The Rise of Women Entrepreneurs in Trading
Trading is a strong trend among women! Today – more than ever – women are actively trading stocks, CFDs, forex, and so on. And among them, women entrepreneurs – including mompreneurs – are one of the most prominent career paths when it comes to trading.
Churning stats of female traders in the UK, City Index Ltd. – one of UK’s top trading platforms, shows you that the trend is pretty prominent. Check this out: There are 14 times more women who opened trading accounts in 2011 compared to 2001.
How much do female traders are making, exactly? Well, hold your breath: City Index’ top 20 female traders are making more than GBP 270,000 annually; yes, in profit. And if you are wondering who the top female trader so far is, you’d be happy to know that she is a 51 years old women living in Windsor and Maidenhead, UK. Her total trading profit? Just a wee bit over GBP 1,2 million. Wow.
With regard to the female traders’ occupations, the top three are: Directors, Managers and Business Owners. So, there you go – women entrepreneurs are investing actively in the market. Self-employed traders are also prominent in the market, ranked #9 among all occupations.
And you know what interesting? Well, if you think that you don’t understand trading and don’t want to trade because you don’t have enough experience or business/finance background, you might want to know that one of the top 15 occupations is housewives (#12 out of 15.)
Your colleague’s mom might be one of the best female traders, you know!
If you are interested in more interesting facts, City Index has released an infographic to recap the stats – here it is:
Just like in entrepreneurship, women are doing well in trading.
If you are a small business owner who want to plunge yourself into trading, you can start by looking for the right trading platforms. They are typically offering you useful resources to get started into trading.
There are trading practice accounts available from top trading platforms. You can hone your trading skills as much as you want. There are also trading communities in which you can share your trading experience and get tips/advice from fellow members.
Be warned, trading involves a certain degree of risks, depending on the trading products you choose. This means that you can lose money trading forex, CFDs, etc. Well-equip yourself with the necessary knowledge; better yet, find a mentor who can guide you.
Good luck in becoming a savvy female trader!