Would you encourage your kids to learn to trade?

[devis77]

Absolutely not ! It's waaay to risky to count only on Forex. The market is so dynamic and changes happens every minute, so I think a steady career path is more suitable. I trade just with the idea to boost my monthly income a little bit and with the tiny little hope that I would be somewhat successful. It's too hard for most of the people to earn good money at all from Forex, let alone to make a living for a long period.

[alexflemj]

Okay, 100% of all people here would advice their kids to not trade forex, but still want's to keep trading by themselves. Com on guys, don't be greedy and keep the pleasure to yourself, teach your kid now.

[mr.gardner]

I will definitely encourage my kids to learn FOREX once they turn 5 years. Also I will add some discipline by joining them in Karate course.

[lyn.forex]

I think it's good to tell them about it so they have at least knowledge or understanding in case they meet cases like forex trading. But not to the point that I would encourage him joining the trading for a living. It's a great risk. But if they insist, I will guide them and give them as much advise as they want. Best foundation learning from younger age than learning later.

[inggo]

the think that came into my mind is the word kids? how old are we talking about here? like teens maybe? if so then yeah i would encourage them but not force them, maybe try to steer their curiosity (though im not a dad yet) coz i think forex can be a way of living in the future and to learn at an early age with them being really interested is a really great thing, since I started forex in my 20s and i feel i should have done so a lot earlier

[lyn.forex]

Right, any age in specific? for me it took me so long before I found the right platform for me. I have tried a lot of copiers before I found tradecopier dot com. when we talk about kids, i prefer they would know basic of forex as early as teens. who knows, when we show them like demo accounts they get interested. so as early as this time, they are aware of any fears and risks.

[Dominator4fx]

Originally Posted by lyn.forex

Right, any age in specific? for me it took me so long before I found the right platform for me. I have tried a lot of copiers before I found tradecopier dot com. when we talk about kids, i prefer they would know basic of forex as early as teens. who knows, when we show them like demo accounts they get interested. so as early as this time, they are aware of any fears and risks.

Demo accounts enable any one to be able to learn about the currencies so t hat they are able to see what are the different currency pairs and how they are traded.

[lyn.forex]

Originally Posted by Dominator4fx

Demo accounts enable any one to be able to learn about the currencies so t hat they are able to see what are the different currency pairs and how they are traded.

Yes, I agree. The only difference with Demo from Live accounts is you're dealing with virtual money. By this way, children will know the value or importance of not risking real money just to let them [children] know forex trading.

[Alchemist]

I don't have kids, but I'm teaching one of my nephews to trade so I can relate to this.

I can't see any reason not to encourage someone to trade if that's what they want to do. If they are taught properly by an experienced (and profitable) trader, and they have the right mind set, then why not?