Teens becoming millionaires with online trading

Turning to a millionaire as a teen is now as simple as ABC using online trading. Smart teens are now topping Forbes list with outstanding online trading skills.


Trading online at a very tender age is sweet and a shortcut to becoming a millionaire within a shortest possible time.

Most of the successful and powerful online traders who we look up to started their online trading journey as a teen.

They say early to bed, early to rise, so it's absolutely cool to start early enough when it comes to online trading because you will definitely have more time to explore and learn more about online trading and you will also be able to take more advantageous risks more than those  that joined the online trading world late, with other responsibilities they have, like fatherly and motherly responsibilities.



Before you open a trading account and start trading online you need to be atleast 18 years of age upwards in America.
However, if your below 18 years of age, you can still join your fellow teens and trade online with the help of a parent or guardian.
The parent or guardian will then help in opening an account for you and you will start trading online as a teen.

Another important thing to teen online trading is learning the basic skills and strategies needed in trading online.
It is advisable to start trading on Simulator / Demo accounts before trading real stocks, forex, futures etc.
As a newbie in online trading you can start with schwab or fidelity trading account.
However, there are still other more good online trading platforms you can try out apart from schwab and fidelity.

Teen online trading advice

Before you think of trading online you need to have some money saved up. If you haven't saved some money for this venture, then this is the time to do it.

• Learn first what it takes to be a successful teen online trader. Find a good online trading account that suits your needs and get a demo account. The demo will help you in mastering some few techniques and strategies that will help to be successful in real trading.
• Prepare your trading strategy and move over to a real trading account from demo account. 
• Get yourself a trading portfolio for recording your trades. 
• Don't start with so much money, you can start with few dollars and gradually increase the amount as you get comfortable with trading. 
• Always plan your trade before trading and don't forget to master and make judicious use of online trading charts, so that you can come out as a successful teen trader.