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[tray59]

I do tread forex but now this business seems to be too risky I got margine call several time, so I have no option than to abandon it,my younger brother is in colledge he demand for my permission to allow him tread the forex market and I strongly discourage him now he came back with same plan what do you think?he is in colledge.

 

[a_jerobon]

That's true but if the student has enough succeeding knowledge before being a student he can still do it and be very fine . Forex is a good way to make money.

Yeah, that is right. The student should have gained knowledge and expertise first. Then they can now do it while balancing with studies. The good thing with colleges and other higher education instituitions is that there is so much free time. So students can use this time wisely and earn money.

 

[anil02]

Forex trading for sure reauires so much time and effort. This may really affect the studies of a student. Especially if the student is not good with time management or he/she is carried away by the desire to make high amounts of money.

It is right that first priority of students must be study. Time management is must to success in any field. If some one is a perfect multi tasker than they can try any side business.

 

[SCAMEXPOSER]

The world has gone digital like wise money making and money it self , so having the knowledge and utilizing as a student is a good idea but forex is time demanding, it is left for the person to plan his or self.

 

[Shubhamkedia]

Yes, it can be recommended but if one can follow strict discipline. As being a trader, not only gives you a wider knowledge on what is going on around world (due to keeping track of all the fundamental news) but also makes one learn self discipline.

Being in college, is a time when one learns the most. So, if at that time he/she can learn how to grow self disciplined and have a global knowledge on the ongoings while learning and earning through trading, then why not? Especially if he is doing majors in finances/investments. In that case, it will even become an integral part of his curriculum also.

 

[a_jerobon]

Yes, it can be recommended but if one can follow strict discipline. As being a trader, not only gives you a wider knowledge on what is going on around world (due to keeping track of all the fundamental news) but also makes one learn self discipline.

Being in college, is a time when one learns the most. So, if at that time he/she can learn how to grow self disciplined and have a global knowledge on the ongoings while learning and earning through trading, then why not? Especially if he is doing majors in finances/investments. In that case, it will even become an integral part of his curriculum also.

I agree with you that college and other higher learning institutions are a training ground. It can be a good place to learn self discipline by balancing studies and money making. And indeed the researches involved in forex trading can make the student learn alot.

 

[Damismiling]

If you are a college student then I would not advise you delve fully into forex, as it is time consuming and might likely affect such student concentration to academic, however such student can give little time to learn

 

[tray59]

If you are a college student then I would not advise you delve fully into forex, as it is time consuming and might likely affect such student concentration to academic, however such student can give little time to learn

Well from what you said its true that you can not combine study with business except for the smarth once,forex will consume your time and distract you so much from concentrating with study,its better you get done with your study before you proceed to trade.

 

[Ebube Boosco]

Whether or not a college student is allowed to do forex trading have it's advantages and disadvantages. The advantages there could be that he might be fortunate enough to grow really big when it favors him but the disadvantages could disastrous, if he fails it will affect his education and focus on anything concerning his studies, emotionally he will be unstable and other effects loosing money can do to people.

 

[a_jerobon]

Whether or not a college student is allowed to do forex trading have it's advantages and disadvantages. The advantages there could be that he might be fortunate enough to grow really big when it favors him but the disadvantages could disastrous, if he fails it will affect his education and focus on anything concerning his studies, emotionally he will be unstable and other effects loosing money can do to people.

You have made your point so well and I agree with you. There are many advantages and disadvantages that come with forex trading. It might work for some students who are lucky enough to grasp the forex trading skills and manage to balance it with their studies. But for many, the negative effects may be detrimental and so it is best for them to leave it.

 

[ELSA-ELI]

i c an attest to the views expressed here by many dear friends here.The thing is that trading in forex requires hands on experience and techniques which cannot be acquired in a short period of time hence anyone to be in this venture has to be knowledgeable enough.

 

[tray59]

i c an attest to the views expressed here by many dear friends here.The thing is that trading in forex requires hands on experience and techniques which cannot be acquired in a short period of time hence anyone to be in this venture has to be knowledgeable enough.

Forex trading is never a kind of business which you will start today and start making money immidiately,you need to excercise patience and learn very well,sometime you need some expensive system to guide your trade if you want more money

 

[Biggs]

I do tread forex but now this business seems to be too risky I got margine call several time, so I have no option than to abandon it,my younger brother is in colledge he demand for my permission to allow him tread the forex market and I strongly discourage him now he came back with same plan what do you think?he is in colledge.

It's depends on the strength of the student,if he or she is sound it can be recommended to double business and education

 

[Ebube Boosco]

You have made your point so well and I agree with you. There are many advantages and disadvantages that come with forex trading. It might work for some students who are lucky enough to grasp the forex trading skills and manage to balance it with their studies. But for many, the negative effects may be detrimental and so it is best for them to leave it.

Yeah you are very right. It's better for them not to enter at all than enter and fail and then trouble will look into his or her education. But you know this is kind of tempting because u might actually see one of your friends or classmate that entered and was favored by the trade and you will be tempted to do your own but you will end up falling your hand.

 

[ELSA-ELI]

Yeah i have been learning about risk management and its without a doubt that one should not venture into forex trading if they are not prepared to lose money as this kind of business has a volatile nature.

 

[microunit]

Still entirely depends on experience, they can just practice with practice accounts for months to get a gist of how forex trading works as almost all trading apps now has trading accounts to play with

 

[Ridorz]

You should get a stable earning first before testing the water of forex, your earning there will be unstable, and a lot of risks involved. Only gamble what you can afford to lose.

Yes, forex trading is very risk, you can lose at any time, then if you gain it will be a good money. Anyway, he should let his brother know more about the forex trading by give him more analysis on it.

 

[Ofonime]

Well as long as he understands the risks involved in forex trading and has adequate training, I think allowing him to actually trade will be a good idea. And who knows he might actually make millions and buy his dream car.

There are so much risk involve in forex trading but that dosnt withstand if you can learn on how to get your risk control then there is a tendency of making succcess,forex need matured mind and not laziness so high school student can do forex trading but its going to consume them alot of time but hope its not get clash with your study time

 

[Ridorz]

There are so much risk involve in forex trading but that dosnt withstand if you can learn on how to get your risk control then there is a tendency of making succcess,forex need matured mind and not laziness so high school student can do forex trading but its going to consume them alot of time but hope its not get clash with your study time

You are right. This is the reason that forex trading is not recommendable for a student Because of the risky. And then, it may affect the student studying because forex trading need a devoted time.

 

[Setfragil]

Forex trading is a very good business that can make you rich within a short period of time if you have a good knowledge about it but I cannot recommend it to a college student because forex trading is a professional job which needs some form of training before you can become an expert in it. A student who doesn't have much knowledge and training in forex trading, can lose his entire funds within hours.

 

[Corzhens]

My understanding of forex is an investment that you buy foreign currency. An example is the US dollar with 50 pesos as exchange rate. When the exchange rate goes up then I can sell it to gain more pesos. A student can definitely engage in forex but with care. He should spare little time for the trading.