Online Investing From Home - A Sweet Challenge
I have worked in the manufacturing industry in India for over 30 years, my employer is among the top ten in India, but I had no knowledge of the stock market. I refused to even participate in my employers 401k plan, but my relatives advised me to learn more.
A few years back, my cousin encouraged me to invest some portion of my hard-earned money in stocks of some profit making companies. In the beginning I was hesitant, but finally I bought few shares through a local share broker.
My first impression about the stock market was great because I got some profit in my first adventure out of the gate. This was my beginning in stock option trading system. A field which was alien to me became my part and parcel of my life.
Unlike today, back then the stock certificates were still printed, but it didn’t take long to transition to paperless trading as I became more heavily involved in the stock market. My stock broker started to use a computer to execute trades as the internet quickly expanded through India.
I slowly began to realize how important strategies are in the trading field, and I learned about these strategies quickly. Options trading quickly went from obscurity to ubiquity, it even began to advertise on television. Share prices were even shown on television.
As stock option trading systems became popular, I applied for a demat account (a paperless account in India) and subsequently applied for an online trading account and started to trade on daily basis. I saw so many ups and downs in the market as well as in my fortune. Through mobile phone, I used to give trading instruction to my share broking agency.
Now three months back I applied for the software of the broking agency and got it installed in my personal computer at home. My wife, who is a commerce graduate and housewife, is utilizing this opportunity and trading on my behalf. Now my confidence level has gone up and I have begun guiding my friend on trading.
Now I am watching the global market performance along with Indian market. In the present scenario, the performance is international markets are so interdpenent. I feel, at present, that the American market is the pillar of the world market. If American economy performs better, then the whole world market turns green. Like me every share trader wants to see the share index in green color.
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