I had a friend who took a loan from the company he works for , about 30,000, which would then be deducted from his initial salary.
He then went on to use this money to trade , now psychologically he was just not ready for it because his whole mindset was just about making a huge amount of money that he ended up loosing everything.
So my advice to people who hurrily invest and use all the have is that the market is never running away.
Do not stake your all! Be patient follow guidelines, learn how to trade safely , thank you!
A pretty reckless decision and maybe he didn't really understand the consequences of trading so taking a loan from his company to trade was a mistake. Most people think they can make big money in trading and they don't understand at all what trading conditions really are. Trading does not promise maximum profits and trading is more risky to lose money if you don't have the right knowledge. This is an important lesson for anyone that taking a loan in trading is not a good decision, especially if they don't understand how to do it properly.
If you are interested in trading, you should learn it first and if you want to run trading, you should use a much smaller capital as an effort to minimize unexpected losses. But it must also be remembered that using borrowed money in running trading is not a good decision because it will be quite risky to lose and will add new problems.