Internet Millionaire
Can I become a millionaire trading CFDs? Or do i stand a better chance opening an internet business (I’m 19)?
What has the better chance of success? becoming a millionnaire trading CFDs (contracts for difference) or via options or starting out an internet business?
Trading options, CFDS, futures, spread betting or any short term trading for that matter is inherently risky. Additionally CFDs and options are geared products which means that you only need to deposit a small amount of the position outlay – this can potentially multiply profits but also losses. Trying to play with a small amount and using gearing at its maximum level is like playing russian roulette. Having said that with prudent trading it is very well possible to make a good income from stock market trading (I’m successful myself)
Becoming a millionaire by starting an internet company is also not without its risks – the internet marketplace is today very crowded/competitive. If you work hard and persist you may make a living from it after a couple of years but becoming a multi-millionaire is not so easy unless you invent the next facebook or twitter 
Your best bet at 18 is probably to get a good education which will provide you with a solid foundation to build on in future…
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