Trading is a risky venture and borrowing money for trading is stupid especially when you don't have any prior experience. People lose money in trading when they get greedy. People should acquire basic trading skills and enough knowledge of the market trends before making any decision. Always start trading with a small amount and when you become an experienced trader go for a suitable amount. Spot trading is less risky than futures trading. If a person is inexperienced, he should opt for spot trading. Diversify your portfolio to mitigate the losses.
Having experience and knowledge about trading doesn't even give one the go ahead to take loan for trading. No matter the experience and knowledge one has in trading their is no guarantee that trading will always be profitable, because of the risk involve in trading it is not advisable to take loan to trade because the market is unpredictable. Trading is all about loss and gain and you can never tell what trading results would be like, it is better not to bother to trade than getting loan for trading. The reason why people consider taking loan is because they want profit which they will depend on but because of how the market is unpredictable it is better to have source of income before going into trading. Trading requires a source of income to back it up.