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Trading as a career option in India – what you need to know

Stock trading is considered one of the most popular activities in the world. The stock market in India is characterized by rapid movement and growth. At the same time, not a lot of people know about the prospects of having a stable job in this market. In reality, this market provides a lot of opportunities for Indian traders and people from all backgrounds are showing their willingness to start working.

Trading in the financial markets is associated with constant setbacks, stress, big wins and monetary losses. If you want to build a successful career, then it is important for you to be able to abstract and neutralize all emotional irritants. Let’s have a look at some of the career options available in India for those who are interested in getting a job.

What are the Advantages?

Before we move to the job opportunities in India, it is necessary to outline the obvious advantages of trading both in the stock and Forex market:

  • The freedom of action – You do not depend on anyone, no one supervises you and does not force you to do what you do not like.
  • Free schedule – Most traders do not have a specific schedule and no one suffers from it. In general, you can go on vacation whenever you want without worrying about work.
  • Profit – Money in trading is spinning, and a lot. The main income of a practising trader should be trading itself. The income of a successful trader who sometimes likes to take risks can reach up to 10% of the bank’s amount, which, in fact, is a rather large figure.

At the same time, it should be noted that there are a lot of bonuses and initial promotions when you start trading. Before becoming a professional trader, everyone starts from zero. To better understand what is happening in the market, you will need some money that you will use for trading. Deposit and no deposit bonuses are some source of them. In particular XM no deposit bonus has been one of the most popular choices for Indian traders because the broker provides trustworthy and decent services in the country.

Career Opportunities in India

Here are some of the most common career options available in India for people who are interested in the stock trading market.

Stockbroker

This one is pretty much straightforward: to start this job, you will need to have a trading account. After that, you can start small by taking a sub-broker ship from any existing broker. In addition, this can lead to financial freedom. The population of India is the largest after China, so it is clear that a stockbroker career could be something extraordinary.

Investment Advisor

Every person needs someone who will assist him or her to achieve the desired goals. When we talk about stock trading, having an advisor and expert analyst is especially important. This is a person who will guide you through complicated stuff and explain all the necessary information that is necessary for successful trading. A certified financial advisor is always in demand and after meeting the criteria you can apply for the job.

Portfolio Management

Skilled and experienced portfolio managers are the ones that manage your investments. With the help of qualified fund managers, you can be sure that your money is handled perfectly. To become a portfolio manager you will need to have a certain qualification and you need to start with research and marketing.

What is the Work Schedule?

It should be pointed out that the work schedule is different for everyone – sometimes it can be a part-time job, while a lot of professions require a full-time commitment. If you are a trader then things could be even more complicated. A trader’s freedom never comes: you have to react to every signal and make a decision, at any time of the day. But it usually takes a couple of minutes, and then you can go about your business again.

How Much Does a Trader Earn?

The profitability of a trader’s trading depends on numerous factors: the aggressiveness of the chosen trading strategy, freedom in managing trading capital and choosing exchange instruments, leverage, etc.

Since traders generally do not have a fixed salary (or a very small part of it if they work for a company), their income is determined on the basis of a percentage of the profit they earn. Accordingly, there are no statistics on the average level of profitability of his transactions (the range can be from – 100% to several thousand or even hundreds of percent).

But there is one general rule: with the growth of capital under the trader’s control, its profitability decreases. This is mainly due to a psychological factor: with the growth of capital, both the sense of responsibility and the absolute value of each transaction grow, and therefore traders become more careful in choosing trading instruments and strategies. For example, with a conservative approach, a successful result is considered to be a yield of 15% to 30% per annum.

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