I’ve been wanting a career change for a while now. I currently am working a successful sales job, however it’s just not doing it for me anymore. So I’ve always had an interest in the stock market, however have dedicated no time to it. Recently i’ve become further intrigued and have picked up a couple of books, etc. I really want to learn the trade, including day trading, and then possibly seek out a career in this area. My question is, how do I get started with no expierience? What would an entry level position entitle? I understand licenses, Series 7 & 63, but what’s a good starting company and positiion to look into? I do have a college degree, but no education in this area.
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5 Comments on “I want a career change! I’m interested in stocks / day trading, any ideas help.?”
Nick Z 24th December 2009
You don’t need any qualifications to trade in stocks with your own money. And I don’t think anybody would trust a novice to trade with their money.
I suggest that you do some learning at http://www.investopedia.com
This website has a stock simulator where you can open a free account and practice trading stocks with virtual money. It’s a good way to practice various trading strategies and find out what works for you without the risk of loosing your hard earned money.
jmom 24th December 2009
bad idea right now with the stocks tumbling, as a day trader you make more money with people trading q day, and now people are probably wary about trading
but go anead and learn more and get training
quantumrift 24th December 2009
Day trading?
Be prepared to lose everything you own, and then some.
A.D.I.D.A.S 24th December 2009
Your sales expierence would help you to get a position as a financial advisor and they would sponsor you to help obtain a series 7 and 63 licemse, this would be a good starting point.
snow_white 24th December 2009
you may have to open a Demat account, you should have some extra bucks to be pumped out and which you can not use immediately. very good stock / share journal should be referred/subscribed to . training class for beginners are conducted, please follow the instructions carefully.learn every penny saved/ invested is earned by you. ref to all web site like the street.com, chart filter.com etc.watch CNBC,NDTV etc closely. you will not only make money but also learn how quick money is earned and invested.