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Almost 60 Percent Online Stock Traders Make Profit: Survey
Almost 60 per cent stock traders online have made profits, according to a survey conducted by a group of over 30 equity e-commerce websites led by stockstar.com.
The survey entitled "How Will You Trade Stocks Tomorrow" has 12,310 effective questionnaires returned, said an organizer of the program. 58.5 per cent of respondents said they made a profit, mostly at a return rate of 15 per cent or lower. About 8 per cent of them gained more than 30 per cent in profit.
Analysts say as many as 60 per cent of online stockholders are making money, which they say is a highly surprising rate. Analysts said two factors have contributed to their success. First, the stock market has been bullish. Second, the Internet has given online stockholders the edge of quicker access to information.
The average age of those sampled is 32.2 years. They are generally better educated than those crowding traders in the halls, analysts said.
Source: chinadaily.com.cn
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