Is being a trader a good career?

Question

Zippia Team · Accepted Answer

Yes, being a trader is a good career. Working as a trader is a very lucrative career for those who are successful at it -- however, only about 10% of those who try trading end up making a decent profit.

As long as you have both ambition and patience, you can trade for a living (even with little as $5,000 to start). It will take about one to two years of working "full time" as a trader. This means practicing trading and researching strategy eight to 12 hours a day, five to six hours a week. Once you learn the trade, you can begin to earn good money.

Working as a trader has many perks, including a flexible schedule, being your own boss, and having opportunities to continue learning. For those who are successful at trading, there is good money to be made. Once you master your trade, however, you can make what would normally take someone 40 hours of a workweek to make in just one trade.