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Why not trade your own money?

Sep 16, 2010 at 07:18
Przeglądane 4,396
54 Replies
Uczestnik z May 24, 2020   112 postów
Mar 28, 2021 at 11:26
For myself, I initially determined that trading will only take place in cash, so I can approach your work more responsibly.
Uczestnik z Jan 08, 2021   14 postów
Apr 09, 2021 at 10:46
The simplest answer is risk. You don’t want to risk someone else’s money while trading because the market is highly volatile.
Uczestnik z Jul 23, 2020   759 postów
Apr 09, 2021 at 15:22
It is a risky market. So, don’t invest too much or what you cannot afford to lose.
Uczestnik z Jul 23, 2020   869 postów
Apr 10, 2021 at 12:53
marcellamcguire posted:
The simplest answer is risk. You don’t want to risk someone else’s money while trading because the market is highly volatile.
First of all, who will give you the money. To use someone else money, you need to show him your experience with an excellent track record of trading.
Uczestnik z Mar 17, 2021   536 postów
Jul 29, 2021 at 12:42
irkedduff posted:
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.
I agree with you.
Uczestnik z Aug 09, 2017   785 postów
Aug 04, 2021 at 08:28
We always advised by the senior traders and experts just for learning. but I think we the newcomers have to practice trading besides learning process. Demo account is more appropriate for them and as a learning Process newcomers can depend on Pips School.
Uczestnik z Apr 06, 2021   10 postów
Aug 17, 2021 at 17:13
I suppose that traders always should trade only by their own money because it teaches them a lot. It gains them experience which affords them to make good money. If you're about trading trust funds then you should decide for yourself what do you want to get from trading. Maybe you want to get rid of risks, then why did you come to trading? If you're afraid of risks and decide to take someones account and start trading then you will lose all funds of this person eventually. In my opinion, if your fear is risk then you'd better stay off trading at all.
Uczestnik z Aug 05, 2021   401 postów
Aug 18, 2021 at 15:31
Wouldn’t want the stress - I’m also careful when giving friends that are newer to trading advice. Always remind them that I could be wrong because I don’t want to be partly responsible if they lose. Still, I’m sure someone who is really good at it probably doesn’t stress as much and the money probably does add up.
Uczestnik z Dec 28, 2019   25 postów
Sep 01, 2021 at 19:37
Trading other people's money can be benefitial, but you should take it with care. If you are new to trading, then you'd better steer clear from this idea. You should make your own trading strong and consistent first, and only after it you can make a kind of a mutual fund. This idea can bring you more money, if you know what you do. The bigger your deposit, the bigger profits you'll get.
Uczestnik z Jul 19, 2020   751 postów
Sep 06, 2021 at 11:00
Never trade with other people's money unless you are making good money with your own money. Otherwise it can be a double sowrd for you.
Uczestnik z Oct 16, 2020   137 postów
Sep 21, 2021 at 11:34
Trading with someone’s money is a big risk that one can take. I would rather trade small than borrowing from someone else. Why take the liability on yourself when you can be at peace with trading the capital that you can afford to lose.
Uczestnik z Nov 03, 2020   70 postów
Sep 23, 2021 at 07:01
Unellene posted:
and on what conditions is it interesting to trade other people's money?
Unless it is for account management fund, i do not understand the purpose of that. Lending the money makes sense more as long as you can pay back.
Uczestnik z Dec 05, 2020   11 postów
Nov 12, 2021 at 12:50
Of course, it's more pleasant to trade someone's money, however you will never feel the experience of trading by your own money. This drive, risk, adrenaline which you feel when you trade your own money bring you a lot actually. No doubts, that if you have an ability to trade someone's money, then you can do it. Anyway, I believe that traders always should trade by their own money in order to learn trading activity and get experience. Only by these steps you will be able to become successful, because trading someone's money will never bring you such experience.
Uczestnik z Dec 28, 2019   20 postów
Jan 13, 2022 at 19:40
When you trade your own you feel more emotions, from negative to positive, while you are trading with someone's money, then perhaps here everything depends on how did you get this money. If your friend told you that you can get this money and do whatever you want with it, then of course, you will be emotionless because it will be nothing for you if you will accidentally lose it.
However, I doubt that there are some people who can give you money without asking something in return, as a rule, people ask to multiple the sum and here of course you will feel much more emotons that you would in case of your own accumulations. It's pretty controversial question.
Periwield
Uczestnik z Sep 29, 2020   11 postów
Feb 03, 2022 at 14:38
I know for sure that I will never dare to trade somebody’s money. I’m afraid of taking such huge responsibility. I know that I can’t guarantee anything. I’d better take responsibility for my own trades. It’s much better for me.
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