year they come up with innovative mobile applications to enable traders to trade easily.

What makes mobile trading really effective is that the initial capital investment is minimum, as one just needs a suitable smartphone and once he downloads the required application to carry out mobile trading.

You the investor can make trades on the go right from your mobile, your mobile can act as vehicle to address the call and trade facility as well as one can view and analyze stocks from his smart phone itself.

On a concluding note, if I would urge all investor readers to make this transition in 2013, it’s an experience that will make only make them enjoy trading better wirelesslyJ.

Disclaimer:

1. Views as are mentioned in the article are personal views of Author and nothing to link with Co., its Director and Employees.

2. All investments are subject to market risk and you need to consult your financial advisor/consultant before investment.

 

Comments:
- Friday, December 28, 2012
Stock market are known for there volatility but ever wondered what makes share market volatile and what causes stock price to change?Stock market works on demand and supply model. This article covers price changing pattern of share market
- Friday, December 28, 2012
NSE and BSE are volatile market and price of stock changes continuously. All factors due to which price of traded stock changes are covered

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