"The Internet’s Impact on Stock Trading"
Before the internet, stock trading was done exclusively through brokers. Now that computers and technology have apparent strongholds in the realm of stock trading, more people have access to the market. This essay shares some experiences that online stock trading services and day traders have had due to the radical movement of online trading. The essay commences with a fictional anecdote that describes one man’s unfortunate experience through online trading. It then moves to some non-fictional examples. One company was forced to leave the prospect of trading behind and had to close its services. Another has found refuge in expanding its holdings by moving its primary focus away from online trading services after gaining its initial capital exclusively through this form of business. Individual investors have also gained and lost through internet stock trading. In one example, a retired nurse moves her retirement fund into the stock market in order to make money. And in another, a man invests in technological stock but realizes that they are not as strong as he once thought two years prior. Each of these entities has been affected by the decline in the stock market, and not all were winners. Using research gathered from other publications, this essay’s goal is to focus on the importance of online stock trading and to demonstrate, through analysis, the claim that the industry is vulnerable to an extended decline in the stock market.
It was going to be a sure fire way to make some quick money. In the late 1990’s, high technology and internet stocks were experiencing tremendous gains and a new way of trading stock was being developed. Online trading was in its ...
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Ethan Frome, the main character in the book entitled Ethan Frome, by Edith Wharton, has many complex problems going on at the same time. His family has died and he has a wife that is continually sick, and the only form of happiness he has is from his wife's cousin Mattie. This, however, at times proves to be hard because of Ethan's wifes interference. Nothing seems to be going in Ethan's favor. One theme of the book is weakness of character; this is shown by Ethan’s marraige, his inability to stand up to his wife, and his involvement concerning the "accident."
...decisive. He and his wife might have moved out to the city, where Ethan could have pursued his engineering career. And, when Mattie Silver came to live with them, Ethan Frome, content with his lot in life, would not have fallen into the love that caused his hardships. Ethan caused his own misfortune by not even attempting to make a change in his unsatisfactory life. As one of the ladies in town, Mrs. Hale, says: “I don’t see’s there’s much difference between the Fromes up at the farm and the Fromes down in the graveyard” (157). Ethan exists lifelessly. His unwillingness to change, lack of self-responsibility, sense of obligation, and lack of inner strength and courage all add up to his irresponsibility in creating his own misfortune, which sends him to his living grave.
Set in 1881 Starkfield, Massachusetts, Edith Wharton’s Ethan Frome reveals a recurring theme in literature: “the classic war between a passion and responsibility.” In this novel, protagonist Ethan Frome confronts the demands of two private passions: his desire to become an engineer that conflicts with his moral duty to his family and his love for Mattie Silver that conflicts with his obligations to his wife Zeena. Inevitably placing the desires and well-being of his family before his own, Ethan experiences only “‘[s]ickness and trouble’” and “‘that’s what [he’s] had his plate full up with, ever since the very first helping’” (12). The reader understands Ethan’s struggles when he abandons his studies at Worcester, when he considers running
Ethan is not happy with his life and feels that it is his obligation to stay on the farm and work like his parents had “readers discover a man who feels overwhelmed by family responsibilities and who cannot free himself from what he believes to be family expectations.” (Witkosky). This obligation, and what Ethan believes to be his family expectations, ultimately helped lead to his decision in staying in Starkfield and not pursuing a happier life with Mattie elsewhere. Ethan also feels that even though all of his family members had died a long time ago, he still senses their presence, and he feels pressured to continue the family custom “Ethan senses their presence; in his eyes, the headstones on their graves, located near his farm, are like sentinels who guard and enforce family custom.” (Witkosky). Lastly the location of the Frome household in rural Massachusetts did not help the fact of Ethan’s isolation and his inability to socialize with others. Wharton symbolizes this loneliness and isolation by giving the town of Starkfield a cold and frozen setting, which is symbolic towards Ethan’s inability to move forward in his life “, the lack of social mobility in rural Massachusetts plays a role in Ethan's acceptance of the idea that he has no chance for advancement.” (Witkosky). Ethan’s ability to not being able to move forward
The threat of online competitors is also present to every discount broker that has not switched to online trading or chooses to remain with their current business model and not offer online services. These online trading sites have unique trading capabilities that otherwise are not present at Edward Jones. They offer sound advice on stocks and other investments instantly. Each customer has to call their Edward Jones advisor in order to place a trade. This makes sense to Edward Jones because they want to help prevent the rash decisio...
Edith Wharton, a famous author of many outstanding books, wrote a chaotic love story entitled Ethan Frome. The story took place in the wintery town of Starkfield, Massachusetts. Wharton was a sophisticated young woman who found love in sitting down and holding people’s attention by way of a pen. Wharton wrote yet another thriller that told the tale of two love stricken people that barely found it possible to be together; which later forced them to fall into the temptation of love that cannot be controlled. Wharton had many different writing styles but for different books meant different needs. In Edith Wharton’s novel, Ethan Frome, frustration and loneliness play roles in disappointment while imagery, symbolism, and individual responsibility provide the novel with a tortuous plot.
When Edith Wharton decides to send a message to her readers no one misses the grand picture. Ethan Frome is the epitome of a work of literature that screams for its message to be heard. Wharton expresses the human necessity to continue to grow, dream and prosper by explicitly depicting the consequences that arise from failing to do so and makes it clear that moving forward is the only way humans can continue
In Ethan Frome, Edith Wharton conveys that you will never be satisfied if you try to choose between love and responsibility. Through her use of the metaphor comparing winter to Ethan and his life, Wharton illustrates the dissatisfaction that comes from attempting to choose between two equally beneficial and detrimental choices.
Decisions, decisions, decisions. Decisions are made by everyone everyday. Whether you are deciding to put off a project or deciding if you should wake up and go to work, you make decisions all the time. In the novel Ethan Frome, Edith Wharton explores whether decisions should be based on morals through the main character, Ethan Frome. Ethan made the right choice and made his decisions based on his morals, ethics, and potential consequences instead of his personal desires.
Johnson, G., Scholes, K., Johnson, G. and Whittington, R. 2011. Exploring strategy. Harlow: Financial Times Prentice Hall.
"Why We're Expecting a Big Stock Decline in the Next 10 Days | TradeKing." TradeKing Trader Network | Online Stock & Options Trading Community | TradeKing. Web. 28 Nov. 2011. .
During the 1920s, approximately 20 million Americans took advantage of post-war prosperity by purchasing shares of stock in various securities exchanges. When the stock market crashed in 1929, the fortunes of many investors were lost. In addition, banks lost great sums of money in the Crash because they had invested heavily in the markets. When people feared their banks might not be able to pay back the money that depositors had in their accounts, a “run” on the banking system caused many bank failures. After the crash, public confidence in the market and the economy fell sharply. In response, Congress held hearings to identify the problems and look for solutions; the answer was found in the new SEC. The Commission was established in 1934 to enforce new securities laws that were passed with the Securities Act of 1933 and the Securities Exchange Act of 1934. The two new laws stated that “Companies publicly offering securities must tell the public the truth about their businesses, the securities they are selling and the risks involved in the investing.” Secondly, “People who sell and trade securities must treat investors fairly and honestly, putting investors’ interests first.”2
1a: The key players in the market; and the types of investments available to both individual investors and institutional investors,
As global markets today's financial market increase in complexity, the tradition of learning by doing will not suffice. The financial manager today must hit the ground running with ready expertise to be used effectively as the CFO or as part of a team of financial experts within the ranks of the CFO's office. In navigating the international marketplace effectively, financial managers find themselves in a technology driven, real time information deluge which helps them to satiate the knowledge demands of investors, commercial and investment bankers, shareholders, employees, brokers, traders et al who must know particular companies, their products and the markets wherein they operate.
The biggest stock exchanges are the New York Stock Exchange and NASDAQ. The New York Stock Exchange is a large building in Lower Manhattan that does auction-style trading with a lot of face to face interaction through specialists, brokers, and buyers. There are upper floors in this exchange on which specialists determine the prices of all the stocks. This information then travels to the brokers who work auctions face to face with buyers in order to sell the stocks. America’s biggest companies, like Coca-Cola and McDonald’s, sell their stocks through this exchange. NASDAQ is a virtual stock exchange with no physical building. This exchange was created during the 1970s but began thriving during the tech boom of the 1990s. The tech boom helped this exchange become the home of more technological companies li...