Is Age is a factor in FOREX Trading?

[ketan]

its not about age brother, its more of experience rather than age, older player seem trade better not because they are old, but because of their wealthy experience that they gain over they years when they were newbies like most of us

[vikas]

no I did not hesitate at all to make a profit from this business because this business is not berdasrkan no age and no discrimination at all

yea its true , we always put SL after our analysis and if we put it big distant then also have to keep in mind of money managemnt and if your money management is good then it will not be so big distant i think. and think everyone should put tp and sl after good discussion of ourselves.

[vikas]

with SL we become increasingly easier to cover the losses.
if it was not done, just maybe our loss will be huge, and very difficult to restore the account.

exactly correct . i also think there is no big factor of age in forex but the most important factor is how much time we spend in forex and how much experience is because no doubt experience is key of success and when we live more and more in forex our experience level grow and give more chance to learning then more chance to become successful.

[vikas]

its not about age brother, its more of experience rather than age, older player seem trade better not because they are old, but because of their wealthy experience that they gain over they years when they were newbies like most of us

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.

[netra]

waise forex me ane ki liye age ki koi baat nehi. par ek accha trader hone ke liye ek chote se baccha thik nehi. pehle usko school complete karna chahie. phir uske baad forex. ku ki sabhi forex me no1 nehi he. to ye baat dhyan me rakh kar age bar na chahiye.

yes, anyone can trade, but there a factor in age but i think is small not to big.
what is the mean of 'berdasrkan' ? whether its a term about forex?

[netra]

yeah, iam also just 18 years old. i have known about forex since iam 15 years old.
many mistake and many experience. i think all its a process

[netra]

can childern trading forex... haha lol. just kidding. certainly experience very usefull in this business. experince is the best learning for us, moreover when we do trade from young , we do not wait until old to be sucessfull trader, if we are focus.

[netra]

of course like that. so you must confident in the forex business, and not make a initial deposit with your full money. i think you should make deposit 10% from your pocket money

[aniket]

You are normally required to be of accountable age before you are allowed to make financial investment decisions on your own. Minors (individuals under the age of 18) are required to make such investment decisions under the supervision of their parents or guardians.
I am aware that this is the case in the United States. I don't know about other places.

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.

[aniket]

I really think the age factor also affects our trading, when traders are aged 25 or older then the trader is ripe with emotion and psychology better.

yes even i think that age is not a factor in forex coz even someone who is 15 can join this trade, yes it is the rule that abides us, but even a smart and desciplined 15 year old along with some adult guidance can get into forex and be good, and also same goes for an senior citizen who can sit back and trade for some time to make little profit's at time's.