You can attend a certified four year college or university to get training to be a stock broker in PA. It is also recommended that you obtain a MBA or master degree.
you can ge the stock broker training on the following web site www.eSignalLearning.com
Series 7
"You can learn how to buy and sell stock at the Forex School. They give you tips and training on how to be a successful broker, in the stock market."
a stock broker a stock broker
Yes. Someone can become a stock broker. The proof of this, there are stock brokers.
There was over speculation in the Stock Market, which was not regulated.Many Americans purchased stock on credit. This was known as margin buying. The stock broker would lend the buyer money to purchase stock, when the stock was sold, the broker would take out the money owed him plus interest. As the market started to fall, most brokers called in their loans. Owners could not sell their stock or could not sell it at a price to cover the loan from the broker. This meant that both broker and owner lost money. Eventually, there were stocks for sale but no buyers.
A stock broker is a licensed agent who buys and sells stocks for both retail and institutional clients. In Canada, a stock broker is called a Registered Representative who is required to complete 30 hours of professional development and 12 hours of compliance training in every three year.
"Buying on Margin" meant that you would only have to put down a small percentage of money (10%) and the broker would cover the rest. If the stock price dropped too low the broker could issue a "Margin Call" which means that the person has to repay all of the money that the broker put down. People often used this in the 1920s in order to buy more stock for less. i.e. Instead of buying 5 stock for $10, he could buy 50 stock for $10 and a loan from the broker. If you were to sell the stock, the broker would get his money back plus a portion of the profits.
There are many stock market jobs. Of coarse you could be a broker but you can also work for a broker in the following ways: an assistant, a secretary or a helper. I am sure their are other jobs but I do not know of any.
Stock Brokerage Houses are places where one could buy stock using a Stock Broker. There are also several very reputable online sites to where one can purchase stock of PRWCX.
When looking to invest your money in stocks, it would be a good idea to work with a stock broker. A stock broker can providing you with investing tips and consultations, and can also facilitate the trades of stock. When looking to work with a new stock broker, there are several things that you should take into consideration. One of the most important factors to consider is how the stock broker is compensated. You should avoid working with stock brokers who are compensated based solely on the sale of stock. Instead, you should look for a broker who is compensated based on your return on investment.
Firms to be a stock broker usually require college graduates, courses such as Finance, Accounting, Economics or Statistics could help push you further into this career.