Stock Market Day Trading at Home
Toady many day traders, especially beginners, want to access stock markets and to execute trades from their home. The 4 basic requirements for day trading stocks at home are a computer, internet connection, online trading account and a stock trading software,.
A computer with Windows XP or higher operating system, 100 GB hard-disk space, 1GHZ or higher processing speed and 1024 MB or higher RAM will be quite enough for active day trading. The internet access must be DSL phone line connection or a cable modem connection. Never use a dial-up connection, as it is too slow for an active day trader and in day trading time is money.
Online trading accounts can be of two types as those provided by internet based brokers and those provided by direct access trading brokers. Online order execution through internet based brokers is the most widely practiced form, commission rates may be cheaper than direct access brokers but the process is slow as it involves time to review, execute and confirm the orders. Some internet based brokers also re-direct orders to another brokers or ECNs (Electronic Communication Networks), resulting in further delay. (Continue in Next Blog)
A computer with Windows XP or higher operating system, 100 GB hard-disk space, 1GHZ or higher processing speed and 1024 MB or higher RAM will be quite enough for active day trading. The internet access must be DSL phone line connection or a cable modem connection. Never use a dial-up connection, as it is too slow for an active day trader and in day trading time is money.
Online trading accounts can be of two types as those provided by internet based brokers and those provided by direct access trading brokers. Online order execution through internet based brokers is the most widely practiced form, commission rates may be cheaper than direct access brokers but the process is slow as it involves time to review, execute and confirm the orders. Some internet based brokers also re-direct orders to another brokers or ECNs (Electronic Communication Networks), resulting in further delay. (Continue in Next Blog)
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