Yes! Whether it’s a regular account or an account for the sole purpose of trading, you will usually make at least $1,000 per year from your trading account. (You should also be making at least a little bit of money from this work at all times, as you’ll need it to live, but you can also spend it on whatever else you like.)
Can I start trading shares of companies with my friends?
Yes, and the trading is free. If you are part of the community of trading professionals that are online, you simply need a trading account to connect with other traders and make trades.
Can I trade stocks without a broker or an investment banker?
Generally, yes. Brokers allow all stocks in your account to be traded, including those that will not have a price set by a broker. However, certain financial institutions may require that you have some experience or skills to trade and that it is likely that your account is limited by your bank account.
Can I make money as a trader?
There are a number of ways to earn money as a trader. First of all, your trades will be recorded immediately in your Trading Account, which then allows you to deposit cash into your account to make your trades. Also, you may sell shares for cash. These can be as high as 40%, and it’s quite possible that you’ll make more money than you put into stocks. (For a great example of the rewards available as a trader, here is a video interview with the founder of an online money-management startup.)
Second, most financial institutions now allow the purchase or sale of a specific type of portfolio—stocks, bonds, or mutual funds—for a cash fee. This enables traders to take positions in these assets without making any kind of capital gains or losses. You can also cash out your holdings at any time. Also, all major banks now accept payment in Bitcoin; many also accept Master-Trade accounts, which allow instant deposits via the Internet.
If you look for a specific type of account that will allow you to make money trading stocks, look for one that will allow the purchase or sale of that asset. For example, if you want to start trading mutual funds, you need to find an advisor who will sell you the assets you need. If you are a stock trader, and you want to take money out of your trading account, you’ll have a number of options.
What are my risks?