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.
That's too risky mate even though you know that you are capable to multiply it easily. Your frined is just playing safe perhaps he's not too confident too much to take the risk of loaning from the banks. I myself will do the same thing as I know myself that I'm not professional. It's better in my opinion to just take the risk money that it's really yours thus if things went suddenly, it'll be feasible for you to recover it within a shorter period of time.
It is risky and even I wont really tend to make such step just to have more capital to trade.I would rather choose on letting my capital grow until it would come to
a point that it would become bigger and do give out advantage.You wont mind on repaying something in the end of the month which means its less stress compared
if you do have obligations to pay up and also it wont really be worth if you do trade up on something that you have just borrowed and as said
you cant be sure on how the market moves and this will highly affect or do increase out the risk.