I concur, it's no different when I got a credit card and went searching with that borrow money if I wanted to utilize money for trading thats my organization
I concur, it's no different when I got a credit card and went searching with that borrow money if I wanted to utilize money for trading thats my organization
[quote=mitch77;7556821]It likely suggests that the majority of members here are trading small minis or funding larger accounts and positions with credit cards or borrowed money.
I think its very important the majority were trading with borrowed cash. Can not afford to lose, snowballs to conclusions and MM.
Guys,
Trading is made money, trading is similar to a drug, its everything that you dont want to do however you do it. Kinda like smoking
So who cares if credit cards are used, if everyone in the markets began doing just the right thing, well there wouldnt be a market!
Somebody must take the losers money whether it be from a credit card or bank acct the same thing
Well that a majority of accounts are unprofitable so that is not relevant.
in order that they're banning it because it's popular?
[quote=;7556079]NFA appeared at more than 15,000 retail forex accounts also noticed that an overwhelming amount of those accounts were funded by small retail customers utilizing a credit card or borrowed capital, and a majority of those accounts were unprofitable.
Great instance of the majority of retail forex traders, below capitalised and trading with borrowed money.