Incredibly convenient yet shunned by Investors for Mobile Trading
Recent studies revealed that Mobile investing and trading is not a piece of cake nor as tasty as trading live for the investors. Gone are the days when a person had to travel down to the share market to get the guidance of a real trader if he or she wants to stock trade effectively. In today’s mobile age, share markets are also enriched with amazing applications that allows you to invest gracefully. Everybody had the notion that once this millennium application is introduced investors would be thrilled and more trade will be conducted through the handy device.
But according to the studies the ugly truth was spotted that only 0.32 percentages of traders are investing in cash market segment and 0.18 percentages hit only 0.18 percentages through mobile trades. Though mobile trading is considered as the most convenient mode of trading where an investor can easily log in to the internet access code and get connected to his broker for excellent performance, still the results plunged. The BSE transactions done with mobile trading concept contributed only 0.03 percentages of the overall cash transactions.
There are various factors responsible for this deep decline in the mobile trading. Most of the investors are reluctant to reveal their confidential details about their financial facts through the internet. And people are also not comfortable enough in using the advance mobile technology that hurdles the trading in these superior technology products. Without the friendly guidance from their stock brokers investors do not find it hard to decide skillfully on their investments nor were they able to trade efficiently. The curbed information available on the Smartphone mobile screen can never be compared to the big monitor screen computer trading.