Skills required to become a stock trader

In normal words a stock broker can be defined as someone who buys and sells stocks on others behalf. In reality, this term has a lot more to do apart from buying and selling. Becoming a stock broker is no child’s play. Before jumping into the field of stock brokerage, you need years of education, research and experience. A successful stock trader has a great commitment and enthusiasm towards the success of their clients or the organization they are working for.

You should have a great understanding of how NIFTY and SENSEX work. Good financial knowledge is mandatory.

Let’s get straight to the point and discuss what are the skills required to become a stock trader.

  • Skills

Pressure handling

Stock trading requires immense research and very close analysis of the going on of world stock market.

Interpersonal skills

This job requires communication with your clients. There will be several occasions when you have to take initiave and turn the course of events in your favor.


You need to construct cash flow and credit analysis for portfolio managers and a lot more. So, you must possess good knowledge of what you are doing.

Numerical ability

A stock trader plays with numbers. There whole world is full of numbers. Good knowledge of arithmetic and satatistics would be highly beneficial for your growth.

  • Eligibility

In order to become a stock broker, minimum qualification is a graduation degree with at least two years of experience in a broking organization. Minimum qualification to be a sub-broker is 12th standard. Age should be at least 21 years.

There are no particular courses available for stock broking. But additional degrees in financial market, commerce and economics will help you lend a job somehow easily.

Stock broking is not the only option. You can opt for a financial manager, an economist, a financial advisor, analyst etc.

  • Job opportunities

Bombay Stock Exchange  (BSE), Calcutta Stock Exchange (CSE), United Stock Exchange (USE), MCX Stock Exchange Ltd. (MCX-EX) and National Stock Exchange (NSE) are the only five functional stock exchange firms in India currently. The number of stock exchange firms used to be 20 back in 2014.

Various jobs are available in stock trading. Bombay Stock Exchange ranked 10th and National Stock Exchange ranked 11th among world stock exchanges in November 2014.

It would not be wrong to say that Indian stock market has a lot to offer.

  • Pay Scale

Pay scale varies hugely depending on several factors like qualification, knowledge and experience.

But all in all the remuneration in stock trading is pretty good.

  • Cons Of Becoming Stock Broker

As we all know that every good thing comes with a price tag. Same applies in this field. As a stock broker you have to be constantly in touch with market fluctuations and at the same time keep your clients updated with the corresponding information. All this work can be quite tedious. That’s not the end of story, not only it is high pressure responsibility but also it demands you to sacrifice your social life as you are left with no time to pursue your social life.

Otherwise, it’s a great career option if you are determined to follow the path.

Most Popular articles

11 Games That Can Add More Fun To Any Event!

People are the soul of any event. They begin,...

The Top 10 Best Blues Movies of All Time

Hollywood’s record of producing films about the music genre...

One of the Mathematical place in India Jantar Mantar

Jantar Mantar is the one of the mathematical place...

7 Effects That Will Blow Your Mind

The universe functions in mysterious ways. A small change...

Top 20 world Cuisines

Food knows no boundaries, and we are truly blessed...

Recent articles

What is veal and why is it unethical to use it? 

A highly valued food item that is frequently featured...

Rasmalai Cake | Rasmalai Cake Recipe | Benefits

Hey there, sweet tooth squad! Let's talk about something...

Top 20 Vegan Movies

Veganism is portrayed in vegan movies as more than...

Top 10 Must-Watch Philosophical Movies

Philosophy as a discipline has always mesmerized people with...

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: