Stock Trading and Other Things

The shares down turn, Stock brokers sell shares for people and buy shares for people, no ups and downs no work

So its better for the stockbrokers if the stock market fluctuates no wonder the stock market takes a nose drive from time to time, they get paid for buying and selling, is this all true

Public Comments

1. They work on commission. If you are a good sales person you can make money.... if you make money for the clients you capture.

2. the stock market fluctuate because of FAITH. faith on whether the value of currency will hold, faith in whether of not the industry to invest in is valuable...that is why when banks were in the shit last yr investors have lost faith in the stability of the dollar...explaining the sales...in reality, our exchange is in state of panic right now

besides...traders have more of an incentive to trade for their benefit that to trade for successful stock=profits...if a stock is bad, why keep it?

3. There is some validity to your point, I believe. But with the market dropping like this the main fear of brokers is that people will pull their money out and stay out. Maybe buy gold instead of stocks or CDs at their bank or even worse savings bonds.