Greetings friends,
I am new to this wonderful site.... I am interested in the stock market....I have am query in which I need your expert help guidance / advice....
I have 10 year's work experience.My I have been in Dubai, UAE for 6 years.Due to recession I lost my job in the cost cutting process & came back to Mumbai in August last year (2011)... In Mumbai I have been working for a proprietary firm as a Equity Dealer for 7 months...then I had to quit because the owner had made big losses & was unable to pay for our salary...I have last month passed my NCFM Derivatives dealers exam with 73.5 %...
Currently in finance, I am in a bad shape ( as I had to pay for outstanding loans in Dubai after losing my job)......Many of my colleagues have told me that I should start as a Remisier if I don't have money or start as a sub-broker / Business partner with minimum deposit of Rs.1 lakh...the reasoning of my colleagues is that as I know many NRI people in Dubai, then I can ask them to trade with me...in this way I can earn in commissions etc ....
2nd option I am looking is a career in the stock market, so on what level should I start with ? I have 10 year's experience in sales & back office...mostly in the Banking industry, not in the stock market industry ....so this is my 1st time in the stock market industry ....should I start in the sales side or in the back office / dealer side (I know research is not for me...) ...many people are saying that the stock market dealer or back office job is hardly paying & it hardly has any growth prospects....
So guys please help me.... also I met the sales representatives of Angel Broking for their Business Partner plan....
Guys please help me .....I am confuse that what should I do ? Join a broking firm for a career or start as a sub-broker / business partner / remisier etc ?
Your kind advice would be much appreciated !!!
Thanks & Regards,
Umeshrk
I am new to this wonderful site.... I am interested in the stock market....I have am query in which I need your expert help guidance / advice....
I have 10 year's work experience.My I have been in Dubai, UAE for 6 years.Due to recession I lost my job in the cost cutting process & came back to Mumbai in August last year (2011)... In Mumbai I have been working for a proprietary firm as a Equity Dealer for 7 months...then I had to quit because the owner had made big losses & was unable to pay for our salary...I have last month passed my NCFM Derivatives dealers exam with 73.5 %...
Currently in finance, I am in a bad shape ( as I had to pay for outstanding loans in Dubai after losing my job)......Many of my colleagues have told me that I should start as a Remisier if I don't have money or start as a sub-broker / Business partner with minimum deposit of Rs.1 lakh...the reasoning of my colleagues is that as I know many NRI people in Dubai, then I can ask them to trade with me...in this way I can earn in commissions etc ....
2nd option I am looking is a career in the stock market, so on what level should I start with ? I have 10 year's experience in sales & back office...mostly in the Banking industry, not in the stock market industry ....so this is my 1st time in the stock market industry ....should I start in the sales side or in the back office / dealer side (I know research is not for me...) ...many people are saying that the stock market dealer or back office job is hardly paying & it hardly has any growth prospects....
So guys please help me.... also I met the sales representatives of Angel Broking for their Business Partner plan....
Guys please help me .....I am confuse that what should I do ? Join a broking firm for a career or start as a sub-broker / business partner / remisier etc ?
Your kind advice would be much appreciated !!!
Thanks & Regards,
Umeshrk