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Trading with borrowed money

Janphil (janphil31)
Jun 03 2021 at 17:16
5 โพสต์
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
Suradi (FXOday)
Jun 03 2021 at 23:42
288 โพสต์
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.

Dictiony
Jun 04 2021 at 00:13
231 โพสต์
I think we should only use the money which we can afford to lose because forex is a very risky business and we can never become successful if we have no skills and knowledge.

winning_trades
Jun 04 2021 at 07:11
48 โพสต์
If you are a beginner then do not ever trade on forex with borrowed money, it is not a easy game buddy! You are risking your time and someone's else money. Better to trade with small amounts and if you don't have money, earn first from other regular sources and then try on it on forex.

RobSchiz
Jun 05 2021 at 11:35
567 โพสต์
winning_trades posted:
If you are a beginner then do not ever trade on forex with borrowed money, it is not a easy game buddy! You are risking your time and someone's else money. Better to trade with small amounts and if you don't have money, earn first from other regular sources and then try on it on forex.

If you don't have proper knowledge about the market, it will be not wise decision to make trade with borrowed money.

Beagelv
Jun 28 2021 at 07:56
81 โพสต์
Sometimes, when we trade with money that we borrow, we lose some control.

Albert Zieba (Master_Z)
Jun 28 2021 at 09:51
7 โพสต์
Do not borrow money for high-risk business. You can borrow to invest in real estate, for example, but forex is too risky environment

Suradi (FXOday)
Jun 28 2021 at 23:39
288 โพสต์
Master_Z posted:
Do not borrow money for high-risk business. You can borrow to invest in real estate, for example, but forex is too risky environment

Yes, I think so, ideally, in real estate, the price will arise from years to years but borrow money also need to pay an instalment, if fail to pay it will become a new problem in life, if possible to live without loan I think will more comfortable to sleep.

Akasuki
Jun 29 2021 at 12:01
500 โพสต์
Doing trading by borrowed money means making the risk double. Trading should be done with your idle money. Money that you can afford to lose.

thespreader
Jun 30 2021 at 09:22
13 โพสต์
Trading with borrowed money is like putting yourself in more risk zone. And if you have borrowed it from any institution then interests will eat up your gains. So no need to borrow, just trade wisely.

Tremblay
Jul 01 2021 at 16:44
330 โพสต์
Akasuki posted:
Doing trading by borrowed money means making the risk double. Trading should be done with your idle money. Money that you can afford to lose.

Every trader should gather proper knowledge before investing their money in this market

marshallbuchanan
Jul 06 2021 at 08:02
15 โพสต์
When you go into trading with borrowed money, your first concern should be to preserve the principal amount.

jonathandaniel
Jul 08 2021 at 11:24
53 โพสต์
Wise words @michihito. Trading itself comes with risk, if we take loans or borrow money in addition to it, then it becomes a very risky one.

Akasuki
Aug 05 2021 at 07:08
500 โพสต์
@jonathandaniel Yes absolutely right. Trading is already risky due to high leverage which is also kind of borrowed money given by broker. Trading should be done with idle money.

UweMoench
Aug 05 2021 at 07:32
751 โพสต์
@Akasuki Yes due to high leverage, forex is a very risky financial market. A person needs good skills, knowledge and experience to make money in forex.

Faujinn
Aug 18 2021 at 07:38
57 โพสต์
That is why, that you need to have good experience and knowledge, a beginner is working with borrowed money with the wrong grid.

Akasuki
Aug 18 2021 at 11:48
500 โพสต์
@Faujinn yes a begginer with borrowed money falls in more danger. No one should do this. It would make you lose all the momey.

croisssan
Aug 18 2021 at 13:29
939 โพสต์
I understand that sometimes this type of work can also bring profit, but I believe that you only need to invest your own money.

Henry (FirstHero)
Aug 20 2021 at 11:09
16 โพสต์
That is, the conclusion is very simple.
First, go to work in a regular job, if you don't know how, then do an internship and earn your first capital.
Then, use your capital as you need it. You can invest or trade on your own.
But life experience shows that after you have worked for 2 years at work with an average salary, in an office or a builder, or in a bar, it does not matter, you will no longer want to invest in forex.
Life will break you.
And throw you out.

Do not be greedy and invest in your business as much as you can.
croisssan
Aug 20 2021 at 12:38
939 โพสต์
I would really not advise you to trade with the requested money. This will lead to far from the best consequences.

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