Tracking Bulls & Bears On The Net

Remember the scene at the trading floor of any exchange back in the early 2000s? Hundreds of telephones ringing incessantly and brokers answering multiple phone calls at the same time. Investors and traders were always on a rush to reach their brokerages to get a deal executed for them without wasting time. It was often a put-off for new entrants to securities trading with little or no expertise in the market. If an investor wanted to buy, say, 50 shares of a company, he would have to place the buy order with his broker. If the investor placed a limit order, the broker had to confirm the limit price, the length of time the order would be open, the account in which the shares would be purchased, and so on. Before requesting the broker to trade, the investor had to conduct his own research and also trust his broker completely. Exorbitant fees were charged by many brokers which would lead...