Trading using someone else's funds

[Mahanton]

If you have enough money to funds your trading carrier much better to make it alone. In fact, $10,000 is big enough to generate profit in trading that makes no need to get some loan or to have your friend's money. If we assume that you use your friend's money but I don't agree for 50/50 split, it gonna be more share for your side than in your friend because you are the one working in it.
However, these things are not really a good idea...you'll say that you are a good trader which I supposed to think that you can make money pretty easy in trading and could multiply it.

What more can I say? Better do his own business and not use someone else's funds. It will make his life a mess. If what he is claiming is true, being a good trader, there's no need to get money from his friend. As this will be the start of his problems in trading. He should focus on his own account and not be bothered by other things. I don't see any reason accepting someone else's money if you are already doing good on what you do.

Its something logical or even a common sense thing to be done and as been reasoned that he do look for more funds to extent out his capital then he can make it on his own since he's a profitable trader and its true
that when you handle out someones money then thats already a burden thing to add up into your stress and doubts since you do know that you do need to pay them up some interest of their funds and thats a
stressful thing on my side and it would be much better if you do only trade up with your own money since you do know that in case things do come opposite or turn upside down then you wouldnt worry too much
since no one will able to sue or blame you out incase that thing do happen.

[Wawa2013]

If you are a good trader, you won't use other people's funds, I've seen my friend's trading portfolio. And quite surprised my friend was able
to consistently make a profit of 2% -3% per day, of course I finally offered the money I had to use trading capital by my friend. And the profit
was divided 50/50, but my friend refused it. Prefer to teach me the strategies and trading knowledge that it has. So that's what a good trader
should do in my opinion.

[posi]

If you are a good trader, you won't use other people's funds, I've seen my friend's trading portfolio. And quite surprised my friend was able
to consistently make a profit of 2% -3% per day, of course I finally offered the money I had to use trading capital by my friend. And the profit was divided 50/50, but my friend refused it. Prefer to teach me the strategies and trading knowledge that it has. So that's what a good trader should do in my opinion.

You're absolutely right but what i still don't understand about the OP offer is that why he's making all this publicly when almost all crypto exchange site offers leverage trading services if he's indeed good as he claimed he should apply for one.

[YOSHIE]

It is not recommended to borrow people loans and use them in crypto trading. If you are a meticulous & professional trader, of course you know that the risk of crypto trading is very sensitive.

If you use a few dollars of people money and you use it to trade fatal risks for you, if the crypto that you invest / trade does not go up in one year, instead it goes down, surely you are sick of thinking about the payment alreadydue date.

If, you have good trading skills, of course, your own small capital is better, for example; the $ 100 capital that you try should increase to: $ 500 per month / more, the risk is very small, this is professional trading.

[Coin_trader]

If you are a good trader, you won't use other people's funds, I've seen my friend's trading portfolio. And quite surprised my friend was able
to consistently make a profit of 2% -3% per day, of course I finally offered the money I had to use trading capital by my friend. And the profit
was divided 50/50, but my friend refused it. Prefer to teach me the strategies and trading knowledge that it has. So that's what a good trader
should do in my opinion.

Actually this is good especially if he is really a good trader with a solid portfolio. This is just like Fund managers if you are familiar to insurance company that offering investment plan like Pru Life UK. Your friend is just not confident on his trading if he is risking someone money and I understand that too because your friendship might be affected in case his trading went bad unlike fund managers which is protected by T&C. Because trust is the only key on this of partnership.

In OP case, based on his statement he offers a split 50/50 on profit if his friends invest and he didn't mention that it needs to be same amount as his balance. He should clarify it first before he proceed on trading because change the ratio of profit splitting will be a problem once he is finished.

[layoutph]

Personally the idea of loaning for the purpose of trading is like betting it in a casino, and its a big no no for me. I dont like putting money at risk, specially if the money is allocated for my kid's education funds, or money allocated for emergency purposes.

[iv4n]

Personally the idea of loaning for the purpose of trading is like betting it in a casino, and its a big no no for me. I dont like putting money at risk, specially if the money is allocated for my kid's education funds, or money allocated for emergency purposes.

It's not a loan, a guy talks about being a fund manager, what's completely different. Fund manager is a person who manages investments of money on your behalf, for example you give money to a broker, and he makes money for you, or lose money for you. Of course there're successful fund managers with very high successful rates, they make mistakes, but they have more profit than loses overall, what makes them good.
It's for people who don't have a lot of time, but they have a lot of money, of course contracts needs to be made, there are things that manager can and can't do, and how it goes if money is lost! People do that, and it's nothing new.

[bitgolden]

In internet era, due to advanced technical development, through API, trading for someone's fund has become possible. But, in my local classifieds, I have seen about forex trading invitations by offering monthly 5% or 10% returns but not sure how people will believe into such things for risking their money even it is an offer from a registered concern.

From a technical analyst perspective, I could not find any reason why they need to trade for others when they can trade for themselves and make massive amount of profits out of their proven strong trading skills. I cannot agree they do not have enough capital because your capital of $100 may turn into 10 fold of capital if you are having enough skills.

Also as per some of my friends, there is a business model where group of analyst will generate signals and group of traders will execute those signals in markets and they have marketing team to convince investors to invest with them with promised returns. I mean trading using others' fund is already in practice but you need to get established for that so that investors will start trusting you.

[TheGreatPython]

If you are a good trader, you won't use other people's funds, I've seen my friend's trading portfolio. And quite surprised my friend was able
to consistently make a profit of 2% -3% per day, of course I finally offered the money I had to use trading capital by my friend. And the profit
was divided 50/50, but my friend refused it. Prefer to teach me the strategies and trading knowledge that it has. So that's what a good trader
should do in my opinion.

That might be because your friend was afraid that if he somehow ends up in loss with trading he might also have cold shoulder with you and your relationship will be affected because of the trading. I have seen a lot people want to keep trading/business and their personal life separate from each other. Because there are times when money is involved there will be mess and there will be confusion so a lot of people including me prefer to keep personal and professional life apart.

Borrowing money from friends can cause stress for you both because if you take investment from a professional you can always explain them your situation and be straight forward but it is not easy to do the same with friends.

[electronicash]

OP says he is good at what he's doing, i guess he is also prepared to taking risk after all its his friend's money that he'd be trading. when you start to become confident with your skills, it usually mean you really are good at it. you can make a living out of it being a fund manager. its risky but probably profitable. there are people doing it which is why they are showing portfolios on tradingview.

i personally doesn't like the idea of trading someone else funds but i would rather suggest to a friend to learn trading himself. not gonna burden myself.

[Emitdama]

I always told my friend about tradings but not to the point that I’ll trade for them because its too risky and I don’t want them to depend on me. Whether its your close friend or not but you have to realize that trading its not easy and even if you make profit, your friends will just sitting around doing nothing and still make money because of you.

That is the right philosophy but you are doing nothing wrong if they invest under you are you just increase your trade size and make profits for them while taking away a percentage from profits for your efforts while also informing them that there is a risk involved with trading and they might also loose money so if they are fine with that then take their money and trade it is never a problem.

Ask your friends to have their own trading strategy and have fun with them I mean its better if you guys both trade on your own and see who will make more profit at the end of the day. They just need your guidance, but never to spoon feed your friend.

Being immature and doing this is fine like you study of your own and I do my own lets see who gets better marks in exam, but in life and if you are serious about trading you must always take any advice and investment you can as long as you can utilize it effectively.

[LbtalkL]

If you are really confident about your trading skill, there is no need to risk more, $10k is already a big amount no need to add $3k, I got your point bigger capital the bigger possible profit. But what if worst care scenario you lose, you are about to pay a loan plus your own loss double rekt. About separating your funds from your friend, why not make it simple, for example, trade with different coins, BTC/USDT = your fund. ETH/USDT= your friend fund. Even you trade the same coin on both funds, the exchange platform has a history you can compute it from there.

[milewilda]

I always told my friend about tradings but not to the point that I’ll trade for them because its too risky and I don’t want them to depend on me. Whether its your close friend or not but you have to realize that trading its not easy and even if you make profit, your friends will just sitting around doing nothing and still make money because of you.

Ask your friends to have their own trading strategy and have fun with them I mean its better if you guys both trade on your own and see who will make more profit at the end of the day. They just need your guidance, but never to spoon feed your friend.

I dont know if you do just dont like for them to earn money or you just simply dont like the risk involved on handling someones funds.I agree on the fact that it is much more better to trade with your own
fund rather than on someones yet you wont know on when would you fucked up your trade and lose it all or having some deep negative and with that then how do you gonna pay up to those who had invested to you?
Even if im a profitable trader, i dont still consider this option even if i do have the skills yet i cant really just bare up the stress that it do gives which would in result in not making you to trade effeciently.

[ScamViruS]

I do not support trading by borrowing funds from others. If you trade with someone else's funds, you will always have the thought of borrowing money. As a result, your thoughts will have an effect on your trading. Since you trade in crypto, you will have a higher risk on your fund.

Because if for some reason the coin you buy is dumped in a big way, then how will you pay for that loss? I think if you have good trading knowledge then you can trade with your own funds. It is better to trade with less funds than to borrow more funds. This will reduce the pressure.

[Twinkledoe]

I do not support trading by borrowing funds from others. If you trade with someone else's funds, you will always have the thought of borrowing money. As a result, your thoughts will have an effect on your trading Since you trade in crypto, you will have a higher risk on your fund.

Because if for some reason the coin you buy is dumped in a big way, then how will you pay for that loss? I think if you have good trading knowledge then you can trade with your own funds. It is better to trade with less funds than to borrow more funds. This will reduce the pressure.

I would do the same also. Using someone else's funds will give you big responsibility and you feel that you need to deliver afterwards. Whereas, if you are trading your own funds, you are more relaxed on what you are doing. Because whatever the outcome will be, is all on you. So no, don't accept other's money for trading. Let them do their own trading. Better that way in my opinion.

[ScamViruS]

I do not support trading by borrowing funds from others. If you trade with someone else's funds, you will always have the thought of borrowing money. As a result, your thoughts will have an effect on your trading Since you trade in crypto, you will have a higher risk on your fund.

Because if for some reason the coin you buy is dumped in a big way, then how will you pay for that loss? I think if you have good trading knowledge then you can trade with your own funds. It is better to trade with less funds than to borrow more funds. This will reduce the pressure.

I would do the same also. Using someone else's funds will give you big responsibility and you feel that you need to deliver afterwards. Whereas, if you are trading your own funds, you are more relaxed on what you are doing. Because whatever the outcome will be, is all on you. So no, don't accept other's money for trading. Let them do their own trading. Better that way in my opinion.

Yeah. I have seen many people trade by borrowing funds, and making huge losses under the pressure of repayment. Traders are already under a lot of pressure for other tasks including market analysis. So if there is more pressure due to the borrow fund, it will affect the trade. If you trade with your own money, you can comfort yourself even if it is a loss. A trader who knows the market well and knows how to trade well must never trade with other's funds, he will try to increase his fund by trading.

[dunfida]

I do not support trading by borrowing funds from others. If you trade with someone else's funds, you will always have the thought of borrowing money. As a result, your thoughts will have an effect on your trading Since you trade in crypto, you will have a higher risk on your fund.

Because if for some reason the coin you buy is dumped in a big way, then how will you pay for that loss? I think if you have good trading knowledge then you can trade with your own funds. It is better to trade with less funds than to borrow more funds. This will reduce the pressure.

I would do the same also. Using someone else's funds will give you big responsibility and you feel that you need to deliver afterwards. Whereas, if you are trading your own funds, you are more relaxed on what you are doing. Because whatever the outcome will be, is all on you. So no, don't accept other's money for trading. Let them do their own trading. Better that way in my opinion.

Yeah. I have seen many people trade by borrowing funds, and making huge losses under the pressure of repayment. Traders are already under a lot of pressure for other tasks including market analysis. So if there is more pressure due to the borrow fund, it will affect the trade. If you trade with your own money, you can comfort yourself even if it is a loss. A trader who knows the market well and knows how to trade well must never trade with other's funds, he will try to increase his fund by trading.

Very pressured i will say since you do know behind that you do need to pay up something which will really result into non-effective way of trading since things are boggling in your mind.
Theres nothing can be compared when you do trade with your own funds and let it grow by yourself if you are really like to have bigger bankroll or capital.
Its achievable because you do believe that you can profit out.

Some do even take loans in banks or personal loans for them to trade which is really a very very bad idea to be done.

[nelson4lov]

Personally, I wouldn't use someone's fund to trade in the market. The market has a lot of uncertainty and I wouldn't want a situation where I get to owe people should things don't go as planned – If it's someone's money, you would be put in a tight corner if you're unable to pay back. I've seen situations like this and how it has affected people when things don't go as planned. My thoughts?

If you're sure you can do it, then by all means, get on it. People even take loans from bank/other sources. So it's completely normal. But only do this if you're sure of what you're doing. You should also manage your risk while at it.

[Yamifoud]

I would say that I was skeptical about this matter when using funds for the other or even from our friend risking their money for trading, not really a good idea. We know how hard to be in trading, not all the time we are gaining, not so much time to lose either that could sometime lead you into misunderstanding. If I were you, you better start your own money because if you lose, there is nothing to shout in you and blame you...it is just yourself.

You already have the knowledge in trading and that you proclaimed yourself an expert to this, it was clearly an advantage for you to succeed. But anyway, you have a choice and can do what you want. Just only giving some hints.

[AmoreJaz]

I would say that I was skeptical about this matter when using funds for the other or even from our friend risking their money for trading, not really a good idea. We know how hard to be in trading, not all the time we are gaining, not so much time to lose either that could sometime lead you into misunderstanding. If I were you, you better start your own money because if you lose, there is nothing to shout in you and blame you...it is just yourself.

You already have the knowledge in trading and that you proclaimed yourself an expert to this, it was clearly an advantage for you to succeed. But anyway, you have a choice and can do what you want. Just only giving some hints.

you will have no peace of mind for yourself when you use someone else's money. better stick to your funds and not accept others.