Post
Topic
Board Nigeria (Naija)
Re: Avoid going for a loan as a trader
by
Berryfolia
on 05/06/2025, 22:40:40 UTC
First and foremost trading is a risk on its own, den you still have the gut to risk yourself again with loan,automatically that is 2 in 1 risk yuu dey take like diz.
Omo i can’t advice even my worse enemy to indulge in such act because the outcome will not be nice atal,if you don’t have enough money to start trading,you can as well start with you what that is at your own disposal and it must be an amount you can afford to lose incase of any eventuality.

If you eventually borrow money to trade,ah swear emotions will not allow you to rest and it will make you lose most of your trade because of fear.

Sustainable and a profitable trader don’t loan to trade,because;

1.It will instigate fears (ie) making you to lose confidence because of fear of losing someone money.

2. It will destabilize you totally making you uncomfortable when trading.

3.It will pushe you to aggressive trading,most especially when you’re at the point of recovery after huge lost.

4.It induce you to open unnecessary entry when trading etc

Please future trader don’t involve in this mess.