Trading On A Stock Exchange Serves Many Purposes
One can argue there are many ways to learn more about how money and finances work today. The educational system, through schools and universities, tries to teach people the basics. However, one should not overlook stock trading and its influence on people’s understanding of finances. It has become much more accessible to trade on a stock exchange with the help of providers like Robinhood, putting the power to trade in the hands of millions.
Although the purpose of Robinhood and consorts is to make people earn money by trading stocks, there is a secondary purpose. Trading platforms accessible by the masses serve an educational role. Younger generations access these solutions in search of riches, but they also become more curious about finance. That curiosity makes people more aware of what investing entails at a young age, giving them a better foundation to build their future and wealth.
Various industry experts believe it is beneficial to expose kids to the stock market and trading on a stock exchange. The basics of investment apply to more than just using Robinhood. It equally applies to operating a business, growing money, making wise financial decisions, etc. There is much to gain from acquiring such crucial knowledge early on. Moreover, children have “time to spend” on learning these concepts, whereas adults are often too busy to pick up the finer intricacies of investing.
Knowledge Is Power
Being exposed to the knowledge regarding investing and trading on a stock exchange is a life lesson. After all, stocks are not just financial vehicles but serve as a metaphor for various facets of a child’s life. Risk and reward, introspection, and adversity are some things we all have to go through eventually. Market volatility illustrates the various ups and downs one goes through while growing up, a barrier everyone needs to conquer sooner or later.
Gathering all of this knowledge early on can set people up for long-term success in life. Taking Anatoliy Knyazev from EXANTE as an example, he was always intrigued by mathematical analysis and complex calculations. Through the skills he picked up during his early life, Knyazev established a very profitable company in recent years.
Like most children, Knyazev perceived stock markets as a “playground where smart guys tried to get money from other smart guys”. After taking up a course to get acquainted with trading, he eventually settled for trading on a stock exchange and became a professional trader. Were it not for that initial interest in trading and stocks; things would look very different for Anatoliy Knyazev today, as well as the thousands of people relying on his services.
Exploration Can Be Rewarding
No matter how daunting it may seem to begin trading on a stock exchange or deal with market volatility, the journey will often prove worthwhile. Whether one wants to make money, learn new things, or both, the financial industry is a powerful tool to achieve any of those goals.
It is never too early to get kids acquainted with trading in stocks and investing, and doing so should be encouraged. Curiosity and exploration should encompass all facets of life, including the financial side of the spectrum.
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