Friend or Family Member
Normally I am 100% against borrowing any kind of money in order to trade or invest. Especially from a friend or family member β it can bring tension into the relationship. Even worse, the relationship could be ruined permanently…
Bank
Banks are a bit different. You really shouldn’t borrow from a bank to do your trading, because you are likely dipping into your savings or money you live off of. You never want to be forced to live off your trading income β especially at the beginning.
#tradingtips #starttrading #tradingbeginner #tradestocks #borrowtotrade #tradingdept
Posted at: https://tradersfly.com/blog/borrow-money-from-a-friend-or-bank-to-trade-stocks/
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