Stock brokers hold the responsibility of advising and handling a client's investments in stocks for maximizing profits. One can opt for this profession if knowledge in economics, comprehending data and analyzing market performances is thorough. Aggressive trading and quick and proactive approach are preferred considering the risks involved in this business.
stock broker salary
Some of the requirements to qualify as a stock broker are:
• Should have studied economics, be good in data analysis, and numbers.
• Learning the fineness and skill of trading by practicing 'virtual trading'. Use real market figures and data, purchase and sell stocks. Once investment costs are recovered and profits come in and the investments made are all profitable, one can get ready to trade in real market.
• One has to clear exams conducted by the National Association of Securities Dealers to qualify for the license. Some states call for additional qualification by clearing certain exams like Uniform Securities Agents State Law exam and Uniform Investment Advisor Law exam.
• On the job training by getting enrolled as a trainee under the aegis of an experienced firm would be of great learning experience.
• One can become a member of any club where people from the same profession get together. This gives ample opportunity for exchanging notes and tips.
• Aggressive attitude in brokers is preferred. One must prepare during the training period itself for gaining aggressive buying and selling skills.
• Experts do not give out all their trade secretes. Watch them operate and learn well before setting foot independently. When in doubt, do not hesitate to pay a fee to experts for consultation.
stock broker salary
Some of the requirements to qualify as a stock broker are:
• Should have studied economics, be good in data analysis, and numbers.
• Learning the fineness and skill of trading by practicing 'virtual trading'. Use real market figures and data, purchase and sell stocks. Once investment costs are recovered and profits come in and the investments made are all profitable, one can get ready to trade in real market.
• One has to clear exams conducted by the National Association of Securities Dealers to qualify for the license. Some states call for additional qualification by clearing certain exams like Uniform Securities Agents State Law exam and Uniform Investment Advisor Law exam.
• On the job training by getting enrolled as a trainee under the aegis of an experienced firm would be of great learning experience.
• One can become a member of any club where people from the same profession get together. This gives ample opportunity for exchanging notes and tips.
• Aggressive attitude in brokers is preferred. One must prepare during the training period itself for gaining aggressive buying and selling skills.
• Experts do not give out all their trade secretes. Watch them operate and learn well before setting foot independently. When in doubt, do not hesitate to pay a fee to experts for consultation.