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Which bank accept loan for investing in securities ?

  • 19-06-2017 11:01pm
    #1
    Registered Users, Registered Users 2 Posts: 105 ✭✭


    Hi,

    Which bank accept personal loan for investing in securities (day trading eur/usd and gold )?
    I tried every bank and they told me they don´t accept this purpose of the loan.
    Basically every bank has day trading in the same category as casino ((

    Thanks for any tips.

    edit : my track records for all the haters :

    27 days :
    16 winning trades
    1 losing trade ( pending order missed by 0.00002)
    +32 % profit
    -strict rules and working with the expert


Comments

  • Registered Users, Registered Users 2 Posts: 3,240 ✭✭✭Oral Surgeon


    allsam18 wrote: »
    Hi,

    Which bank accept personal loan for investing in securities (day trading eur/usd and gold )?
    I tried every bank and they told me they don´t accept this purpose of the loan.
    Basically every bank has day trading in the same category as casino ((

    Thanks for any tips.

    You should change your post to "what bank will lend me money to gamble it...."


  • Registered Users, Registered Users 2 Posts: 14,039 ✭✭✭✭Geuze


    allsam18 wrote: »
    Hi,

    Which bank accept personal loan for investing in securities (day trading eur/usd and gold )?
    I tried every bank and they told me they don´t accept this purpose of the loan.
    Basically every bank has day trading in the same category as casino ((

    Thanks for any tips.


    Thankfully, banks have more sense now, and will not lend to anybody for the purposes of daytrading shares and currencies.


  • Closed Accounts Posts: 2,006 ✭✭✭bmwguy


    Save up some money then start trading. Sorry for being blunt but no way should you borrow to speculate. Banks do trade themselves but they diversify, hedge, insure, reinsure, have models and exit strategies etc...which you will not be doing


  • Registered Users, Registered Users 2 Posts: 84,761 ✭✭✭✭Atlantic Dawn
    M


    Have you got any business plan or proven track record in investing in securities? How much of a loan are you looking to get?


  • Registered Users, Registered Users 2 Posts: 25,622 ✭✭✭✭coylemj


    OP, how would you feel if a friend asked you for a loan because he was off to the races to bet (with your money) on a 'dead cert'?

    Most stock markets are at record levels, it sounds like you've been reading this and want to get on the gravy train. The trouble is that that makes you a 'follower' - the people who get in last and who end up as the biggest losers when the markets start going down again as they surely will.

    Gamble with your own money.


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  • Registered Users, Registered Users 2 Posts: 24,559 ✭✭✭✭lawred2


    allsam18 wrote: »
    Hi,

    Which bank accept personal loan for investing in securities (day trading eur/usd and gold )?
    I tried every bank and they told me they don´t accept this purpose of the loan.
    Basically every bank has day trading in the same category as casino ((

    Thanks for any tips.

    lol


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