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Trading with borrowed money
Ahli sejak Jul 19, 2020
298 hantaran
Mar 25, 2021 at 13:59
Ahli sejak Jul 19, 2020
298 hantaran
Trading itself is the most risky business in the world. And when you are taking loan to trade, you are actually multiplying your risk. Trading should be done with idle money. Money that you can afford to lose. Yes you can trade with other's money on profit sharing basis. But for that first you have to prove your consistency in profit making.
Ahli sejak Nov 26, 2020
30 hantaran
Mar 25, 2021 at 14:52
Ahli sejak Nov 26, 2020
30 hantaran
It is very risky to borrow money in order to trade; responsibility is lost and the risk of losses increases.
Ahli sejak Feb 08, 2021
1 hantaran
Mar 25, 2021 at 14:57
Ahli sejak Feb 08, 2021
1 hantaran
It very truly said, but forex trading is practicing economic knowledge and emotions, with smart money management you can earn profit for your self and your lender also but it is not a baby game ,
Ahli sejak Mar 25, 2021
7 hantaran
Mar 25, 2021 at 19:23
Ahli sejak Mar 25, 2021
7 hantaran
I know some gut who borrowed about 30k $
and after a few month he got about 50K
do you think he stopped and bring money back? NO
what a unique person
and after a few month he got about 50K
do you think he stopped and bring money back? NO
what a unique person
Ahli sejak Jul 23, 2020
759 hantaran
Apr 06, 2021 at 14:23
Ahli sejak Jul 23, 2020
759 hantaran
It is good, especially for small traders. But it also exposes risk. So, use it carefully.
Ahli sejak Jul 19, 2020
788 hantaran
Apr 06, 2021 at 16:35
Ahli sejak Jul 19, 2020
788 hantaran
Yes, that's right but I think if I can handle trading knowledge properly then trading is possible with any money. But first I have to acquire knowledge and develop skills.
Ahli sejak Apr 15, 2020
219 hantaran
Apr 07, 2021 at 06:48
Ahli sejak Apr 15, 2020
219 hantaran
You certainly CANNOT take the risk of borrowing money and then trading with it. Its a disastrous mistake. Trading itself involves a very high risk of losing your capital so why would you want to loose borrowed capital and then pay interest on top of it?
The more your practice, the more you learn.
Ahli sejak Sep 12, 2017
238 hantaran
Apr 07, 2021 at 07:20
Ahli sejak Sep 12, 2017
238 hantaran
borrowing money to trade is not at all a good idea. one should borrow money only if there is a surety of money returning. But as forex is risky one needs to be sure before investing or trading
Ahli sejak Apr 01, 2021
9 hantaran
Apr 07, 2021 at 09:55
Ahli sejak Apr 01, 2021
9 hantaran
Isn't using leverage the same as borrowing money?
Ahli sejak Apr 23, 2021
5 hantaran
May 28, 2021 at 11:37
Ahli sejak Apr 23, 2021
5 hantaran
I totally agree with what you wrote here.
Ahli sejak Apr 23, 2021
5 hantaran
May 28, 2021 at 11:37
Ahli sejak Apr 23, 2021
5 hantaran
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.
Ahli sejak Jul 19, 2020
751 hantaran
May 31, 2021 at 12:05
Ahli sejak Jul 19, 2020
751 hantaran
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.
Ahli sejak May 31, 2021
13 hantaran
Jun 01, 2021 at 09:33
Ahli sejak May 31, 2021
13 hantaran
UweMoench posted:You are absolutely right buddy!
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.
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.
Ahli sejak Oct 01, 2009
242 hantaran
Jun 01, 2021 at 10:07
Ahli sejak Oct 01, 2009
242 hantaran
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.
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.
Ahli sejak Apr 15, 2020
219 hantaran
Jun 01, 2021 at 10:41
Ahli sejak Apr 15, 2020
219 hantaran
eddieteddie posted: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. .UweMoench posted:You are absolutely right buddy!
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.
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.
The more your practice, the more you learn.
Ahli sejak May 25, 2021
9 hantaran
Jun 01, 2021 at 10:52
Ahli sejak May 25, 2021
9 hantaran
We are all trading with borrowed money when we use leverage.
Ahli sejak Oct 01, 2009
242 hantaran
Jun 01, 2021 at 19:00
Ahli sejak Oct 01, 2009
242 hantaran
LemonFeather posted:Exactly!
We are all trading with borrowed money when we use leverage.
Know how to trade is the key.
If you can prove that you can make money grows, tons of money will flow to you.
Ahli sejak Jul 19, 2020
788 hantaran
Jun 03, 2021 at 15:45
Ahli sejak Jul 19, 2020
788 hantaran
AurelieFrancis posted: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.
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.
Ahli sejak May 21, 2021
5 hantaran
Jun 03, 2021 at 17:16
Ahli sejak May 21, 2021
5 hantaran
Leverage is any trader's friend. True traders know that! It's a matter of proper risk management.
“The secret of getting ahead is getting started.” – Mark Twain
Ahli sejak Apr 03, 2021
470 hantaran
Jun 03, 2021 at 23:42
Ahli sejak Apr 03, 2021
470 hantaran
Trading with borrowed money is not advisable, because trading is risky, it possible make double stress if trading get fail
choosing leverage also need to pay attention to, low leverage safer than high leverage it can prevent from over trading or greedy.
choosing leverage also need to pay attention to, low leverage safer than high leverage it can prevent from over trading or greedy.
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