A trader is an individual involved in the buying and selling of stocks and commodities in what is considered a highly charged and stressful working environment. A trader can be an independent, self-employed professional or work for a company. Another word used for a trader is a broker. A trader is also a professional who executes transactions from the floor of a stock exchange such as the New York Stock Exchange (NYSE).
About Sample Trader Resumes
There is a great deal of variety existing in the occupation of a stock trader. Some professionals are generalists while others spend careers focusing in one specific area, for example, a precious metals commodities trader. It is imperative for any trader professional seeking new employment opportunities to take the time to examine sample trader resumes online which be able to demonstrate how to build a highly effective resume.
How to Write a Trader Resume
Competition is extremely tough in the trader occupation. Stock and commodity brokerage firms rank from casual almost storefront-like organizations to prestigious Wall Street firms having held seats at exchanges for more than 150 years. Therefore, constructing a professionally prepared trader resume means highlighting an applicant’s specialized skills and accomplishments in order to gain quick notice when submitting to any firm seeking successful traders. Furthermore, trading is about making money. It is important to list an applicant’s present and previous accomplishments that have produced profitable portfolios for clientele.
While relevant work experience is always a plus, especially detailing a history of growing responsibility and success, information concerning trading participation is more important. The actions taken that have produced positive results for clients represented should be highlighted prominently to grab an employer’s attention quickly. The general format for a resume after personal details is summary, work experience, education, certificates/licenses held, memberships and lastly, additional skills such as language or computer systems.
Trader Job Description
The general duties of a trader are the direct buying and selling of stocks and commodities. This can be accomplished either through taking buy and sell client orders or conducting this activity on the behalf of a client without specific direction. This is typically called ‘portfolio management.’ A Trader is also tasked with the chore for staying acutely aware of all exchange activity that has direct impact upon market process in order to execute profitable trades. A floor trader is a specialist that sees to the fair trading of a particular stock and executes buying when there is low demand and selling when that demand is high.
The average annual salary for mid-career trader working in the New York Metropolitan area is $136,000. Individuals beginning a career as entry-level sales agents can expect and average annual salary of about $48,000 to start. However, the very nature of the business is based upon earning sales commissions that compensates professionals generously when their work profits a successful and highly regarded brokerage firm. Some traders make millions in annual compensation packages when they are responsible for multimillion dollar producing portfolios.
The recent downturn in worldwide economies has eliminated many positions within thus employment sector. Therefore, competition for available openings leads the hiring managers for brokerages in a position for being extremely selective. An individual needs the power of a professionally-produced trader resume to gain an advantage when vying for an available and highly lucrative trader position.