i wanna guide my daughters toward expert at option trading.

Prepare yourself for the worse, don't dream of making them experts.
I have already had twice the experience you are speaking about. Twice a failure. Children can be very different from parents and also from brothers and sisters. The two failures were for different reasons. There are a lot of boxes to be ticked to become a good trader. Missing some of them can make the difference between failure and success.
 
need to think out of the box here - what skill(s) can NOT be replaced by AI?

AlphaZero became the god of chess, from scratch, in 4 hours.

by the time your daughters grow up, there won't be much left for humans to do.
 
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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Robert Kiyosaki's Cashflow board game is geared toward increasing the participant's financial intelligence in a playful manner. He has also created an add-on that builds on the stock market component. Regardless of how one feel's about his business model, the Cashflow game is part of his better work. It's geared toward 10yrs and up, so at 5, it might be more advantageous to encourage creative play away from any agenda other than just being a kid. This includes periods of being bored and unproductive.

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Imho, it's more advantageous to encourage meditation and inspiration arising from within than to attempt any outside programming and conditioning. Most folks that I've witnessed at parenting treat their children as "mini-me's in the past". Encouraging behaviors in their children that have more to do with the parents values instead of focusing and encouraging a child's own relationship with their own inner knowing and guidance.
 
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The interest of a 5 year and then later at the age of 15 are almost always different. Never mind once they reach 25 and much older.

You are "Putting the cart before the horse" if you ask me.
 
ggelitetrader000 said:
yeah i messed up on this one :), but it is mostly gramma error.
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Learning about options theory, Black scholes model etc is all very achievable.
Being able to trade it profitably is a totally different thing...
For each variable in BS model, ask yourself whether u can predict any of them better than the market.

Example
Are you able to predict vol better than all the pro players in the market?
 
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