Posts by category: Finance & Investment
What are the major risks involved in online trading?
- Jul, 23 2023
- 0
Online trading comes with its own set of risks, the most significant being the lack of physical interaction, making it susceptible to fraud. It's also heavily reliant on technology, meaning technical glitches can cause major losses. Furthermore, the volatility of the market can be challenging to navigate, and without adequate knowledge, one can make costly mistakes. Moreover, the ease of trading can lead to over-trading which may result in huge financial losses. Lastly, the lack of personal advice can leave traders vulnerable to making uninformed decisions.