I have a friend who has quite great trading skills, almost every trade he manages to make a profit. But I see he always uses capital
under $ 500.If in my opinion he should use a large capital of at least $ 5,000 to get greater profit. I suggest to him to borrow from
the bank as trading capital, but he refused with the reason too risky and insecure. I want the opinion of you members of this forum,
whether to use capital from bank loans unsecured and risky if used trading by traders who have good skills? even though in my opinion
safe as long as we can make a profit and smoothly repay loan installments to the bank.
Your friend is right. It's wrong and high risk taking out a loan from a bank to trade because any losing trade on his part will cause him to panic. Trading doesn't need panicking and banks don't like excuses once it comes to repaying a loan. No excuses whatsoever. This is where you get to hate the bank. Let him build on his small capital and with constant profits from winning trades it will grow. Then he can take bigger risks and bigger profits.