Prepare yourself for the worse, don't dream of making them experts. I have already had twice the experience you are speaking about. Twice a failure. Children can be very different from parents and also from brothers and sisters. The two failures were for different reasons. There are a lot of boxes to be ticked to become a good trader. Missing some of them can make the difference between failure and success.
That's about a child of 14, though (and I started learning to trade when I was 13/14, myself). There's a world of difference between that and being 5 years old, though, surely??
need to think out of the box here - what skill(s) can NOT be replaced by AI? AlphaZero became the god of chess, from scratch, in 4 hours. by the time your daughters grow up, there won't be much left for humans to do.
Robert Kiyosaki's Cashflow board game is geared toward increasing the participant's financial intelligence in a playful manner. He has also created an add-on that builds on the stock market component. Regardless of how one feel's about his business model, the Cashflow game is part of his better work. It's geared toward 10yrs and up, so at 5, it might be more advantageous to encourage creative play away from any agenda other than just being a kid. This includes periods of being bored and unproductive. edit: Imho, it's more advantageous to encourage meditation and inspiration arising from within than to attempt any outside programming and conditioning. Most folks that I've witnessed at parenting treat their children as "mini-me's in the past". Encouraging behaviors in their children that have more to do with the parents values instead of focusing and encouraging a child's own relationship with their own inner knowing and guidance.
The interest of a 5 year and then later at the age of 15 are almost always different. Never mind once they reach 25 and much older. You are "Putting the cart before the horse" if you ask me.
Learning about options theory, Black scholes model etc is all very achievable. Being able to trade it profitably is a totally different thing... For each variable in BS model, ask yourself whether u can predict any of them better than the market. Example Are you able to predict vol better than all the pro players in the market?
very thoughtful posts. I think once she matures, options are still around and hopefully done by humans as it has been for hundreds of years. thanks.,