It is never too late to start your career in a field you are familiar with. This way you would learn to understand market movements and handling of stocks. For example, if you have knowledge in the computer industry, you can opt for handling stocks for computer companies.
Stock broking is a career of great ups and downs. You need to have a triangular personality to handle people as well as moods of the stock index. A broker job means handling and advising clients on investment and risk strategy. You would need to buy and sell stocks on their behalf and manage their portfolio.
Managing a portfolio calls for interview with the clients to assess their requirements about income levels, capital growth and client hidden expectations. You may also need to make presentations to large or corporate clients. Nevertheless, even if your client is an individual you would need to present your knowledge and capabilities to convince him to invest in stocks. If you are looking at a broker profession, you would also need to possess some presentation styles. After all, everyone is your customer, isn`t it?
You need to learn how to study and consult share prices on computer terminal and obtain the best prices for your clients? Do I sound like being a travel agent and get the best and the cheapest deals for your client?
Believe me, it is tougher than that. In air fare deals, at least market does not change in a span of thirty minutes. A strict vigilance and ability to predict market movements helps in the long run in a stock brokerage.
Key skills required for stockbroker career are strong communication skills and an ability of quick and accurate thinking. This is what trading is? Secondly, you should have great ability to absorb data and analyze it enough to give the correct information to your client.
A keen eye on every detail of the stock market as well as your client helps a lot in this financially rewarding industry. Stock broker career means dealing with uncertain markets as well as clients. You need to bond and attract clients and markets together.
No one can predict movements of neither client nor the market. So keep a watch! In the end, you should have enough stamina, judgment and confidence level to manage the portfolios and turn them into profit making profiles.
There are fine prospects for stockbrokers all around the world. If you are a qualified professional then stock index is the limit. You can reach full financial freedom sooner than you realise as a stockbroker.
More than an education and a paper qualification you need flair and a personality to handle your career and profile of being a stock broker. You can find many openings in a stock market with both domestic as well as foreign firms. All you need to do is to come to terms with real competition and ensure appropriate standards in your profile.
