DreamTeam Money Making ForumRegister
Link To Us
Advertise on DTMHelpLog In
Welcome Guest ( Log In | Register )
How do you think is it a good idea to trade on forex a borrowed money? It is a fear a big psychological pressure and and doubts which will hold down trader.
sometimes I do that))
For me, it's better to use own money than borrowing money to trade.
I dont think its a good idea to borrow money for trading especially for newbie who doesnt really know how risky is the forex trading. Its better to start on cents account then make it big, than start on big borrowed money then have a fear of loosing it.
It's not good to start trading with borrowed money. Much better that we use our own money so we can avoid debts if ever we lose. I won't go trading if I know to myself that I have nothing to invest.
Borrowing money is not a good idea because it will often leads to more debt. I prefer to use my own money at least I don't need to think of anything someone to pay.This post has been edited by gracegracia: Aug 14 2012, 10:40 AM