Age?

[schizo]

Well OK, but the poll is meaningless in the context of that idea without providing us the data on what the ages of traders were from, say 20-30 years ago.

Yeah, I dont' think it's so much one's age but how many years of experience one has under one's belt that should be of interest.

At what age can you still afford to lose all your money?
The question should be are you trading for a living.
I retired/quit working at 55 and have been trading to fund my lifestyle since then.
I cannot afford to blow up my account!! If I had retired with a decent pension then trading could be a hobby, so if I failed I could still maintain my lifestyle.
I can afford to have a losing year or two. I cannot afford to lose all my capital.

I seriously doubt those over 55 will ever blow up, provided that they've done this long enough. Not that they can't, but hopefully they have enough experience (and maturity) to know how to avoid it.

 

[Handle123]

Not surprising the board consists largely of geriatrics.

The modal active ET member is a retiree with time on their hands who doesn't trade with meaningful amounts of capital, if at all.

You are correct, in my case I hardly make trades any more, but with automation and staff of six allows me to travel. In all the decades I manually traded to get good and build my accounts, never took vacations or time off, at my age now, I want to see what I missed with last wife. I only trade futures, options on futures and stocks and long term forex. Still do scalping and hourly futures trading, own seats to keep fees low, I will never close up shop, gave up too much in my life to get good.

Most traders never get to point of trading is a real business.

 

[TheDawn]

10-15 years ago i could watch 10-15 different futures and now im down to 3

LOL toucan

Are you making profits? That's what's important.

 

[maxinger]

ie majority of the traders are old old, and introverts.


Either the traders started when they were small boys,
or they started after retiring from their full-time jobs.
This survey didn't attempt to ask this question.


It makes sense for introverts and not extroverts to be traders as most of the time,
we will be talking to the
machine
charting software
trading platform
forum

 

[toucan]

Are you making profits? That's what's important.

Yes and that is the best metric for trading and living longer

 

[tony.m]

OP was hoping that atleast 50% are in the 18 -34 age group. The bread and butter for indicator vendors are the under 30s

 

[Lee-me]

Age has no meaning in trading, in fact, if you are very old and retired the least you want to do is trade about and have some fun with that retirement money just to get things exciting again.

 

[tony.m]

have some fun with that retirement money

Sound like gambling

 

[tomorton]

Sound like gambling

There's other sorts of fun. I'm hoping for some next week, if the lady is free....

 

[ironchef]

The modal active ET member is a retiree with time on their hands who doesn't trade with meaningful amounts of capital, if at all.

You will be surprised if you do a poll.