Post
Topic
Board Trading Discussion
Re: At what Age will you introduce your child to trading
by
Silberman
on 02/09/2021, 20:44:36 UTC
If we have noticed this generation of children are way wiser than their age and the rate at which the get information is way so amazing. Many of this kids start making money early either through gambling or through other means and lots of them do this because the don't get enough money from their parents.

For me at age 10 my children should understand the market and how it works, interpreting chats and deciding the next move of each coin from studying the price action of different coins. At age 13 the should start trading with a demo account and at age 15 they should have funded their first account. This would help them become financially independent, also help then limit future gambling prowess and also make them prepared for their careers

Funds has been one of the limiting factors many people encountered while pursuing their dreams and ambitions. For me I see it as means where the could comfortably fund their ambitions without much stress and still have enough for fun and recreation.

What do you think?
I think that was so Early age of 10 is to young but that was you're decision and I respect it. For me age of 18 is the best time to teach my child about trading, age of 18 is the best time to teach them because on that age they are on the stage of changing their their self from childhood to adult and they maybe catch up easily the trading lesson that you will teach to them.
At the end of the day each person has to decide what they want to do and what they want to teach to their kids, just as yourself I think teaching kids so young about trading and investing is simply too soon, however that does not mean that you cannot teach them several other good habits that are related that can prepare them to understand trading and investing more easily once you believe they are ready, one of those things is without a doubt saving, the habit of saving is getting more and more rare and without any money saved you cannot trade or invest, so this is critical for a person to eventually learn about those more complex topics.