What is a trader’s salary?

A trader is one who buys and sells commodities likes bonds, stocks and other products. Traders may either be working in an organization or having their own business or doing day trading. Traders deal with a variety of products. A specific trader might deal only in stocks, other might deal in petrol while yet another might deal with cloth! So every trader has his own identity which makes every profession different.

How much a trader earns depends on the product he is dealing with and also whether he is actually earning a profit over that product. What do you expect to earn out of a trading profession? Firstly, you must understand that a trader has no fixed salary or income. An engineer or an employee has a fixed source of income. Whereas a trader’s salary depends upon his work. How his trade functions. Whether it is profitable or no.

For a trader, the term salary won’t be apt; instead the term earning can be used. A trader in the stock markets is totally dependent on flickering stocks. They might either earn huge profits or at times land in a situation that will leave then in a financial turmoil. On an average a stock trader might earn up to $100,000 per year.

Likewise, every trader faces ups and downs in his business. A cloth trader may face the worst days when he isn’t able to deliver his product in the desired quality or isn’t able to deliver his consignment before or on the due date. A trader’s salary is negotiable and he can earn millions if his business clicks. Stock brokers are on tip toes as stocks are highly predictable. At times they soar high while other times they dip so low putting them into debts. Thus a trader’s salary cannot be generalized to a particular amount. It all depends upon the amount of work and how the business thrives!