Aug 7, 2008

Online Trading Community- a trading platform for those who like to interact online

An online trading community allows its members to trade in different goods and services through the internet within pre-determined standard rules.

An online trading community offers its participant members a structured way of how to trade and sell goods and services. Such communities facilitate interaction between its members through forums and chat rooms. These communities follow certain rules and regulations that have to be complied by its members. Though members may differ on some points, they have agreed upon adopting certain standard practices.

As a general rule, the lesser experienced trader is supposed to send his or her half of business first. Theses communities advise its members not to “thread crap,” a term which refers to a user who is not party to a pending trade but diminishes it by offering a better deal or offering reasons to prevent the trade. When any used item is to be traded, members are required to ensure that the quality and condition of such item is revealed so that a proper estimation can be made regarding price valuation.


An online trading community also follows a trading circle, which allows its members to view television series and episodic media. Members exchange video cassettes, DVDs and CDs through electronic mails, with each member agreeing to pass an episode on to the next member on time, thus allowing all members of the community to view the series. Such communities facilitate trade in different services and products such as commodities, stocks, account maintenance services, foreign exchange, and even software trading. So, an online trading community offers a different platform for people, who do not have the expertise to trade in real markets, to trade online.

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