Can introduction of new subjects like trading help the economy?

[Justbillywitt]

Sometimes I wonder why governments don't look at certain directions. They keep focusing all their policies in certain areas over the years without considering emerging trends. Something like this is definitely going to help the economy. Because when lots of people are engaging themselves in productive activities, it will surely reflect on the economy. Imagine what the few individuals who learnt these skills are doing for themselves. So if courses like trading and Forex trading are introduced in school and scholars are thought how to go about it, knowing the risks associated to it and how to mitigate the risks, it's definitely going to be helpful to these individuals. The old pattern of educational system is no longer viable, governments should start introducing skill courses that can help individuals stand on their own in the capital market.

[goldkingcoiner]

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 agree.
But the main problem is that the learning curve is quite steep and long-term for learning how to trade and you will most likely lose a lot of money while you are still not an expert (which is to be expected since only the top 10% or so of top traders make a steady income from trading). I am thinking of working on a trading challenge app where you can challenge others in competitive trading with fake coins so that they learn how to trade while having fun and not losing money.

[MArsland]

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.

One thing to remember about the education curriculum as far as I know based on my experience as a teacher in a school must be adjusted to the educational goals of a country. Well, every country must have gone through various stages of development in the world of education so that we cannot simply include cryptocurrency subjects if we do not have a primary basis that suits the needs of citizens. We know that there are developing countries whose education system targets in the curriculum must first refer to productive Human Resources.

That way we cannot skip the process and immediately adjust to the growth of education in developed countries. The portions and needs are different, in other words the stages of the education system in developing countries are still below the standard of the education system in developed countries. Including implementing a curriculum system for elementary, secondary, and higher education units.

[GigaBit]

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 economic development of a country, special attention should be given to the common people of that country, especially the youth. Not only education, they should also be given ideas about real life. They should be made wealthy to earn money. If the youth can be made skilled with good ideas about trading and investment, then on the one hand, the youth will be financially prosperous, on the other hand, it will also play a role in the development of the country. There is no certainty that a trader will be able to profit after acquiring trading skills. After learning trading, it may be that one is making more losses than profits. Therefore, it is difficult to play a role in the country's economy by depending on such unstable work.

If a trader gains good experience and succeeds in trading, then he can definitely become the owner of a lot of money. Through this, unemployment can also be reduced. As a result, the pressure on the government will continue to decrease. The more people know about Forex and Crypto, the faster they will be able to integrate themselves into international investment platforms.

Some of the downsides are that there is a lot of potential for scams in crypto. If someone invests their money in crypto without acquiring good skills or knowledge, there is also a high chance of losing that money which will lead to a worse situation in their future. Moreover, since the trading market is completely volatile, there will always be a risk of losing. It will definitely be difficult to be stable mentally.

[GiftedMAN]

People make money from trading but we can't deny the fact that it's a risk... There are other things that that can be taught to help the economy, trading is something should  be a personal decision and not to be introduced as a new subject because it's pointless..not everyone is interested in it, some people see have lost a lot in trading even though others are making profit, it's not something that should be added to the curriculum, it involves taking a lot of risks.. This isn't the solution to to help fix the economy

There is a need for the government to step in and include a lot of good subjects to the curriculum and if trading is meant to be included in the teachings it shouldn't be made compulsory for everyone but it should be for those who has the interest to learn since it involves a lot of risk that's why it should be a personal decision for anyone who wishes to trade after acquiring the knowledge. You can't discourage the introduction of trading in the institutions if it is to be added remember there are people who are making money even in the midst of the losses of others, there should be a general knowledge not just in trading but other good ways to make money if the students are taught very well they can decide to choose what they want to do since trading involves capital to start trading.

[avikz]

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 disagree! Trading is super risky and a government will never encourage risky things to its citizens. Rather, the risks associated with trading should be taught in schools so that people understand the risk.

I strongly believe that curriculums related to savings and investment needs to be introduced. That's where young population will learn the value of savings. They will learn the basics of finances which will be immensely helpful. Trading is not something that needs to be encouraged. At least this is my personal opinion.

[BALIK]

Sometimes I wonder why governments don't look at certain directions. They keep focusing all their policies in certain areas over the years without considering emerging trends. Something like this is definitely going to help the economy. Because when lots of people are engaging themselves in productive activities, it will surely reflect on the economy. Imagine what the few individuals who learnt these skills are doing for themselves. So if courses like trading and Forex trading are introduced in school and scholars are thought how to go about it, knowing the risks associated to it and how to mitigate the risks, it's definitely going to be helpful to these individuals. The old pattern of educational system is no longer viable, governments should start introducing skill courses that can help individuals stand on their own in the capital market.

The forex trading market started in the 1970s and started to gain popularity in the 90s and 2000s with the advent of the internet and online trading platforms like MetaTrader. Trading is not new and the government has had enough time to study and understand it better than any of us here. They must have some reason for not including it in education, not that they are behind the times.

Trading is a market where there will be winners and losers, where money is transferred from one person to another. It does not produce any goods or services, it is just a place where we try to take other people's money or to put it bluntly, it is no different from gambling. How will it impact and benefit the national economy? Does gambling bring economic benefits and help the country develop?

[justdimin]

For the economic development of a country, special attention should be given to the common people of that country, especially the youth. Not only education, they should also be given ideas about real life. They should be made wealthy to earn money. If the youth can be made skilled with good ideas about trading and investment, then on the one hand, the youth will be financially prosperous, on the other hand, it will also play a role in the development of the country. There is no certainty that a trader will be able to profit after acquiring trading skills. After learning trading, it may be that one is making more losses than profits. Therefore, it is difficult to play a role in the country's economy by depending on such unstable work.

This is why I suggest, giving some basic information about most classes, math, chemistry, history, geography, and many stuff like that, you also need to have classes about life. When kids are kids, they are usually not acting normally, but if they are shown how they should act, and how they should think, in a sense that they need to have a critical thinking mind, and always look for answers themselves instead of just learning and memorizing what is shown to them, that would be a lot better.

Many advanced nations have classes like this, because critical thinking makes you a lot better and gives you a chance to find solution and answers yourself, that way you can grow up to be an adult that can help your nation a lot more and can lift it to a better place.

[bakasabo]

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 agree.
But the main problem is that the learning curve is quite steep and long-term for learning how to trade and you will most likely lose a lot of money while you are still not an expert (which is to be expected since only the top 10% or so of top traders make a steady income from trading). I am thinking of working on a trading challenge app where you can challenge others in competitive trading with fake coins so that they learn how to trade while having fun and not losing money.

Yemen is in top10 most poor countries. Do you think that if majority of Yemen population learn new skill as trading, economy of that country would improve? Trading as a skill imo is suitable only when you can use that skill and have resources.

Lets imagine that people became masters in trading and start to make profit. What would be the first thing a lot of people do? Either travel and spend money abroad (not help for own economy), or move to live in other/better country (again no help for own economy). Or not many of them will be willing to pay income taxes, I am 100% sure in that. The more people start to earn, the less they want to share their money. So again help to economy is questionable.

[goldkingcoiner]

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 agree.
But the main problem is that the learning curve is quite steep and long-term for learning how to trade and you will most likely lose a lot of money while you are still not an expert (which is to be expected since only the top 10% or so of top traders make a steady income from trading). I am thinking of working on a trading challenge app where you can challenge others in competitive trading with fake coins so that they learn how to trade while having fun and not losing money.

Yemen is in top10 most poor countries. Do you think that if majority of Yemen population learn new skill as trading, economy of that country would improve? Trading as a skill imo is suitable only when you can use that skill and have resources.

Lets imagine that people became masters in trading and start to make profit. What would be the first thing a lot of people do? Either travel and spend money abroad (not help for own economy), or move to live in other/better country (again no help for own economy). Or not many of them will be willing to pay income taxes, I am 100% sure in that. The more people start to earn, the less they want to share their money. So again help to economy is questionable.

Making 2 dollars out of 1 simply by buying low and selling high is not something that should be scoffed at. However, the poorest probably do not have the time and access for trading, in that point you are perhaps correct. I doubt that even if the majority learned how to trade it would change their lives. But it would improve their lives, even if only by a little bit. Assuming they have the necessary resources for that.

[kotajikikox]

Sometimes I wonder why governments don't look at certain directions. They keep focusing all their policies in certain areas over the years without considering emerging trends. Something like this is definitely going to help the economy. Because when lots of people are engaging themselves in productive activities, it will surely reflect on the economy.

The simple answer is that the government is not keen on making progress because that will take money and time. They do not want to actually do their jobs efficiently so they will always just do the bare minimum for their country and that means sticking with what they already know.

Imagine what the few individuals who learnt these skills are doing for themselves. So if courses like trading and Forex trading are introduced in school and scholars are thought how to go about it, knowing the risks associated to it and how to mitigate the risks, it's definitely going to be helpful to these individuals. The old pattern of educational system is no longer viable, governments should start introducing skill courses that can help individuals stand on their own in the capital market.

The department of education should definitely consider this. Though there probably are courses offered close to learning about the market like economy of course and statistics as well to help you analyze better. For now, let us just make use of the resources available to us.

[bakasabo]

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 agree.
But the main problem is that the learning curve is quite steep and long-term for learning how to trade and you will most likely lose a lot of money while you are still not an expert (which is to be expected since only the top 10% or so of top traders make a steady income from trading). I am thinking of working on a trading challenge app where you can challenge others in competitive trading with fake coins so that they learn how to trade while having fun and not losing money.

Yemen is in top10 most poor countries. Do you think that if majority of Yemen population learn new skill as trading, economy of that country would improve? Trading as a skill imo is suitable only when you can use that skill and have resources.

Lets imagine that people became masters in trading and start to make profit. What would be the first thing a lot of people do? Either travel and spend money abroad (not help for own economy), or move to live in other/better country (again no help for own economy). Or not many of them will be willing to pay income taxes, I am 100% sure in that. The more people start to earn, the less they want to share their money. So again help to economy is questionable.

Making 2 dollars out of 1 simply by buying low and selling high is not something that should be scoffed at. However, the poorest probably do not have the time and access for trading, in that point you are perhaps correct. I doubt that even if the majority learned how to trade it would change their lives. But it would improve their lives, even if only by a little bit. Assuming they have the necessary resources for that.

I am not making fun out of "buy low sell high", but what makes me smile are people who think that with such strategy they would earn, people who does not know about supply and demand. Everyone know basics, everyone can compare numbers and understand what is cheap or expensive, everyone knows that "buying cheap skies in bulk and trading during summer" is a silly idea. But all that knowledge does not make people more wealthy. What I am saying, that everyone already know how to trade, everyone would gladly be involved in trading, everyone do trade, but get benefits from that individually, with no help for economy.

[EluguHcman]

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.

Everyone investing on Bitcoin is at their own risks and the governments can not advice you to venture into such knowing how extremely Bitcoin has resisted them from regulating it.
Even in a fair Bitcoin regulatory regions like the El Salvador, it citizens making use of Bitcoin as it may be legal tenders there is just an alternative while their own traditional currency remains a primary recognized finance. So those using Bitcoin there is at their own risk due to regulatory resistance.

The governments believes the interests of forex traders is proposed that their local currency should fall while the foreign currencies they purchases for local exchange goes high so they could make profits.
That alone has a potential backsliding for the forex traders local values and the exchange platforms too is believed to be manipulating the local currencies against the foreign currencies for the benefits of the traders.
That is why the government sometimes have legal breach of terms with the exchange platforms.

Also noting about the risks of trading and investing on Bitcoin via the panic of highily volatility of Bitcoin market and how the crypto industry is filled with scamming projected shitcoins, it tints fears in a struggling economy so that individuals don't lost their hard earned money at it course. Sounds misleading of the government and would be a slap to the governments  if they are unable to get involved of sanitizing the industries to assure their citizens well guided.

[Bluedrem]

I don't know if there is a study of trading in economics, if not, then economics should definitely include subjects like trading. This will reduce the pressure on the government in terms of employment and allow the country's manpower to contribute to the economy.

[Zoomic]

Everyone investing on Bitcoin is at their own risks and the governments can not advice you to venture into such knowing how extremely Bitcoin has resisted them from regulating it.
Even in a fair Bitcoin regulatory regions like the El Salvador, it citizens making use of Bitcoin as it may be legal tenders there is just an alternative while their own traditional currency remains a primary recognized finance. So those using Bitcoin there is at their own risk due to regulatory resistance.

The governments believes the interests of forex traders is proposed that their local currency should fall while the foreign currencies they purchases for local exchange goes high so they could make profits.
That alone has a potential backsliding for the forex traders local values and the exchange platforms too is believed to be manipulating the local currencies against the foreign currencies for the benefits of the traders.
That is why the government sometimes have legal breach of terms with the exchange platforms.

Also noting about the risks of trading and investing on Bitcoin via the panic of highily volatility of Bitcoin market and how the crypto industry is filled with scamming projected shitcoins, it tints fears in a struggling economy so that individuals don't lost their hard earned money at it course. Sounds misleading of the government and would be a slap to the governments  if they are unable to get involved of sanitizing the industries to assure their citizens well guided.

Everyone keeps saying trading is risky, therefore it should not be introduced in schools. That would just be us hiding under deceit and running away from reality. What is this reality? The reality is that cryptocurrency is the new trend among the younger generation and even the generations to come. So many bad narratives have been pushed against crypto, yet it is still standing firm in the world. Times are changing, and even governments are beginning to see reasons why they should adopt crypto too. Whether we expose young people to trading early or not, they will still grow up to do those things by themselves.

Come to think of it, if trading was that bad, it would have faded away by now and people would no longer find interest in it.

My take on this is that basic crypto trading subjects, including effective risk management strategies, should be taught in schools. These children can advance their knowledge as they grow older. Let's not forget, if we fail to teach them the right things, they may fall into the hands of scammers when they try to learn on their own.

Soon, cryptocurrency will be widely accepted all around the globe, and we won't be able to stop people from learning about it.

[milewilda]

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.

Sort of but i dont believe that government will be allowing it on the curriculum. It might be that be taught on finance subject or some sort but it couldnt be having that solely on having its own subject. It could be included as a topic but not totally be included as a whole topic or lets say it will be getting 1-2 hours lecture. Hence, students are that taking up their specific course on which they are needing up to take and including this on their minor subjects will definitely pain in the ass. Also, come to think that if they do able to see money making opportunity on trading then who would be the ones will be that pursuing into their career jobs? Including those doctors/nurses, policement, engineers etc.. on which in this case if ever they would be that getting interested with trading then it will be that decreasing on the numbers. I do understand on your concern about having that unemployment on which trying out to resolve it out on to those who have been learning it on school but just like on what i have said that i dont believe that government will be making out such consideration.

[DanWalker]

Everyone keeps saying trading is risky, therefore it should not be introduced in schools. That would just be us hiding under deceit and running away from reality. What is this reality? The reality is that cryptocurrency is the new trend among the younger generation and even the generations to come. So many bad narratives have been pushed against crypto, yet it is still standing firm in the world. Times are changing, and even governments are beginning to see reasons why they should adopt crypto too. Whether we expose young people to trading early or not, they will still grow up to do those things by themselves.

Come to think of it, if trading was that bad, it would have faded away by now and people would no longer find interest in it.

My take on this is that basic crypto trading subjects, including effective risk management strategies, should be taught in schools. These children can advance their knowledge as they grow older. Let's not forget, if we fail to teach them the right things, they may fall into the hands of scammers when they try to learn on their own.

Soon, cryptocurrency will be widely accepted all around the globe, and we won't be able to stop people from learning about it.

No government or anyone says trading is bad, they just say it's too risky and they don't ban it. Only a few countries still ban cryptocurrencies but trading (forex, commodities) is not banned in any country. Anyone can become a trader if they want to.

Why bring trading into schools when we can learn for free on the Internet? Furthermore, the mission of education is to provide basic, universal knowledge, not to teach us specific ways to make money. That responsibility is ours and everyone has their own preferences, tastes and trading is just one of thousands of ways to make money in this society.

There is no reason to prioritize trading or crypto when they are just speculative markets and tend to resemble gambling instead of creating intrinsic value to contribute to the development of the national economy.

[shield132]

I think most of the time the word “rich” is actually been used wrongly in this forum. First of all implementing trading as a course of study in any level of education can never be possible because of the volatility or risk involved in trading, the government has already made Bitcoin investment look like a gamble so just imagine something like trading which carries higher risk getting implemented, it is almost a certainty that it cannot work. Best I see is the idea of the bitcoin network (blockchain in general) been thought in school other than that nothing more.

As for the statement about many people using trading to get rich I can’t say many people actually got rich through trading but there are certainly traders who had it better through trading, they could have been living below $1k but certainly they currently have a better portfolio size than that. There are many who even flip there money upto 100x from trading, but it is not much. Those living flashy lives either have mentorship programs and other businesses that supports there needs but there are certainly successful traders who don’t sell mentorship

The government didn't make Bitcoin investment to look like a gamble, I haven't heard such a bad promotion from the government about Bitcoin trading but it's true that they say that Bitcoin is volatile and not a safe asset. Btw exchanges are the real reason of making trading associated with gambling because they offer up to 150x leverage on futures trading and they often artificially dump and pump the price to liquidate customers.

From my experience, successful traders are those who have a big patience, don't rely on trading income and trade only when it's the right time to trade or there is another category and they are called whales, who own enough money to manipulate the market and generate the profit.

[DaNNy001]

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.

Good point, there are things that would not really be easy for students to understand especially when we are talking about treading.. This is way too complex for them to assimilate, there's a reason why most schools teach 15 subjects because they know that these are vital things that are needed to become more intelligent..A kid can't learn trading as a subject because it's way to complex to understand at that phase.This is in no way going to fix the economy.

[AmoreJaz]

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.

Good point, there are things that would not really be easy for students to understand especially when we are talking about treading.. This is way too complex for them to assimilate, there's a reason why most schools teach 15 subjects because they know that these are vital things that are needed to become more intelligent..A kid can't learn trading as a subject because it's way to complex to understand at that phase.This is in no way going to fix the economy.

They can teach basic courses leading to the acquisition of knowledge in trading. Of course, they won't introduce trading right away. Like for example, stock market from scratch for complete beginners. You won't introduce it to students without any background at all with certain subjects. Do remember, we start our mathematics using visual aids and not directly with numbers.