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Discretionary Trader Jobs (NOW HIRING)

Anson McCade

Discretionary Trader

Manhattan, NY · On-site

$200K - $260K/yr

As a Junior Discretionary Trader , you'll work closely with senior traders, receiving hands-on training and mentorship. You'll assist in daily portfolio monitoring, maintenance, and hedging ...

Geneva Trading

Discretionary Trader

Chicago, IL · On-site

$36K - $42K/yr

Experienced Discretionary Futures Trader - Chicago Elevate Your Edge with World-Class Technology Are you a professional futures trader whose growth is being throttled by legacy platforms or slow ...

Anson McCade

Discretionary Trader

Manhattan, NY · On-site

As a Discretionary Trader, you'll work closely with senior traders, receiving hands-on training and mentorship. You'll assist in daily portfolio monitoring, maintenance, and hedging, collaborating ...

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How much do discretionary trader jobs pay per year?

As of Aug 9, 2026, the average yearly pay for discretionary trader in the United States is $64,999.00, according to ZipRecruiter salary data. Most workers in this role earn between $57,500.00 and $72,500.00 per year, depending on experience, location, and employer.

What is a discretionary trader?

A Discretionary Trader is a financial professional who makes trading decisions based on market analysis, experience, and judgment rather than following automated systems or strict algorithms. They typically use technical and fundamental analysis to identify profitable opportunities while managing risk and capital effectively. Discretionary traders often work for hedge funds, proprietary trading firms, or financial institutions, though some operate independently. Their success depends on their ability to interpret market movements, control emotions, and adapt to changing conditions.

What skills and qualifications are needed to be a discretionary trader?

To thrive as a Discretionary Trader, you need a strong understanding of financial markets, risk management principles, and trading strategies, usually backed by a degree in finance, economics, or a related field. Familiarity with trading platforms, analytical software, charting tools, and sometimes relevant certifications like CFA or Series 7 are valuable. Strong decision-making abilities, resilience under pressure, and disciplined self-motivation distinguish top performers in this role. These qualities are vital for effectively navigating volatile markets and making informed, real-time trading decisions that drive profitability.

What does a discretionary trader do?

A typical day for a Discretionary Trader begins with analyzing global market news and economic data to inform potential trade setups. Throughout the trading day, you will monitor multiple financial instruments, execute trades based on your own analysis and strategies, and adjust positions in response to market movements. Collaboration may occur with research analysts or other traders, particularly in larger firms. At the end of the day, reviewing performance, documenting trade rationale, and refining strategies are essential tasks. This dynamic and fast-paced environment requires a high level of focus, adaptability, and the ability to make quick decisions.

How do you become a discretionary trader?

To become a discretionary trader, you typically need a strong understanding of financial markets, trading strategies, and risk management, often gained through education, self-study, or trading courses. Gaining experience by practicing with a demo account and developing decision-making skills is essential, and some traders pursue relevant certifications such as the Series 7 or Series 63 if working within regulated environments.
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What cities are hiring for Discretionary Trader jobs? Cities with the most Discretionary Trader job openings:
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What states have the most Discretionary Trader jobs? States with the most job openings for Discretionary Trader jobs include:
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Discretionary Trader jobs near you
Infographic showing various Discretionary Trader job openings in the United States as of August 2026, with employment types broken down into 93% Full Time, and 7% Part Time. Highlights an 90% Physical, 5% Hybrid, and 5% Remote job distribution, with an average salary of $64,999 per year, or $31.2 per hour.

Discretionary Trader

Anson McCade

Manhattan, NY • On-site

$200K - $260K/yr

Full-time

Re-posted 6 days ago

Job description

$200,000 - 260,000 USD
Onsite WORKING
Location: New York, New York - United States Type: Permanent
About role:
As a Junior Discretionary Trader, you'll work closely with senior traders, receiving hands-on training and mentorship. You'll assist in daily portfolio monitoring, maintenance, and hedging, collaborating with quantitative researchers to enhance trading strategies across a range of Asset classes.
Responsibilities as a Junior discretionary Trader:
  • Support senior traders in tracking and adjusting portfolio positions daily
  • Collaborate with researchers to identify and evaluate trading opportunities
  • Prepare reports on profit and loss as well as risk exposure
  • Assist in hedging strategies and execute trades that require careful handling
Qualifications needed for Junior Discretionary Trader:
  • Recent or soon-to-be graduate with relevant coursework or experience
  • Bachelor's degree in a quantitative field (e.g., Mathematics, Statistics, Engineering, CS, Economics, Finance)
  • Strong programming skills, preferably Python
  • Excellent communication and teamwork abilities
  • Ability to thrive in a fast-paced environment

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