Share trading online is increasingly in popularity among nearly all legal age groups. This rise in popularity is down to a number of reasons, but there can be no doubt that the lure of easy money still attracts a disconcertingly large number of people.
Any professional in the industry will tell you that to succeed at trading in the long term, you will have to experience both ups and downs whilst maintaining a consistent positive movement overall. Despite this common knowledge, there are still huge numbers who set up an account in the hope of making a quick buck, and this is where share trading online poses one of its biggest threats to the careless user.
Online trading is still real money!
Walking into a shop and handing over your hard-earned money, you are acutely aware that you are giving someone money for something and you tend to be quite careful about what you spend. Share trading online is a whole different ball-game; within 5 minutes of finding a site you can have registered your details, confirmed your e-mail and be ready to trade!
Along with online gambling, online trading seems somewhat unreal. Gone are the days of all trading being done on a busy trading floor, you can now sit at home and do it with a coffee in your favourite armchair! It’s so easy to simply click a button and watch a load of hard-earned money enter into a trade and feel like it’s not real – be careful when trading online and remember that although it’s only a mouse-click, this money is very real and it can be all too easy to quickly trade more than you would have done if handing over that money in person!