Online trading comes with its own risks but it also bears high potential rewards if you get serious with your trade.
Young investors with the commitment, discipline and passion to become successful traders are among those who have enriched their lives with the many opportunities that come with trading forex, gold, CFDs, cryptocurrencies, and other instruments.
Trader at age 11
Anthony Cariaga, 24 years old, from Bulacan, started trading when he was 11. For him, trading forex was a way to gain additional money, especially since he loved saving. It helps that his mother is a trading coach at SmarTrade, a training and consultancy company that offers free learning sessions and coaching on how to trade.
Cariaga also found a reliable broker with ATFX, SmarTrade’s global partner broker.
“One thing I learned is that there is no such thing as 100% accuracy in trading. However, with ATFX support and resistance indicator and calculator, I am given a signal on when to buy and sell, which is 70-80% accurate. I am comfortable with those odds,” he shares.
“Also, always upskilling myself through SmarTrade’s learning sessions taught me how to manage my capital by means of calculating the maximum trade exposure that suits my risk appetite. This, I think, is very important for a trader,” adds Cariaga.
The “Whiz Kid”
Nineteen-year-old Davaoeño Joseph Lejarde started trading at 15 to help his family. The “Whiz Kid,” as he is fondly called, trades forex, commodities, stock CFDs, and crypto.
“Trading has helped me support my brother’s medical needs, support my mother because she is already a PWD, and my father who also takes maintenance. It also allows me to share the blessings with others and help more people.”
“Since I stumbled upon SmarTrade in 2019, my confidence in trading has grown. Before, I was reckless, with no discipline in trading, but now through Smartrade, I learned to be disciplined, calm, optimistic, and passionate about forex trading,” says Lejarde.
OFW Turned Trader
Gio Gamelo started trading in 2017 while still working in Singapore. “I just saw someone in the train station looking at his charts. That was the day my life changed,” says the 27-year-old from Cavite who found his passion in online trading as opportunities opened for him while enjoying time freedom.
“When I came back to the Philippines, I met SmarTrade Coach Andrea Joven who introduced me to various aspects of trading that I was previously unaware of. She assisted me in becoming a better trader and expanded my trading opportunities. She was someone I can rely on who is passionate about trading,” shares Gamelo.
Trading has become a way of life for Gamelo. He became an ATFX Introducing Broker and is now changing people’s lives in collaboration with his friends who have formed a trading group. The group is focused on trading the financial market, mainly with forex, gold, and oil; enriching and sharing each other’s analyses; and sharing their own ideas on social media to support other aspiring traders interested in cryptocurrency, forex, and commodities.
“Trading with all its wins and losses and the adrenaline rush it gives me was something I found engaging and fulfilling, especially when I had a great trading day. And even when it’s not, the loss I get from trading just makes me more engaged in becoming a better trader than I was yesterday. Mistakes, for me, are one of the best parts of trading. It’s the time to learn a lot and become better,” explains Gamelo.
Online trading continues to attract a younger generation of investors like Cariaga, Lejarde, and Gamelo. A growing number of young people are eager to dabble in online trading as shown in the 20% increase in the number of young traders attending SmarTrade’s free online learning sessions. In 2022 alone, a significant increase of about 30%-35% came from the segment of those aged 30 and under.
While trading knows no age, it is important to have the right partner to guide you through your trading journey. For more information on how you can avail of SmarTrade’s free learning sessions and one-on-one coaching, visit www.smartradeph.com.