Home » Business » Careers and Jobs

4 Key Factors Concerning Your Future Career in the Stock Market

Jan 9, 2008
Have you been thinking about a career in the stock market? Do you have the drive and ambition it takes to make bold and unpopular decisions? Then this just may be the right career path for you. While there is no cookie cutter mold you have to match up with to be successful in the stock market there does seem to be a common thread among those who have succeeded in this career. We are talking mostly personality commonalities here. So lets see if you have the right personality for this job.

First off do you think you can speculate with the best of them? We are not talking about uneducated speculation here; it could be called analysis in fact. The art of predicting the future has to be the number one character trait common among those who have been wildly successful in the stock market career path. Ask anybody who has been successful in the stock market, either broker or investor, and they will tell you it was because they were able to get in early on something before public awareness made it explode in profits.

That my friend is the ability to predict and speculate. That is what will bring home the bacon. Nothing ranks higher on the list of desirable skills than this. This is not something you learn overnight but it definitely helps if you fell you have a knack for it. Over time you will gain more and more experience and will refine those speculating skills. Who knows, maybe you will become the next Warren Buffet/Oracle of the stock market. Dont underestimate yourself by no means even if you feel you only have a small ability in this arena.

Varied education abounds among stock market professionals. Many stock market professionals have humble beginnings. Of course there are those who went to well known schools to get where they are at but the point is that is not completely necessary. Education will certainly help in the long run but it is not required. If this is going to be your passion and life pursuit I would say go ahead and get school out of the way. It would just pay dividends, no pun intended, in the long run.

Are you a leader among followers? Profitable decisions are usually the least popular. Read that again because that will be your motto and the varied interpreted motto of all successful professional working with the stock market. Are you easily swayed by peer pressure or could you care less? Be honest, if the pressure is on and you have limited maneuverability, will you clear your own path and make the decision with the most opposition? This is not to say that the best decision will always be the most opposed but it certainly happens.

Take all these factors into account as you consider you future career in trading stocks, investor relations, or being a broker. From large-cap to penny stocks these traits are all important.
About the Author
Scott Johns conducts research and analysis of stock market picks for a penny stock analysis company. To check out Best Penny Stock Picks for some of his company's latest picks.
Rating:
Please Rate:
(Average: Not rated)
Views: 116
Print Email Report Share
Article Categories