Becoming a Securities Trader, also known as a Stock Broker, can become a very profitable career if you’re willing to work hard to establish your marketability as a trader. We have all watched those movies where stock brokers become corrupt as they earn large amounts of money and power by manipulating buyers and telling little white lies about the market and wondered what it would be like to live in their shoes. We all know the “greed in good” mantra that each broker is considered to live by, but not all brokers are corrupt. However, stock brokers or securities traders do have the potential of making a whole lot of money in their career and can become wealthy and powerful if they work hard and take the time to learn how to do the proper work to get the kind of results that they want. Of course, there are temptations to make an easy buck or two but most brokers will not risk tarnishing their reputations on the road to establishing a successful and legitimate career.
There are many perks to becoming a securities trader, but obtaining a Series 7 license is the quickest way to start on your path to success because then you can sell almost every type of security and you will have the chance of being a highly sought after professional by large companies and corporations. The two biggest perks to being a securities trader is working for big and profitable businesses and earning a sizeable sum each and every year. Working for a large company provides you with several benefits and a great retirement plan that smaller companies cannot provide. After you’ve worked at most trading companies for a year, you will be allowed more vacation time that most other companies. And the income is the most incredible part. If you’re great at selling securities, you’ll have the chance at having an even better income than most because you’ll get a cut of what you sell. It may not seem like a lot, but some traders may sell hundreds of thousands of shares each year and that could result in some serious cash. Most stock brokers earn a six figure salary in their first year. After that, the potential to make more than a million dollars each year is incredibly great. With some hard work and dedication, you could become a millionaire in just a matter of years as a stock broker which is one amazing deal to think about.