Trading using someone else's funds

[kotajikikox]

That si the most stupid way to trade using funds that does not yours because this will end as careless decisioning because you care nothing big as this is not totally your money.

This same thought in gambling without using your own money that you are willing to lose like that .and also if this is a loaned amount then you are losing two ways as from the interest and the capital of your borrowed money.

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[Inwestour]

right?, its ridiculous, using other people money to trade just gonna get ourself a lot of trouble,trading can go wrong quite literally any time and if OP already have the capital there's absolutely no reason to use other people capital because there are simply too many implications here, they can be demanding their money along the way when the price of the asset you just bought are dumping which you should be able to wait it out for some moment later until the price back up again.
I don't think its any good idea at all to use other people capital for personal trades.
you're not professional fund manager that abide by ethics and law as well as being protected by the term and conditions.

It's not that easy to get access to big money, it doesn't work so that people will bring you the money themselves, for this you need to be registered as an investment or trading company, and there must be some kind of reputation, achievements and recommendations, otherwise you will not receive any funds .

But even if you have everything you need, you need to consider what risks you take on when you plan to trade other people’s money. This is somewhat similar to a loan, where you receive money. You will have to give it back to investors with part of a profit, so it is all a very complex and responsible undertaking.

[Blackie@5]

I see no reason why a good expert trader like this will be reading for someone what you just said , is just like you going to work under a company when you do truly know that you cab own a company all by yourself is not right doing all of this, I believe yiu have some funds with you, how about start up a trade with $10-$20 and start making your profit

[redsun114]

Using someone else's funds for trading always carries the risk of losing those funds. It's important to be prepared for potential losses and have a risk management strategy in place to minimize them. Additionally, it's crucial to have a clear understanding of the investor's expectations and requirements to avoid unpleasant situations in case of losses. It's always better to be cautious and demonstrate responsibility when managing other people's funds.

All that involves staking of money has a risk and if we can lose our own money, why not others? And the consequences are much harder, especially if they expect a lot from us and then we agree about multiplying their money in a much guaranteed way. Other than us to have a risk management strategy, those who own the funds must also have it and if they do, they won't be lending a huge capital and then they will also accept it easily whatever happens to it.

Trading someone else's funds may seem a good idea to trade for free and then earn something but I wouldn't honour my service if I know to myself that I'm not really good enough. I wouldn't handle the embarrassment very well if in case I fail badly.

[milewilda]

Using someone else's funds for trading always carries the risk of losing those funds. It's important to be prepared for potential losses and have a risk management strategy in place to minimize them. Additionally, it's crucial to have a clear understanding of the investor's expectations and requirements to avoid unpleasant situations in case of losses. It's always better to be cautious and demonstrate responsibility when managing other people's funds.

All that involves staking of money has a risk and if we can lose our own money, why not others? And the consequences are much harder, especially if they expect a lot from us and then we agree about multiplying their money in a much guaranteed way. Other than us to have a risk management strategy, those who own the funds must also have it and if they do, they won't be lending a huge capital and then they will also accept it easily whatever happens to it.

Trading someone else's funds may seem a good idea to trade for free and then earn something but I wouldn't honour my service if I know to myself that I'm not really good enough. I wouldn't handle the embarrassment very well if in case I fail badly.

Even if we do say that they are just fine or having those agreements that it is really just that fine that you would be losing those funds or they do accept the risks but we do know that deep inside there would really be those blaming thing or that anger and regrets that they shouldnt have let you handle those funds in the first place. This is where relationship do starts to become having that kind of gap specially if those investors
is one of your friends or relatives whom do put up that trust in you that you could be able to make their investment grow. This is why its always better that if you do saw or know about your trading capability on which
you cant be able to bare up with the responsibility then it would be better that you should really be rejecting out those kind of fund handling or something that you would really be the one that would trade for them.
If you dont like on getting blamed then better to trade on your own to have that peace.

[boty]

That si the most stupid way to trade using funds that does not yours because this will end as careless decisioning because you care nothing big as this is not totally your money.

This same thought in gambling without using your own money that you are willing to lose like that .and also if this is a loaned amount then you are losing two ways as from the interest and the capital of your borrowed money.

Yes, of course there are some people who are irresponsible in using capital that has been given by other people and this will make those who spend capital lose their trust because they do not use the capital that has been given properly.

Using loans that have interest of course we have to do it very carefully and if we can't do it well it would be better for us to avoid this because it will be very difficult to pay off debt that has interest if we fail in the trading we do and it would be better we only use funds that we will not need for other purposes.

[Peanutswar]

If I added the funds to my own account how can I keep track of profits? Could I calculate the percentage of what the newly added funds are compared to my current funds? And if I need to cash out or share profits in the future, I would take that percentage of my total funds and remove them?

For example, if I currently have $10,000 and am loaned $3,000, bringing me to $13,000, could I take the percentage of the loan (23%) and multiply it by my ending balance? So,if a year later, my ending balance is $37,245, would taking 23% of this balance ($8,566) provide me with the correct amount of funds? Then take the 50/50 split profit amount ($4,283) and send it back to the loaner? Does my math seem to add up?

Trading platforms now don't limit creating an account for their traders, its good that there's a separated account for your personal trades and other trades like you've said the service you are offering that's all so you or even the other party can make sure that there's a tracking of trading progress if it's profitable or not. Another thing is why you take too much worry with the computation. You are a trader, and percentage is part of your routine. If you will do a joint trade you don't need to worry about the percentage of yours and the other party.

[nara1892]

However, I think it is too risky to trade with other people's funds, I understand that there must be an agreement behind the scenes between you and the person who will fund you especially in terms of profit sharing, but what must be remembered is that trading is a risky activity and also involves a person's mental and psychological especially when you are in a bad situation such as a loss.

On the other hand, even if you are a trader who is experienced enough and has good management regarding the planning you have as well as risk management such as having TP and SL, I think it is still possible for you to get carried away by emotions due to experiencing unfavorable situations such as experiencing consecutive losses which ultimately have an impact on your mental and psychological state, trading really requires calmness to be able to make decisions that are really right but it is very possible for every trader to experience situations where they are difficult to control their emotions which in the end what usually happens is that they make decisions based on their emotions which usually end up with greater losses and if in that situation you trade using other people's funds then obviously it will create a problem between you and the person who funds, therefore I think it is better to avoid and better use your own money to trade because after all this activity is very sensitive to a person's mental and psychological.

[terrific]

I see no reason why a good expert trader like this will be reading for someone what you just said , is just like you going to work under a company when you do truly know that you cab own a company all by yourself is not right doing all of this, I believe yiu have some funds with you, how about start up a trade with $10-$20 and start making your profit

Start with small amounts so you won't regret when you lose that money and capital of yours and you learned somehow with that small capital.
If you're going to use someone else's fund, you will be at risk and might feel more emotional when that person's money is losing on your hand.
Don't add a big trouble to yourself by touching other's money and using it for trading and even in gambling too.

[benalexis12]

Hello. I've been quite successful so far in my trading endeavors. So much so that I've been offered a decent amount of money to trade with if I split the profits 50/50. I just have some questions on how I can go about doing this carefully.

How can I ensure that I am keeping track of when I am using their funds and when I am not? I guess I could always open a second trading account which would keep the funds separate, however, this would be a bit of a pain having to sign in and out of multiple accounts.

If I added the funds to my own account how can I keep track of profits? Could I calculate the percentage of what the newly added funds are compared to my current funds? And if I need to cash out or share profits in the future, I would take that percentage of my total funds and remove them?

For example, if I currently have $10,000 and am loaned $3,000, bringing me to $13,000, could I take the percentage of the loan (23%) and multiply it by my ending balance? So,if a year later, my ending balance is $37,245, would taking 23% of this balance ($8,566) provide me with the correct amount of funds? Then take the 50/50 split profit amount ($4,283) and send it back to the loaner? Does my math seem to add up?

Thanks.

Edit: Just so everyone knows, a close friend of mine has asked me to trade with some of their money. They have witnessed my trading and know that I am profitable. It is NOT a random person as others have suggested on this thread. Either way this does not matter and I would like to keep the discussion on topic.

First of all, you yourself said that the endeavors you are doing in trading are good. Right? Now, if the result of your trading is really good, why would you take a loan? That's not the true mindset of an experienced trader in an industry like this, you know.

We know that debt is just an extra headache for us, really. Now, to what you say is a friend, I will tell him that I will not be able to trade the money he entrusted to me because he knows that I am deep in trading. Because it seems to be coming out, and what used to happen to me was that I condoned his laziness to earn money. Maybe I'll tell him to learn trading, at least, because if later he loses and doesn't make a profit from trading, he'll blame me in the end because our friendship is ruined because of that kind of thing.

[Franctoshi]

Talk to them about the percentage, not a good idea to just follow our suggestions to you how should be the dividend. Both parties should agree to the deal, win or loss. Since you are the one managing their money, try to include your "talent's fee" to them.

However, I don't know why these people offered you to trade their money. Do you mean they witnessed how good you are? Who are these? Friends or random people? I just hope they are really the ones who offer you to trade their money and not the other way around as I found it suspicious.

This account management of a thing usually doesn't end well, I tried it during my early beginning in trading, these so-called account managers ended up blowing my funds and apologize in the end, even some that claimed to trade with robots all blew my account, the worst thing to do is even sending the trader the money to trade for you, they will blow the funds and even block you from reaching out to them, and you can't do anything about that, if you find the right person to manage your account, If you don't have time to learn and to trade yourself, the best way to go about this is giving them your MT4 login while you are still in control of your funds periods, and should things start getting off base, you just change your MT4 login password.

[$weetne$$]

Using loans that have interest of course we have to do it very carefully and if we can't do it well it would be better for us to avoid this because it will be very difficult to pay off debt that has interest if we fail in the trading we do and it would be better we only use funds that we will not need for other purposes.

Using loans shouldn't be done when trading, if the loan has interest that should be a more reason why you shouldn't use the loan for trading because you can put yourself into debts that is increasing in the interest, the interest can get to an amount that you won't be able to pay the interest and you still have the main loan to pay also. Trading can be done with the little money that you have and you can continue building your account until you have more money to make bigger trades and make bigger profits. Don't be so desperate to make money when trading and borrow to trade because you can't pay back. Trading isn't something that you should be doing with money that isn't your own because you can lose all your money from trading the wrong coins at a time when they're falling in price.

[synchronym]

You have achieved success through trade very easily, why should you trade with loans? Trading with loans is never a wise thing to do. Because by loan if we use that loan money to trade, many times it is seen that luck is not with us. If you lose money by trading, then by loan it will be very difficult to pay back the money that you have traded. Because you already have money you can trade with your funds. Op I will say you are very lucky many people don't get success even though they are very experienced. You only got success once you trade. Success came very quickly so your luck is very good. Many people do this trade. Through this you are losing a lot of money even if you have a lot of experience, you have to lose money while trading for a long time, you have managed to gain a lot of money at once. So you can trade again with the capital you have without worrying about the loan it will be good for you.

[Hamphser]

Using someone else's funds for trading always carries the risk of losing those funds. It's important to be prepared for potential losses and have a risk management strategy in place to minimize them. Additionally, it's crucial to have a clear understanding of the investor's expectations and requirements to avoid unpleasant situations in case of losses. It's always better to be cautious and demonstrate responsibility when managing other people's funds.

All that involves staking of money has a risk and if we can lose our own money, why not others? And the consequences are much harder, especially if they expect a lot from us and then we agree about multiplying their money in a much guaranteed way. Other than us to have a risk management strategy, those who own the funds must also have it and if they do, they won't be lending a huge capital and then they will also accept it easily whatever happens to it.

Trading someone else's funds may seem a good idea to trade for free and then earn something but I wouldn't honour my service if I know to myself that I'm not really good enough. I wouldn't handle the embarrassment very well if in case I fail badly.

Even if we do say that they are just fine or having those agreements that it is really just that fine that you would be losing those funds or they do accept the risks but we do know that deep inside there would really be those blaming thing or that anger and regrets that they shouldnt have let you handle those funds in the first place. This is where relationship do starts to become having that kind of gap specially if those investors
is one of your friends or relatives whom do put up that trust in you that you could be able to make their investment grow. This is why its always better that if you do saw or know about your trading capability on which
you cant be able to bare up with the responsibility then it would be better that you should really be rejecting out those kind of fund handling or something that you would really be the one that would trade for them.
If you dont like on getting blamed then better to trade on your own to have that peace.

I do have on the same feeling and same thoughts on this one on which i dont really like on getting blamed or they would be pointing out their fingers on me on the time that i have lost up entire their money.

I would really be having that much preferred on using up my own fund rather than on others, i would rather have that borrowed capital rather than on using up someones fund as capital.
In this market there would really be no assurance on which its always been best that you should really be trading up with your own funds if you dont like for some potential problems in the future.
If you are someone whose really that confident with your skills then its an advantage since you could be having a capital but always be wary on whats the risks
that you've been carrying on which this is something that cant be so simple.

[Litzki1990]

Usually seen in the business case when a businessman borrows money from others and invests in the business and when the businessman invests labor time to grow that business, then the person from whom the businessman borrowed money later seeks the opportunity to become a partnership with the businessman. We see this in physical businesses but this is not possible in virtual businesses. Although this is not possible, trading with other people's money is not safe at all. The other person may need money at any time but it is certain that your trading will not be profitable at any time, so how will you return your money if that person asks you for his money back when you have a temporary loss in your trading. You might think there's a chance it won't happen, but I'd say we try to focus more on what's sure to happen rather than looking for probabilities. Since there is a fear that if we borrow money from others, he may demand it at any time, so we should not borrow money from others and trade with that money at all.

[Nrcewker]

Trading with other people’s money is a big no. Trading means risking money. If you are risking it, then it should be your money only. Why to risk other people’s money? Moreover trading isn’t sure money. Here there is enough chances to fall for losses. Hence if you don’t want to be blamed for the losses, then it’s better to trade with own funds. If you don’t have money, then do micro jobs to gather some money. Using own money while trading also reduces the stress.

[spiker777]

Talk to them about the percentage, not a good idea to just follow our suggestions to you how should be the dividend. Both parties should agree to the deal, win or loss. Since you are the one managing their money, try to include your "talent's fee" to them.

However, I don't know why these people offered you to trade their money. Do you mean they witnessed how good you are? Who are these? Friends or random people? I just hope they are really the ones who offer you to trade their money and not the other way around as I found it suspicious.

This account management of a thing usually doesn't end well, I tried it during my early beginning in trading, these so-called account managers ended up blowing my funds and apologize in the end, even some that claimed to trade with robots all blew my account, the worst thing to do is even sending the trader the money to trade for you, they will blow the funds and even block you from reaching out to them, and you can't do anything about that, if you find the right person to manage your account, If you don't have time to learn and to trade yourself, the best way to go about this is giving them your MT4 login while you are still in control of your funds periods, and should things start getting off base, you just change your MT4 login password.

I find it useless and a total waste of money. Why get into something if you don't have any time for it in the first place? Especially when it's something happening completely online and you don't have any access or reach to the person that you are entrusting your funds to. When you are starting a physical business, the people that you hire to manage the business are all under your reach and you know they can't ruin your business and run away, but that thing doesn't work in online businesses.
So if a person wants to do something online, whether it's trading or starting a business, a website, or anything else, they should make sure that they are doing it themselves or they are hiring people that they know personally to manage it so that if things go wrong, they can catch them and ask them why it happened.

[RockBell]

However, I think it is too risky to trade with other people's funds, I understand that there must be an agreement behind the scenes between you and the person who will fund you especially in terms of profit sharing, but what must be remembered is that trading is a risky activity and also involves a person's mental and psychological especially when you are in a bad situation such as a loss.

On the other hand, even if you are a trader who is experienced enough and has good management regarding the planning you have as well as risk management such as having TP and SL, I think it is still possible for you to get carried away by emotions due to experiencing unfavorable situations such as experiencing consecutive losses which ultimately have an impact on your mental and psychological state, trading really requires calmness to be able to make decisions that are really right but it is very possible for every trader to experience situations where they are difficult to control their emotions which in the end what usually happens is that they make decisions based on their emotions which usually end up with greater losses and if in that situation you trade using other people's funds then obviously it will create a problem between you and the person who funds, therefore I think it is better to avoid and better use your own money to trade because after all this activity is very sensitive to a person's mental and psychological.

I don't even think using somebody's funds to trade is not good the fact that trading is risky what gave the person the courage to even use someone's money to trade and i would not even have any argument with the person i will make sure i will involve the police, but if profit is made i don't think i have the right to the profit because what if the person loses the money i will expect the person to pay me back, so what me i have concern with is my money been safe then immediately i will ask for my money back because i know the risk behind trading so i wont even give him the chance for a second time.

And even with all this management stop loss and the rest I won't be comfortable with another person using my money, being a professional or not, and because if you are not getting what you want then the person might want to take a higher risk. And not everyone knows how to trade and at the end of the day, that money will lost i don't have much to say that the person should give my money. I would just prefer to trade the money by myself i will trade it myself.

[$weetne$$]

Trading with other people’s money is a big no. Trading means risking money. If you are risking it, then it should be your money only. Why to risk other people’s money? Moreover trading isn’t sure money. Here there is enough chances to fall for losses. Hence if you don’t want to be blamed for the losses, then it’s better to trade with own funds. If you don’t have money, then do micro jobs to gather some money. Using own money while trading also reduces the stress.

Using spare money also helps because even though the money is yours but you can't afford to lose it then you shouldn't use it for trading. As a newbie starting to trade newly, you can't win the market most of the times that you're trading and it means you'll be losing therefore only using your spare money for trading will be better. It's not every money that you own that you can be willing to let go. Some instances you might want to try again to trade other cryptocurrency so you can recover your losses because you use money that was meant to take care of other bills for trading but you'll still lose because you'll be trading under more pressure and it'll not make you take good decision therefore while using your money to trade also try to use only spare money.

[Oneandpure]

Actually not problem trading using some else's fund regarding your confidence can take profit or not, but difficult to earn much and consistent profitable in trading and why many traders scared using some else's fund avoid losses later. I think have difficult rule when using some else fund for trading because they want earn profitable around percentage every month but some of them not already with losing position,
its mean after receiving much profit thy want get back their capital have used in trading although the profitable earned more bigger than capital borrowing to the other.
I think better take loan with small loan interested than using some one else fund for trading exactly we have separated profitable earn every time since we use their fund for trading.