Mid-Level

Trader

The person who executes trades in financial markets — equities, bonds, commodities, currencies, or derivatives — managing positions, monitoring market conditions, and making the buy/sell decisions that drive returns or hedge exposures.

Career Level
Junior
Mid
Senior
Director
VP
Executive
Work Personality
E
C
S
R
I
A
Enterprisingleading, persuading
Conventionalorganizing, detail-oriented
Based on Holland Code framework
Job markets for Traders
Employment concentration · ~367 areas
Based on employment in related occupations
Mapped SOC categories:
BLS Occupational Employment Statistics
What it's like

What it's like to be a Trader

Day-to-day tends to start before markets open with research and news review, then shifts to executing orders, monitoring positions throughout the session, and the post-close work of position reconciliation and trade documentation. The work happens in real time — opportunities open and close fast, and judgment calls have to land cleanly.

Coordination tends to happen with portfolio managers, sales desks, compliance officers, and counterparties at other firms. Discipline matters more than instinct over time — the traders who last tend to be those with consistent process and risk management, not those riding hot streaks.

People who tend to thrive here are fast-thinking, comfortable with risk and loss, and disciplined about process. If volatility rattles you or you need predictable rhythms, the role can be brutal — and the always-on nature wears on many over time. If you find satisfaction in reading markets and executing well under pressure, the role can be intellectually intense and well-compensated — though most traders eventually evaluate whether the lifestyle remains sustainable.

AchievementModerate
IndependenceModerate
RelationshipsModerate
Working ConditionsModerate
SupportModerate
RecognitionModerate
O*NET Work Values survey
✦ Editorial — written by Truest from industry research and career patterns
Career Paths

Where this role sits in the broader career landscape — and where it can take you.

$239K$179K$119K$60K$0KLower paying387 metro areas, sorted by salary level
All experience levels1
This level's estimated range
INDUSTRIES PAYING ABOVE AVERAGE
1 BLS OEWS May 2024 covers all Traders (SOC 13-1022.00, 41-3031.00), not just this title · BEA RPP 2023
* Top salaries exceed this figure. BLS caps reported wages at ~$240K to protect individual privacy in high-earning roles.
Also appears in: Sales
Exploring the Trader career path? Truest helps you figure out if it's the right fit — and plan your path forward.
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✦ Editorial — career progression and interview guidance based on industry patterns
The Broader Landscape

Roles like this one sit within a broader occupational category. The numbers below reflect that full landscape — helpful for context, but your specific experience will depend on level, specialty, and where you work.

$47K–$215K
Salary Range
10th – 90th percentile
472K
U.S. Employment
+3.3%
10yr Growth
38K
Annual Openings

How this category is changing

$74K$71K$68K$65K$62K201920202021202220232024$62K$74K
BLS OEWS May 2024 · BLS Employment Projections 2024–2034

Skills & Requirements

NegotiationActive ListeningCritical ThinkingCritical ThinkingPersuasionSpeakingActive ListeningMonitoringJudgment and Decision MakingPersuasion
O*NET OnLine · Bureau of Labor Statistics
13-1022.0041-3031.00

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Federal data: BLS Occupational Employment & Wage Statistics (May 2024) · BLS Employment Projections · O*NET OnLine
Truest editorial: Fit check, role profile, things that vary, advancement analysis, lateral moves, interview questions.