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Trading with borrowed money
Jul 19, 2020 zamanından beri üye
298 iletiler
Mar 25, 2021 at 13:59
Jul 19, 2020 zamanından beri üye
298 iletiler
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.
Nov 26, 2020 zamanından beri üye
30 iletiler
Mar 25, 2021 at 14:52
Nov 26, 2020 zamanından beri üye
30 iletiler
It is very risky to borrow money in order to trade; responsibility is lost and the risk of losses increases.
Feb 08, 2021 zamanından beri üye
1 iletiler
Mar 25, 2021 at 14:57
Feb 08, 2021 zamanından beri üye
1 iletiler
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 ,
Mar 25, 2021 zamanından beri üye
7 iletiler
Mar 25, 2021 at 19:23
Mar 25, 2021 zamanından beri üye
7 iletiler
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
Jul 23, 2020 zamanından beri üye
759 iletiler
Apr 06, 2021 at 14:23
Jul 23, 2020 zamanından beri üye
759 iletiler
It is good, especially for small traders. But it also exposes risk. So, use it carefully.
Jul 19, 2020 zamanından beri üye
788 iletiler
Apr 06, 2021 at 16:35
Jul 19, 2020 zamanından beri üye
788 iletiler
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.
Apr 15, 2020 zamanından beri üye
219 iletiler
Apr 07, 2021 at 06:48
Apr 15, 2020 zamanından beri üye
219 iletiler
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.
Sep 12, 2017 zamanından beri üye
238 iletiler
Apr 07, 2021 at 07:20
Sep 12, 2017 zamanından beri üye
238 iletiler
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
Apr 01, 2021 zamanından beri üye
9 iletiler
Apr 07, 2021 at 09:55
Apr 01, 2021 zamanından beri üye
9 iletiler
Isn't using leverage the same as borrowing money?
Apr 23, 2021 zamanından beri üye
5 iletiler
May 28, 2021 at 11:37
Apr 23, 2021 zamanından beri üye
5 iletiler
I totally agree with what you wrote here.
Apr 23, 2021 zamanından beri üye
5 iletiler
May 28, 2021 at 11:37
Apr 23, 2021 zamanından beri üye
5 iletiler
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.
Jul 19, 2020 zamanından beri üye
751 iletiler
May 31, 2021 at 12:05
Jul 19, 2020 zamanından beri üye
751 iletiler
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.
May 31, 2021 zamanından beri üye
13 iletiler
Jun 01, 2021 at 09:33
May 31, 2021 zamanından beri üye
13 iletiler
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.
Oct 01, 2009 zamanından beri üye
242 iletiler
Jun 01, 2021 at 10:07
Oct 01, 2009 zamanından beri üye
242 iletiler
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.
Apr 15, 2020 zamanından beri üye
219 iletiler
Jun 01, 2021 at 10:41
Apr 15, 2020 zamanından beri üye
219 iletiler
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.
May 25, 2021 zamanından beri üye
9 iletiler
Jun 01, 2021 at 10:52
May 25, 2021 zamanından beri üye
9 iletiler
We are all trading with borrowed money when we use leverage.
Oct 01, 2009 zamanından beri üye
242 iletiler
Jun 01, 2021 at 19:00
Oct 01, 2009 zamanından beri üye
242 iletiler
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.
Jul 19, 2020 zamanından beri üye
788 iletiler
Jun 03, 2021 at 15:45
Jul 19, 2020 zamanından beri üye
788 iletiler
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.
May 21, 2021 zamanından beri üye
5 iletiler
Jun 03, 2021 at 17:16
May 21, 2021 zamanından beri üye
5 iletiler
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
Apr 03, 2021 zamanından beri üye
470 iletiler
Jun 03, 2021 at 23:42
Apr 03, 2021 zamanından beri üye
470 iletiler
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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