The ease with which you can start trading (just open a trading account and hit the buy” button) in no way implies that becoming a successful and profitable trader is easy. You start to depend on assumptions of progress in certain areas, or of things outside your control coming together by specific dates. You can use the SBA’s database to search for licensing requirements by state and business type. Be sure to check with your local small business administration to see what your business requires.
As part of your overall plan, you’ll need to select a location, decide on a business structure, and obtain the necessary licenses and permits. If you want to become a part-time or full-time trader, it’s important that you take the time to research and plan your trading business; these are essential steps in your overall success as a trader.
It should be down to specifics …