This myth may have been true years ago, when almost all trading went through a trading pit or floor specialist. Now that the Internet has transformed trading into a mostly electronic medium, there aren't professionals standing between you and the execution of a trade. Technology has leveled the playing field.
Also, professionals used to pay much lower commissions than individual traders, but this too is in the past. There are several discount brokers that charge individuals the same low rates that institutions and large traders pay to trade. Small traders now have many versatile tools at their disposal and can more than fend for themselves in most markets.
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