Sep 22, 2010

How to become stock broker?

The world is of investment era and every new individual is trying to try their luck
by investing in stock markets. It is no doubt about the stock market’s dominance
among various investments sector. Every Friday of the week brings tears and joy
among various investors but still the investors do not give up and try them up in the
right way to get good return. The investors invest their money through the middle
person of the stock market and that middle person is known as stock broker. The
stock broker does all the actions required in stock broking to make their clients
enjoying high returns. As a matter of fact, only the members of the stock market
can do the stock broking hence a stock broker is the member of the stock market
who makes the investment of different people in the market through his account.
Hence being a stock broker is a good career option. And being a stock broker is not
in terms of the market’s guru guy but an individual stock broker can earn much
more income hence it’s a big deal for all the new generation seeking their future in
financial world. But when we think about being a stock broker first thing which
strikes our mind is how to become stock broker?
There is not any kind of special degree or educational certificate for being a stock
broker. A graduate person from the fields of commerce, finance or economics can
easily seek and build his career in stock market by joining the big stock brokerage
firms. But this is not just the exact way for becoming a stock broker. For being a
perfect suitable person, the person has to appear the General Securities Registered
Representative Examinations and before applying for the exam the person has to get
the training from any stock brokerage firm for at least 4 to 6 months. After passing
the examination the person gets the license for becoming a stock broker. After these
steps the person has to appear for the Uniform Securities agents laws examinations
in several states, this examination is needed if the person wishes to be more
advanced. Hence by appearing some more examinations, the candidate can become
a good and advanced stock broker. But this was just a mock step for becoming a
stock broker; there are some characteristics which a stock broker needs for being
a successful stock broker. The stock broker should have the good communication
skills to make the clients trust on them and feel safe about their investment. A good
stock broker should have much developed ability for being rejected, this happens
in early days of every career. The stock broker should have a good patience while
stock broking. Today it can be seen every individual dreams for a good career and
a handsome income hence the stock broking a good field for all these aspirants.
Well this was for the persons who want to be the stock brokers but on the other
side there are several folks who want to invest their money by commodity brokers.
These folks are the investors. For trading in the commodity markets, every investor
should choose the right type of commodity brokers so that the trading becomes
a successful trading for that individual. First of all the investor should have the
complete knowledge about the commodity brokers. Perhaps there are some of the
commodity brokers who are new but to avoid this paradox, the investor should have
a good mock trail with small investment and if the trading gives the right expected
results, you have found the right type of commodity broker. Always try to seek for
the previous trading background of the concerned commodity broker.

81 comments:

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For aspiring financial professionals who wish to sell different types of securities, you must hold a Series 63 license. You must be sponsored by a FINRA registered investment firm in order for you to take this exam which is also known as Uniform Securities Agent State Law Examination. You need to get at least 70% to pass the exam and to get your Series 63 license.

Commodity brokers said...

I wish I had someone share this story about the crooks of investments a few years back, before I lost my money. Well such is life, great read. I invite you to share your work with us.

stockbroker said...

Your definition of stockbroker is the easiest one to understand out of lots I've ever read.lol.

And now I just knew that there's should be lots of exam to pass to be a real certified stockbroker~ oh well.

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