Can introduction of new subjects like trading help the economy?

[Queentoshi]

I was thinking about how acquiring skills like cryptocurrency trading has helped a lot of individuals out of poverty, so I was wondering if subjects like cryptocurrency trading or Forex trading are introduced into curriculum of students, will that not have a direct impact on the economy of the country by reducing the number of people dependent on the government for a job? Has this not yet been considered or is there a reluctance in the government to make sure that people learn valuable important skillset in school aside the other things they have been learning for years.

I did not know the correct place to make this post, economics or trading, I am okay with the moderator moving it to the right place if this is not it.

[EarnOnVictor]

I believe this kind of post fits in both the Economics and Trading sections, especially as it's based on the inquiry, so no worries.

Trading itself is a part of the economy and a lot surrounds it. It's all about doing business because we buy and sell in it. But this kind of business is electronic, it works with the slightest fluctuation of the market price, that's where we get our money, and that's where the risk is.

The risk part makes it difficult, but still, it's part of what makes the economy, and big names like Hedge funds,  Wall Street, and various others linked to the financial markets can't be undermined when we mention the world economy. How you now go about your trading, whether good or bad matters, and it will define your kind of economy whether it's bad or good.

[Hydrogen]

Trading equities, commodities, forex and crypto is similar to gambling.

Those who consistently win @ gambling or trading are a small minority.

It would help if the average level of education for finance and economics were higher.

People might make better choices in knowing which politicians or economic policies to support.

But if you were to look at the personality profile of traders and gamblers who win consistently.

The personality traits which allow them to be successful are rare in society.

[fuguebtc]

Trading equities, commodities, forex and crypto is similar to gambling.

Although we always distinguish and assert that trading is not gambling, it is because we are traders and investors in the market. But in reality, for the average person, trading is no different than gambling and I agree with that point of view. Because as we all know, in addition to knowledge and experience, we also need a little luck to be able to make money from trading. That is why even a person with enough knowledge , experience and skills would never dare to claim that they will be able to make a steady profit from trading.

Trading is an uncertain, unstable and gambling form of earning money, so it would be a bad idea to turn it into a subject or a job and encourage people to participate .

[jcojci]

That depends on the acceptance of crypto in a country. If the government and the education center think it necessary to add cryptocurrency trading in their curriculum of students, they will introduce that.

However, the student can learn by themselves because now, they can access the Internet without limitation to find the resources of trading. So that will not be an urgent need to add trading lessons into the curriculum of students.

Besides that, they can learn about trading in their free time after they are at home. But trading will have risk that they must know so they should learn about the risk.

[X-ray]

Statistically speaking most of people are losing in trading, if you introduced trading to the mass, 90% gonna lose while 10% gonna win, doesn't seem like a good idea in my opinion, might make the people poorer. Trading was never meant to make everyone rich, it's a game of speculation.

Moreover, people get rich from bitcoin and escape poverty by holding, the OG holders are racking hundred thousand percent profit by just holding from 2012.

It's better to just consider bitcoin as an investment for long term holding instead of introducing trading.

[MarjorieZimmermanGinger]

I was thinking about how acquiring skills like cryptocurrency trading has helped a lot of individuals out of poverty, so I was wondering if subjects like cryptocurrency trading or Forex trading are introduced into curriculum of students, will that not have a direct impact on the economy of the country by reducing the number of people dependent on the government for a job? Has this not yet been considered or is there a reluctance in the government to make sure that people learn valuable important skillset in school aside the other things they have been learning for years.

Of course it can help make people more skilled to be able to face the challenges of life in the financial sector. But this issue does not justify better achievement because maybe schools can’t implement these subjects in secondary schools and below. Universities could take that part and they could include learning about this in the curriculum and the focus could be developed based on the abilities of each student.

Sometimes the government doesn’t really want to make people better financially so they don’t try to provide access and maybe this is a reasonable reason if you look at it further. Education only focuses on learning but rarely provides access to develop students' skills so that when they graduate, it becomes increasingly difficult for students to keep up with real life.

[Hewlet]

There are a lot of other topics that looks right that it be included into the school curriculum but of them all, there are some that looks unnecessary. Because of the risk associated with crypto trading, most institutions won't buy the idea of making it an official course to be studied under a school corricula.

Courses that a e practical based are things that can help youths become useful to themselves and in the process help make the economy better. For instance, increasing in the study of agricultural related courses and creating a skills acquisition centre in all campuses will help to a very large extent in enabling students become strong skillwise

[Zlantann]

I was thinking about how acquiring skills like cryptocurrency trading has helped a lot of individuals out of poverty, so I was wondering if subjects like cryptocurrency trading or Forex trading are introduced into curriculum of students, will that not have a direct impact on the economy of the country by reducing the number of people dependent on the government for a job? Has this not yet been considered or is there a reluctance in the government to make sure that people learn valuable important skillset in school aside the other things they have been learning for years.

It is important to state that a good educational system is always open to new discoveries and development in society. Some countries have added crypto and forex trading to the curriculum of educational institutions. Including crypto or forex trading is not a bad idea since some students might take advantage of the opportunity it offers to gain employment.

But I doubt if the impact will be high since trading is a complex and risky business. I would prefer to introduce students to vocational or technical education rather than trading. I think trading shouldn't be seen as a full time job but a side hussle. Another problem graduates might have is raising capital for trading. Many people especially in poor countries might not be able to have enough funds to invest in trading. However, introducing students to these skills is not a bad idea.

[Moreno233]

I was thinking about how acquiring skills like cryptocurrency trading has helped a lot of individuals out of poverty, so I was wondering if subjects like cryptocurrency trading or Forex trading are introduced into curriculum of students, will that not have a direct impact on the economy of the country by reducing the number of people dependent on the government for a job? Has this not yet been considered or is there a reluctance in the government to make sure that people learn valuable important skillset in school aside the other things they have been learning for years.

I did not know the correct place to make this post, economics or trading, I am okay with the moderator moving it to the right place if this is not it.

This will help more than most of the courses offered in schools today, reason being that at a very young age children are sharp to understand and grasp whatever they are being taught, so teaching them at that early stage and as they continue to grow will make the skills more effective in their lives as they will not cut corners but will follow the process academically and it will become a part of them. You remember that the biggest challenge forex and crypto traders face is greed, which is not found in children at that early stage because the money consciousness is very low. This will help them deal with the psychological aspect of trading and become better traders.

[Stella Mese]

Statistically speaking most of people are losing in trading, if you introduced trading to the mass, 90% gonna lose while 10% gonna win, doesn't seem like a good idea in my opinion, might make the people poorer. Trading was never meant to make everyone rich, it's a game of speculation.

Moreover, people get rich from bitcoin and escape poverty by holding, the OG holders are racking hundred thousand percent profit by just holding from 2012.

It's better to just consider bitcoin as an investment for long term holding instead of introducing trading.

It seems understandable that this is because for future profits, of course bitcoin is an investment solution in it. Indeed, in terms of trading, of course, it takes broad insight to start it, especially for the continuity of the trade, and the losses incurred are indeed not comparable, because many factors must be considered, maybe some people trade successfully but in fact some others experience setbacks.

[Fortify]

I was thinking about how acquiring skills like cryptocurrency trading has helped a lot of individuals out of poverty, so I was wondering if subjects like cryptocurrency trading or Forex trading are introduced into curriculum of students, will that not have a direct impact on the economy of the country by reducing the number of people dependent on the government for a job? Has this not yet been considered or is there a reluctance in the government to make sure that people learn valuable important skillset in school aside the other things they have been learning for years.

I did not know the correct place to make this post, economics or trading, I am okay with the moderator moving it to the right place if this is not it.

For the general public, at the lower end of the education scale (like in high school) these are too specific a topic to cover, but there definitely should be a strong financial education element which is arguably just as important as other subjects like math or English. When you start getting to the college level, you might have a few days where financial studies could expand into the different type of investments like the different forms of trading, but it's only really when you reach university and have specialized in a subject related to it that you would go into any depth. It's a balancing act because education centers don't want to be seen encouraging things like Forex, with it's high probability of loss, but they could also help people by giving additional background on it.

[sunsilk]

I was thinking about how acquiring skills like cryptocurrency trading has helped a lot of individuals out of poverty, so I was wondering if subjects like cryptocurrency trading or Forex trading are introduced into curriculum of students, will that not have a direct impact on the economy of the country by reducing the number of people dependent on the government for a job? Has this not yet been considered or is there a reluctance in the government to make sure that people learn valuable important skillset in school aside the other things they have been learning for years.

I did not know the correct place to make this post, economics or trading, I am okay with the moderator moving it to the right place if this is not it.

I think that we're seeing governments considering this already. Not only about trading but investing entirely to the crypto market and we get to see the phase of it that the next will be educating their people about this opportunity.

While forex and stocks are already vulgar and known to many investors and even non-investors. But having to back up the crypto economy and the ways of earning through it will help a country's economy if everyone gets serious about it.

It will start through financial education and many are still not yet into it and that's why the government needs to drive a lot of efforts to make many interested into it.

[shield132]

I was thinking about how acquiring skills like cryptocurrency trading has helped a lot of individuals out of poverty, so I was wondering if subjects like cryptocurrency trading or Forex trading are introduced into curriculum of students, will that not have a direct impact on the economy of the country by reducing the number of people dependent on the government for a job? Has this not yet been considered or is there a reluctance in the government to make sure that people learn valuable important skillset in school aside the other things they have been learning for years.

I did not know the correct place to make this post, economics or trading, I am okay with the moderator moving it to the right place if this is not it.

Indivudlas, that I know or have heard about who escaped poverty, are those who were running trading learning centres. They offer to teach you forex or crypto trading in exchange of some money, it's like bootcamps where you pay some money and they give you lessons for a few months with a certificate. Such companies made lots of money from trading but I don't know someone who really escaped the poverty with crypto trading. There are some people who bought Bitcoin years ago and forgot about it but remembered it once it became expensive. Besides them, there is almost nobody because poor can't become rich by trading and if that was the case, then a millionaire would become trillionaire if we compare the ROI that poor needs to become rich.

[CageMabok]

I was thinking about how acquiring skills like cryptocurrency trading has helped a lot of individuals out of poverty, so I was wondering if subjects like cryptocurrency trading or Forex trading are introduced into curriculum of students, will that not have a direct impact on the economy of the country by reducing the number of people dependent on the government for a job? Has this not yet been considered or is there a reluctance in the government to make sure that people learn valuable important skillset in school aside the other things they have been learning for years.

I did not know the correct place to make this post, economics or trading, I am okay with the moderator moving it to the right place if this is not it.

For something like that, the government would not implement it carelessly, especially if the purpose itself is for schools that are still at the elementary level. Because lessons or curriculum about the market and how to invest in the crypto market can be given to students who are a little higher than elementary school or to students who are already in college so it wouldn't be that difficult for them to be able to understand such lessons. But I also don't know why it still doesn't exist because from what I see currently, there are still not many countries that implement such a learning curriculum so it would be good if the government would pay attention to this as a new step that is quite wise for all students who are already in college.

[Mpamaegbu]

Yes, introduction of trading of any sort in schools will help but there's a knack to it; especially if we consider how financially implicated trading is. I won't like it to be introduced at high school level because it will mess up the minds of students at that age and derail them as most of them are likely going to be fixated on it and not give required attention to their other subjects of study. At high school level, students are easy to lose focus and concentration in their studies. Again, most of them are likely going to see it as gambling. That perception may eventually destroy them if not monitored closely.

At the tertiary level, that will be fine as universities hardly teach financial independence in practical reality. What most of them do at best is theoretical teaching on finance.and economy. Trading skills should be taught at that level to prepare graduates for the reality out there. Money is very important in everyone's life.

[Btcdeybodi]

I was thinking about how acquiring skills like cryptocurrency trading has helped a lot of individuals out of poverty, so I was wondering if subjects like cryptocurrency trading or Forex trading are introduced into curriculum of students, will that not have a direct impact on the economy of the country by reducing the number of people dependent on the government for a job?

Has trading forex or cryptocurrency now became a job opportunity for it to be considered as a subject to study in institutions? And how did you come up with the idea that crypto trading or forex trading has elevated a lot of individuals from poverty. Trading cryptocurrency or forex is risky, and profits are not guaranteed so why should we refer something that the earnings are not assured as a job opportunity. Some people have actually made huge amount of money trading cryptocurrency and forex but it's just a low number of people so if anyone wants to learn a skill on trading cryptos or forex, they can do that on their own instead of making a suggestion for it to be established in a school curriculum

[slapper]

teaching trading could have a massive impact. Not only because it gives people an opportunity at money, but also because it changes the script on what it means to "create value." In past economies, employment were safe, predictable, and centralised. None of that framework survives in the post-2008, post-COVID, AI-era economy

In a school system that assess children on right answers and conformity, how then can you teach a topic based on uncertainty, risk, market psychology, and ongoing change? You want to empower students with trading? Nice. But you'll first need to somehow destroy the very psychological model that teaches them to fear mistakes. Trading is emotionally expensive. It will fail quickly if the curriculum does not teach self-reflection, emotional resilience, and how to lose

It should be introduced. But not as a skill. As a way of thinking. Just doing that would make the country more productive because people would learn how to think in systems, deal with change, and let go of set identities. Governments' hesitation? Not surprising. There is a twenty-year lag between economic and technological trends in education policy. When the system still seeks predictable tax-paying job-seekers, why should people be independent thinkers? You are suggesting a cultural jailbreak, not only curriculum change

[Majestic-milf]

 If it is introduced in the curriculum of students, it has to be made mandatory if not there's still students who will choose to not take it because to them it would be too complex. There are people who don't like the stress incurred in learning a "difficult" subject, no matter how beneficial it is but if it were made mandatory like how maths and English are, they may take it just to fulfill all righteousness.
 Another thing one should know is that for the economy to grow it depends on what decisions the leaders take if not if any subject were to help the economy (and I'm speaking like a Nigerian) subjects like Financial Accounting and Economics should have done that.

[Salahmu]

The Effectiveness and performance might be low to add trading as parts of the courses that would be study in the school, meanwhile if that is to happen there should be a very experienced professional somebody who has been into trading for several years to qualify being a teacher on that course because just like other technical courses that particular course is highly technical and different from other ones, so if they do not hire a professional they may not achieve the sole purpose of the course. Apart from getting an experience person there are sacrifices of money the school should be willing to pay, such as using a live account with a little money on it to show the students what real trading is all about.