Is Age is a factor in FOREX Trading?

[dragon]

Forex trading can be learned by anyone and that's a fact - but despite this 95% of traders lose all their money.

but you must have at least 18 years to be a good trader.

Actually, it's not always person who is older than other person can be better in analysis but there is rule that person who is above
18 years old to join forex, that rule is made for advantages of traders too. Age won't always determine good or bad trader but if you're
older so generally you will be wiser and you can prepare better risk management. It's from statistic.

[asingh601]

forex ke niyam ke anusar age jo hai wo 16 se upor honi chahiye aur iske agee age ki koi sima nahi aap chahe koi bhi profession me ho ya retired person hon koi farak nahin padta bas aapme forex ko sikhne ki lagan honi chahiye.

[shinde]

A trader who is in sound health and mental condition and has understanding about the markets can trade in this market as there is no maximum limit for age but there is minimum limit that is defined which is 18 years of age.

[shinde]

A school boy can not trade in forex as there is a limit to the minimum age for trading in forex.A trader should be minimum 18 years of age before he can trade.

[lax]

Apart from good knowledge and sound mind a trader needs to be patient and relaxed and also disciplined.Although there is minimum age limit set for trading which is 18 years.

[shinde]

Age is a factor in forex trading. When you have to verify your identity to any broker you have to provide proof in the form of ID card copy, which is mostly possible only if you are above 18 years old. And secondly if you are too young, you won't be able to control you emotions as well.

[shinde]

ji age aik factor ho sakta hay, agr koi kam omer ka trader ho to wo apnaay emotions ko control kerna mushkil samjhay ga banisbat koi bari omer kay trader kay. phir her broker may name and address verification bhi kerni perti hay jis kay liay drivers licence ya kisi bill ki zarorat bhi perti hay jo kay lazmi baat hay above 18 kay liay hi mumkin ho ga kay wo ye proof day sakay so I think that age is a factor in forex trading.

[lax]

i dont want to speculate that what might be happening. I was when be going to the trading room and in my trading the market that i understood that there are so many traders in the market,both old middle aged and even young,i have euen seen an 8yr old boy trading and explainning the technical levels of a trading institute. Age is not an issue. If you can understand,you can trade. Its only picking the mouse and clicking buy.

[Phenom II X6]

I think age can be a fact in forex trading . forex trading does not have any age limit. we need a good trading brain to trade forex but must not our age. A lots of knowledge and learning is require for profit making in forex market. we must have skill.

A god trading brain and a sound mind is the first and foremost requirement for a trader but there is a minimum age limit which is set for forex trading and a trader needs to be 18 years of age minimum.

[Phenom II X6]

In trading age is not necessary but the knowledge of it is very necessary so that we can learn lots and will be successful in trading....so for learning there is no age limit.....we must have interest in learning

I still believe that age is not a fact so age does not affect in forex trading. Any adult can start his or her business and it is best suitable for students who want to earn their pocket money by spending little time.