i wanna guide my daughters toward expert at option trading.

traider said:
What did your dad do for his profession? I wished there was adult advice for mine though... It will lead you to filter out all the shitty career options.
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He developed real estate in the Mohave Desert, starting in the 1960s when there was almost nobody out there. Mostly he bought raw land and did not do anything much to it. Sometimes he dug a well or graded a road. He divided the properties into smaller parcels (paying the county to permit this was his big expense) and sold them to individuals or developers. He advertised for free, on grocery store bulletin boards. He spent a lot of time out there getting to know other brokers, which was also beneficial.

What are you considering?
 
Turveyd said:
Shes 5 i wouldnt even consider teaching my 9 year old boy trading, let them have fun, find there own way, don't try to force your way.
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I was interested in stocks from age 8, however I had little clue of the reasons of price movement beyond understanding it as randomness, so I had to settle with imaginary gambling mind games... Of course, in those days, home computer trading as such didn't exist either - practical access to a paper account might have made stocks way easier to learn.

Oh, and I didn't learn how to actually make money until age 30. Go figure. Guidance might have had accelerated that significantly, I guess.
 
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ggelitetrader000 said:
i have been away from my daughter for quite some time due to family issues and has been increasingly seeing her last years. She is 5 years now and has been mostly with her mothers. Mother has taught what most moms will do or at least makes sense to do: she is already reading, writing at 5, I have softly argued it is too early. She also attends ballets and piano class.

I wanna start teaching her money savviness and eventually becoming expert at option trading much earlier than my age. I am not sure where I do start? Traditional schools are not going to teach it for sure therefore I expect to be a primary guide in regards to that. Obviously it is stupid to start teaching options techniques right away when she is 5 but start conditioning her into investing and trading savviness. I was thinking to introduce into her life something that will spark her interest such that it will eventually evolve into trading/options but start wondering what would be a good start be. Any toys? Books?

Thanks!
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I assume this is a serious post; congrats on her reading,writing @ early 5. I was reading @ 7 years YOUNG, average age for a boy reader . You headline says ''guide towards expert options trading'' You could give her a LEAP + some stock; but i would not argue[softly or anyway] with her mother/mothers, ''its too early to read '', the kid is already reading, according to your post.A bit to early perhaps write options,LOL, but congrats again on early reading +writing.

A SPY benchmark chart, like 10 years could interest her.And most kids a re interested in animals, a bear book + bullfighting books could be a good base!! WISDOM Is Profitable To Direct.:cool::cool:
 
[QUOTE[concerning options/trading, for 5 years old="ironchef, post: 4663906, member: 485947"]For a 5 year old?o_O[/QUOTE]
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LOL;that is a fair question ironchief.:cool::cool:
But i took that as serious question. And since men easily think of long term goals, that is what i thought. 5 years is a good place to start ,since she reads/writes .Besides, I remember as a kid@ the zoo, with Dad + Mom. I was watching this elephant,[caged @ zoo] his or her trunk was going in a trading range, eating peanuts out of peoples hands. After watching his trunk in a trading range for a while; i finally fed him =being careful not to tick him off!! LOL+true.And since IBD [Investors Business Daily] says you can always tell when an elephant gets in a bathtub[demand causes water level to rise]; i still look for elephant patterns, in markets........................................................
 
Xela said:
Her mothers? I'm confused: if she's your daughter, aren't you her mother? What did I miss, here?
confused-smiley-013.gif
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This reminds me of the riddle that not a single person that I have told it too has figured it out. Here it is:

A doctor and his son were going on a fishing trip and had a very serious car accident. They were both injured and taken to different hospitals. When the son arrived at his hospital he was prepped for emergency surgery but the doctor came in and said "I cannot do this operation because this is my son". How can this be since they were taken to different hospitals?
 
ggelitetrader000 said:
i have been away from my daughter for quite some time due to family issues and has been increasingly seeing her last years. She is 5 years now and has been mostly with her mothers. Mother has taught what most moms will do or at least makes sense to do: she is already reading, writing at 5, I have softly argued it is too early. She also attends ballets and piano class.

I wanna start teaching her money savviness and eventually becoming expert at option trading much earlier than my age. I am not sure where I do start? Traditional schools are not going to teach it for sure therefore I expect to be a primary guide in regards to that. Obviously it is stupid to start teaching options techniques right away when she is 5 but start conditioning her into investing and trading savviness. I was thinking to introduce into her life something that will spark her interest such that it will eventually evolve into trading/options but start wondering what would be a good start be. Any toys? Books?

Thanks!
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She's 5!. Let her be a kid! Leave her alone with the piano, ballet, options stuff, etc. Run your own life and let her be. If she show interest at about age 13 or so, teach her, but for now, no.
 
Illini Trader said:
This reminds me of the riddle that not a single person that I have told it too has figured it out. Here it is:

A doctor and his son were going on a fishing trip and had a very serious car accident. They were both injured and taken to different hospitals. When the son arrived at his hospital he was prepped for emergency surgery but the doctor came in and said "I cannot do this operation because this is my son". How can this be since they were taken to different hospitals?
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It was his mom.
That riddle was on an episode of "All in The Family". (S03-E04 https://www.imdb.com/title/tt0509876/ )
The episode that explored women's lib. Great sitcom. It was ground-breaking TV.
As I remember.. it was Edith that solved it. :D

Archie Bunker's chair resides in the Smithsonian Institute.
http://americanhistory.si.edu/press/fact-sheets/bunkers’-chairs
 
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I'm a believer that money isn't taught.. it's either something someone is interested in or not.. I am the only one in my family who cares a smidgen about money, no one else does.. even why I try to tell them they go to work for money everyday I cannot change their mind... nothing. It's an inherent personality or it's not.. plain and simple

forcing someone to like something because you think it is good, seems like a bad idea.. why not ask what their passions and interest is and support that... cash isn't going to help if they know how to make cash and don't follow a passion or drive
 
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