LaidOff Trader Want To Work for Investment Firm?

Discussion in 'Retail Brokers' started by igum, Oct 2, 2002.

  1. igum


    Hi, I've been laid off for about 8 months and have been day trading for a couple of months. I'm kinda profitable but don't feel like I've quite turned the corner to consistent profitable competence yet, but I'm getting better I think. I'm getting pressure to find a job. I saw an ad for a trader position. It requires Series 7 license. Should I take this test and apply for the job? It'd be great to trade other people's money and work for an institution and maybe learn some thing along the way. But if I get licensed, what kind of restrictions do I have? I'll have to pay a premium for tools and data right? So why get series 7 if only just for this kind of job. How long typically does it take to get? Is it better just to trade for yourself? Thanks.