Independent Day Trader

Also called: Retail Trader

Trades stocks, options or futures with their own money, trying to profit from short-term price moves.

A day in the life

You wake early, scan news and charts, make a dozen trades in the first two hours and track every win and loss in a journal.

Pay over a career

Starting
$0k
Typical
$20k
High
$200k

Most retail day traders lose money over time; studies suggest only a small fraction earn a steady living. Not a reliable paycheck.

Approximate: anchored on Bureau of Labor Statistics data for a broader job group.

Training

No formal education, about 0 years after high school. No degree required; self-taught.

Ways in: Self-taught. Training cost: Under $15k.

Outlook

Growing about average. Not tracked by BLS.

Will it last? Our AI estimate

High risk for 10 years. Retail traders compete with AI-driven firms; most lose money, and AI tools help the pros more than individuals.

Start now, in high school

Classes: AP Statistics, Personal finance class.

More Trading & Markets careers

Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.