What to Look for in a Trade Exchange
In This Chapter
◆ Know who you can trade with
◆ Make sure the exchange’s direction is positive
◆ Get to know the brokers
◆ Get the tools you need to succeed from your trade exchange
Trade exchanges come in all flavors. There are basics common to all. Yet, each exchange operates differently, with its own philosophy and set of strengths and weaknesses.
The number of members an exchange has is important, but not make or break. Some exchanges publish a large directory but don’t have that many active traders. You want to make sure there are, or will be, enough traders in your own backyard.
Before joining, try to figure out where the trade exchange is headed. Look for local commitment to growth and excellence. ...