can you make money trading with someone else's money?

"F"

"F"

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one of my friends told me that his older brother (his older brother is very rich) makes a lot of money by trading for other people so I was wondering about what is this job called and how do I become like him.
 
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F said:
one of my friends told me that his older brother (his older brother is very rich) makes a lot of money by trading for other people so I was wondering about what is this job called and how do I become like him.
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Broker, trader. You need a company and a trading license... and of course to know how to trade so you don't lose other people funds.
 
TomTheCat said:
Broker, trader. You need a company and a trading license... and of course to know how to trade so you don't lose other people funds.
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if i'm working alone do i still need a licence? is there is a way to work alone or do i need to work under a company?
 
F said:
if i'm working alone do i still need a licence? is there is a way to work alone or do i need to work under a company?
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If you work alone with your own money, then you don't need any license. You just need to declare your profits, if you make.
 
It's called an investment advisor. But you need to be worthy and smart enough to ask people's money for trade.
They will only hand it to you when you show successful experience and skills to help them grow for a percentage.
 
F said:
one of my friends told me that his older brother (his older brother is very rich) makes a lot of money by trading for other people so I was wondering about what is this job called and how do I become like him.
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give me 50k and ill brb - maybe :D
 
nakamura said:
alternative thread title: "how to get killed by someone"
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sometimes death is a merciful punishment

s
TomTheCat said:
If you work alone with your own money, then you don't need any license. You just need to declare your profits, if you make.
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so as long as i trade for other people I need licence? is there is a legal reason?
 
TheGreyMatter said:
It's called an investment advisor. But you need to be worthy and smart enough to ask people's money for trade.
They will only hand it to you when you show successful experience and skills to help them grow for a percentage.
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do you know where can i read more about becoming an investment advisor or other similar careers?
 
F said:
one of my friends told me that his older brother (his older brother is very rich) makes a lot of money by trading for other people so I was wondering about what is this job called and how do I become like
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You need -
License
Broking account
Huge knowledge
Huge experience
Money management skills
People should trust you
Enough courage to face losses
 
F said:
yeah, better to void telling anyone my name, phone number or address if I ever to do this.
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Not the best way to build trust.

Ask your friend's brother what is involved in your locale so you do not get into deep sneakers.
 
BassTrackerBoats said:
Not the best way to build trust.

Ask your friend's brother what is involved in your locale so you do not get into deep sneakers.
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I don't think that he is going to teach but I will try to ask him for advice and since i know what its called now i think that I might be able to educate myself about it from the internet.
thanks for the advice.
 
Judging by this first post, you should NOT get someone elses' money right now

You're going to burn that bridge like your name's Kosciuszko

Anyhow.

You'd be better off buying a product wholesale , that's hot on eBay and selling it off. A little slower on returns but much better idea than something you can lose it all, at the flip of a switch
 
GNews said:
Judging by this first post, you should NOT get someone elses' money right now

You're going to burn that bridge like your name's Kosciuszko

Anyhow.

You'd be better off buying a product wholesale , that's hot on eBay and selling it off. A little slower on returns but much better idea than something you can lose it all, at the flip of a switch
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i wont do it right away i was just thinking that it might be a good career that i might want to be working in it 5 years from now (if making money online didn't work for me) and i don't plan on taking money from anyone i know when I do it.
 
As far as I know, all the Billionaires made money by trading someone else's money.
 
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