You don't literally understand the phrase "trading stocks". You don't sell stocks like a baseball card. For example; I replaced 100 IBM with 100 Intel. No, it is not. The term "transaction" in the financial market means buying and selling.

For most people, the path of a system that can trade one billion shares a day is no secret. There is no doubt that our financial market is a miracle of technical efficiency.

Traders and the market must fulfill an order for 100 shares of Acme Kumquats with the same caution and documentation as the purchase of 100,000 shares of MegaCorp.

You don't have to know all the technical details of how to buy and sell stocks, but a basic understanding of working in the market is important for investors.
There are two main methods

There are two main methods of exchange for transactions: on exchanges or electronically.

Since December 2017, there have been many attempts to transfer more operations to the network and beyond the trading floor, but this impulse has met with some resistance. Most markets, especially the NASDAQ market, trade electronic stocks. However, the futures market is traded personally on several exchanges but this is a different topic.
Exchange trading

With a TV description and a film about market operations, most people are trading on the floor of the New York Stock Exchange (NYSE). When the market opens, you see hundreds of people shouting, pointing at each other, talking on the phone, looking at the screen, and entering data into the terminal. It's too complicated.

At the end of the trading day, the stock price calms down, but depending on the type of transaction, it may take up to three trading days to resolve the transaction. This is a step-by-step process to complete a simple transaction on the New York Stock Exchange.

You tell your broker to buy 100 shares of Acme kumquat in the market.
Your broker's customer department will send the order to the stock seller.
Floor staff alerted a company floor salesman that he had found another floor trader who wanted to sell 100 shares of Acme Kumquats. This is easier than it sounds, because floor merchants know which floor merchants set up markets on specific exchanges.
Both agreed on a price and completed the transaction. The online notification process will return and your broker will call you at the final price. Depending on the stock and the market, this process can take a few minutes or more. After a few days, you will receive a confirmation notification in an email.

Of course, this example is very simple. Complex trading and a large number of shares require more details.
E-commerce

In this fast-changing world, some people want to know how much a centralized human system like the New York Stock Exchange can continue to provide services. The New York Stock Exchange handles a small number of transactions electronically, while its rival Nasdaq makes them fully electronic.

Electronic markets use huge computer networks to compare buyers and sellers, not human brokers. Although the system doesn't have a romantic and fun image on the New York Stock Exchange floor, it's efficient and fast. Most institutional traders, such as pension funds and mutual funds, prefer this method of trading.

For individual investors, if this is important to you, you will often receive transaction approval. Taking a step closer to the market, it will also help to further monitor online investment.

In other words, you still have a broker, as for example FXTM broker, to process your transaction because individuals cannot enter the electronic market. Your broker will gain access to the trading network and the system will find buyers or sellers based on your order.

What does this mean for you? If the system is enabled in most cases, they will all be hidden from you. But, if something happens, it's important to understand what's going on behind the scenes.
What else do you need to know

If you want to manage your investment plan and make your own trading decisions, you need to learn more about how to set stock prices, how to understand stock prices, how to buy and sell stocks, and how to order stocks. It's also important to understand how to use advanced stations to protect your earnings to prevent you from losing all of your winnings.

You also need to learn how to avoid mistakes such as high purchases and low sales or fraud in investments.