Transitioning from your everyday investor to a true speculator can be a difficult road. There is no magic word that instantly transforms you. It is a task fraught with its own dangers and perils. To be successful at it, you need the right set of tools and the proper mind-set with a healthy dose of desire to make it work.
The trade worksheet helps put you in control of your trading. Calculating your profits and losses ahead of time lets you know if the risk you are taking is a risk worth taking. This is how you gain control of your trading. You become prescient on whether the opportunity you are taking is a good one or not. This puts you ahead of the majority of traders who simply fly by the seat of their pants.
The children also compete locally, state wide, and on the national level. The experience is invaluable. There are also other mathematical games and clubs that children can join that will help develop skills and are fun. Parents should contact their local school district or state level office of Gifted and Talented Programs for this information.
A parent must know what level of math and any other subject, for that matter, that their child is performing at every school year. When children enter kindergarten and the school recommends that children know their ABC's and know how to count to twenty or whatever number, it is the parent's responsibility to make sure the child is prepared prior to enrolling in school.