How to start trading in the stock market as a profession?

Question

1) Education and license required

2) Job to apply for

3) State Anything that is required

Answer 1

Though you don't technically need a degree in anything to become a trader, it is advisable, of course this depends on the type of trader you want to be.  You can simply go to Edward Jones or Wachovia, any of those places and apply for their program, they will train you.  Otherwise I suggest going to University and getting a degree in Finance, be sure to focus on investing courses and statistics.  After you are done with this then you will want to move on to get your Series 7.  A Series 7 gives you the ability to trade stocks, etc. for other people...legally.  After taking the test for a series 7 you will need to find a place where you can work under an established investor for your apprenticeship, this will be for a period of 2 years.  After all that is said and done you have free reign to work wherever you want, making d**n good money.  

Jobs to look for:

Floor Trader

Commodities Trader

Trust

Stock Broker

Investment Banker

Etc.

FYI, investment bankers made a average bonus of $2.3M last year, and that's not even a good year, economically.  Good luck, hope I helped a bit.

Answer 2

Although you do not need a college education, it may help you getting in the door, especially with the major firms.  

Your education resume should show that you earned decent grades, your courses were academic.  You should be good in math, and have a good command of the english language and speak well.

To have a license you must be sponsered by a firm, but you won't need licenses, and if you do the firm will provide what you need.  

You should be prepared to send your resume, or visit all major brokerage firms, when they are depleted you can go to the larger banks (main offices only, the branches do not have traders).  You can also visit, or send resume to mutual fund companiess

You don't have to apply only to the large firms or those with the most popular names, there are many smaller firms that are major trading houses, or specialist firms.

You shouild apply for any position in the trading department.  If you live in or near an area that has an exchange, you hot all the major firms and apply for any job in the trading department or floor operations. You may have to start a clerk, but so what,  

You should try to get a list of all lthe brokerage fimrs in your area, even if they are only branch offices, stop in and visit and try to speak with manager.  Try to get some direction from them, you can always drop their name when submiiting your resume to the proper person.

It would be helpful if you have an idea of how the markets work.  Try reading some of these

Trading For a Living by Alexander Elder

Mastering the Trade” by John Caster

The Disciplined Trader by Mark Douglas

Good luck on you journey

Answer 3

Stockbrokers and Investment Bankers do not trade stocks for a living, only traders do that.

The only thing you need to trade as a profession technically is an account with a broker like TDameritrade and a computer. The hardest thing is actually learning to trade, but that only comes with experience, no book or course can teach you that. Although you will need to read books on technical analysis and such so that you are familiar with indicators.