mardi 20 octobre 2015

What is a typical day in the life of a stockbroker

A day in life of a Stockbroker 


Introduction

We can see in the financial field a way of working more exhausting and stressful than many other workplaces. One of the main reasons is that it’s an economic field of work where the money is always moving and the worker is constantly updated with the daily news. Therefore, if you want to succeed in this working area you need to be willing to give up many things. The hardest thing to give up that we see in most of common financial job, such as stockbroker is the sleeping time. This is a consequence directly related to a life of a stockbroker who wants to be successful, because the sooner you wake up the better you will be organized and on top of your game. That's why, the article that I will introduce you to will be very helpful to guide you through your day step by step in the right path.

The beginning of your career

Even if there’s every day an early morning the stockbroker is the master of his day, he is the one who chooses with who and how he will live his working days at a certain level of his career. But, in the first few years the young stockbroker will spend his time trying to find clients willing to invest their money. This period can be very hard for the worker because your revenue doesn't match with the amount of effort you put in finding investor. Preferably the main goal of the stockbroker is to find big investors with a large merge of assets to get a good bonus. This is not impossible to start with great connection as a worker in that financial field. The connection you have is one of the most important sides of this job. It is a very helpful clue.

The daily schedule


All this searching of clients turns around what we call, marketing. At the same time the worker needs organization in his workplace. Therefore, he is starting work two hours before the stock market opens. Those two hours will give you enough time to do your research for the whole day and watch the news.
When the stock market opens, the job of the stockbroker is to contact his clients and give advice on the management of their portfolio. After that, the worker meets clients and future clients and fills contract and documents.

The best thing to do for a new stockbroker during an evening is to find new clients, meet new people in this financial field and most importantly to market himself to this finance world. It is the step you have to follow to be successful.

Reference

  • http://www.investopedia.com/ask/answers/09/life-of-stock-broker.as 

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