Understanding the inner workings of the economy’s “Invisible Hand”, is not only interesting, but can yield a lucrative trading career. You may be studying finance, accounting, economics, business, psychology or sociology wondering what career direction to take. Hence, even if you majored in Art, exploring a career in financial trading is well worth considering. One way to get your foot in the door of the financial trading world is to obtain a Level 5 Diploma Certificate.
The Level 5 Diploma is highly accredited throughout the financial industry. Students who choose level 5 diploma in financial trading will be taught a comprehensive understanding of trading techniques through real life examples, theoretical modules and workshops by financial professionals. While it is recommended to be in the financial world prior to taking on the challenge of earning a level 5 diploma, it is not necessary. The courses do not require any previous experience with trading, but as you can imagine people with experience will grasp and be able to apply the concepts much quicker.
Sociology and Psychology majors are highlighted above for no mistake. This part is for all those Sociology and Psychology majors out there who have their parents and everyone around them asking, “what are you going to do with a psychology degree without going for your Doctorate?” Well, honestly, financial trading is a quite compatible option. Simply because, the market moves with human behavior.
Students can expect to learn interesting financial trading techniques that take into account current events. News and political events are the cause of significant market moves. Hence, macroeconomic events are discussed in real time to prove how the financial market shifts accordingly.
In addition to understanding the big picture, you will learn the technical aspects of trading. Students will learn the technical analysis skills to determine leading market indicators. In addition, the technical analysis tools used during the course will explain how you can build profitable trading strategy.
One of the most valuable lessons Level 5 Diploma students will learn is trading psychology.
Do you have the thick skin to stick through the ebbs and flows of market movements? When to buy, when to sell? Again, this is why a Psychology Major would fit in nicely in this world, because they better understand the emotions that can affect a trading decision.
Six Things Level 5 Diploma Certificate Holders Will Be Experts In:
- Developing and applying a trading strategy
- Understanding market indicators and applying them to real time markets
- Understanding the psychology of financial trading
- Understanding how human behavior determine fluctuations in market prices
- Communicating effectively with financial industry professionals
- Evaluating macroeconomic events impact on the world financial market
One of the nicest parts of obtaining a Level 5 Diploma is you can do it from the convenience of your own home. Plus, it is much more economical to obtain than a full Finance Degree from a 4-year university. The knowledge you gain will be sufficient to earn an entry level position as a financial trader or simply give you the foundation to start your own successful venture. If you are already in the financial industry, then completing these courses will put you in a new light with your boss, as your numbers will noticeably improved with the skills you learn. You can even look into being a remote financial trader, opening up yourself to travel and more freedom to do things that matter most to you.
All in all, having a better idea on how the market swings and where the “Invisible Hand” moves the economy enriches your perspective on the world and puts you in a position to make good money. Just make sure to keep your integrity.