I want to be a trader?

Question

How do I get a job as a Trader on Wall street at a legit firm...I am 28, went to a regular university, major in finance, work in finance...can anyone help?

Answer 1

Apply for a job with a legit firm. Some will sponsor you upfront for your 7. Then start getting into the system. Once you are in a firm and have a license you can do a great deal of things within the industry

Answer 2

A college degree is not required, but most brokers have one. Brokers have to be licensed. A license is obtained by passing the General Securities Registered Representative Examination and, in many cases, posting a bond. Individuals may take this test after they have been employed by a brokerage firm for four months. Firms use these four months as an on-the-job training period to prepare their workers for the test. Many states also require the candidate to take the Uniform Securities Agents State Law Examination. These tests are designed to ensure the candidate’s knowledge of all aspects of the stock market. After passing these tests, an individual is considered a trainee. While working full time, he takes classes and trains for up to two years. Employees are expected to take training courses throughout their careers to keep abreast of developments in the field. Those with prior work experience have the greatest opportunities for becoming a stock broker. Few people become brokers straight out of college. Most employers seek applicants who have already succeeded in other fields, such as insurance sales. If you know your interests lie in the market, study economics, finances, computers, and business management in college. Many employers view ambition as the most important quality a candidate can possess

Answer 3

You need to be sponsored by a broker dealer to get the Series 7 license. So you need to find a job with a b/d first.