Do You Need A Broker To Trade?

The short answer, it depends.

It depends on your trading style. It depends on your experience. It depends on how much time and effort you are going to put into your trading.

Some people find they need to have a broker help them do the research and find a stock that they can buy. And for these people, having a broker makes a lot of sense. They buy for the long term, they aren’t interested in learning technical analysis, they don’t want to check on the fundamentals of a company, therefore they need a broker.

But there are other people that enjoy learning technical analysis, or they really like researching the fundamentals of a company. They don’t want to pay someone extra for doing what they enjoy doing; therefore, they do not need a broker.

With the invention of personal computers and the internet, a lot of people are finding they can get all of the information they need in order to make well informed decisions. Now, many online trading firms offer deep discounts to traders. They have great trading platforms that have all the information they need at their fingertips, so why should these people use a broker.

So again, do you need a broker? It just depends on your trading style.

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