Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. General Category
  3. Forex Education
  4. avoid trading with a debt burden

avoid trading with a debt burden in Forex Education_68922e7c602bf

avoid trading with a debt burden

Discussion started on Forex Education

Print
Pages: 1 ... 38 39 [40] 41 42 ... 82   Go Down

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
This must be avoided because after all, using debt to trade is a big mistake. In this case, it's best not to focus on paying off debt.
#586 - October 21, 2023, 01:39:51 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
In my opinion, it is true that avoiding debt is important so that we don't use debt when we concentrate on trading forex because the demand for forex trading is for trading purposes for investment.
#587 - October 22, 2023, 01:26:59 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
You don't need to use this kind of thing using Forex trading. It's very important to use it for our own progress, not use it for debt. So you really have to do the right thing.
#588 - October 23, 2023, 02:20:13 AM

Sponsored

avoid trading with a debt burden in Forex Education_6803a6c52eb12
#589 - Today at 12:12:05 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Doing trading is just for investing or making a profit which is your main job if you rush to trade to pay off your debts, in my opinion it will never work because this is not a quick way to pay off your debts.
#589 - October 24, 2023, 01:00:37 AM

Ikhtiar

VIP
  • Hero Member
  • Posts: 20081
  • Points: 2618
  • Likes Received: 418
  • Reputation: +4/-0
The first thing you will feel when trading with borrowed money is psychological pressure where you will feel very heavy if there is a loss, then secondly you will trade with a profit target because you have to return the money.
#590 - October 24, 2023, 09:37:38 PM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
When you trade just to pay debts, in my opinion that is wrong because to pay debts you have to work, not trade
#591 - October 25, 2023, 01:34:48 AM

Ikhtiar

VIP
  • Hero Member
  • Posts: 20081
  • Points: 2618
  • Likes Received: 418
  • Reputation: +4/-0
If you trade with borrowed capital, of course you have to be careful and considerate when opening a position, and most importantly you have to calculate the risk.
#592 - October 25, 2023, 09:52:28 PM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Avoiding debt is indeed important when we trade forex. Our focus here is to increase our money, not to pay debts in any form, so when you trade forex, you must be able to put aside the thought of paying debts.
#593 - October 26, 2023, 01:32:53 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
You must remember that your goal in trading is only to invest in your old age so that you can get big profits from your capital that you have developed, not as a means of paying debts or for daily needs quickly.
#594 - October 27, 2023, 01:32:08 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
in my opinion the dream of trading is to be consistent, not to pay off debt because when you trade just to want to pay off debt, in my opinion it is not something that is effective and in my opinion it is wrong
#595 - October 28, 2023, 01:47:52 AM

Sponsored

#596 - Today at 12:12:05 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
I agree with what you say, avoid debt to trade and avoid trading to pay debt. These are all things we have to do because in reality trading is for investment.
#596 - October 29, 2023, 07:24:23 AM

Ikhtiar

VIP
  • Hero Member
  • Posts: 20081
  • Points: 2618
  • Likes Received: 418
  • Reputation: +4/-0
Price movements in forex trading are uncertain, but when you borrow money the deposit every month is certain, therefore you cannot rely on borrowed money as trading capital.
#597 - October 29, 2023, 09:22:06 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
We are obliged to avoid debt because after all, if you don't avoid debt, it will make it more difficult for you to trade later
#598 - October 30, 2023, 12:59:45 AM

Vernalta

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
Before you carry out trading activities, first determine what plans you have for the future. What is important is that you don't do forex trading to pay debts. Your task here is to increase capital.
#599 - October 31, 2023, 12:58:17 AM

Dyandra

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
we are obliged to avoid debt to trade because in my opinion here our focus is not to pay off debt, our focus is to increase our income every month
#600 - November 01, 2023, 01:25:35 AM
Print
Pages: 1 ... 38 39 [40] 41 42 ... 82   Go Up
  1. Forex Zone - Forex Forum
  2. General Category
  3. Forex Education
  4. avoid trading with a debt burden

Members:

0 Members and 3 Guests are viewing this topic.


avoid trading with a debt burden in Forex Education_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity:


Kraken Crypto Trading