Can I open my own practice with a Master Degree in Psychology

Can I open my own practice with a Master Degree in Psychology?
I am majoring in Psychology, but was wondering if I can open my own practice with a Master Degree?
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In most states, you can open your own practice after you have become licensed. This typically involves a master's degree, passing the NCE, and 1-3 years (this varies by state) of post-master's degree supervised experience. ~Dr. B.~