View New Posts
12
  1. 12-28-09 02:42 PM #36
    yellowman
    yellowman's Avatar Become A Pro!
    Join Date: 03-23-09
    Posts: 170
    SBR Points: 60
    Message Me

    Default

    Firms like these will basically hire 10 guys and put them through hell and hope that one or two make it. Be prepared to be put through the ringer - good luck man, hope you beat the odds.
    Reply With Quote Reply With Quote
  2. 12-28-09 03:10 PM #37
    Brock Landers
    Forever in Debt to your Priceless advice
    Brock Landers's Avatar Become A Pro!
    Join Date: 06-30-08
    Posts: 26,639
    SBR Points: 221
    Message Me

    Default

    anthony, sounds like you will spend a lot of time "equity raising", which is basically cold calling people. I was a commodity broker for 3 months back in 96-97 and i got 2 people to bite, plus my folks, but getting paid on commission at that time was just not for me, i made nothing. Funny thing is, the people i got in, all made a few grand in a few weeks and got out. They were quite pleased. Corn options was the thing at that point. Used to know options like the back of my hand, now i am totally out of the loop.
    Reply With Quote Reply With Quote
  3. 12-28-09 03:23 PM #38
    flyingillini
    Ashdod to Haifa
    flyingillini's Avatar Become A Pro!
    Join Date: 12-06-06
    Posts: 32,772
    SBR Points: 14
    Message Me

    Default

    If you get in with a good firm and have the connections you can do very well. My Brother is living the high life. He had/has all the right connections and knows a lot of successful people to begin with. Without that, I don't know how he would do.
    Reply With Quote Reply With Quote
  4. 12-28-09 03:26 PM #39
    paco
    http://paco.mysbrforum.com/spreadsheet/
    paco's Avatar SBR PRO
    Join Date: 05-07-09
    Posts: 48,559
    SBR Points: 85
    Message Me

    Default

    Quote Originally Posted by flyingillini View Post
    has all the right connections and knows a lot of successful people to begin with. Without that, I don't know how he would do.
    Reply With Quote Reply With Quote
  5. 12-28-09 03:27 PM #40
    Sam Odom
    Sam Odom's Avatar SBR PRO
    Join Date: 10-30-05
    Posts: 12,948
    SBR Points: 36
    Message Me

    Default

    You'll be a millionaire before Dec 31 2010
    Reply With Quote Reply With Quote

    SBR Founder Join Date: 10/30/2005

  6. 12-28-09 03:36 PM #41
    investor
    Chicks jumpin my whip like a moshpit
    investor's Avatar Become A Pro!
    Join Date: 10-08-09
    Posts: 1,929
    SBR Points: 0
    Message Me

    Default

    i think anthony just finished watching the boiler room. Good movie though...
    Reply With Quote Reply With Quote
  7. 01-05-10 01:14 PM #42
    Dendon
    Dendon's Avatar Become A Pro!
    Join Date: 01-04-10
    Posts: 1
    SBR Points: 0
    Message Me

    Default

    Quote Originally Posted by flyingillini View Post
    You just don't become a Stock Broker the way you described. My Brother is the VP of a big financial firm in San Francisco and I remember when he became a Stock Broker. Lots of screenings and a very lengthy test is included because you are dealing with peoples financials. Two of my best friends are Brokers as well and the hiring process is more than what you just described. I drive a Mercedes, you need only half of a decent brain to earn a good living and drive whatever you want.
    Have to agree - this story does sound a little too good to be true. My guess is the position will be entirely commission-based, so not involving the broker salary you typically have as a base, before commissions and bonuses are figured in. Though this may well be the path to that...
    Reply With Quote Reply With Quote
First 12
Top
« Previous Thread | Players Talk | Next Thread »