also can anyone pls reply constructively to my following question from another thread, I've read all the slagging of regarding broking firms but there must be some proper places out there right? and the money is great if it goes well, isn't it?
"My knowledge of these firms is limited so advice would be great, the firm I'm starting at Trades primarliy long/short on large cap/mid cap stocks, avg leverage is 3x which I think is not too dangerous, its based in the city and uses well established institutions as the custodians. Doesn't all of that sound quite legit?
The role is all about earning commision by cold calling private clients and raising assets.....but isn't that normal? financial Advisory firms, asset management firms, even hedge funds ( I get called by a HF everyday in my job), cold call in different amounts to grow their business and raise assets? Why is that wrong? and the earnings potential is massive if it goes well, 10k a month within 12 months seems quite achievable, isn't that a positive as well?
I'd rather join a big name with a training scheme and less of a pure sales focus but it seems impossible without prior experience. Does anyone have any advice or suggestions?"