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Trading with borrowed money

michaelshah
May 28 at 11:37
5 Posts
I totally agree with what you wrote here.

michaelshah
May 28 at 11:37
5 Posts
I totally agree with what you wrote here. Trading is very risky and in my opinion, it should only be done with the help of professionals. I personally contact https://www.yhdistalaina.com/lainojen-yhdistaminen-danske-bank/ whenever I have to trade and they help me go through this process as safe as possible. I also think that trading with loaned money is a very dumb and risky thing to do because it can cause a lot of harm to the person that does this.

UweMoench
May 31 at 12:05
464 Posts
It is not a good idea to borrow money for trading. Trading is the riskiest business in the world. Borrowed money makes it worst. Trading should be done with idle money.

eddieteddie
Jun 01 at 09:33
13 Posts
UweMoench posted:
It is not a good idea to borrow money for trading. Trading is the riskiest business in the world. Borrowed money makes it worst. Trading should be done with idle money.

You are absolutely right buddy!
When you lose your own money, you can’t lose more than what you have. But when you lose borrowed money, you can lose more than what you have.

CuongVC (CuongVC)
Jun 01 at 10:07
237 Posts
If you can make money grows, the more money you have (from what ever source) the better.

Forex is risky only because your style is trade too risky.

I agree that if your trade is risky then better don't borrow money to trade.

If you can prove that you can make money grows, tons of money will flow to you.
ele020 (ele020)
Jun 01 at 10:41
211 Posts
eddieteddie posted:
UweMoench posted:
It is not a good idea to borrow money for trading. Trading is the riskiest business in the world. Borrowed money makes it worst. Trading should be done with idle money.

You are absolutely right buddy!
When you lose your own money, you can’t lose more than what you have. But when you lose borrowed money, you can lose more than what you have.

and then you get trapped in a vicious debt trap... you take more debt to trade thinking you will be able to payoff your previously debt and earn profit for future.... which ineed never happens you are left with debt... huge debt and nothing to pay it. .

The more your practice, the more you learn.
LemonFeather
Jun 01 at 10:52
9 Posts
We are all trading with borrowed money when we use leverage.

CuongVC (CuongVC)
Jun 01 at 19:00
237 Posts
LemonFeather posted:
We are all trading with borrowed money when we use leverage.

Exactly!

Know how to trade is the key.

If you can prove that you can make money grows, tons of money will flow to you.
AurelieFrancis
Jun 03 at 14:28
22 Posts
I would suggest using leverage instead of borrowing money because leverage is like borrowing money. Trading is a risky business, and borrowing money can make it worst.

AliaDare
Jun 03 at 15:45
523 Posts
AurelieFrancis posted:
I would suggest using leverage instead of borrowing money because leverage is like borrowing money. Trading is a risky business, and borrowing money can make it worst.

It is very difficult to sustain investment with borrowed money. Trading is very risky so I don't think it is possible to trade with borrowed money.

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