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Cyber Trading Last month I was reading about Internet technology how it is becoming common in our lives That article pointed out how cyber trading of stocks is getting so common because of the Internet and how people bought stocks mutual funds etc Before all these online brokerage web sites people bought stocks and mutual funds by calling their brokers Both ways of trading stocks share many similarities and differences Both ways of trading share few similarities The most common way of trading is by calling the brokerage firm This way of trading is the most common way of buying and selling of stocks before and it still is Both ways of trading stocks have drawback During heavy trading times such as market upswing or crash This was the problem for brokers because phone lines clog up during these periods and this problem still exists Presently an online brokerage firm faces the same problem during high trading times During heavy trading times the brokerage web sites could crash because of the heavy traffic of the users Another similarity is that investors have to contact their broker to buy stocks or mutual funds On the other hand there are a few differences between these two ways of trading The traditional way of trading calling the brokerage firm is time consuming and in trading business there is always a price change every second And investors could lose money during that time but in online trading investors could save time and they could make decision quickly Online brokerage firms provide the latest stock information as they change in stock exchanges on their websites However the old way is the safest way of trading In online trading there is always a chance of people breaking into other people files Hackers can access any file or any system if they have the right software and hardware Trading stocks is quite time consuming and it takes more time if
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