Complex tag[change source]
The English used in this article may not be easy for everybody to understand. The complex words which remain in the article are as follows: institution, retirement, versus, recommendations, analysts, and expectations. More simplification needs to be done. ciao!!! Carriearchdale 06:16, 22 November 2014 (UTC)
- Well, I don't think this is particularly complex for what is, after all, rather a technical subject. Some changes have simplified the prose. For example, prices change automatically according to demand. There's no "may" about it (simplicity is about more than just how common a word is).
- There are some things I'm thinking about. You don't need a broker these days, just a company or individual who is legally permitted to trade. For example, all companies trading in unit trusts trade in the market, and a person just deals with the company, and buys or sells packages of shares designed by the company. As you see from the red link we need a page on unit trusts. There are also unregulated markets which one can deal in directly [note added later: by 'unregulated markets' I do not mean the concept of a free market. I mean a market which is not regulated by a legal supervisory body]. They are extremely risky, but also we need a page on them. We are not strong in this area, and it is good to see someone take an interest. The stock exchanges, banking and insurance are extremely important. In the UK, they are one of the biggest contributors to our balance of trade. Oh goodness, there's another one! Macdonald-ross (talk) 10:47, 22 November 2014 (UTC)
- Thanks for working on this article Macdonald-ross. While I agree with most of your points above, there is one concept that we do not agree on. quote---For example, prices change automatically according to demand. There's no "may" about it (simplicity is about more than just how common a word is).endquote Prices do not "automatically' change according to demand. They may. They may not. I put the word may in that for a reason. It in my opinion it is really doing a big disservice to the reader to be so hard and fast and use the word "automatically". I do not feel you are factoring in market fluctuation and volatility. Of course as you know, the law of demand states that, if all other factors remain equal, the higher the price of a good, the less people will demand that good. The key words in that sentence are: "if all other factors remain equal". Some of the time there may be no volatility, and other times there may be quite a bit of volatility just depending on what is going on on the trading day. Every now and then some strange fluctuations occur. With all due respect, taking the word may out, and using automatically is truly not accurate or correct. I am sure different editors may have a different idea regarding these sentences in the article. I really think we should all have a discussion about it, and try to come to a consensus of whether may should be in the sentences or not. I will leave it up to you Macdonald-ross. I won't revert that part or anything. But I know leaving the article like that is like telling a new person who has just started trading stocks, "It's going to happen the same way automatically every time, Go all in." It isn't. There are, now and then, strange occurrences, fluctuations, and volatile happenings that really necessitate not using the word "automatically" in this article. If you do want a group of articles for simple.wp about various terms and financial trading stuff and the different markets around the world, please do make a list of the ones you want, and I would be glad to get most of them started. I have been a professional writer in financial subjects and the stock market for more than ten years. SSShhhh! Do not tell anyone, but I even have a nationally syndicated column. Of course I never comment, or write about any stock that I personally own, unless I have expressed that fact in the form of a disclaimer to prevent any appearance of a conflict of interest. ciao!!! Carriearchdale 14:15, 22 November 2014 (UTC)
- The trading of shares on the stock exchange is automatically registered by the stock exchange computer network (- so it is not the same as buying and selling a product in the open market. It is automatic!). My original phrasing was "prices change". Of course, the software has settings which determine how and when and to what extent the prices shown on the screen change. Since you have expertise in this area, do go ahead and make whatever changes you think best. However, I was not actually dealing with the question of what investors should do or not do. Macdonald-ross (talk) 14:39, 22 November 2014 (UTC)