There is more than meets the eye when it comes to being a stock trader. For example, did you know that they make an average of $56.82 an hour? That's $118,192 a year!
Between 2018 and 2028, the career is expected to grow 4% and produce 18,500 job opportunities across the U.S.
There are certain skills that many stock traders have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, math skills and detail oriented.
When it comes to the most important skills required to be a stock trader, we found that a lot of resumes listed 25.5% of stock traders included stock market, while 11.8% of resumes included financial statements, and 5.1% of resumes included technical analysis. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
If you're interested in becoming a stock trader, one of the first things to consider is how much education you need. We've determined that 59.1% of stock traders have a bachelor's degree. In terms of higher education levels, we found that 17.9% of stock traders have master's degrees. Even though most stock traders have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a stock trader. When we researched the most common majors for a stock trader, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on stock trader resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a stock trader. In fact, many stock trader jobs require experience in a role such as customer service representative. Meanwhile, many stock traders also have previous career experience in roles such as sales representative or internship.
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In addition to switching up your job search, it might prove helpful to look at a career path for your specific job. Now, what's a career path you ask? Well, it's practically a map that shows how you might advance from one job title to another. Our career paths are especially detailed with salary changes. So, for example, if you started out with the role of loan officer you might progress to a role such as account executive eventually. Later on in your career, you could end up with the title operating partner.
|Top Careers Before Stock Trader|
Sales Representative7.8 %
|Top Careers After Stock Trader|
Sales Representative7.6 %
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Hispanic or Latino15.2 %
|Foreign Languages Spoken|
Saint Edward's University7.5 %
DePaul University7.5 %
Strayer University-Virginia5.7 %
University of Colorado at Boulder5.7 %
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 25.5% of stock traders listed stock market on their resume, but soft skills such as analytical skills and math skills are important as well.