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Stocks & Commodities V. 24:3 (98): Futures For You by Dan O誰eil

Stocks & Commodities V. 24:3 (98): Futures For You by Dan O誰eil

INSIDE THE FUTURES WORLD

Want to learn how the futures markets really work? Dan O誰eil, a principal at online futures and forex broker XPRESSTRADE (www.xpresstrade.com), responds to your questions about today痴 futures markets. To submit a question, post your question to our website at http://Message-Boards.Traders.com. Answers will be posted there, and selected questions will appear in a future issue of S&C.

BECOMING A FUTURES BROKER

Is this a good time to become a futures/ forex broker? This is for a person who making a career change. Do brokers at a firm like yours spend most of their time trading or selling?

Great question, and you値l likely be surprised by my answer. If a family member or close personal acquaintance were to ask my opinion about starting a new career as a traditional futures broker, I壇 probably counsel them against it. Is now a great time to consider a career in the futures and forex industry? Absolutely! But as a commission-based broker or salesman? I知 not so sure.


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