Topic > The Impact of the Internet on Stock Trading - 2337

"The Impact of the Internet on Stock Trading"Before the Internet, stock trading was done exclusively through brokers. Now that computers and technology have clear strongholds in the field of stock trading, more and more people have access to the market. This essay shares some experiences that online stock trading services and day traders have had due to the radical online trading movement. The essay begins with a fictional anecdote describing one man's unfortunate experience through online trading. We then move on to some non-fictional examples. A company was forced to abandon the commercial prospect and close its services. Another found refuge in expanding their holdings by shifting their primary focus from online trading services after acquiring initial capital exclusively through this form of business. Individual investors have also made and lost through Internet stock trading. In one example, a retired nurse moves her retirement fund into the stock market to make money. And in another, a man invests in technology stocks but realizes they aren't as strong as he thought two years earlier. Each of these entities has been affected by the stock market decline, and not all have been winners. Using research gathered from other publications, the goal of this essay is to focus on the importance of online stock trading and to demonstrate, through analysis, the claim that the industry is vulnerable to a prolonged stock market decline. the best way to make money fast. In the late 1990s, high-tech and Internet stocks were making huge gains, and a new way to trade stocks was developing. Online trading was in its...paper medium......sh. “It gets charm; Fed up with advice to stay put, some investors are looking to make money faster. August 13, 2002. LexisNexis Database. October 29, 2002. .Glassman, James K. “Technology Detractors Miss the Point.” February 24, 2002. LexisNexis Database. 29 Oct. 2002. .Kanaley, Reid. “Herd has moved away from online investing.” October 15, 2002. LexisNexis Database. October 29, 2002. .Tunick, Britt. “The financial supermarket”. June 17, 2002. LexisNexis Database. October 29, 2002. .Wong, AYL “Cessation of Company Online Stock Trading.” July 12, 2002. LexisNexis Database. October 29, 2002. < http://web.lexis-nexis.com/universe/document/>.