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Trading with borrowed money

Tremblay
Jul 01 at 16:44
330帖子
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 at 08:02
15帖子
When you go into trading with borrowed money, your first concern should be to preserve the principal amount.

jonathandaniel
Jul 08 at 11:24
49帖子
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 at 07:08
338帖子
@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 at 07:32
643帖子
@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 at 07:38
57帖子
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 at 11:48
338帖子
@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 at 13:29
485帖子
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 at 11:09
16帖子
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 at 12:38
485帖子
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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