The first step in stock trading is to have a stock account. To open a stock account at a securities company, you must use a bank card to bind a securities account to a third-party depository in the bank. Credit cards are not allowed. The first thing that can be determined is that you cannot use a credit card to open a stock account. If investors want to buy stocks, they can only use their bank cards, that is, the cash in their savings cards, to trade in stocks.
Credit cards are for consumption, not for such risky investment activities. It is absolutely not possible to use a credit card to cash out, as this is an illegal and criminal act. If it is discovered, you will be directly blacklisted by the bank's credit reporting system. If the circumstances are serious, you may also bear criminal liability.
So, for novice investors, if you don’t have money, save money, don’t borrow money to speculate in stocks, and don’t try to use credit cards to cash out to speculate in stocks. The disadvantage of this is that it will make your financial structure worse and worse.
As a mature investor, the first thing you have to ensure is the safety of your principal, and the money invested in loans is obviously unsafe principal. The stock market is like a battlefield, and funds are the soldiers in our hands. Only by protecting the soldiers in our hands can we survive in this market.
And we must be confident, so before we invest, we must learn professional investment knowledge and have a good investment strategy.
The first thing you need to learn is how to take a short position. Only if you learn this well, the probability of losing money in future stock transactions will be much smaller; and then you need to learn how to take advantage of the situation. In many cases, it is often It was all because of greed that he not only threw back all the money he had earned, but also lost his principal.
Remember: When doing stock trading, you must make long-term value investments, and pay attention to long-term growth, rather than getting rich overnight.