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Can you borrow money from the bank to trade forex?
Apr 09, 2019からメンバー
516 投稿
Apr 27, 2022 at 09:40
Apr 09, 2019からメンバー
516 投稿
feelsofine posted:
I honestly could never borrow or take loan from anything, let alone even from my parents.
The world revolves around debt. Leverage it correctly and it's a game changer. Sadly the majority don't know how to or abuse it and stay poor.
If you can't spot the liquidity then you are the liquidity.
Feb 07, 2022からメンバー
9 投稿
Apr 05, 2021からメンバー
28 投稿
Apr 27, 2022 at 23:18
Apr 03, 2021からメンバー
437 投稿
Forex trading is a risky business, when you are in worse trades, and use the loan for trading, then will make deep regret on your minds, maybe you will get depression because still must pay the loan and you don't have money, keep obeying golden rules investing in risky business, just spent money that affords to lose, one advantage forex can start with low budget trading like $100 even low $10 can start.
Jun 21, 2021からメンバー
33 投稿
Oct 29, 2020からメンバー
18 投稿
May 04, 2022 at 07:04
Oct 29, 2020からメンバー
18 投稿
Yes you can borrow money from banks but never ever think of trading by taking loans. The forex market is highly unpredictable and volatile so you have no certainty of anything. It takes years to earn and only seconds to lose so why take risk. What if you lose all the money due to economic disruption or war. What will you do in such a situation? Don't ever put yourself in that hole.
Oct 29, 2020からメンバー
20 投稿
May 24, 2022 at 18:27
Sep 29, 2019からメンバー
25 投稿
you can, but you sure that it will be beneficial? banks lend money for a percent, so you will have to pay a bit more than u have borrowed before.
if this burden won't be so tough to you, and the level of liability in front of the bank won't hesitate u, why not? banks can lend money but you have to explain for what purposes and prove your financial sustainability. If u really wanna start trading but don't know where to get money, ask your friends or closest people. u can pay them back without any fees and percents. it's twice more beneficial as for you as for your friends, because they know that you will pay them back.
if this burden won't be so tough to you, and the level of liability in front of the bank won't hesitate u, why not? banks can lend money but you have to explain for what purposes and prove your financial sustainability. If u really wanna start trading but don't know where to get money, ask your friends or closest people. u can pay them back without any fees and percents. it's twice more beneficial as for you as for your friends, because they know that you will pay them back.
Dec 03, 2021からメンバー
1 投稿
Aug 10, 2021からメンバー
172 投稿
May 25, 2022 at 02:33
Apr 03, 2021からメンバー
437 投稿
This is not a good idea to borrow money to invest in forex, although possible this is not recommended because the result today is not guaranteed will get the same result for tomorrow, while you need to pay loan installment monthly or daily basis, while possible risk the fund in account trading not growing even worse margin call account make bad life
May 25, 2022 at 06:38
Feb 16, 2022からメンバー
65 投稿
Maximum of the traders don’t have sufficient trading experience so they should not take loan from bank for trading. Lack of experience makes a trader suffer in the long run. So, traders should hard and soul try to flourish their experience in at any cost. But, it’s essential for a trader to be well learned, motivated and mentally-fit for trading.
May 13, 2022からメンバー
33 投稿
Jun 01, 2022 at 09:09
May 18, 2022からメンバー
24 投稿
You can borrow money from the bank as in terms of personal loan. However, it is best advised to not do so. You should always use your own money to trade, and risk only as much as you are ready to lose.
Even if you have a small capital, you can use leverage from your broker to trade with higher capital. Just remember to use leverage carefully with risk management.
Even if you have a small capital, you can use leverage from your broker to trade with higher capital. Just remember to use leverage carefully with risk management.
Jun 14, 2022 at 06:58
Feb 16, 2022からメンバー
65 投稿
No, I will never borrow money from bank for Forex trading because it is risky and life-threatening. There is no guarantee that you can generate profit from Forex trading and can repay the loan. So, it’s never recommendable to take loan from bank to trade Forex.
Jun 16, 2022 at 10:04
Jun 02, 2022からメンバー
32 投稿
I don’t think I will ever take a loan to trade or recommend anyone to do that knowing that trading is a risky job and there is no guarantee that you will be able to make money from your trades. You must take risks with only that money that you can afford to lose. By taking a loan, you will be going beyond your risk appetite.
Jun 16, 2022 at 10:42
Jun 02, 2022からメンバー
23 投稿
I wouldn’t recommend borrowing money for trading purposes. Forex is a risky market. With a debt in your hand, you could make things worse, as this would put you in more psychological stress. Trade with your own money. If you don’t have money, get a job and save money for trading.
Jun 17, 2022 at 04:49
Jan 10, 2022からメンバー
40 投稿
You can, of course. But it is not a good idea. You should avoid such things. If you lose money, it would be a great loss to you. Instead of borrowing money, start gaining the knowledge and learning the skills required for forex trading and save money for trading. Any kind of loan, no matter how big it is, will increase your risk and put you in more psychological pressure, which could lead to debts.

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