Post
Topic
Board Trading Discussion
Re: Is it okay to trade without a source of income?
by
Baki202
on 11/08/2025, 15:24:52 UTC
Trading without a source of income is not the best way to begin trading,  you need income to begin trading and on the case whereby you have no source of income,  what you will be looking unto is how to take loan to trade because this is the only option when their is no source of income for trading and it is not even advisable to take loan to trade because the trading can't be predicted and their is no guarantee of make as much profit as the amount of money which you took as loan.

If source of income is a problem, then you are not good to go in to trading. Trading is not just about having capital to trade, the market is risky and anything can happen to your capital and if you eventually lose how do you intend to continue with the trade?

And that is one of the mistakes people make when it comes to either trading or investing, and you cannot trade without money, so the best thing will be for them to just source money or go get a job, except for those who are learning how to trade. That will be using a demo account because that is the only way that people can trade without funds because when you are learning, it is always better to use a demo account to learn than to use your real money to invest because when you are using money to invest, then you will lose more, so it is better to use a demo to get more experience.

And when you have a source of income, then everything becomes easier to deal with than not having anything at because, from what is happening currently, the fuel to the car is money, and just like some people will say, you use money to get money back that is a simple principle.