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Forex Zone - Forex Forum
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Forex Education
avoid trading with a debt burden
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avoid trading with a debt burden
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Re: avoid trading with a debt burden
Dyandra
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It's up to you when trading forex. You should avoid debt in any form because after all debt is not an achievement.
#706
- March 06, 2024, 01:07:28 AM
Re: avoid trading with a debt burden
Ikhtiar
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If a trader succeeds in making consistent profits with borrowed money, I think this is a good idea, it means that the trader has succeeded in utilizing borrowed money and considers forex trading like a conventional business.
#707
- March 06, 2024, 10:15:18 PM
Re: avoid trading with a debt burden
Vernalta
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It's best for this problem not to use debt as your dream because after all your focus here is to make money, not to pay off debt or anything related to repayment.
#708
- March 08, 2024, 01:22:50 AM
Re: avoid trading with a debt burden
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Re: avoid trading with a debt burden
Ikhtiar
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what we need when trading forex is actually a stable psychology, so if when you trade and your psychology is unstable using borrowed money then it's best not to do it, but if your psychology is stable in my opinion there is no problem.
#709
- March 10, 2024, 10:59:33 PM
Re: avoid trading with a debt burden
Vernalta
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If you avoid debt, that's a good thing, in my opinion, don't let yourself be influenced by situations like that, the point is for your own progress to make a profit.
#710
- March 13, 2024, 06:51:39 AM
Re: avoid trading with a debt burden
Dyandra
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Using debt is something you really shouldn't do because after all it will make you unable to focus on running it properly
#711
- March 14, 2024, 06:22:26 AM
Re: avoid trading with a debt burden
Ikhtiar
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I am currently trading from the results of my work and not from borrowed money because I don't want to do that. I try to save in my account because if I save at the bank there are lots of administrative deductions every month.
#712
- March 14, 2024, 06:26:07 AM
Re: avoid trading with a debt burden
Vernalta
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If you use debt then you should not do that because after all it will bring something wrong to you and you won't be able to get good results later.
#713
- March 15, 2024, 04:19:56 AM
Re: avoid trading with a debt burden
Nettawa
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When you use debt, it is wrong and you should focus on carrying out trading actively without involving wrong debt problems
#714
- March 16, 2024, 05:36:01 AM
Re: avoid trading with a debt burden
Ascella
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thoughts like this are what make you unable to focus because your goal here is to trade well, not for debt
#715
- March 17, 2024, 05:26:30 AM
Re: avoid trading with a debt burden
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Re: avoid trading with a debt burden
Ikhtiar
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The negative effects of trading with borrowed money are many, because we will trade with mental pressure, because you are required to make a profit every month, even though we know that profit in forex trading is not certain.
#716
- March 17, 2024, 02:22:43 PM
Re: avoid trading with a debt burden
Dyandra
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This is an example of a wrong step that you shouldn't take because when you focus on debt then it will be a wrong opportunity for you.
#717
- March 19, 2024, 04:24:25 AM
Re: avoid trading with a debt burden
Vernalta
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The point is, don't do anything related to debt when your dream is to pay off debt. In my opinion, that is a wrong and misguided dream
#718
- March 20, 2024, 04:46:38 AM
Re: avoid trading with a debt burden
Ikhtiar
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In my opinion, we need a lot of capital for trading and if you have to borrow money from the bank to get a lot of capital, there is no problem as long as you can control the risk.
#719
- March 20, 2024, 01:20:32 PM
Re: avoid trading with a debt burden
Lyra
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I think this is a wrong term that should be flagged as your focus here is for trading so I think you should be able to get rid of this problem
#720
- March 21, 2024, 05:02:40 AM
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