Funding initial capital needs for trading using credit cards?

General
1

what do people think about using credit cards to fund initial funding needs for trading ?

has anyone done it before ?

what are pros & cons ?

1 Like
2

If your are new to trading go with your own capital.because you will loose all your capital soon or later.

if you are experienced and have a returns of 50% for month then you can use credit.

1 Like
3

Eagarly waiting for pros and cons ?

4

yes , now the concept of GOOD DEBT vs. BAD DEBT.
or
GOOD CREDIT vs. BAD CREDIT … have to be seriously considered .

5

thank you :slight_smile: , what if i am new but still manage to generate profit :slight_smile: … after posting this question , i thought to myself …when i am so confident of my success , why to consider outside money … let me keep growing my trading capital by trading itself … take earnings out only after a certain preset level has been achieved :slight_smile:

6

if you can achieve double of the interest rate for the credit then you can go with credit.
but be always active in the market,don’t know when the market crashes.

7

so is it legal or not in 2024 ?

8

once start growing, then no need from outside money to trad,e your capital is enough to trade,… .