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Old 24th September 2011, 14:26
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Default Would you encourage your kids to learn to trade?

As a successful web designer, I'll do my best for my kid to find out about this and get all the support he/she will need if this job would suit them. Would you also encourage your kids to learn to trade? Are they already learning?
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Old 24th September 2011, 20:56
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I'd encourage learning about Forex and financial trading in general, but I wouldn't encourage my kids to actually do it for living because it's a very risky activity, in my opinion.
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Old 26th September 2011, 18:55
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Anything that can help my children learn to use problem solving and complex thinking I encourage. This is no different from a complex math problem or a game of chess except that it never ends. It is a constant source for knowledge, and as cliched as it sounds, knowledge is power.
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Old 1st October 2011, 09:59
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Quote:
Originally Posted by dojo View Post
As a successful web designer, I'll do my best for my kid to find out about this and get all the support he/she will need if this job would suit them. Would you also encourage your kids to learn to trade? Are they already learning?
At 100% i say no, because i know how big stress comes from trading at the beginings and some bad days. I would advice you let the kid grow in their world, once they will be at age 18+ they can start with trading
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Old 6th October 2011, 02:35
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I wouldn't allow them to actually trade either, however, I would teach them about it once I myself am more familiar with it.

I might let them get involved in those virtual simulators though as they serve as a fun and safe way of experimenting without any actual risk as I wouldn't want them getting stressed over it at an early age which would do more harm than good as someone else pointed out.
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Old 8th December 2011, 12:23
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Trading in the forex market can be simpler, earlier and profitable for the traders; however, some steps should always be followed to get sure benefits in the forex market with secure trading. After all, every one enters into any kind of investment with expecting a certain sort of returns. The prosperous and risk free trading in the forex market remains the dream of every investor, especially for the forex beginner who is not at all sure of what he or she is performing. So, yes of course.
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Old 8th December 2011, 18:34
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I already have my oldest interested in trading, and I am teaching him a little at a time.. it does make it hard when Im sitting there watching, thinking and planning.. and hes sitting there asking questions.. but I think in the end, he will be 10x the trader man, and person that I will ever be..

so I would say yes, introduce them, take the time to teach them.. but let them learn and make their own decision...
most importantly, let them trade with their own money..
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Old 9th December 2011, 03:42
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hey Mouhamed here I don't have any kids yet but i will definitely start training my kids at a early age how to trade Forex. This is a good way to learn how to earn on your own and you don't have to deal with the unpleasant people at the job and you make more money.
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Old 10th December 2011, 09:47
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I would not encourage my kids to learn forex trade. If they choose it as a profession by self wish then I can assist.
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Old 11th December 2011, 18:54
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No, I would not. That may seem weird seeing how I am into Fx, but it is for that very reason I would not encourage them to go for it. I know how stressful it can be and the idea of being tied down to a pc, just so you can be ready to cash in on movements is not what I would want for them.
The kicker - kids rarely listen to parents, I did not and don't think mine are gonna listen to me either..that sums it up!
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