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- 1). Get an undergraduate degree in finance, economics, accounting or business. This will give you a good background for trading stocks and bonds. You can get this degree at a university, local college or even online.
- 2). Start taking courses to get your Chartered Financial Analyst designation. It will take you at least three years to accomplish this. Having a background in financial accounting will help you immensely during your second year of studies, which is widely considered the most difficult year of the program.
- 3). Find a job at a mutual fund or money management firm where you can get in some practical experience. If you can do this while going to school, then you're going to be ahead of the game when you're done.
- 4). Learn how the markets work and know the investment philosophy of your firm. You will need to develop a sixth sense that tells you when it's time to buy or sell securities and integrate that into your disciplined approach to trading.
- 5). Gain tenure at your firm. After you have been trading for at least 20 years, you will be eligible for jobs at top-level fund companies such as American Funds. These companies usually require that their fund managers have at least 20 years of experience before appointment.
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