Trader career.

Just a few years ago, not everyone could become a trader; this job required special education and was available only in large foreign brokerage companies and hedge funds. But in recent years the situation has changed dramatically; now making a career as a trader is much easier; all that is required from the applicant is desire and perseverance.

A trader's career can have several development options, the first and simplest involves investing using your own capital.

The second is working in a dealing center or investment company. This article will tell you what you need to do to become a trader, and what difficulties you will have to face.

An interesting example is the story of Christopher A. Farrell.

His first acquaintance with the stock exchange occurred immediately after graduating from college, and he was very lucky; Christopher managed to get a job at one of the brokerage companies, where he received his first trading experience. At 23, he decided to work independently, turning one of the rooms in his apartment into a home office.
Over the first few years of operation, the profits generated began to amount to millions of dollars, and it was decided to create its own investment fund, Farrell Preferred Stock Arbitrage Fund, LP. The profit of which, in the first year of operation, was 65%, which is a fairly good indicator for such companies.

Christopher Farrell is completely satisfied with his work and the results achieved over ten years of acquaintance with the exchange.

Now this trader's fortune is estimated at tens of millions of dollars. Some will say lucky, but for some reason luck never sneaks up on those who are lying on the couch, so the sooner you start working on your trading career, the higher your chances of success.

Where to start?

Unfortunately, in our country it is quite difficult to get a job in a brokerage company without having relevant success in trading.

Special education is unlikely to help; you must first learn how to earn a profit and bring it to your investors; only after that the doors of investment funds and brokerage companies will open for you. Therefore, from the very beginning you should be prepared for the fact that you will have to obtain most of the information yourself.

And get practical experience by trading your own money. You should start by getting the basics about how the Forex market works and trading on it.

For these purposes, any Forex textbook or video course will suit you. Afterwards, you can move on to practical trading on micro accounts; this can only be done with cent brokers . At the same time, clarifying all the questions that interest you and creating your own trading strategy, or trying to make money on ready-made Forex strategies .

After receiving a positive result from trading on a cent account, you can move on to working with larger volumes.

The final stage of a trader's career.

Now you have learned to trade and your profit is 20 percent or more per month, now the following prospects open up before you:

1. Opening your own investment company or creating an Internet site to attract clients.

This is a rather expensive method that requires some investments, but at the same time you will work directly with investors.

2. Attracting clients to your PAMM account - in this case, in addition to commissions, the investor for using his funds will also have to share with the brokerage company, which will act as an investor.

The number of attracted clients, and therefore capital and, accordingly, profit, will directly depend on your position in the ranking of traders.

3. Work in a company or fund - by showing your work statistics, you can hope to find employment with a dealing center or investment fund.

In this case, the company itself will attract customers. 4. Independent trading – requires a considerable amount of funds to obtain the desired result.

For example, by earning 10% per month from the main deposit, you can calculate how much you need to make good money. A trader’s career differs from other types of earnings in that there is no freebie, no one will give you money for nothing, everything depends only on the result of trading on Forex. But if you manage to achieve it, this can serve as the basis for the realization of your wildest dreams.