Search results

To be business, you need customers, and you need to be registered with broker or registered with finra to manage other people's money. if you are just trading own money it's not a business. that is the misconception of people. and you don't make money trading, it's a expensive 'hobby' like 95%...

50% of the people in the US who have jobs have a 401K or retirement account in their brokerage. If you are just trading or managing your own money, it's not a business.