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By: author Stock trader, a person involved in the buying and selling of stocks, generally invests his hard earned money with a motto to fetch better profits. Shares refer to the share in profits of the company by paying an amount in return of the share certificates. Commodities are the fields that relate to the products available in the market. It is the choice of the stock trader to decide on the field to invest. As such investing in stocks is not a child’s play. To assist, there are various service providers in the stocks world. The brokerage differs from 1% to 20% depending on the services availed. To assist the stock trader there has been a dramatic increase in the facilities available. Various online brokers, stock trading channels, and tips of the company provide assistance to the online stock traders. Online trading, as such, has been the trend in this modern world. It allows even a small investor to have access to the vast stock’s world. People now can invest in stocks as well as carry their mainstream business. The investment in stocks can serve as an additional income to the investor. The banks offer a 3-in-1 account facility comprising of savings account, and others to trade in stocks. Brokerage plays an important role as a bit of your money is released with each transaction done. Hence, an intelligent stock trader must pay a lot of attention to the brokerage factor. There are many steps you must take in order to become a great stock market trader. Here is a step by step way to become a great trader. 1. You must first learn how the stock trades works. Whatever you are using to trade the stock market, fundamentals, technical analysis or something else, you should first learn about it. Learn how you can decide if a stock is a good buy. 2. After you have a firm understanding of how the stock trades works it is time to develop your own system. 3. Practice trading with your rules in your paper trading account. Follow your rules strictly. If you make money in your paper trading account, great, it’s time to move on to step 4. If you haven’t been able to make money with your rules go back to step 2 and develop a new system. 4. 4. If you have a system that is making money in your paper trading account it is time to trade real money. Be careful when trading real money. Most traders will let their emotions control them when they are trading with real money. for more information about stock trading tips visit http://stock9trades.com End
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