Your typical day trading firm will have many day traders. Each one will be more than comfortable in performing their trading activities at the home and at the office. On the other hand, traders are out there who aspire to make a few extra dollars from the comfort of their own homes. In general, it is more desireable to have a day trading firm do your trading for you – although they take a cut of the profits, their advice and expertice should, as the theory goes, yield you higher profits overall and so, in essence, they pay for themselves.
1. Get With The Program
Trading in-house is a decision that you should not take lightly. Luckily, there are lots of very useful peices of computer software out there that can make the entire process easier. Data is fed in real time to your computer from the actual brick and mortar trading locations as trades happen and are recorded.
2. It’s Easy
Beginners will especially love the ability to contact a professional trader at any time during the day for advice or to help familiarize them with the program.
3. The Firm Advantage
A trading firm, on the other hand, might be a good idea if you...