http://www.investor-info.biz/internet-marketing-options/
Could I become a millionaire by becoming an Options trader?
I am 17 years old and when I turn aged 18 and I’m legally entitled to deal with money in shares, I might consider becoming an options trader. I want to make exactly £2.5 million for myself to try and have a good life with it. Is this possible if I start with £1,000 trading capital and trade boom markets, i.e. oil, gas, green energy, internet etc, or just be fearful when others are greedy, PUT options and greedy when others are fearful, CALL options. Please give a reasonable answer to earn 5 star best answer.
I live in Chicago where the Chicago Board Options Exchange and the Chicago Board of Trade and the Chicago Mercantile Exchange are located and know some people who have done exactly that. I also know more people who have been wiped out. You need to do a lot more studying. If it were as simple as you describe, everyone would be a millionaire. In highly volatile markets, like oil, being right will make you money faster, but being wrong will wipe you out faster. My neighbor is retired, but he made his money trading dairy products. Not glamorous, but still profitable.
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