Can you give your money out to someone to trade for you?

[Enxx]

As for me I would say no because I know of someone that have someone almost $100 to someone t trade for him, but at the end, he lost the whole money.
So what is your own suggestion?

 

[Golden9]

I would not do that, since I can't afford to lose so much now. It also depends on how skilled the person is, and the market conditions. It will be hard to expect profits in the bear market.

 

[Shavkat]

For a long time working online, I always bear in mind that it is a big NO to shell out money virtually. It always falls to being scammed by the scammers.

 

[Bisolami]

As for me I would say no because I know of someone that have someone almost $100 to someone t trade for him, but at the end, he lost the whole money.
So what is your own suggestion?

If the person is able to make some profit, I will surely give him some money but if he doesn't, I won't give him a dime

 

[SHAHID987]

I also not prefer to do this but as a loan I can give money. The point is if I give money someone for business and he face loss then I will also not remain in fair condition.

 

[Bisolami]

I also not prefer to do this but as a loan I can give money. The point is if I give money someone for business and he face loss then I will also not remain in fair condition.

That's true. It will be better if we give them as a loan but we must be sure that they will pay us back

 

[Enxx]

If the person is able to make some profit, I will surely give him some money but if he doesn't, I won't give him a dime

You can't be sure if he will make profit. He might be making profits but when you give him, then he might loss. So profit is not always sure

 

[Bisolami]

You can't be sure if he will make profit. He might be making profits but when you give him, then he might loss. So profit is not always sure

You're right.
There are times that people lose their trade. I will rather not do it

 

[Enxx]

You're right.
There are times that people lose their trade. I will rather not do it

That is why we should learn trading ourselves Instead of giving our money to others

 

[Bisolami]

That is why we should learn trading ourselves Instead of giving our money to others

That's true so that if you lose your money, you won't come and be blaming anyone for it

 

[Enxx]

That's true so that if you lose your money, you won't come and be blaming anyone for it

And also the person you give your money might scam you

 

[Bisolami]

And also the person you give your money might scam you

That's true
Some of them will lie that they are traders but at the end of the day, they will give your money to another trader to help you out

 

[Enxx]

That's true
Some of them will lie that they are traders but at the end of the day, they will give your money to another trader to help you out

So that is why we should learn trading ourselves

 

[Suba]

Actually you don't need to give money to someone to make him trade for you, because nowadays you can use Copy trader, so you will learn a lot about how to trade profitably.

 

[Raja]

Why not if the person is trusted then it's a risk that can be taken to multiply our earnings

 

[Bisolami]

So that is why we should learn trading ourselves

And after learning how to trade, we should learn not to be greedy. Greediness is the fastest way to lose money while trading

 

[Raja]

$100 is not a big amount so if you trust someone you can use this as an investment.

 

[Bisolami]

$100 is not a big amount so if you trust someone you can use this as an investment.

I guess if is not a big amount to you but it is to some people. You're right if we have someone that we can trust

 

[hastral45]

As for me I would say no because I know of someone that have someone almost $100 to someone t trade for him, but at the end, he lost the whole money.
So what is your own suggestion?

It depends upon your level of experience in trading and also your time conveniency. Are you free to have time dedicated in trading?. What is also your level of professionalism in trading?.

 

[LoukiaCharilaou]

As for me I would say no because I know of someone that have someone almost $100 to someone t trade for him, but at the end, he lost the whole money.
So what is your own suggestion?

I would not do that because I cannot afford to lose any money. I find it too risky.