Infographic Category Finance

If The Online Trading Community Were 100 People

By | source:Here Aug 21st, 2017

In today’s digital age, your job is likely going to land you a spot in front of a computer, where you are staring at a screen for the better part of the day.  If you’re lucky maybe your dream job will involve staring at a computer from home.

With the advent of stock market trading via the internet, the computer has literally made making money possible while lounging in your sweatpants.  Ok that makes it sound a bit too easy – there are probably as many people actually sweating rather than lounging, stomaching crazy stock market swings.

My dad was a Ph.D holding scientist who turned to day trading, but his education really meant nothing when it came to the stock market.  The market was ready to skewer him regardless of how many research papers he’d written.  Out of 9.6 million online traders, 37% don’t hold a degree at all.

A huge majority, 90%, are male and most do not make Wolf of Wall Street level money.  A third live in Asia, nowhere near Wall Street.

Don’t have any money to start online trading?  Here are simple tips on saving money.