Can You Really Make A Living Trading Stocks?
Q: Is this possible?...could someone potentially make a living trading stocks at home all day?
A:
The reports that the IRS compels me to file with them admit under
penalty of perjury, that I have, in fact, been doing exactly that
for many years now. The worst of it is, along with admitting to that,
they also demand that I send money to them for me having done
so. Not only that, they require that I blow away days of my life
every fis
of one of their fiscal quarters, figuring out how much money I am
required to send to them at that time, along with the annual filing
requirement. Face it newbie jjeret, even if you "can" do it there
are penalties against you for having done so.
The original inquirer's question was "could someone potentially
make a living trading stocks at home all day?" He didn't SAY
day trading, nor did I respond about day trading since my own
trading horizon is typically 3-5 years, not months, not days, not
minutes, but YEARS. I work at it all day every business day plus
a few hours every evening plus five to ten hours every weekend.
My office is in my home. Therefore I qualify as a person who
makes "a living trading stocks at home all day".
Now perhaps if he MEANT day trading or other forms of ultra
short term trading suitable only for those with the attention spans
of gnats, he can modify his question accordingly to bring in those
who do have the attention spans of gnats, but as stated, I'm one
of us who does it, by the means detailed in the referenced URL.