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+--- Thread: I want to become a stock broker? But I am studying history in bachelors? How to become STOCK BROKER AND HOWZ? (/thread-114671.html)
I want to become a stock broker? But I am studying history in bachelors? How to become STOCK BROKER AND HOWZ? - anshul m - 03-24-2014 10:37 AM
I want to become a stock broker? But I am studying history in bachelors . How to become a stock broker .
How is stock brokers life ? What kind of people do they socialize?
How is there social circle? How much they earn
Do they get time off and enjoy or always working and on the phone-
- ag318pun - 03-24-2014 10:41 AM
All your question can be answered on this link.
http://www.ehow.com/how_5135_become-st0ck-broker.html
- ALI HAMZA - 03-24-2014 10:43 AM
brother i am a doctor and i am too doing it from few months
first of all do read certain books like "rich dad poor dad"
for broad thinking , and remember go for long term saving other vise you loose lot of money
do read book on topic and give yourself for at least 6 months to gather knowledge
- Sean - 03-24-2014 10:46 AM
Normally you need a degree and industry qualifications.
I believe in America it is Series 7
You will then start as a junior member of staff "Opening" accounts for senior brokers. This means you do all the hard work and they get the credit. Salary = £35k per year.
After 18-24 months you will become a senior broker and start building a client base.
Realistically you need 5 Mil AUM to make any decent money in private client stockbroking. Salary + Comm = 65k+
After 3 years or so = Salary 100K +
Overall its long hours late nights.
Your work friends will be cut-throat sharks
Building your client base requires you to sell
Trading your client base requires you to know what will move a market.
1 in 10 people that start a career in stockbroking go on the be well paid. The rest either do something else or stay earning 35k for the rest of their lives