Is it okay to ask traders for investment advice?
Through networking, Ive developed some contacts at BB firms in the S&T division. If I have a conversation with them, are they allowed to give me investment advice? Could they be held liable?
Through networking, Ive developed some contacts at BB firms in the S&T division. If I have a conversation with them, are they allowed to give me investment advice? Could they be held liable?
| +14 | Natural Gas Analyst Path to Trader | 3 | 4d |
| +9 | looking for advice | 1 | 1d |
| +6 | JPM Quant/Trading Base Salary in London? | 1 | 1d |
| +6 | EM Resources / Study Material | 1 | 4d |
| +6 | Exiting Sell Side FI Trading | 1 | 6d |
| +6 | S&T Outlook and Pivot from Buy Side | 2 | 5d |
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Rule # 1: Never follow anyone else's investment advice.
I'm sure they understand their compliance regulations and will know what they can/can't tell you.
if they have their series 7 then yes
How useful would it be, a lot of trading is short term, with positions held for minutes or hours based on technicals. Investing is a long term proposition, you might hold stock for years or decades. What most traders do would match up poorly with an investors interests.
How useful would it be, a lot of trading is short term, with positions held for minutes or hours based on technicals. Investing is a long term proposition, you might hold stock for years or decades. What most traders do would match up poorly with an investors interests.
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