Is Age is a factor in FOREX Trading?

[prajurit]

Age will not be a big factor to trade in Forex. Even an eighty year old can trade if he have the techniques and understanding of the market. And i believe there are many traders who are more than 50 also. I dont think so .I think good knowledge hard practice with reasonable investment is enough to trade forex. Some youngsters trade forex and earn money but some Mid age People trade forex without knowledge Gain only Losses

[salikin]

Age and mental development are connected to each other. Forex trading deals with learning and since it is complex learning, we will need to have a mature mind before we can trade it and understand it. The higher your age, the better you will understand. Age is not at all a problem for this trade as any person of any age can join this trade anytime.All he requires is to do analysis and study and learn about this trade.Age is not a bounding factor for this trade.

[tlagsing]

I think age is a factor because as you grow older, you learn more, and you gain more experience. But I think a kid must not trade in forex. When he becomes an adult, that is the right age, until you can't see anymore because of old age. being elder is not a only way to get the trade properly with controll of emotion's, even a young age guy can follow descipline and emotion controll, it just depends upon your capability to deal with it, to a small window u r right that there is a difference of maturity but not that which can affect trade with the proper knowledge and also understanding.

[syarif]

i dont think that age can be a matter in forex coz when you are a student you can be a part timer in this trade, when you are on job also you can be here as a part timer and also carry on the trade as a full timer dedicated to forex when you are a senior citizen or even if you are a adult person then too you may turn it into ur full time job so age does not matter even when you are a teen ager or a adult only untill you get the trading kno0wledge right.

[serangan]

according to the forex brokerage companies 18 years of age is required to open the account aur jo bhi 18 years complete karaiga usko thoda thoda to forex samajmai aajata hai .. when i started forex trading i was completed my 19 aur abhi mairi age 20 completed on aug 3 2011 . aur jo bhi hoga 20 ya 25 ya 30 . uska dimaag thiik sai forex ko samajpaiga to sach mai forex sub kaliya easy hoga .forex ko samajnakaliya at least 18 hona chahi ai . aisa mai manta huu :-)

[gandiwa]

well these foums give us good enough money so we do not have to depsoit money from our pockets right and as far as age is concerned well if you have to start trading and do trading then you can do it in any age but as fas experiecne is concern more aged you are then you can be more experience so maybe I can expect some aged people be really good traders. umar ka kuch fark nahi hota hai kisi bhi business me, bas fark hota hai to sirf experience ka, koi 20 saal ka bacha agar 2 saal se trading kar raha hai aur koi 50 saal ka aadmi abhi start karta hai to bhi 20 saal ka bacha usjiyar hoga

[happy forex]

i think age factor also influence in our trading. maybe teenagers have a bad emotions, so their always trade with excessive emotions. i just student tried to trade with relaxed without full emotions. yeah but to minimize we must choose the proper stop loss value that is according to our money management.And do not put sl at big distances hoping that the price may return.In that case sl is useful when you lose a big portion of your equity when it hits sl.

[duki]

ya absolutely correct and with money management we need to put TP and SL each of our trade . actually id there is loss in some trade then if we have balance then will try to recover but if there is loss only few trade then all lost . so better to use sl and tp all the time. But i don't agree about age being a factor into this. See the stock market in the 1980s... the people fueling this were born around 1930-1960 and i don't think they were much more cautious than the current generation.

[ubifx]

i think yes i think people shuld nt trade when they are schooling/or when they are in collage....its because you are not matured enough to understand and well when ur studying your parents needs their child to earn a good grade rather den making money and ppl should start to learn trading when they in their 20s because thats the time a human is matured enough to understand

[setia]

Definitive age is a factor specially when you are in Forex trading. If person start this business in early age then he can handle it best and can put more efforts to make it on the other side a old man cannot do the same if he take a start in old age because in start trader have to take a lot of stress and depression that may lead him towards serious problem if one start in old age.....