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What if we trade with loan money? in Forex Education_67f83ac065b44

What if we trade with loan money?

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Yengoc

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using borrowed money is very important when you borrow something you shouldn't be able to use it clearly
#511 - June 22, 2023, 01:59:07 AM

Vernalta

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You should not use this because it is very high risk and cannot be used for the long term
#512 - June 23, 2023, 01:15:03 AM

Dyandra

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the answer is definitely not good. When you use capital with the result of debt money it will not be effective for the growth of your account and that is clearly not allowed to be done in the business world using debt it can only be done when you are in an urgent situation for living expenses Not for business expenses
#513 - June 25, 2023, 04:34:13 AM

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#514 - Today at 02:21:46 AM

Vernalta

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trading with borrowed money is actually not good because there will be many negative things that can lead us to catastrophic losses, one of which is when we use borrowed money for a while we can return it and this is what makes our psychology damaged and not calm because we are demanded to be able to return
#514 - June 26, 2023, 02:45:02 AM

Yengoc

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I think actually you already understand the answer. Using borrowed money or borrowing money for business capital or trading capital is not good and is highly not recommended for beginners or professionals, even though you have a good technique, it doesn't guarantee you can return it.
#515 - June 27, 2023, 03:23:52 AM

aphelion

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If you're able to make money with a small amount of capital, you'll likely be successful with any amount of capital you invest.
#516 - June 27, 2023, 05:23:05 AM

Vernalta

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If you trade with borrowed money Then you lose. How do you return the loan Will it not be double the risk, in my opinion, in my opinion, instead of using borrowed money, you can look for bonus trading accounts. will not owe anything and it will be more comfortable
#517 - June 28, 2023, 03:33:50 AM

aphelion

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In general, forex trading is a high-risk activity. If you are using borrowed money, your risk of loss is increased. If you are looking for a bonus trading account, be aware that these often have higher fees than regular accounts.
#518 - June 28, 2023, 10:45:16 AM

Vernalta

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I do not agree with this opinion because the capital should come from you yourself. The capital should not be from other people, even if it is borrowing, because it makes us psychologically unable to be calm when we use borrowed money and this will keep us thinking
#519 - July 01, 2023, 01:39:11 AM

aphelion

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From my point of view, the capital should come from oneself, because this will allow me to have more control over my finances, and this will make me more calm when trading forex.
#520 - July 02, 2023, 01:25:42 AM

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#521 - Today at 02:21:46 AM

Vernalta

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It's better not because it's very risky. When you use something like that, you should be able to take care of your own money without using debt and you have to focus on your own needs.
#521 - July 02, 2023, 03:28:20 AM

aphelion

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There are a few reasons why trading forex might not be a good idea. First, trading is a very risky proposition, and if you don't have experience and know what you're doing, you could easily lose all your money. Second, if you need to take out a loan in order to invest in forex, that could be a problem.
#522 - July 03, 2023, 02:23:08 AM

Dyandra

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Of course, all of that won't be good later, it won't be attractive because using debt using debt capital won't be able to help your account grow
#523 - July 03, 2023, 05:37:09 AM

Nettawa

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for sure the answer is not suitable because using debt is not a reason to trade in this case you should be able to avoid it in one way or another
#524 - July 05, 2023, 06:56:29 AM

Vernalta

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Never use debt capital to do any business, including engineering, because this is very risky to lose capital quickly and you can't do it well.
#525 - July 06, 2023, 03:25:43 AM
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