What is a day trader and how to become one

Updated January 8, 2025
2 min read
There is more than meets the eye when it comes to being a day trader. For example, did you know that they make an average of $56.2 an hour? That's $116,895 a year! Between 2018 and 2028, the career is expected to grow 10% and produce 47,700 job opportunities across the U.S.
ScoreDay TraderUS Average
Salary
8.0

Avg. Salary $116,895

Avg. Salary $59,228

Stability Level
9.5

Growth Rate 10%

Growth Rate 0.3%

Diversity
6.1
Race

American Indian and Alaska Native 0.21%

Asian 12.40%

Black or African American 5.52%

Hispanic or Latino 11.49%

Unknown 4.12%

White 66.26%

Gender

female 9.54%

male 90.46%

Age - 43
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 43
Stress Level
9.5

Stress level is very high

7.1 - high

Complexity Level
10.0

Complexity Level is advanced

7 - challenging

Work Life Balance
3.5

Work Life balance is poor

6.4 - fair

Day Trader career paths

Key steps to become a day trader

  1. Explore day trader education requirements

    Most common day trader degrees

    Bachelor's

    67.5 %

    Associate

    13.4 %

    Master's

    9.9 %
  2. Start to develop specific day trader skills

    Skills
    ascdesc
    Percentages
    ascdesc
    Technical Analysis14.74%
    Equities9.82%
    Market Trends6.02%
    Fundamental Analysis5.79%
    Global Financial Markets5.67%
  3. Research day trader duties and responsibilities

    • Day-Trade stocks on the NASDAQ and NYSE, and achieve positive returns through an analysis of trends base on moving averages.
    • Manage business, sales, marketing, international negotiation and communication for a commodities business.
    • Trade equities and derivatives for long term investment and short term trading purposes while utilizing proper risk management
    • Engage in market speculation of various commodities, rapid scalping of mini futures contracts & ETF's.
  4. Prepare your day trader resume

    When your background is strong enough, you can start writing your day trader resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a day trader resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose From 10+ Customizable Day Trader Resume templates

    Build a professional Day Trader resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your Day Trader resume.
    Day Trader Resume
    Day Trader Resume
    Day Trader Resume
    Day Trader Resume
    Day Trader Resume
    Day Trader Resume
    Day Trader Resume
    Day Trader Resume
    Day Trader Resume
  5. Apply for day trader jobs

    Now it's time to start searching for a day trader job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How Did You Land Your First Day Trader Job

Zippi

Are you a Day Trader?

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Average day trader salary

The average Day Trader salary in the United States is $116,895 per year or $56 per hour. Day trader salaries range between $68,000 and $198,000 per year.

Average Day Trader Salary
$116,895 Yearly
$56.20 hourly

What Am I Worth?

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How do day traders rate their job?

5/5

Out of 1 Day Trader reviews, 100% were positive.

5 Stars

4 Stars

3 Stars

2 Stars

1 Star

Based On 1 Ratings

Career Growth
3.0
Pay / Salary
4.0
Work/Life Balance
5.0
Overall Rating
5.0

Day Trader reviews

profile
5.0
A zippia user wrote a review on Jul 2023
Pros

Flexible job to do other things during the day

Cons

You have to be careful or you could lose money


profile
A zippia user wrote a review on May 2019
Cons

I am not sure yet.


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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.