I am MBA fin, BSC physics, 30yrs old woman, with 2yrs of exp in financial trading with Geojit. Dont want to continue in trading. Please suggest options (2024)

FAQs

What is the best degree for a financial trader? ›

What Degree Focus Is Most Relevant? Bachelor's and master's degrees that are useful to aspiring stock traders include those with a focus on finance, mathematics, economics, business, financial engineering, computer science and statistics.

These traders come from a range of backgrounds and can hold any number of degrees. Professional day traders, on the other hand, are employed by firms and trade using their money. Degrees in finance, computer science, and statistics are highly valued by these employers.

You usually need to be at least 18 years old to participate in the stock market. However, there are some ways around that. Adults can open a custodial account with a brokerage on behalf of a child and then, in the role of custodian, invest in the stock market for them, with or without the teenager's input.

Common degrees sought by traders include business administration and finance, investment management, economics, statistics, computer science, data analytics and applied mathematics. Skills traders benefit from include communication, strategic planning, technical, critical thinking and adaptability skills.

in almost any quantitative discipline, such as mathematics, statistics, finance, or economics, can prove to be extremely useful for forex traders.

Ideally, a prospective stock broker will earn a bachelor's degree in business or a finance-related discipline such as accounting, economics, finance, business administration, marketing, management, or a similar degree.

Many trade workers start out as apprentices or journeymen and eventually move up into management positions. Many employers are looking for older workers because they tend to have more experience and stability. So, if you're over the age of 40, don't think that you're too old to enter the skilled trades.

If you're unhappy with your current job, it's never too late to train for a new career. A trade school program can lead the way.

Can you become a trader in your 30s? ›

Absolutely. In fact, a good fraction of quantitative analysts, traders and developers make the change to finance only in their late twenties or early-to-mid thirties. In this article I'm going to talk about how you can achieve the same thing.

Key Takeaways. Trading is often viewed as a high barrier-to-entry profession, but as long as you have both ambition and patience, you can trade for a living (even with little to no money). Trading can become a full-time career opportunity, a part-time opportunity, or just a way to generate supplemental income.

Many people put in multiple years before breaking into consistent (or even any) profitability. It takes at least a year to consistently make money from day trading or swing trading, if working at it full-time or with a mentor, and only working one (maybe two) strategies. Six months is the quickest; most take longer.

Education. A bachelor's degree is a basic requirement if you want to work for a reputable financial institution or company. Most traders or brokers have degrees in math like accounting, finance, banking, economics or business.

Becoming a trader may require a background in math, engineering, or hard science, rather than just finance or business, depending on the type of trading. Traders need research and analytical skills to monitor broad economic factors and day-to-day chart patterns that impact financial markets.

The defining feature of day trading is that traders do not hold positions overnight; instead, they seek to profit from short-term price movements occurring during the trading session.It can be considered one of the most profitable trading methods available to investors.