Technological advancements have given the world especially Africans the opportunity to trade without breaking the bank, and highlights key takeaways of what clients should be looking for in an online trading partner.
Today, trading is accessible to anyone with disposable income, young or old. Gone are the days of dealing with the stock trader on the floor during the Wall Street boom era.
The advent of technology has undoubtedly been instrumental to Africans in the progression of the trading sector, at the heart of the industry lies the client, and technology evolves depending on how clients use it. Even in a digital world, human value is still key to success.
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Putting this into context, it has recently been reported that millennials make up as much as 60% of the 15 million online traders across Africa,a natural progression given that this is the first generation who grew up with digital technology at their fingertips.
In order to be a successful trader, you should educate yourself on trading best practises, and pay attention to the trends and the associated risks.
While numerous resources such as tutorials, applications, guides and videos are readily available on the internet, Africans should know it is important to note that fast information doesn’t always lead to instant success, and true trading power and knowledge come from experience.
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