Why not trade your own money?

Sep 16, 2010 at 07:18
Vues 4,755
54 Replies
Membre depuis Jan 14, 2010   posts 2299
Nov 04, 2010 at 20:08
I think that it must be made clear from the start that when account is in profit, fee is payable every last date of the month. If no pay, no trading. I think if trader makes money, it would be stupid for account owner not to pay.
Membre depuis Nov 09, 2010   posts 54
Nov 16, 2010 at 09:16
Trading for someone else has it own benefits too
Slow But Steady
Membre depuis Apr 01, 2020   posts 231
Jun 18, 2020 at 00:12
I think we can trade for others with their money and can share profit and loss equally but also we should involve our own money to give it reality and when our own money will be involved our mind will fully involved in our trading patteren and we will try to make profit with every trade.
Membre depuis Jun 19, 2020   posts 3
Jun 22, 2020 at 12:14
I think we can earn more money with our own money instead of using someone’s money.
Membre depuis Mar 31, 2018   posts 27
Jun 28, 2020 at 15:25

You would obviously need to trade your own Real account, prove you yourself you can be consistent, even when the market condition changes, even through the turmoil. You would need to have skin the game to keep you in check...

Once you can prove this to yourself, you can trade other people's money to MAXIMISE your gains... The problem with retail traders is that we are undercapitalized, so we take to many risks in order to compensate for our account size(Which leads to blowing your Acc).

Once you master trading, you can manage anyone account obviously using appropriate risk management in place, these gains $$$$ wise is rewarding..... consistency is the key.....No point making 10,000K this month and losing 50k next month!!

There's an Ethiopian proverb:

'Slowly by slowly the egg walks'

Meaning you need walk, before you can run, and you need to learn how run before you sprint

Membre depuis Jul 20, 2020   posts 341
Sep 09, 2020 at 18:35
I think the most important thing to trade in this market is to have the proper knowledge and experience of trading. Without knowledge, you can not make money from this risky market.
Membre depuis Sep 07, 2020   posts 63
Sep 10, 2020 at 05:34
It is always expected to trade with your own money for the better profitable return in future. You will need to have a proper knowledge and skill when it comes to trading, else it is all in vain.
Membre depuis Jul 17, 2020   posts 42
Oct 19, 2020 at 11:03
Just different ways of earning I would say.
Membre depuis Jul 20, 2020   posts 298
Oct 21, 2020 at 01:33
Emotions are a very important part of trading. Many traders cannot invest more money they feel comfortable trading with other people's money. It is possible to get quick success if the investment is high. So many people do not trade in their own money but the money of others.
Membre depuis Jul 27, 2020   posts 81
Oct 21, 2020 at 06:12
When we trade other people's money, we are not so much focused on how much we are responsible for our funds.
Membre depuis Apr 28, 2020   posts 52
Oct 21, 2020 at 06:42
I agree, Since our own funds are involved, we are not much bothered by the end results.
Membre depuis Aug 17, 2020   posts 123
Oct 21, 2020 at 18:00
Trading for other people vs for yourself can differ in many ways, especially in terms of emotions and responsibility. The two are not mutually exclusive, of course.
Membre depuis Oct 05, 2020   posts 30
Nov 05, 2020 at 06:59
There is a lot of difference between trading for yourself and for others. We are more focused when we trade our own money because we know the importance of it. There is also an emotional or sentimental value attached to our own money.
Membre depuis Jul 20, 2020   posts 341
Nov 05, 2020 at 07:40
If you don't have proper knowledge about trading and forex, you can not make money from this market. You can face a great loss if you invest your money without proper trading knowledge.
Membre depuis Nov 03, 2020   posts 70
Nov 06, 2020 at 07:39
DoraWalletInvest posted:
Trading for other people vs for yourself can differ in many ways, especially in terms of emotions and responsibility. The two are not mutually exclusive, of course.

Basically what I was thinking.
Membre depuis Apr 15, 2020   posts 83
Nov 28, 2020 at 13:08
But when we trade with personal funds, we are as focused as possible on the trade and on making it successful.
Membre depuis May 24, 2020   posts 112
Nov 29, 2020 at 11:45
Aware of the risks of loss, many are afraid to invest their personal funds, although I think this is a good incentive to be more focused and attentive.
Membre depuis Jul 19, 2020   posts 318
Dec 21, 2020 at 14:21
You can trade with your own money, if you have proper knowledge and skills about trading.
Membre depuis Oct 27, 2020   posts 26
Jan 12, 2021 at 04:18
Yes, losing someone else’s money is very disappointing and there is always a risk with it. Always better to trade with your own money.
Membre depuis Dec 14, 2020   posts 18
Feb 09, 2021 at 05:30
Yes but I believe it is always better to trade using your own money as it reduces the accountability and liability. It is also a big risk if you trade with someone else’s money.
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