| Stock trading can be done in two ways, online | | | | account you want to open-you will find various |
| trading and physical trading. Online trading is also called | | | | options available, such as individual account, joint |
| virtual trading and as the name itself suggests, it is | | | | account and so on. Each step in the process is |
| done over the Internet. Physical trading, on the other | | | | accompanied by clarifications and explanations of the |
| hand, is the older method of the stock trading that | | | | possible doubts and ambiguities that you may |
| the traders go to a concrete stock exchange like the | | | | encounter when you are surfing. You choose your |
| New York Stock Exchange for the trading activities. | | | | user name, password to log into your account and |
| In fact, when think of a typical physical stock | | | | check the mandatory account agreement and then |
| exchange, the image that immediately comes to mind | | | | make the confirmation to open the account. |
| is about people trying to out shout each other while | | | | Once you enter your details, you will receive an |
| waving pieces of papers in their hands buying and | | | | automated verification email from your broker on |
| selling stocks. Yet, even the physical process of | | | | your email address asking you to validate and |
| stock trading involves the use of the computers and | | | | activate your account. In order to do so, you will be |
| the Internet. Apart from being physically present at | | | | required to click on a link provided in your broker's |
| the stock exchange, the people can trade only within | | | | email and your account will be opened and functional. |
| the stipulated hours. In computer parlance, physical | | | | Another great advantage of trading stocks on |
| trading can also be called the offline trading. | | | | Internet is that you can transfer funds to your |
| Virtual trading, or online trading, is an alternative to | | | | account electronically from your bank account. Simply |
| physical trading. The great advantage of the Internet | | | | click on the 'Transfer Fund' tab under the 'Funds |
| trading is that you can trade in stocks at the | | | | Transfer' menu to add it to your existing bank |
| comfort from your home. You do not have to | | | | account. Once you provide your user id and |
| restrict yourself to the working hours of the | | | | password on the account transfer page, you will be |
| exchange to trade your shares. In other words, you | | | | taken to your bank account's page with your |
| can work part time as a stock trader. You can buy | | | | account number. You can opt for automatic funding |
| and sell the stocks twenty four hours a day, seven | | | | of your account on a daily, weekly or monthly basis. |
| days a week. | | | | If you have multiple bank accounts, you may list |
| By given the information above, the advantages of | | | | them with your broker and select the amount and |
| online trading are as many as the physical trading. | | | | dates of transfer according to your needs. |
| You have the flexibility of working at your own time, | | | | You can check your fund transfer history or the |
| your own pace and also as an addition to your other | | | | pending fund transfers by clicking on the relevant |
| professional activity, if you prefer. | | | | links. You also have the option to send your |
| Physical trading may involve paper work such as | | | | payments by checks. |
| making or receiving payments by checks besides | | | | Your broker's website devotes sufficient space to |
| filling forms etc. For online stock trading, you can | | | | educate beginners, intermediate and advanced |
| open your account online by providing the required | | | | traders. Starting with the elementary topics like ' |
| personal and financial information to the broker. The | | | | what is stock' or 'stock trading' the Education tab on |
| process is relatively simple, barely taking five minutes | | | | the Home page of the website has opened up a |
| to do so. Just go to the account opening page of | | | | whole new world of trading replete with advanced |
| your stockbroker's website and select the type of | | | | jargon of trading in stocks and shares. |