Trading while drunk is something I can't still relate to because it could have serious consequences on us if we ever make a mistake of entering the market at once with all our funds. Trading is supposed to be fully in our right senses not doing something when our mind can not relate with our brain to get things executed.
We need to know what we are doing in case this eventually happens to anyone of us.
Anything that money is involved is meant to be taken seriously if not thing ming go wrong and we can end up losing crazy amount of funds leading us to blame our ancestors.
Topic: Being drunk while trading what was your experience (Read 852 times)
I can't stop thinking about a trader who has a hobby of alcoholic liquor. we all know that when a person is drunk, his brain function decreases and that person will definitely not be able to control his self-awareness.
besides that how will he maintain his capital to trade while he has a hobby of drinking alcohol and the price of alcoholic drinks is quite expensive? even a trader with full awareness can make the wrong decision what about those who are drunk, I really can't imagine
actually, it's not that surprising. those who trade with large capital, or it's the same as a gambler who goes to the casino with his alcohol, isn't that something common? especially for a trader who can indeed become a habit with the alcohol they drink.besides that how will he maintain his capital to trade while he has a hobby of drinking alcohol and the price of alcoholic drinks is quite expensive? even a trader with full awareness can make the wrong decision what about those who are drunk, I really can't imagine
what becomes a mistake is when they trade with a very drunk condition, it can affect the decisions made. they do not have complete control over thoughts that are no longer balanced. this is indeed detrimental but not something surprising.
Being inebriated while trading is not a negative thing, but I'm not sure how you'll know what to do when you're inebriated but hope to come out on top in that kind of situation. I think that trading when intoxicated, having consumed alcohol, or doing anything else will make you act badly. Trading is undoubtedly not for them. However, I believe that what you needed to do with your friend at the time was to prevent him from working while intoxicated. Because of his addiction, he cannot trade when in his regular state of mind unless he gets intoxicated before trading every night. Therefore, I wish you could have stopped him by doing that at the same time. Because he is at a high risk of losing his money at that point because he is unable to decide where to buy or sell, he will simply act according to his own judgment.
Well,I don't drink because excessive alcohol affects my liver and it isn't just good for my system,and
i haven't gotten this kind of experience before,but one thing I know is that there are some persons who nomatter the amount of drink they drink,they still know themselves and doing anything they do won't be a problem when they drink.Alcohol isn't just good for some persons,and when they force themselves to drink,it will always intoxicate them and they will definitely misbehave and do things in an abnormal way.Drinking and trading doesnt sound ok to me,but if you can control yourself and know what you are doing while you are under the influence of the alcohol,it's still fine.Moreover,some persons get inspiration when they drink.
It is a bad one and nobody should do it, I have seen others do it and it is definitely a bad one. I am not a super religious person, but I do not drink for my health as well, it is definitely bad for you. In fact, drinking and smoking at the same time equals to a life expectancy that is on average 12 years less, can you imagine that? You get to live 12! less years, I think that is not a good idea for anyone at all.i haven't gotten this kind of experience before,but one thing I know is that there are some persons who nomatter the amount of drink they drink,they still know themselves and doing anything they do won't be a problem when they drink.Alcohol isn't just good for some persons,and when they force themselves to drink,it will always intoxicate them and they will definitely misbehave and do things in an abnormal way.Drinking and trading doesnt sound ok to me,but if you can control yourself and know what you are doing while you are under the influence of the alcohol,it's still fine.Moreover,some persons get inspiration when they drink.
If you cut sugar and carbs out of your life as well, which is not needed by the body anyway, that means you get to save another 7 to 13 years (depending on some peoples body I suppose) so if you are healthy basically and cut those four things alone, you gain a total of 20 years or maybe even more. Let alone all the trading benefits as well
. Get to trade with clear mind and healthy body equals bigger chance to profit.
I can't stop thinking about a trader who has a hobby of alcoholic liquor. we all know that when a person is drunk, his brain function decreases and that person will definitely not be able to control his self-awareness.
besides that how will he maintain his capital to trade while he has a hobby of drinking alcohol and the price of alcoholic drinks is quite expensive? even a trader with full awareness can make the wrong decision what about those who are drunk, I really can't imagine
besides that how will he maintain his capital to trade while he has a hobby of drinking alcohol and the price of alcoholic drinks is quite expensive? even a trader with full awareness can make the wrong decision what about those who are drunk, I really can't imagine
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
Well... There are persons that can takes as many bottles of alcohol and no matter the quantity they take, it will have no effect on them. So if your friend is in that category then I see nothing wrong but if you mean that your friend was actually drunk then it's something to worry about and he might make costly mistake while trading because he's not in control of his senses.The question is, can you trade while you are already drunk?
on someone you know and instead you have seen him on doing up those usual stuffs without having no problems. This is why its really impossible that you cant really be able to
notice out for yourself on whats happening into your body. In regarding actions then it would be no sense on making up some trades into a condition like this on which you cant
really be able to think up clearly if you are under influence of alcohol.
Drunk an still be trading is one of the most crazy thing I have heard in recent times, how can you even do your technical analysis while your hands will be shaking an you will be feeling so dizzy, it will never ends well if such thing happens
You wouldnt be ending up that well. Your brain and the feeling of getting dizzy is the main thing you would really be able to felt.There's no sense on doing something like thison the time or this condition which would really be that prone to lots of errors and mistakes because you cant think off clearly. This is why
its never been that recommendable on having this kind of perception on pushing up things despite of being drunk.
that prone to errors and mistakes just because you cant think off that well when you are under the influence of alcohol. This is why its never been that recommendable that you should be trading when you are drunk.
You cant really be that engaging on trade without having that proper thinking because this isnt something that you could really just engage without thinking up the analysis you had made out or the thing that
you've been get used to. Its totally different when it comes to decision and action making on implying out your techniques and charting which is something that very crucial
when we are doing trading.You cant just neglect and be confident on trading up on this kind of condition.
This will depend on your tolerance for alcohol as there are some people who can't fully control themselves when they get drunk. However, it's likely that your friend can still think clearly even if he is already intoxicated. Have you tried to ask your friend for the outcome of his trade? In your friend's instance, I believe he knows what he is doing.
I personally won't give it a shot because it's extremely hazardous, you may lose all your money if you trade while inebriated, and I know I'm not strong on alcohols.
I personally won't give it a shot because it's extremely hazardous, you may lose all your money if you trade while inebriated, and I know I'm not strong on alcohols.
Yes it's true that some people are chronic addicts who can easily control any volume of alcohol they consumed along the line at a time can walk and work perfectly fine without anyone noticing it. Although initially I didn't know he was only monitoring his trade with the smartphone, while I thought he was trading, I tried confirming from him the next time we met again and he said wasn't really deep into trading that very day he was monitoring rather.
There are several phases during which alcoholics are still able to control themselves and their brains, but to a certain extent they will lose their minds and will influence their decisions. Trading while drunk is ridiculous, but they can still trade while feeling sober or relaxed. Of course there are some traders who trade while drunk, but the drunk phase is not to lose their minds. I mean they can still control everything, including being able to trade.
Its the tipsy stage where you can still know everything, can think well, can decide well and can walk well which this kind of phase for sure they can still manage their emotions and decision making. Sometimes i do have a one bottle of beer when i do trade just to relax and chill but when it comes to like coming from a party and drunk , i wont be doing this as for sure this will be a huge problem and losses for me. That is why others dont really install the trading app on their phone and going to party because sometimes we cant control our ego and we will be boasting it to others.
Well... There are persons that can takes as many bottles of alcohol and no matter the quantity they take, it will have no effect on them.
Yes it's true that some people are chronic addicts who can easily control any volume of alcohol they consumed along the line at a time can walk and work perfectly fine without anyone noticing it. Although initially I didn't know he was only monitoring his trade with the smartphone, while I thought he was trading, I tried confirming from him the next time we met again and he said wasn't really deep into trading that very day he was monitoring rather.
i haven't gotten this kind of experience before,but one thing I know is that there are some persons who nomatter the amount of drink they drink,they still know themselves and doing anything they do won't be a problem when they drink.Alcohol isn't just good for some persons,and when they force themselves to drink,it will always intoxicate them and they will definitely misbehave and do things in an abnormal way.Drinking and trading doesnt sound ok to me,but if you can control yourself and know what you are doing while you are under the influence of the alcohol,it's still fine.Moreover,some persons get inspiration when they drink.
Yes it's true that some people are chronic addicts who can easily control any volume of alcohol they consumed along the line at a time can walk and work perfectly fine without anyone noticing it. Although initially I didn't know he was only monitoring his trade with the smartphone, while I thought he was trading, I tried confirming from him the next time we met again and he said wasn't really deep into trading that very day he was monitoring rather.
There are several phases during which alcoholics are still able to control themselves and their brains, but to a certain extent they will lose their minds and will influence their decisions. Trading while drunk is ridiculous, but they can still trade while feeling sober or relaxed. Of course there are some traders who trade while drunk, but the drunk phase is not to lose their minds. I mean they can still control everything, including being able to trade.
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
Well... There are persons that can takes as many bottles of alcohol and no matter the quantity they take, it will have no effect on them. So if your friend is in that category then I see nothing wrong but if you mean that your friend was actually drunk then it's something to worry about and he might make costly mistake while trading because he's not in control of his senses.The question is, can you trade while you are already drunk?
on someone you know and instead you have seen him on doing up those usual stuffs without having no problems. This is why its really impossible that you cant really be able to
notice out for yourself on whats happening into your body. In regarding actions then it would be no sense on making up some trades into a condition like this on which you cant
really be able to think up clearly if you are under influence of alcohol.
Drunk an still be trading is one of the most crazy thing I have heard in recent times, how can you even do your technical analysis while your hands will be shaking an you will be feeling so dizzy, it will never ends well if such thing happens
You wouldnt be ending up that well. Your brain and the feeling of getting dizzy is the main thing you would really be able to felt.There's no sense on doing something like thison the time or this condition which would really be that prone to lots of errors and mistakes because you cant think off clearly. This is why
its never been that recommendable on having this kind of perception on pushing up things despite of being drunk.
Well... There are persons that can takes as many bottles of alcohol and no matter the quantity they take, it will have no effect on them.
Yes it's true that some people are chronic addicts who can easily control any volume of alcohol they consumed along the line at a time can walk and work perfectly fine without anyone noticing it. Although initially I didn't know he was only monitoring his trade with the smartphone, while I thought he was trading, I tried confirming from him the next time we met again and he said wasn't really deep into trading that very day he was monitoring rather.
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
Well... There are persons that can takes as many bottles of alcohol and no matter the quantity they take, it will have no effect on them. So if your friend is in that category then I see nothing wrong but if you mean that your friend was actually drunk then it's something to worry about and he might make costly mistake while trading because he's not in control of his senses. The question is, can you trade while you are already drunk?
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.
I have no practical experience in drunk trading. I have not taken any intoxicants till date So I can't give a very good answer from my side. But trading while drunk is very risky. People who trade drunk mostly end up losing in trading. Especially on futures trading platforms, there will be the highest risk if you trade while drunk. Because while trading you have to consider the previous situation of the market, the next situation and how much you will take 20x, 30x.... So I don't think a drunk person can analyze this kind of judgement. In such a situation, if he engages in trading without analyzing the judgment, then he will definitely fall into loss. Finally, a drunk person is never a normal person, he becomes a completely uncontrolled person. I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.
Drunk an still be trading is one of the most crazy thing I have heard in recent times, how can you even do your technical analysis while your hands will be shaking an you will be feeling so dizzy, it will never ends well if such thing happens
I have never experienced trading with a drunk, then maybe it depends on the level of your drunkenness, because there are drunks that you almost don't realize what you're doing, you're out of control and you can't really control it.
There are also times when you're drunk but you still know what you're doing, even though your head hurts from the hangover. So it's a bit difficult if you feel the situation when you have done trading in cryptocurrency.
There are also times when you're drunk but you still know what you're doing, even though your head hurts from the hangover. So it's a bit difficult if you feel the situation when you have done trading in cryptocurrency.
I know it's crazy but I think there are really traders who can perform well while they are drunk. Have you seen the movie drunken master? The main character becomes really good at karate by the time he drank a lot of beer and get drunk. The same thing I was talking about there. I heard there's also writers who becomes very creative when they take drugs.
Mate, you serious? Its a movie and a work of fiction, dont start getting ideas from them to use in real life where real money in involved. 
Taking drugs and alcohol makes you less attentive, drowsy and hampers your decision making, leading to wrong orders or accidental clicking that can be fatal for your money. If you are serious about that you would not do that in real.
The whole "beat up the bad boys" stunt might work like bar fights are getting drunk but when it comes to things that need your concentration, alcohol is a bad choice.
First of all I will say that engaging in bad activities does not sound good so always try to leave that company which consists of bad friends. Not only for trading but for every single work being drunk is forbidden. A man who is being drunk in my opinion will not be able to perform the chosen tasks efficiently and his every session will be wrong so I think that a person being drunk should not involved in trading and he should choose one thing either trading or drinking.
Drunkeness is not encouraging in trading at all because being drunk means in a state og condition when one is unable to do things in the original behaviour. When trading we make used of the thinking faculty, we compare the trade to that of the previous experience to know which step to follow . The state of drunkenness can be risk while trading, anything that needs good attention like trading I think it is not right to get alcohol involved, Drunkeness makes the brain to be dull, slow in thinking. 
First of all I will say that engaging in bad activities does not sound good so always try to leave that company which consists of bad friends. Not only for trading but for every single work being drunk is forbidden. A man who is being drunk in my opinion will not be able to perform the chosen tasks efficiently and his every session will be wrong so I think that a person being drunk should not involved in trading and he should choose one thing either trading or drinking.
if we are drunk, then we will not be aware of what we are going to do, even for daily activities, it will feel very heavy, and we will not even know what we are going to do, especially if we are heavily drunk. if we trade in a drunken state, then the risk is very big. especially if you have a lot of capital. it will be very risky for you to lose the money you have. there are so many causes for this, like we make the wrong decision, or something else. so, you should avoid trading when drunk. it is a condition where a person loses complete control over himself.
Our senses and our mind/brain would really be numb and emotions is something that is numb too where we do make out decisions without even trying out to make indepth research or having no basis which means that it would really be prone likely to many errors which is something that we should really avoid on.You would really be just shocked on the time that you are already in your right mind and realized on what you have done
when you are drunk.Lucky if you do able to make good calls and make profitable trades but if not then it would be an another story.I havent experience on doing trades when im in under the influence
of alcohol which we know that we cant really be that be able to make out decisions or doesnt follow in regarding with our plans.
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