Q:

What equipment do you need to start stock trading from home?

A:

Quick Answer

To start trading stocks from home, a person needs a computer with a secure Internet connection and additional monitors if desired. Also, a membership to an online brokerage account is required.

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Full Answer

Stocks represent shares of ownership within a company. A person can buy stock with the intent of selling it at a later time, and this practice is known as stock trading.

Modern technology has made possible the ability to stock trade from home. To partake in this activity, a person needs to have a computer with sufficient RAM and CPU power. This hardware ensures that a person is trading based on the most recent data. Considering that computers interact with databases all over the world, it is critical that they be equipped with state-of-the-art hardware.

A secure, stable Internet connection is also required to trade stocks from home. Stock information, such as pricing and volume, changes frequently. This information, along with the capability of executing stock trades, can be accessed through an online brokerage account. A reliable Internet connection ensures that a trader receives the most accurate data in real time. To maintain a reliable connection, a person should find a trustworthy Internet service provider, purchase a modem and install a router if wireless connectivity is desired.

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