Should You Work as a Stock Broker Before You Become an Independent Trader

★ SUMMARY ★
Independent trader vs. stock broker
I received a client question recently asking if they should become a broker first and then become an independent trader. Their goal was to one day become a successful independent trader.

Typically, when you’re a stock broker, you’re more of a salesperson. You’re the one answering the phone and executing trades for others. Just because you’re executing a trade someone has asked you to place, doesn’t mean you understand why they are placing that trade now or any of the other thought processes going into that order.

Posted at: http://tradersfly.com/2013/10/work-stock-broker-become-independent-trader/#more-1096

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10 COMMENTS

  1. So my question is how do I start learning about becoming an independent trader? Because seminar I've ever been to didn't teach me anything they just wanted me to pay them so they could teach me. Can I learn this on my own or do I really have to pay somebody like Timothy Sykes to teach me?

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