Grow your business, income, & life.

Behind-the-scenes training to grow your business and generating income. Strategies and mindsets that work.

Should You Borrow Money From a Friend or Bank to Trade Stocks?

This question shows that you are quite ambitious in your journey. It’s a great thing to be so motivated and ambitious!

Friend or Family Member

Normally I am 100% against borrowing any kind of money in order to trade or invest. Especially from a friend or family member – it can bring tension into the relationship. Even worse, the relationship could be ruined permanently…

Bank

Banks are a bit different. You really shouldn’t borrow from a bank to do your trading, because you are likely dipping into your savings or money you live off of. You never want to be forced to live off your trading income – especially at the beginning.

Bank borrowing shows that you don’t have the funds necessary to invest from your own money. Most brokers these days (online brokers, discount brokers) do not have large minimums if any minimums whatsoever.

You can put in $500 to get started, especially at the beginning if you don’t even have a month of trading under your belt. It isn’t wise to borrow money at the beginning of trading, because you are likely to make rookie mistakes…

Rookie mistakes or trading problems include fat finger error, entering the wrong trade at the wrong time, or mistyping a ticker symbol. There are many factors that come into play if you don’t have much experience under your belt.

If you had a Ferrari, and your friend’s 16-year-old son asked to borrow the vehicle – would you let him? Would you allow a 16-year-old to drive your expensive, exotic car with hardly any driving experience?

Probably not. Just like it’s not wise to borrow an exotic car when you’re 16, it’s not wise to borrow capital as a new stock market trader.

Join other stock who get a trading edge each week with our newsletter

Get our free stock market tip, video reviews, and exclusive announcements.

No spam, no gimmicks, no junk - Unsubscribe anytime

I'M SASHA.

Thanks for joining me on my trading website where I share with you about trading stocks and options.

DOWNLOAD 100 Stock trading tips Book

Ready to check out some of our best-selling books that can help you become a better and more profitable trader? Check them out by clicking the link below… 

Video recaps on the recent market trends

Summary of recent market activity looking at swing chart opportunities, potential setups, and technicals.

Stock market picture charts annotated

Quickly review screen captured stock charts with annotations. Includes support, resistance, ABCD patterns, and possible breakouts.

want some helpful advice?

Pay-Per-Minute Coaching

I am scheduling helpful coaching sessions for people who are interested in real-world advice & guidance where you only pay per session. No long term commitment required.

This website and content is for information purposes only as Rise2Learn, TradersFly, and Sasha Evdakov are NOT registered as a securities broker-dealer nor an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Rise2Learn, TradersFly, and Sasha Evdakov cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Rise2Learn, TradersFly, and Sasha Evdakov in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Rise2Learn, TradersFly, and Sasha Evdakov accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Ready to Learn Profitable Strategies to Trading Stocks?

If you are serious to learn how to trade stocks more profitably, make more money, and trade with confidence...

 

Then sign up to get our free educational videos!

AWESOME!

In order for you to get your goodies and freebies you have to confirm your email address.

 

To confirm your email address, just go to your email inbox (or check your spam) and click the link that's inside the email that states you want to receive messages from us.

 

That's its!

Just one more thing... 

Ready to Get Our Educational Videos Each Week?

If you are serious to learn how to trade stocks more profitably, make more money, and trade with confidence...

 

Then sign up to get our free educational videos!

5853

AWESOME!

In order for you to get your goodies and freebies you have to confirm your email address.

 

To confirm your email address, just go to your email inbox (or check your spam) and click the link that's inside the email that states you want to receive messages from us.

 

That's its!

Just one more thing...