for a list of past students working in the industry who are happy to be contacted. See how well you match this job profile and over 400 others. Competition for entry is intense. The day-to-day activities of a sales trader may include: gathering information and analysing the market carrying out detailed data analysis and valuation providing in-depth market reports identifying issues affecting clients developing client relationships and presenting ideas to clients executing trades and securing deals with new. The work is demanding and trading can be hectic.
(See related: How To Become A Successful Forex Trader. For further information see individual company websites. Closing dates are normally in late October and early November for opportunities starting in the following summer or autumn. Networking and following up contacts can be useful in finding jobs. Traders may specialise in a particular product, such as shares, fixed-interest bonds or foreign exchange (FX) markets. Perseverance, continuous learning, efficient capital management techniques, the ability to take risks, and a robust trading plan are needed to be a successful forex trader. Such traders adopt high-volume, low-profit trading strategies, as they have little profit margins due to a lack of developments specific to forex markets. Such a decentralized and deregulated market helps avoid any sudden surprises. The best approach is to keep strict stop losses for all forex trades and trade systematically through a well-planned approach. If you've proved yourself after five years, it's not unusual to be given responsibility for a small team, possibly two or three small teams, and then to head up a new desk trading a new product or in a new country. Additional benefits, such as non-contributory pension schemes and mortgage subsidies, are common. A trader may not have any control on how his trade order gets fulfilled, may not get the best price, or may get limited views on trading"s as provided only by his selected broker.
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