NEED A LOAN TO TRADE FOREX?
Well, don’t do it! Clear and simple, do not take out a loan to trade Forex. It’s stupid. It’s risky, and it could leave you owing hundreds of thousands of dollars, even if you only take out a few thousand. Any sort of investing should be done with funds you can only afford to lose, bottom line. Trading Forex is a risk, why would you compound that risk for loss with having to pay a loan for Forex every month? Makes no Sense, quick way to lose more money than before.
Where to get Funding For Forex Then?
Honestly, I’m not sure. How does anyone get financing for ideas? Talk to relatives, wait for someone to die. The possibilities are limiteless or limited based on your personal situation. All I know is, I’d be a mother **(#$@#(&$# if I told you it were a good idea to take out a loan to trade in the Forex market. However, if you do have outstanding bills or payments on credits cards that you are looking to consolodate your debt, you really need to try out Prosper. Prosper is the most painless way to take out a loan I’ve ever seen. The only problem I encountered was the fact that I don’t have an official job, I work for myself and lack paystubs and a “pretty” tax return to show their credit department. THE ONLY CATCH. But hey, can you really expect them to let you take out a loan without a little reassurance you can pay it back? Other than that Prosper really is the coolest site you’ll ever see with respect to borrowing money. I’m sure most of you aren’t there yet, but you can also lend money with sweet returns.
Ok, so the most important thing to remember is not to take out a Loan for Forex, whatever you do! Taking out a loan for trading Forex is the dumbest thing a human being can do with respcet to the Forex market. With proper money management you can turn $10,000 into $100,000 very quickly. One of my former Forex mentors had 600% return in under 2 months, if he can do that, I’m sure with some help you can make at least 10-20% with your Forex account a month. Period. I hope this little entry about Forex LOANS helped you out.
Comments
6 Responses to “FOREX LOAN”
6options Says: September 27th, 2008 at 6:50 am
foreign currency options
The US Dollar is weaker today , with the Euro trading through Friday’ s 1. 5744 highs and the dollar versus Yen failing to sustain a brief Asia session test above 108. The British Pound is doing poorly after weak house price numbers. US yields have m…
5click here Says: September 26th, 2008 at 10:14 pm
NEVER TAKE OUT A LOAN TO TRADE FOREX
4clickhere Says: September 26th, 2008 at 9:08 pm
clickhere
Tradesight’ s newly released commodities Report, written from 1— CHICAGO, makes it possible for our customers to achieve this goal to take 20 % of foreign exchange. While the exchanges, the CFTC and Congress itself see room for example, overall the…
3Forex Dude Says: August 1st, 2008 at 8:51 pm
hahaha, I thought there was actually a site where you can apply for a forex loan… hey, that wouldn’t be such a bad idea… risky, but not so bad…
2heartless Says: August 1st, 2008 at 11:43 am
if you take out a loan to trade forex, you have problems…
1CoCoCoCaine Says: July 31st, 2008 at 1:03 am
i can’t believe there’s actually some place you can get a loan for forex trading
2 Ağustos 2009 Pazar
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