Is it possible to make a £25,000/year salary by holding long stock positions on stocks trading options?
When I turn aged 18 I want to get into the idea of trading stocks using options and their many different strategies. I have read books on the subject and I am beginning to understand them a lot better. I was just wondering if it is possible to hold a long stock position and make a quick, say within 1 month, £25,000 salary as this is what I'd like to have for as a living to last 1 year? Please give a reasonable, easy to understand answer.
Public Comments
- If this was possible and easy then everyone would do it and the economy would never be in the current condition that it is. If you want to make a considerable return, then you are required to take on a high amount of risk. The only way to make 25k in a month investing in the market would be to invest tons of money, and be extremely knowledgeable about what you are doing. So to answer your question, no.
- With enough knowledge, skill, experience and money it is possible to make a £25,000/year. If you lack enough of any of those, it is not possible.
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