Answer:
If you make stock trades for yourself and family only, usually no licensing is required. But if you want to make trades for other investors, licensing is almost always required through the National Association of Securities Dealers (NASD). Interestingly, to be a licensed professional trader through NASD, no formal education requirements exist, but you will need brokerage sponsorship, industry employment and a passing score for at least one long exam. You could be a high school dropout with an aptitude for market conditions that enableyou to be quite successful in this field.