Forex Zone - Forex Forum

Effect of Age on Trading Success

Discussion started on General Forex Discussion

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
the age factor will obviously reduce the power of concentration.
#16 - October 14, 2019, 05:01:08 PM

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
I don't think it has much effect on age because traders who are already experienced are actually old.
#17 - October 15, 2019, 12:09:43 AM

  • Hero Member
  • Posts: 1048
  • Points: 5674
  • Likes Received: 111
  • Reputation: +4/-0
to succeed in forex there are no age restrictions, as long as they are 16-17 years old and above then all the opportunities to succeed in forex, all of that will depend on the efforts and beliefs of each person.
#18 - February 02, 2020, 03:52:38 PM

  • Jr. Member
  • Posts: 79
  • Points: 3580
  • Likes Received: 0
  • Reputation: +0/-0
I often find traders who have been very successful in forex, maybe because they have long dedicated their lives in forex to success, but even young traders also exist even though it is quite rare.
#19 - February 02, 2020, 05:24:58 PM

  • Hero Member
  • Posts: 701
  • Points: 5910
  • Likes Received: 39
  • Reputation: +1/-1
In my opinion, any age can be successful in forex as long as you want to try well, although actual age does not have much effect, but age can affect the power of analysis and also the level of thinking of someone where an older person will decrease his thinking power.
#20 - February 03, 2020, 12:12:15 AM

  • Full Member
  • Posts: 182
  • Points: 319
  • Likes Received: 7
  • Reputation: +0/-0
Trading is not known for age, but the older the age of a trader, of course I will decrease its analytical ability, but it does not have much effect if a trader already has a profitable strategy in the long run.
#21 - February 03, 2020, 01:51:30 AM

  • Full Member
  • Posts: 207
  • Points: 1850
  • Likes Received: 26
  • Reputation: +0/-0
Trading is not known for age, but the older the age of a trader, of course I will decrease its analytical ability, but it does not have much effect if a trader already has a profitable strategy in the long run.
Many traders are old, but increasingly have good psychology and are increasingly unshaken by a variety of market conditions, in my opinion even though analytical skills are reduced, in this case the ability of the mind but related to patience, the older the ytrader the more patient it will be.
#22 - February 03, 2020, 03:22:28 AM

  • Full Member
  • Posts: 205
  • Points: 0
  • Likes Received: 12
  • Reputation: +0/-0
More or less certainly affects the age factor, because forex trading requires concentration and precision in trading.
#23 - February 03, 2020, 03:24:27 AM

  • Full Member
  • Posts: 151
  • Points: 178
  • Likes Received: 4
  • Reputation: +1/-1
in normal conditions, age is quite influential in work, but in forex trading, in my opinion, age does not have much effect as long as a trader can think well, the older a person is, the wiser and more patient.
#24 - February 03, 2020, 10:18:50 PM

  • Full Member
  • Posts: 147
  • Points: 311
  • Likes Received: 1
  • Reputation: +0/-0
age tends to have little effect in forex trading because in forex it does not recognize restrictions on age, gender, educational background, caste and so on. Forex only knows one's skills and discipline and mentality.
#25 - February 04, 2020, 02:22:48 AM

  • Full Member
  • Posts: 143
  • Points: 263
  • Likes Received: 3
  • Reputation: +0/-0
in forex trading there are no conditions to be certain as when we apply for office work and in forex do not know the age to achieve success, only traders who meet certain conditions will be successful.
#26 - February 04, 2020, 02:02:33 PM

  • Full Member
  • Posts: 234
  • Points: 426
  • Likes Received: 12
  • Reputation: +1/-0
I often find there are traders who are 70 years old or even more but I am increasingly saluted by his patience, he only uses the smallest lot for transactions on trading accounts with relatively large capital. Apparently it is true that age has no effect on achievement in forex.
#27 - February 04, 2020, 03:42:37 PM

  • Jr. Member
  • Posts: 65
  • Points: 208
  • Likes Received: 1
  • Reputation: +0/-0
it has been proven that age and gender do not have much effect on success in forex, there may indeed be an influence but it is quite small and invisible because there are many proven traders who are old and even women can be very successful in forex.
#28 - February 05, 2020, 06:00:17 AM

  • Jr. Member
  • Posts: 67
  • Points: 195
  • Likes Received: 3
  • Reputation: +0/-0
in my opinion age is not very influential because many successful traders have very different age ranges, after all many people who retire and switch to trading that means old age is not a problem for trading.
#29 - February 06, 2020, 09:46:48 PM

  • Full Member
  • Posts: 192
  • Points: 494
  • Likes Received: 3
  • Reputation: +0/-0
the effect of age in trading success is very relative because age does not really determine the success of a trader and does not require the trader to be how old it is easy to achieve success.
#30 - February 09, 2020, 01:52:04 PM

Members:

0 Members and 1 Guest are viewing this topic.