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

[Stardom22]

I have never done that nor can I give the details of my account to someone to trade on my behalf.

 

[Bisolami]

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?.

Well that's true but what if the person presents himself as a very good trader and it turns out not to be so

 

[cherry123]

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.

Same here I would not want to do this. Unless we are living in the same house.

 

[Carson20t]

It is not all that easy because alot of people are greedy and not principled to keep to their words but there are still a few people that are actaully principled and do understand the principles of business and actaully do make agreements and laws to that regard.Mostly these people do not ask persistemnly from investors but rather are there to just increase their brand and they are not easy to meet their requirements and demands.

 

[Bisolami]

Same here I would not want to do this. Unless we are living in the same house.

Hahaha
Even though you're living in the same house, he can still run away ooh. Let's be careful abeg

 

[cherry123]

Hahaha
Even though you're living in the same house, he can still run away ooh. Let's be careful abeg

Oh well the person must have been one that I trust though not just a random person

 

[Magnus2022]

Why not? Business involves risk and if you are not risk taker you will not make it. Before you take give somebody your money, you must know his integrity and competence.

 

[cherry123]

Well it will depend it you know the person very well. it can be easy but if you trust the person then better

 

[Bisolami]

Oh well the person must have been one that I trust though not just a random person

That's true
But the problem is that you can as well trust the person but he will still lose the trade

 

[iyanpol12]

I wouldn't. I'd rather learn it. I know many people scammed by those claiming as master traders.

 

[Bisolami]

I wouldn't. I'd rather learn it. I know many people scammed by those claiming as master traders.

This is true. It is better to learn than to give money to someone who you don't even know if he's an expert or not

 

[cherry123]

That's true
But the problem is that you can as well trust the person but he will still lose the trade

Well that's true. But the person just need to try not to lose though

 

[Bisolami]

Well that's true. But the person just need to try not to lose though

It will never be the person's wish to lose but at times it may just be the condition of the market and it will happen the way it is supposed to happen

 

[Enxx]

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.

But before we copy ant trader we must first check there history.

 

[Sanjeev]

I won't hesitate to do it if I know the person and know that he doesn't have a lust for money and a truthful.

 

[Bisolami]

But before we copy ant trader we must first check there history.

There are sometimes that I don't even trust the ants trader so I will rather use to chart

 

[Suba]

But before we copy ant trader we must first check there history.

Yes you are right, we have to select and check their history, and we also don't choose a new account to copy trade

 

[cherry123]

I won't hesitate to do it if I know the person and know that he doesn't have a lust for money and a truthful.

It will solely depends on the kind of person. A trustworthy person wouldn't be a bad idea at all.

 

[Bisolami]

Yes you are right, we have to select and check their history, and we also don't choose a new account to copy trade

I always hear about checking their trade history for real but I guess they may still lose trade

 

[Suba]

I always hear about checking their trade history for real but I guess they may still lose trade

Professional traders are also humans like us, no matter how smart they are in trading, they will definitely meet with defeat or loss. but we will learn a lot from their ways and strategies.