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	<title>Payezee</title>
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		<title>Online Stock Trading</title>
		<link>http://www.payezee.com/?p=5</link>
		<comments>http://www.payezee.com/?p=5#comments</comments>
		<pubDate>Sat, 21 Aug 2010 22:34:16 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>

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		<description><![CDATA[Online Stock Trading is becoming the most  popular way to trade stocks because of computers. No longer do we have  to call a broker and pay high commissions to buy or sell a stock. 		With just a few clicks of the mouse we are in total control of our  investments. With online [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Online Stock Trading</strong> is becoming the most  popular way to trade stocks because of computers. No longer do we have  to call a broker and pay high commissions to buy or sell a stock. 		With just a few clicks of the mouse we are in total control of our  investments. With online brokerages competing for your business,  commission prices are at levels that are easily affordable. 		Access to information, known only to stockbrokers a few years ago, is  now at our finger tips.</p>
<p>Depending on what type of trader you are,  there is trading software and execution systems that can shoot 		your orders to &#8220;the floor&#8221; in seconds. We can log on to the internet,  read the news of a stock we are interested in, look at it&#8217;s chart, go  back to our online trading platform, click a button,  		and buy a stock.</p>
<p>Here is a small sample of online brokers.</p>
<p><!--</p>
<ul type="disc">
<li><a href="http://www.nobletrading.com" mce_href="http://www.nobletrading.com">NobleTrading</a> &#8211; Trade stocks, options and futures from a single account online</li>
</ul>
<p>&#8211;></p>
<ul type="disc">
<li>Scottrade</li>
</ul>
<ul type="disc">
<li>Ameritrade</li>
</ul>
<ul type="disc">
<li>E Trade</li>
</ul>
<ul type="disc">
<li>Schwab</li>
</ul>
<p>Which one is the best to use? That all depends on what type of  trader you are. 		If you are a swing trader or someone who buys and holds a stock for  some time, a company like Scottrade would be good for you. If you are   day trading stocks online, then you are going to want someone who offers  direct access in  		order to get the best price possible.</p>
<p>With buying and selling stocks being so easy comes the allure  of getting rich quick. Many people get into this mindset. They open an  account with an online broker and 		end up losing their hard earned money. Stock Trading is a get rich  slow process. Money can be made, but it takes time. Most important, and I  can not stress this enough, it takes education.</p>
<p>Before you even  consider opening 		an account educate yourself by reading books, and developing a trading  strategy. Do not get involved with the stock market without doing this  first. The market is filled with hungry sharks looking to take your  money from you.  		And take your money they will if you go into this blindly.</p>
<p>This  website will help you get the education you need. Have a look around,  there are many resources here to help you get started, and to help you  		succeed with your online stock trading.</p>
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		<title>PayPal in Pakistan</title>
		<link>http://www.payezee.com/?p=1</link>
		<comments>http://www.payezee.com/?p=1#comments</comments>
		<pubDate>Thu, 24 Dec 2009 20:53:48 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>

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		<description><![CDATA[When I told venture capitalists in a boardroom in Silicon Valley’s  infamous Sand Hill Road that Pakistan was the third fastest growing  country of internet users in the world, sceptical glances spread through  the room. I told them we had set a new global record in terms of mobile  subscriber growth [...]]]></description>
			<content:encoded><![CDATA[<p>When I told venture capitalists in a boardroom in Silicon Valley’s  infamous Sand Hill Road that Pakistan was the third fastest growing  country of internet users in the world, sceptical glances spread through  the room. I told them we had set a new global record in terms of mobile  subscriber growth — from three million connections to 90 million in six  years. Clearly, this side of Pakistan vastly conflicted with images  they routinely saw on Fox News.</p>
<p>Gross misperception about realities remains a big obstacle to  investment. Sami Hinedi, Wi-Tribe’s Global CEO out of Bahrain was asked  by a foreign fund manager why Pakistan needed wireless devices in homes  when antennas on rooftops should be good enough for a “third world”  country. Sami responded, “You have not been to Pakistan.” Pakistan’s  rapidly growing community of 18.5 million internet users has high  expectations. They are flocking to the net looking for jobs, creating  blogs and reading the news. Last December Pakistan clocked in as the  eighth fastest growing country on the popular social networking website,  Facebook.</p>
<p>But despite these juicy statistical tidbits I have been feeding you,  all is not peachy. While over $1 trillion will exchange hands around the  globe this year through internet payments, Pakistan’s e-commerce pipes  are conspicuously missing. Only a handful of businesses can process  credit card transactions through the internet because online merchant  accounts are like unicorns here. Citibank is the only bank in the  country that offers the service and one has little chance of being  approved.</p>
<p>This leaves our affluent and rapidly growing online user population  significantly under-served. I was excited after learning that PayPal was  interested in “exploring opportunities in Pakistan” during a Skype call  with their general manager of South East Asia back in January. Around  10 per cent of the world’s internet transactions are processed by  PayPal.</p>
<p>By the time you finish reading this article, it will have processed  over Rs110 million — that’s $2,200 per second. In 1999 I was at a  Silicon Valley party when Luke Nosek, one of PayPal’s co-founders,  offered to wirelessly “beam” $5 to my PalmPilot’s infrared port. I  gladly accepted Luke’s offer, which he repeated several times during  subsequent social events out of excitement and perhaps beverage-induced  euphoria. Instead of being smug about the $20 I got from Luke, I should  have been investing in his company.</p>
<p>PayPal was bought by the auction site eBay for $1.5 billion in 2002  and Luke disappeared to the Greek Islands. Since then PayPal has  transformed itself from a handheld device payment service to one of the  world’s largest payment processors, giving Visa a run for its money.  Whether PayPal decides to enable internet transactions in Pakistan is  anybody’s guess. I suspect the first battle will be internal with their  legal and compliance teams.</p>
<p>Fears of enabling terrorist funding, money laundering compounded by  instability must be overcome by realising that Pakistan has the all the  ingredients of an ideal emerging market which is why both Western Union  and MoneyGram opened up shop here. The global story on terrorism tends  to be the prism through which international media filters Pakistan  related news. The biggest obstacle is convincing John Smith in legal to  stick his neck out. He needs to stop watching Fox News.</p>
<p>If you only hear about bomb blasts, you tend to think that’s all  that’s happening. The distorted perception is pervasive. Unfortunately,  sometimes perception becomes more important than reality.</p>
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