Sunday, July 29, 2012

The Necessity of a Personal Trading Account


Many of the asset management firms you interview with will look for equity research analyst candidates that eat, drink and breathe stocks.  They often expect you will have a personal trading account (also referred to as a PA) to talk about in interviews.  If you don’t have a PA, now would be the time to start one.  If you don’t have the funds for a personal account, you should have a “paper” portfolio of stocks on Yahoo Finance (or a similar site) that you use to trade/invest and can talk about in your interviews.  Be prepared to talk about what stocks are in your portfolio, why they are in your portfolio, what would cause you to get out of one of the positions, et cetera.

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