Share trading is sometimes known as share dealing. Share trading is simply the buying and selling of shares on a recognised stock exchange. The Australian stock exchange is sometimes known simple as the ‘ASX’.

In theory, share trading is a simple process. To share trade, you look at lists of shares and their prices - you can find these in financial pages of newspapers or on the internet. You decide how much you are willing to pay for the shares and enter and offer. If the offer is accepted, you receive the shares and pay for them. Selling shares is just the reverse - you offer your shares at a price and wait until you get an offer. Accept the offer, receive payment and hand over your share certificates. So, in a nutshell, share trading should be simple!

In practice, there are a number of ways to do share trading

You can buy and sell shares:
- through a stockbroker.
- through a share-dealing service such as your local bank
- through an online trading service
- through your solicitor/accountant
- direct from the company
- through a share shop

It is also possible to trade shares directly with the shareholders without going via the stockmarket at all. You will need to complete the legal paperwork and pay stamp duty on the trade of the shares.

Remember that share prices can go up as well as down, so although the theory of share dealing is simple, the practice of making money through share dealing may not be so simple in real life!

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