Is it Possible to Make a Living Trading Stocks?

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Is it possible to make a living trading stocks? PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Pete, also known as WheelieDealer, a long-term trader and investor comments. How much capital is needed to survive and prosper trading the stock market? How much capital is a realistic start amount? Do you know traders who do this for a living? I'm quite lucky because my rent is very cheap; I have a disability so I don't spend that much money as I don't travel that much. I reckon that for a 'normal person' you need something like 250k to make a decent living from trading stocks. If you're spending 20k as living expences you need to make at least 25k to keep growing your capital and allow for inflation. Some people think that getting into trading or investing in stocks is a quick way to riches but from the interviews I've done with traders that certainly seems a myth. One of the big problems people have is unrealistic expectations. Once you start burning your capital you're in trouble. Some people like to trade on exciting companies like oil and mining ones...

[ukspreadbetting]

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[wongcheukkwan]

My experience is that an initial amount of USD 400, 000 is preferable to start with for full time in the investing. Set an achievable annual target of 7% (3% dividend and 4% growth), which is not too high. Aiming at 10% is still too greedy. Keep the living expenses down as low as possible so as not to reduce the account. In good time during the past decade, the return should be higher than the target. When the capital is double, then it is time to increase the living expenses.

[cwsi]

Caution this guy sounds very unprofessional, £250K think he is just putting you off, you can start with £10K in your ISA and trust me it will build up

[jayangli]

if I had that amount, I wouldn't be putting it into a trading account to trade stocks lol!!

[Fingerstinks]

Meh. Start with 5 to 10k .. you dont 250k if your a smart trader... He's living off his failures. With 250k. More room for losses.smart traders don't need a cushion