Is Age is a factor in FOREX Trading?

[Ali hassan]

brokers have been bringing in cash off money related instruments for quite a while. It has constantly held a fascination for any youngster who needed to manufacture riches. Yet, turning into broker methods meeting certain prerequisites, and age is one of these.

You do need to be a particular age to open a record. In the UK, that age is 18. In different nations, it's as late as 21 years old.

There is some good judgment here. Exchanging is an adult activity, and on the off chance that you commit errors you could be taking a gander at a lifetime of obligation. That sort of duty is best carried by an individual who is a legitimate grown-up.

The advantages of being a youthful forex merchant (18-35)

As a matter of first importance, you should understand that forex exchanging depends upon aptitudes that are particularly 'learnable'. There are a few territories that request the advancement of character characteristics. In any case, the improvement of these qualities may end up being testing.

Simultaneously, youngsters are sure to have an edge in certain parts of forex exchanging. A youngster, for instance, possibly less worried about money related misfortune. Regardless of whether they do lose everything, they have fewer obligations.

They additionally have more opportunity to put things right.

It's additionally a key point that brokers do commit a lot of errors as they become familiar with the art. What's more, committing those errors at a prior age leaves a lot of space for a productive profession later on.

[sachit]

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. with the age we learn many things and an aged person can have so much experience from the life which he can even use in forex as some qualities which a good trader needs that can be found in aged and experience person so yes age can help but again its all about you how long you take to get the results in forex.

हां निश्चित रूप से युवा व्यापारियों और पुराने और अनुभवी व्यापारियों के बीच अंतर का एक नरक है। अनुभवी व्यापारियों के पास एक विशाल अनुभव होता है और वे अपने अनुभव के अनुसार स्थिति को संभाल सकते हैं जबकि युवा व्यापारी आक्रामक होते हैं और उन्हें अपना स्वभाव बार-बार खोने का खतरा होता है। उम्र वह कारक बन जाती है जो हमें भावनात्मक रूप से प्रभावित करती है। मेरा मतलब है कि 20 साल का व्यापारी शायद 50 साल के व्यापारी से ज्यादा आक्रामक है। और अच्छी बात यह है कि हर किसी को व्यापार करने की अनुमति है।

[halim]

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. with the age we learn many things and an aged person can have so much experience from the life which he can even use in forex as some qualities which a good trader needs that can be found in aged and experience person so yes age can help but again its all about you how long you take to get the results in forex.

[fanue]

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. Yes bro I think so. chote umar ke ladke ladkiwo ko parai pe dhyan dena chahiye. taki wo agar forex me failure ho to koi naukri karsake atleast. aur ha unse jyada umar ke log forex ke siksha ko jaldhi samajh payega.

[volatip]

Yes of course there is a hell of difference between the young traders and the old and experienced traders. Experienced traders have a vast experience and they can handle the situation according to their experience whereas the young traders are aggressive and they are prone to lose their temperament time and again. the age is become factor that effect us emotionally. i mean 20 years old trader is probably more aggressive than 50 years old trader. and the good thing everybody is allowed to trade.

[bot parabot]

whatever your statement is it is right but i think Student above 18 years should start trading from that age as they got lot of maturity by that time and they are able to take there decision individually. They should invest very small amount and trade. yea right.i think almost all will get angry on their first loss and it doesnt always mean that young persons will be aggressive.and getting angry is human's nature and controlling it and trading well should be the natrure of a good trader

[aagus]

yes age factor of you life does not matter but question would be how old are you in forex so more experience you are more successful you are expected to be... so just do not expect that you can learn forex in one day just give as much time you can give to learning and then by the time you can get result. Age doesnt effect our trading....if we are quite younger and hav goood knowledge then we can make profit more than older trader without knowledge....forex is all about experience not age....

[masyuni]

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. 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

[mainhard]

We just have to be 18 because many brokers need our identity proof. The age is not the real matter. The real matter is your knowledge and experience. A young mind is always better to pick things effectively and generate some new ideas while mature minds have better emotional control. 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.

[comoztise]

Well, there is some age rule in forex, i.e the person who is above 18 can only do forex trading. But I am not satisfied with this age restriction rule. Because my opinion is that, all people whether they are below or above 18 should be legally allowed to involve in forex business if they have interest, capital and basic knowledge. It is because the intention of every business is to earn profit not to look after age. 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.