Kids and Trading

How young is too young to learn the secrets of the markets?How much of a difference would it make to your children’s lives if you could inspire them to become a trader, and take control of their financial lives?Louise Bedford is a mother of two and she shares her thoughts on trading, motherhood, and how to get your kids to focus on becoming great traders, whatever their ages. Listen as she answers a vital listener question on how to get your children inspired to begin their trading journey.Key Concepts We Discuss in this EpisodeChildren learn by watching us. They will follow the example that we set.From the age of 2 years old, you can encourage your child to colour in charts, and to set up an ‘office’ which resembles your workspace.From four to eleven, find something that the child values highly, such as the latest ‘Nintendo’ game, and set a goal that you can both work towards to achieve it.Teenagers can often be incredibly interested in anything with the potential to create an income, so use this motivation.Ask your child’s school whether share trading can be added as a special interest topic as a part of the maths or commerce syllabus.The Australian Stock Exchange runs a ‘School’s Sharemarket Competition’ each year via the internet – where both you and your children can compare your sharemarket performance against school children from all parts of Australia.More About Possible Christmas PresentsIn this episode, Louise mentions 3 books as possible Christmas present ideas:FLY: Financially Literate YouthYour go-to reference guide for life's important financial decisions and milestones, from high school and beyond.By: Marlies Hobbs, Jai HobbsClick here to pick up your copy.Trading SecretsAre you sick of watching your hard-earned funds slip away?Can you taste trading success but just don't know how to achieve it?Do you want to discover how to trade consistently and profitably?This is the book for you.Click here to pick up your copy.Charting SecretsIn this workbook you'll find:tonnes of sample charts to practice onstep-by-step solutions so you can gain confidence and skillpsychology secrets to revolutionise the way you think about moneybulletproof techniques so you'll never be stuck on the wrong side of the trend againplus much more...Click here to pick up your copyAbout Louise BedfordLouise is a best-selling author and the founder of www.tradinggame.com.au.She and her business partner, Chris Tate, have been running their repeat-for-free Mentor Program since the year 2000. They provide simple techniques that you can implement straight away, and valuable resources to enhance your trading so you can maximise your profit potential.Be the spark If you know someone who’s struggling in the markets, don’t keep Talking Trading to yourself. Share the show with them — because sometimes all it takes is one insight, one spark, to turn their trading around.Take them to talkingtrading.com.au and be the person who makes the difference.Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.www.tradinggame.com.au www.talkingtrading.com.au.FacebookYouTube TwitterLinkedIn