I know this is a stupid question, but my son have a masters in nouns and he has permitted a job contained by Chicago as a trader. He will be trading commodities. Can anyone help his poor momma know this. He's tried, but he speaks in another speaking...I don't get. I be an English major and not fundamentally tecnically inclined. Appreciate it.
Answers: A stock broker is an employee of a brokerage firm and their purpose is to minister to clients with their current investments or assist them contained by making new investments; to provide open market information, and keep investors abreast on any marketplace information that may effect them.
Stock brokers are really sales folks, they try to sell investments that their company recommend, they try to solicit new customers for the company, and to provide instructions on a variety of investments products and terms used by the industry.
Stock brokers are salaried commissions and the orders that they lend a hand the customer generate. Commissions are usually a sliding schedule and differ for respectively product they sell (stocks, bonds, mutual funds etc)
Traders use the firm's money (capital) to trade commodities for the firm's side. They will buy and sell and are expected to cause a profit on each trade they do.
Many traders are compensated salaries, and regularly share in the profits that they can generate (the profits are off-set by any loses that they have), but they can breed a very righteous living at what they do. The pace that they work is amazingly fast, and they're expected to hold on to up with it or they are out.
Of the two positions, the stock broker, according to the common public has a incredibly prestigious position and the trader lives a very briskly pace natural life.
In the industry, the trader has a great deal more respect because he has to assume fast, alway be accruate, and trade incredibly well, while the stock broker is commonly considered the dumbest thing walking adjectives.. You'll find in this business, the stock brokers normally put on a better front and show, while the trader, O well, let's not dance there.
Mom should be particularly proud of her son, there are several young those would be very envious of his unusual job. Not with the sole purpose will he use his education every hours of daylight, but the better he becomes the more respect he can earn.
Some year Mom should sit him down and make him explain exactly what he does, he may be a smart guy, making tons of money within a fast stride business, BUT mom's still mom
Generally a trader sits in a room near many other folks in front of a blind and uses his company's money to electronically buy and sell financial products similar to stocks or bonds or as you stated commodities. Commodities can be things like food, or metals - so, for example, if you thought 6 months down the road nearby was going to be a big storm that be to wipe out a coffee crop consequently you would buy large quantity of coffee (on paper) hoping that you will be able to provide them for a profit in the adjectives.
Stock brokers tend to be more client driven. So you sit in an bureau by yourself or with a small troop and you try to get private individuals to buy stocks surrounded by company like GM or Apple or Chevron, and charge a commission to that human being (to buy or to sell). the more buys and sells you do the more commission you generate and the richer you bring back (or so the story goes)... Ask your son again. He can explain it in plain english unless he intentionally tries to brand the whole item more complicated than it is.
Theoretical finances are not difficult to understand although quarter reports usually are since they are not standariced.
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Answers: A stock broker is an employee of a brokerage firm and their purpose is to minister to clients with their current investments or assist them contained by making new investments; to provide open market information, and keep investors abreast on any marketplace information that may effect them.
Stock brokers are really sales folks, they try to sell investments that their company recommend, they try to solicit new customers for the company, and to provide instructions on a variety of investments products and terms used by the industry.
Stock brokers are salaried commissions and the orders that they lend a hand the customer generate. Commissions are usually a sliding schedule and differ for respectively product they sell (stocks, bonds, mutual funds etc)
Traders use the firm's money (capital) to trade commodities for the firm's side. They will buy and sell and are expected to cause a profit on each trade they do.
Many traders are compensated salaries, and regularly share in the profits that they can generate (the profits are off-set by any loses that they have), but they can breed a very righteous living at what they do. The pace that they work is amazingly fast, and they're expected to hold on to up with it or they are out.
Of the two positions, the stock broker, according to the common public has a incredibly prestigious position and the trader lives a very briskly pace natural life.
In the industry, the trader has a great deal more respect because he has to assume fast, alway be accruate, and trade incredibly well, while the stock broker is commonly considered the dumbest thing walking adjectives.. You'll find in this business, the stock brokers normally put on a better front and show, while the trader, O well, let's not dance there.
Mom should be particularly proud of her son, there are several young those would be very envious of his unusual job. Not with the sole purpose will he use his education every hours of daylight, but the better he becomes the more respect he can earn.
Some year Mom should sit him down and make him explain exactly what he does, he may be a smart guy, making tons of money within a fast stride business, BUT mom's still mom
Does anyone own an adjectives ETF Portfoilio?
Generally a trader sits in a room near many other folks in front of a blind and uses his company's money to electronically buy and sell financial products similar to stocks or bonds or as you stated commodities. Commodities can be things like food, or metals - so, for example, if you thought 6 months down the road nearby was going to be a big storm that be to wipe out a coffee crop consequently you would buy large quantity of coffee (on paper) hoping that you will be able to provide them for a profit in the adjectives.
Stock brokers tend to be more client driven. So you sit in an bureau by yourself or with a small troop and you try to get private individuals to buy stocks surrounded by company like GM or Apple or Chevron, and charge a commission to that human being (to buy or to sell). the more buys and sells you do the more commission you generate and the richer you bring back (or so the story goes)... Ask your son again. He can explain it in plain english unless he intentionally tries to brand the whole item more complicated than it is.
Theoretical finances are not difficult to understand although quarter reports usually are since they are not standariced.
Resolved Questions: