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How To Become A Successful Stock Broker?
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[QUOTE="Jasz, post: 241913, member: 61772"] The first step is to be educated and have a mentality of a successful stockbroker. You need to be able to learn quickly and retain that knowledge as well as learn about new trends as they change. In addition, you must have excellent verbal and written communication skills in order to be able to understand your client’s needs and persuade them into making their investments with you. The next step is finding a brokerage firm that will hire you. You can apply for jobs at investment banks or try to get into a training program at one of the major brokerages such as Merrill Lynch or Morgan Stanley where they will teach you everything necessary about being successful in this field through classroom lectures and on-the-job experience over several years before giving you your own clients. After getting hired, you will need to study hard,if possible take professional exams which cover topics like financial markets, securities products, investing strategies, risk management techniques etc., in order to get licensed so that clients will feel safe dealing with someone who has these qualifications rather than just anyone off the street with no qualifications whatsoever. After getting licensed, then it’s time for the real work: building up your client base by calling them or meeting face-to-face. [/QUOTE]
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