If you borrow money from someone, do not use it to trade or gambling. It will be like you can make money from it within a short period of time but the money will be lost within a short period of time instead.
$50000 is enough to start a good business. Why trading? All I see about it is someone that is not patient and looking for fast money but instead he got into trouble.
This may not be true but there is possibility that something like this can happen.
This might be true, I feel like the guy have experienced lose for the first time in trading Maybe he think that this second time might seems different than that of the first one so he has this strong believe that he will definitely get profited this second time I guess, which is why he didn't even think about using the money for other stuffs that is more reliable than that of trading. Even if one should engage himself into trading but not when it has to do with loan money, because trading is just the same as gambling and of which you and I know how difficult it is before one can be able to get profited. Haven't known this how did you intend to pay back the loan when you're not even sure about the outcome? The truth is that most folks don't think properly before making a decision not until they end up making a mistake that's when they will look for a way to make corrections.