Can you became a millionaire by trading options and how likely is it, compared to stocks, forex, etc.?
Also I know the markets in a slump right now and will probably drop a lot lower, but I want to know for the future.
you can become a millionaire by trading options if you start as a billionaire.
it is very easy to lose money.
anyone can do it.
you can become a millionaire by trading options if you start as a billionaire.
it is very easy to lose money.
anyone can do it.
References :
nil
trading options – negative nil
References :
The possibility of becoming a millionaire from doing anything that makes money is there. However, the only factor that determines whether YOU can be a millionaire from trading options are;
1, Are you lucky enough? No matter what anyone says, Luck is important in the capital market. If you are unlucky, the government bonds you buy could even go into default.
2. Are you knowledgable enough? Options trading requires extensive knowledge in options and its hundreds of strategies. The more you know and the more flexible you are in applying them, the higher your chances will be.
References :
http://www.optiontradingpedia.com
You need a lot of money invest in your account, and know how to trade. It’s very difficult, but it’s possible.
References :
http://www.fxsuperb.com/