After you called someone mentally challenged because he called your sample size of ONE into question? I don't think so. Do your own research or stay uninformed. Your choice. I am done on this topic.
In my very first post, the suggestion was to take a loan if you are good at trading. No where am I assuming OP has the same likelihood of success as me. I am merely suggesting a possibility for their consideration. What I am assuming, (apparently contrary to you) is that OP is not retarded, and thus is able to figure out for himself whether taking a loan makes sense for their situation. Your and others attitude is patronizing and infantilizing, assuming that everyone on this forum needs to be protected from the concept of taking a loan because apparently they are too stupid to not blow up their whole family every time. Maybe you should just be advising people never to trade in the first place, because hey, most traders lose money right? And if you lose money, your kids will starve to death. "Trading? Dear God No.."
I mean, what you are saying is ridiculous on its face. The fact that banks regularly give unsecured loans at around 6-7% interest means that the loan failure rate couldn't possibly be more than a few percent, never mind "MOST" (>50 %) as you claimed. Banks aren't in the business of losing money. Plus as I tried to explain to you, loans for trading are trivial to guarantee repayment on because the money is always liquid. Just pay back before you get a margin call. Glad to hear you are done on this topic. This is likely my last reply to you anyways since I'm getting tired of the way your responses repeatedly ignore most of the actual points I've attempted to make to you.
What you apparently refuse to accept is that there are other things in life than money. There are relationships, trust, and honesty. Otherwise if it was all about money you should perhaps haul drugs for cartels because the profit margins beat any of your own trading. If there was no risk of getting caught or damaging valuable relationships for good then everyone should act purely profit maximizing. But that is not the reality of this world. I don't think you can see that or accept that. Hence any further discussion on this particular topic with you is futile and worthless. Nothing in trading is guaranteed, even in your own trading. When you borrow money and your first trades produced losses you would already be under water. Hence your point on acting upon margin calls is ridiculous.
Right, because what says you love and trust someone more than refusing to lend them money? (Sarcasm) As per usual, it's all doom and gloom with you. You can't even imagine anything positive. Borrowing from family enhances my relationships and trust, it doesn't destroy them. I'm happy to pay them and they're happy to be paid a nice fat interest rate for helping me out. Its great for everybody involved. Uhhh.. it's called leverage. You don't trade with 100% borrowed money. Are you even thinking through these replies at all before you post? I'm actually starting to wonder if I'm being trolled now...