| When talking about new investors, trading online | | | | not and before anyone decides to jump into the |
| seems to be an easy route for them to bypass | | | | deep end of the market, they need to understand |
| plenty of the normal restrictions and barriers to entry | | | | the intricacies of the market. But the thing is, most |
| that had to contend with earlier on when all their | | | | of the dummy accounts and simulation environment, |
| options and choices rested on the traditional means | | | | while, real, are not dynamic enough as a tutor based |
| to investment. Also, most people did not have | | | | programme to teach new investors the ropes of |
| enough money to make their investments | | | | investing and soon you get many people dropping |
| worthwhile, and brokerages and banks will more than | | | | out because they have failed miserably in the |
| often not entertain investment inquiries when the | | | | simulated dummy accounts. |
| amounts are below a certain level. | | | | This is where the online trading game has come in to |
| This left a lot of people who felt that even a small | | | | fill in the shoes of the most charismatic broker trainer |
| percentage in returns on a modest amount were | | | | there is out there and creates an environment that |
| enough to keep the machinery of their financial | | | | not only teaches, but motivates new traders to push |
| systems going but with the advent of the internet, it | | | | through their mistakes, learn and of course finally |
| became much much easier. The retail investor was | | | | master the market. There is also that aspect of |
| empowered and brokerages and banks all over the | | | | competitiveness weaved into some of these online |
| world saw the potential money they could make | | | | trading games that are particularly useful in giving the |
| based on the sheer volume of people who would be | | | | edge that these new investors need to push |
| interested in investing on online platforms and digital | | | | themselves. Looking at the internet, there are plenty |
| markets. So, they began to open up and extend their | | | | of these simulated games and such for you to |
| services to the retail investor on the internet and | | | | choose from and they often originate from banks |
| with this, there came the explosion of the number of | | | | and online brokerages. There are also plenty of third |
| people who were investing on the internet. | | | | party solutions for people looking not to sign up with |
| But what this meant, was that the more important | | | | a financial institution and just learn the ropes. Expect |
| risk factor was almost forgotten altogether, as more | | | | to pay some sort of minimal fee for these sort of |
| and more investors seemed to be thrilled just at the | | | | services, and they should never be exorbitant. Learn |
| prospect of being able to enter the market in the | | | | the ropes and gain more confidence in the market - |
| first place. This is not true. The risks of the market | | | | this is the best way for you to zap away risks with |
| are just as palpable whether or not they are online or | | | | an online trading game. |