How Funding an Account With Credit Card Will Harm You

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If you’re thinking of forex trading with credit card, just stop and leave this business. If you’re looking into funding a trading account with credit card, it probably means that you don’t have the money to begin with.

If you trade with money you don’t have and fund a trading account with credit card to solve your problems, very likely it is not going to work out for you.

If you want to become successful, credit cards shouldn’t even be in your wallet to begin with unless you’re super disciplined in using it.

You should open a trading account only when you have savings that you can afford to lose.

If you don’t have money, don’t even go into forex trading. And don’t fkin come and beg me for money. I’d rather donate it to my charity that i love.

Disclaimer:

Advice provided in this video is mere recommendation and I will not be responsible for any losses incurred from your investments or trading activities. Investing and trading is a high risk activity and should be approached with caution. I am not a certified financial advisor. Hence, it is important for you to seek a certified financial advisor to craft your portfolio.

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Singapore youtuber profile:

Karen is Singapore Forex trader, Singapore motivational speaker, Singapore youtuber, Singapore vlogger , author and was ranked #1 in a Singapore nationwide Forex trading contest.

This trader vlog showcases the trading lifestyle and entrepreneurship life, plus weekly motivation for those that are not traders.

It’s also a Singapore vlog where most of the shots are done in Singapore. She will also be bringing you around the island to explore Singapore.

Karen is a motivational speaker based in Singapore and Malaysia and delivers talks that touches the heart of her audience members.

She is a motivational speaker that is well sought after by many schools and event planners as she is known for solving several teenage problems as she has experienced many setbacks as a teenager back then.

Email: karen@karen-foo.com
Website: http://www.karen-foo.com
Facebook: https://www.facebook.com/KarenFooSpeaker
Instagram: https://www.instagram.com/imkarenfoo/

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Music Credit:

We Are One by Vexento https://www.youtube.com/user/Vexento
https://soundcloud.com/vexento
Music promoted by Audio Library https://youtu.be/Ssvu2yncgWU

A Walk in the Park from Youtube Audio Library

Comments

Karen Foo says:

Share with me. How do you raise funds for your trading account?

Winston Arroyobocol says:

Hello…how about credit card to pay a forex training?

mel o shea o says:

Doing a great job let me know if coming to Ireland

mikedok1 says:

Such a crazy idea to try to fund your forex account with a credit card. I’m staying on the grind, working overtime to fund my account.

TryMonster says:

Hello .. now i understand how to read candle sticks. and use other indicators like moving average and macd..(learned all those by watching your great videos)
the next thing i'd like to know is how to find a good entry..
do you recommend only trading on uptrend? i sold a crypto coin at $233 and now it's $182.. that's about 20% gain if i shorted it but now i'm scared to get back in the market to try to gain the lost 20%.. which makes me trade on downtrend. that is against my rule now.. i been trying to find a reversal signals but it's been consolidating for last few days now. if you could give me a advise i would appreciate that

Eddie P.Brown says:

It’s nice I got to understand the basics of forex and trading from my mentor.

Dane Krill says:

Hi karen i would like to let you know that i have started my forex trading in demo account and i earned 73 dollars profit. Ha ha. I know its still a long way to go. Hope i could endure till the end.

Cheng Min says:

Hi Karen, Is JF LENNON is a good strategy for trading? they have a very high fees on their training and only traded usd/jpy currency. Do you recommend this? Hopefully you could give feedback on this.

Annisa Latchman says:

Is I market live a good Forex Trading platform for a beginner?

Mad Dog says:

I love your videos, very informative and helpful. But I have a hearing loss and there seems to be an echo in your audio that makes it difficult for me to hear you, I suspect the same may be true for others as well. Please consult with a professional technician, they can show you how to correct that. Please don't take offense at a criticizer, I only want to improve your product.

odel mOSS says:

Thank u for sharing I appreciate it.

larry sibiho says:

Use good DEBT to accumulate wealth..Credit card can be good debt..Kiyosaki advises

Travel Love says:

Appreciate your efforts.Give us a trading method in forex for long term positional like holding weeks or months..It will help a lot of working professional also…thanks..

Christian Moje says:

Precisely True…Using CC for funding in Trading is just like a double blade that may wounded you for a long time…Deposit first in CC before use it..

Kevin Parsley says:

i can verify the stress as a student with high student loan debt.

Santhanaram says:

You are truly awesome…keep the videos coming.

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