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The Complete Idiot's Guide to Active Trading by Ken Little

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Chapter 12
Direct Access Trading
In This Chapter
• Direct access brokers
• What an advanced trading platform does
• Information features of an advanced trading platform
• Trading features of an advanced trading platform
• Choosing an advanced trading platform
A minivan and a sports car will both get you to the grocery store. However, if you want to enter a race, the sports car is clearly the better choice. A discount broker can take your order and execute it, but if you want to succeed in short-term trading, you will need something with more horsepower.
Advanced trading platforms offered by direct access brokers are sophisticated, high-performance portals to the market. Thanks to high-speed Internet connections, when you place an order through an ...

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