Equity Trader

Also called: Stock Trader

Buys and sells stocks for a bank or fund, trying to get the best prices on huge orders.

A day in the life

You're at your desk by 6:30 a.m. with six screens, read overnight news, and when the market opens you're executing a client's order to buy 2 million shares without pushing the price up. Lunch is eaten at your desk.

Pay over a career

Starting
$120k
Typical
$200k
High
$500k

BLS lumps traders into securities sales agents (median ~$78k), which badly understates trading pay. Typical figures shown are salary plus bonus; bonuses depend on profits and can swing from zero to many times salary.

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

Training

Bachelor's degree (4-year), about 4 years after high school. Bachelor's in finance, economics, math or engineering; FINRA licenses.

Ways in: 4-year college, Certification. Training cost: $15k – $60k.

Majors to look at: Finance, Economics, Mathematics.

Outlook

Growing about average (about 3% over 10 years). Electronic trading has cut the number of human traders.

Will it last? Our AI estimate

High risk for 10 years. Algorithms already route most stock orders; desks keep shrinking, leaving a few humans for huge block trades and risk calls.

Start now, in high school

Classes: AP Statistics, AP Calculus, AP Macroeconomics.

Official data: O*NET occupation 41-3031.

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.