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Topic: Being drunk while trading what was your experience - page 4. (Read 852 times)

sr. member
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In my personal view I think that To trade you have to sit with a fresh and focused mind. Because then you have to do various calculations and analysis and you can never do it properly while drunk.
Trading is already very risky and if someone goes there for trading while drunk then it will increase the level. So it will never be preferable to doing trading while a person drunk
hero member
Activity: 2114
Merit: 619
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?
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 reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.
Haven't done it will surely won't be doing it. Simple reason is because trading requires you to be emotionless and alcohol has been known to release your emotions. You will be doing revenge trading if you lose a couple of trades and will be doing very brutal trading to yourself. So ideally I would definitely not suggest myself to do trading on alcohol and  would obviously not recommend anyone else to do so.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
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 iand as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.
I never trade being drunk, but I can guess you will get bad result and lost. Because i ever playing card with my friend while drunk, I can't thing realistic and clear to put my card on table. My friend always win even have a bad card, with my experience, i really sure trader while drunk will not be able to trade with clear thinking and always lost even bullrun.
This is an interesting topic imagine after getting drunk by  placing a long trade instead of short trade due to loss of senses the end point will lead to rekting of the account, how will such a trader analyze a trading setup and take decision positively thus it is not advisable to drink while trading to avoid getting drunk and avoid incurring massive losses, well I never read any story of any drunkard trading successfully without any consequences of losing or incurring massive losses except if such a drunkard is lucky the trade went in his direction unfortunately this can't be done consistently.
legendary
Activity: 2338
Merit: 1023
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You can still trade and be drunk at the same time. There's this type of drunk that knows what he's doing while someone who's drunk that he's already in other dimensions. So choose what type of drunk you're experiencing and if it's the latter part then don't spend and waste your money doing trades if it's too easy for you to throw money on an instant. But you know what's the best drunk and crypto stories that I've heard? It's about the legendary "I am HODLing" by gamekyuubi. (https://bitcointalksearch.org/topic/i-am-hodling-375643)
This has a point too. Being drunk does not literally mean that you can be wrong in what you are currently doing, some have still manage to make it right because they are not completely affected with the spirit of alcohol. But if you are highly drunk and forget the people around you, that’s worst, and trading this time could be very dangerous for you. That’s why if we can do trading without drinking, that would be better so we can achieve higher chances of getting successful.
There are people who does have high tolerance in alcohol which even if they are considered drunk but still they do be able to know on what are the things that they've been doing.
This is why they do really be able to proceed despite on the under influence of alcohol.Its true that it might be that the same but we know that having the influence of alcohol
is never been good.It makes every numb and you would be put up into a certain situation which you cant think up that well and thats why its never been recommendable
on having this way.

Not to brag, but I'm a huge drinker, and like you said: I'm still in control and know what I'm doing when I'm drunk. But I can confirm that when we have been drinking, our actions and gestures will never be as precise and accurate as when sober. Therefore, I am against trading when we are already drinking especially drinking too much, we will lose more money than we gain. My brother is a barber, he gets more skilled and creative with a bit of alcohol, but that doesn't work in highly focused jobs like trading.
sr. member
Activity: 924
Merit: 365
When I am drunk, I make every effort to find a location to lie down so that I can at least keep my gadgets away from me by not operating on them because I know how messy I can be when I am drunk, let alone when I am trading.

Whether you can trade while drunk or not depends on your body. I have friends who, while drunk, behave intelligently and enthusiastically. They can effectively multitask while driving, trading, or performing any other duty. They appear to act that way because they have been using alcohol to build their bodies for a long time.
hero member
Activity: 616
Merit: 749
I can't trade when drunk because it will make me lose concentration in analyzing the market. If I were in a situation like yours, I would not be trading but enjoying the atmosphere with friends and would not force myself to look at the market.

I don't mix work with pleasure, when I'm working I concentrate on work so drinking and trading won't go alongside since trading to me is like me working as that's brings money. Alcohol does alot of damage to the human brain that when you're drinking you shouldn't be doing anything that can be considered a risk like trading or driving.

Trading is a risk since you can lose your money and you should be in your right senses when you're taking a decision that involves the risk of losing money, instead of a decision that's influenced by alcohol. A professional trader should never drank trade, it won't end up well.
hero member
Activity: 1498
Merit: 711
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I can't trade when drunk because it will make me lose concentration in analyzing the market. If I were in a situation like yours, I would not be trading but enjoying the atmosphere with friends and would not force myself to look at the market. My feelings will be messed up if I keep trying to see the market, especially if the market changes direction, and that can make me have difficulty analyzing the market, and in the end, I just make a mistake. How about you? Can you make a profit or lose?
No trader can risk it funds and time to trade when it's under influence of alcohol, and so many others, I believe from my theory who is a trader can't go into Trading when its not comfortable, automatically I believe that trading have to do with  calculations and deep thinking for proper analyzing the market. So therefore I believe its not encouraging to be drunk before venturing into Trading, but it depends on the individual body chemistry as I portrayed before.
hero member
Activity: 1834
Merit: 879
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Anything that requires you to have a sober mind to make a sober decision should remain at that. If you take alcohol, chances are high that you will make terrible decisions, and also lead you into not sticking to the trading plan which all ends up at actually gambling and not trading.

In more chances than usual, drunk trading will make you over trade thinking you are playing around in the actual sense you losing real money and not sticking to your risk management rules. Honesty, best you stay away from the charts.
hero member
Activity: 2912
Merit: 556
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I can't trade when drunk because it will make me lose concentration in analyzing the market. If I were in a situation like yours, I would not be trading but enjoying the atmosphere with friends and would not force myself to look at the market. My feelings will be messed up if I keep trying to see the market, especially if the market changes direction, and that can make me have difficulty analyzing the market, and in the end, I just make a mistake. How about you? Can you make a profit or lose?
hero member
Activity: 924
Merit: 600
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You can still trade and be drunk at the same time. There's this type of drunk that knows what he's doing while someone who's drunk that he's already in other dimensions. So choose what type of drunk you're experiencing and if it's the latter part then don't spend and waste your money doing trades if it's too easy for you to throw money on an instant. But you know what's the best drunk and crypto stories that I've heard? It's about the legendary "I am HODLing" by gamekyuubi. (https://bitcointalksearch.org/topic/i-am-hodling-375643)
This has a point too. Being drunk does not literally mean that you can be wrong in what you are currently doing, some have still manage to make it right because they are not completely affected with the spirit of alcohol. But if you are highly drunk and forget the people around you, that’s worst, and trading this time could be very dangerous for you. That’s why if we can do trading without drinking, that would be better so we can achieve higher chances of getting successful.
I can even imagine myself been drunk and trading at the same time. This can be a big disaster to our trade and if we are not lucky alone trading when drunk, we can use all the funds in our portfolio to enter the market and if the market goes against us then we might loose big. I will rather trade when I am okay and relaxed to enter the market than to trade the volatile market when I am drunk. This can cause a bigger problem to us. It can even lead to big loses without knowing how it all happens. It is good to trade when we are aware about what we are doing.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
I can't say for trading while drunk but i know one can still trade well if they are feeling a bit tipsy. My mentor back then while he taught me the basics of trading do require beer from us each time we lose a trade or made wrong analysis. And i can emphatically say it never affected his trades. I also tried it a few times and it never harmed mine as well. But been drunk i can't say about that because i haven't been in that shoe before
legendary
Activity: 1288
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Goodnight, o_e_l_e_o 🌹
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?
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 reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.

There's a big difference between drinking alcohol and still understanding what is happening in your environment and being drunk that you ate unable to detect what is happening in your environment.
I have seen people who doesn't work effectively if they don't drink. They have some kind of inspiration when they drink and work will be smooth going.
If anyone drinks and still understanding what is happening in the market, that is fine. But if they drink and their eyes become blur that they will not know the chart lines, they should avoid drinking and trading.
legendary
Activity: 2940
Merit: 1083
The question is, can you trade while you are already drunk?

Technically speaking, yes. We can trade while drunk. It now depends on how that person can still control his decision-making while drunk.

Besides, why curious about the feeling? Just avoid being drunk if you are not used to that kind of feeling. Much better if you won't do that.

It's the same as how I gambled. I can still do gambling while drunk as that was my favorite thing to do. Although in trading, I didn't experience yet doing focused trading while drunk, since I'm not even a day trader and my trading activity, is more of holding.
legendary
Activity: 2758
Merit: 1228
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?
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 reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.
You can always trade even when you are drunk, but the chances of winning your trades is very rare as mostly end up losing them. Trading is quite hard and difficult to succeed, so if one trade without the ability to monitor the market consistently, he will always end up failing and lost his money. That’s exactly the reason why people only trade when their minds are active and fresh, and not that they are bothered and not in their whole self being.

Nothing good will happen if you trade without having a good focus on what you are doing. Since trading while you are under the spirit of alcohol will result to bad because instead you can think about dropping some good decision making you end up became a risk taker and create bad decisions because sometimes alcohol will make you feel invulnerable. Better not to trade when drunk if we don't want to lose our money we can enjoy trading after the drinking session.
hero member
Activity: 3178
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Live with peace and enjoy life!
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?
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 reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.
You can always trade even when you are drunk, but the chances of winning your trades is very rare as mostly end up losing them. Trading is quite hard and difficult to succeed, so if one trade without the ability to monitor the market consistently, he will always end up failing and lost his money. That’s exactly the reason why people only trade when their minds are active and fresh, and not that they are bothered and not in their whole self being.
legendary
Activity: 3122
Merit: 1398
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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.

Can you really understand the point of view of those who will respond that some can do trading even drunk? In the first place, you have never been to that experience and you might question how can they do that even under that state.

I myself, admit that I'm a heavy drunker but fortunately, I do still responsible for my actions regardless of what I'm doing.

But just to share with you a few expected feelings, if you are drunk, you are not afraid to do such actions. There's no feeling of being weak hands, being FUD, being carried away, being influenced and the decision always depends on what you think is right.

Just be ready once you wake up seeing some unexpected results of your actions. Whether good or bad, who knows? Smiley
sr. member
Activity: 1386
Merit: 451
I have never traded while drunk. And I have no experience of trading while drunk. Especially drunk people never seem normal. Because trading requires a healthy mindset. And in this case when a person gets drunk he loses his balance in that state. When a man trades out of balance he must lose his trade. Because trading requires a lot of attention and right decisions. And this right decision can never be taken by an unbalanced person. As a result he will definitely lose his business.
full member
Activity: 1582
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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?
Luckily, never did it and I will never do it  Cheesy
In my opinion, trading while drinking is like being in a dream, we cannot control ourselves to do as we do in the real life. However, if we are too drunk and cannot do good things consideration, taking decisions, and making some strategy while trading. This is too risky for me.
Except for someone who always says that being drunk makes them more focus on something, they maybe able to still focus on trading.
but for common people, this activity is done while drunk is very risky and not recommended.
sr. member
Activity: 2226
Merit: 347
You can still trade and be drunk at the same time. There's this type of drunk that knows what he's doing while someone who's drunk that he's already in other dimensions. So choose what type of drunk you're experiencing and if it's the latter part then don't spend and waste your money doing trades if it's too easy for you to throw money on an instant. But you know what's the best drunk and crypto stories that I've heard? It's about the legendary "I am HODLing" by gamekyuubi. (https://bitcointalksearch.org/topic/i-am-hodling-375643)
This has a point too. Being drunk does not literally mean that you can be wrong in what you are currently doing, some have still manage to make it right because they are not completely affected with the spirit of alcohol. But if you are highly drunk and forget the people around you, that’s worst, and trading this time could be very dangerous for you. That’s why if we can do trading without drinking, that would be better so we can achieve higher chances of getting successful.
There are people who does have high tolerance in alcohol which even if they are considered drunk but still they do be able to know on what are the things that they've been doing.
This is why they do really be able to proceed despite on the under influence of alcohol.Its true that it might be that the same but we know that having the influence of alcohol
is never been good.It makes every numb and you would be put up into a certain situation which you cant think up that well and thats why its never been recommendable
on having this way.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
You can still trade and be drunk at the same time. There's this type of drunk that knows what he's doing while someone who's drunk that he's already in other dimensions. So choose what type of drunk you're experiencing and if it's the latter part then don't spend and waste your money doing trades if it's too easy for you to throw money on an instant. But you know what's the best drunk and crypto stories that I've heard? It's about the legendary "I am HODLing" by gamekyuubi. (https://bitcointalksearch.org/topic/i-am-hodling-375643)
This has a point too. Being drunk does not literally mean that you can be wrong in what you are currently doing, some have still manage to make it right because they are not completely affected with the spirit of alcohol. But if you are highly drunk and forget the people around you, that’s worst, and trading this time could be very dangerous for you. That’s why if we can do trading without drinking, that would be better so we can achieve higher chances of getting successful.
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