Are stocks basically gambling?

Investing in the stock market is not gambling. Equating the stock market to gambling is a myth that is simply not true. Both involve risk, and each looks to maximize profit, but investing is not gambling.

Is it possible to make living trading stocks?

Yes, it’s entirely possible to make a living trading stocks in the stock market. However, you should have some money saved to live on, as you probably won’t be making money for a few first months.

How to become a stock trader?

Earn a degree. Earning a degree in a field such as finance or accounting can give you valuable skills to use within the stock trading field.

Complete an internship. If you are in college and want to become a stock trader,you should consider participating in an internship.

Decide what you want to do. There are many different jobs within the stock trading field and there are different training and licenses based on what you want to

Take the appropriate exams for your path. There are certain license and exam requirements you will need to fulfill before becoming a stock trader.

Create a resume. Create a great resume that will get you noticed when you apply for positions.

Search for open positions. Start your career search on online job boards. Most allow you to refine your search by city and state.

Prepare for your interview. When a potential employer feels your skills and experience match what they’re looking for,they will contact you for an interview.

Gain additional experience and licenses as a stock trader. Remember to take advantage of lifelong learning opportunities to maximize your growth potential.

Can I make living trading options?

To make a living from trading binary options, it is advisable to choose a broker with a proper trading platform. A good trading platform makes it much easier to make money from the trade of binary options thereby making it much easier to make a living from it.

How much can you make as a day trader?

If you are an average day trader getting an annual return of 20\%, it translates into an annual salary of $20,000 to $50,000. If you are an above average trader who gets returns of 50\% every year, it translates into a salary of $50,000 to $125,000.