Parents just won't get it

This is a discussion on Parents just won't get it within the General Trading Chat forums, part of the Reception category; Originally Posted by tomorton Vice versa also - coming out of a bank won't mean you're going to be a ...

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Old Jan 4, 2017, 5:36pm   #16
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Vice versa also - coming out of a bank won't mean you're going to be a world-beater as a private trader.


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Old Jan 4, 2017, 9:56pm   #17
 
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Life's to short. But to each there own

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Old Jan 5, 2017, 12:05am   #18
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Automation, algos and programming would be one way to get away from the screen and give yourself a life away from trading. A lot of hard hard work, dedication and self teaching still required to make it though.
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Old Jan 5, 2017, 8:23am   #19
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Good posts
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Old Jan 5, 2017, 12:42pm   #20
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Good idea about the part-time job and helping pay rent, that should definitely help. Perhaps you could try bar work or something and work evenings/nights so you can trade in the day. Good luck!
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Old Jan 9, 2017, 12:38pm   #21
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i unterstand wy ur parents wont get it if u use there money to trade. get job n will be much easire for u.
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Old Jan 9, 2017, 1:08pm   #22
 
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Oh to be young again.
Usually one writes off the parents' ideas as old and antiquated when young. But just wait till later. One gradually realizes that their ideas weren't so stupid after all.
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Old Jan 17, 2017, 8:37am   #23
 
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In my sense, elderly people donít believe that now young generation can make money sitting around their computer screen all day long. Forex trading is a new way and option to make money from home and doing not much physical hard work. It is difficult to make our parents understand the future of Forex trading. Thatís why Trade 24 has come with some good resources and supportive agent for their clients through which elderly people can gather knowledge.
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Old Jan 17, 2017, 12:03pm   #24
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In my sense, elderly people donít believe that now young generation can make money sitting around their computer screen all day long.

Sorry, couldn't resist (because I have personal experience of this type of scenario, as a father), fixed it for you...

"elderly people do understand the high risk that can lead the young generation into losing lots of money (they may have borrowed) sitting around their computer screen all day long. "
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Old Jan 17, 2017, 1:15pm   #25
 
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Sorry, couldn't resist (because I have personal experience of this type of scenario, as a father), fixed it for you...

"elderly people do understand the high risk that can lead the young generation into losing lots of money (they may have borrowed) sitting around their computer screen all day long. "
Let them use their own money.
Or loan it to them at 5% against their collateral
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Old Jan 17, 2017, 1:38pm   #26
 
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Let them use their own money.
Or loan it to them at 5% against their collateral
What sort of collateral do youngsters have?
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Old Jan 17, 2017, 2:16pm   #27
 
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What sort of collateral do youngsters have?
The latest iPhone, ipad and probably a car to name a few.
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Old Jan 17, 2017, 2:27pm   #28
 
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The latest iPhone, ipad and probably a car to name a few.
A bank might consider the car to be collateral, depending on who carries the title. Otherwise . . .
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Old Jan 17, 2017, 4:03pm   #29
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What sort of collateral do youngsters have?

English youngsters in the UK have the greatest possible collateral - their age. Actually, its their age plus their approval to enrol at university here. This qualifies them for a student loan. This seems to me (though I'm neither a student nor a parent) to be free money. Anyone care to show me I'm wrong?
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Old Jan 17, 2017, 4:28pm   #30
 
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English youngsters in the UK have the greatest possible collateral - their age. Actually, its their age plus their approval to enrol at university here. This qualifies them for a student loan. This seems to me (though I'm neither a student nor a parent) to be free money. Anyone care to show me I'm wrong?
They are meant to repay it eventually I suppose ?
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