Topic: Trading addiction, are you coping? (Read 1224 times)

And i would say that trading addiction is much more better rather than with gambling because with this, you could still potentially make yourself way more better on trading on the time that you do spent lots of times with it which means that you do really learn up something from it and might really make you mold to be a better trader which it would really be resulting that you are really that a good trader later on.
Of course losses would really be there but the experience and learning that you would get is also there too, unlike when you do gamble on which there's no benefit into it and on the time that you do
really get addicted then this is where things comes more shit. This is why if we do compare out on which one is worth on considering for you to deal off with and get addicted with then
trading would be the best choice i would say.

I agree that trading can become an addiction. It's not the same as gambling. In gambling, everything is reduced to the fact that you lose initially (I mean casinos, some machines, roulette), while in trading a lot depends on you.
If a rehabilitation center has such services, it means that someone uses it. This means that there are cases when a person himself cannot influence this and this interferes with his life. Therefore, I personally do not see anything wrong with people using such institutions if there is a need for it. Everyone is responsible for their own life
I think that the problem comes when a person loses a lot of money, because if he earns a lot, then no one will call him addicted and this will not bother him

addicted to trading as long as it is in accordance with the analysis I don't think it will be a problem, because many of us are addicted to making transactions even though the price has not yet been included in the work plan, we are in a hurry to make transactions. this is natural for humans to do because our nature is like that, but we must learn to wait until the price enters the buy area and we enter a transaction. if that's the case, trading addiction can be assumed to be positive for us, because it means we love our job as traders,  by loving our hobby, it is hoped that we can gain profits according to the portfolio that has been made

The problem is that some cryptocurrency investors don't understand that trading cryptocurrencies are not for everyone, and it necessitates a particular level of education, comprehension, and ability to tolerate risk. Therefore, every trader that can't bear all the needed knowledge, and risk tolerance shouldn't go into trading.

I think regardless of the results, as long as you've been doing that activity at most times on a daily basis that can be said as addiction.

There's no difference in gambling addiction and regardless whether you win or lose as long as you've been doing it everyday for many times, that can be said as addiction.

That's just my opinion regarding if someone who trades daily and keeps on winning but I guess that's a good addiction if ever you're making money out of day trading. Anyway, we'll still fall that anything that's too much is bad.

Trading addiction, in my opinion, is only for persons who continue to trade while regularly losing. It cannot be labeled addiction if you trade a lot in a day and still manage to be profitable. If you continue to trade even when you constantly lose, you are being governed by your emotions because you are engaging in revenge trading, which is extremely risky to your funds and is more likely to be labeled as a "addiction." To avoid this predicament, we should have sufficient trading knowledge. Backtest your strategy so that you may build faith in it. Always stick to your trading plan, even if it's difficult sometimes, especially if you're losing money. If you continue to lose, you should take a break.

In trading addiction you are using all of your sources and asset to make a possible trades position that could give you gains and losses still depending on your execution, this is all about your knowledge if you are addicted it seems like a great and bad news at the same time, great because you know now how to handle trades bad news is sometimes we have a revenge trades most likely happen, in this thing you are the responsible to the winnings and losses unlike in gambling you are depending your faith to the gambling slot casino itself it risk on the outcome even though they have a strategy game but at the end you don't know the possible next move in the future so its quite different. Better to get addicted in trading than gambling depending on your perspective. Like knowledge versus luck.

It is never okay to be addicted to anything be it sports drugs or anything else. Whatever we do, we must have control over it. Being addicted to trading is a bit surprising to me because of how people become addicted to trading. 

Where trading requires sufficient knowledge and ideas along with money, how people are getting addicted to trading. All of us who are involved in trading should conduct trading activities to a certain extent. 
It is better not to get into this addiction just to earn some money because becoming addicted to trading will have a serious negative impact on your finances and your family.

Addiction is probably one of the bad factor that influence the young minds in the trading space specifically the newbies. We know what we want and trading with good solid strategy. Loss is general and applicable to everyone even the pro traders do record losses in their trade. Losing without improved plans is just wasting your money, one will never learn it right if he or she always place multiple trades without mapping out crucial plans. For instance, any trade that have kept me waiting for long, when it finally triggered,  losing more than twice in a day, I immediately stop, because anything further than that is considered gambling with the market.

I have been seeing people that are mostly addicted to trade and the problem is thanthey keep losing money and they are not even ready to stop trading. Some will keep borrowing money and trying to eseb profits from the trade to pay but the contrary do happen mist time. We need to advise this kind of people to stop trading although it might be very difficult but we just need to be very careful and make sure we are doing things right so that it will not affect us or make us do things that would keep putting us in problems because we are owning lots of people money.

I fully agree with you, we can't compare gambling addiction to a trading addiction. The two things are very different, because in gambling you either win or lose. Especially when you are addicted to it you can't stop. So you will only stop when your balance is 0 or if you made a big profit and are happy with it. There is no in between, you either take it all or you lose it all. In trading it's very different, once you invested all your money your balance is also 0, but you therefore have a variety of crypto coins in your portfolio. Now when prices are moving against you and you are in the red, you shouldn't be selling all your coins and reinvest them somewhere else. A paper loss is not realised as long as you are not selling it. Also even if you would sell all your positions again your loss wouldn't be 100%. In trading we will always have some money left that we can use to make more money again. I am not saying that a trading addiction doesn't exist, but it should be easier controllable than a gambling addiction.

Rehabilitation or correction center adding cryptocurrency trading addiction to their list is something that shouldn't surprise us as crypto enthusiasts because we all know that everything that's not well managed could lead to addiction. Besides, ever since some people join the cryptocurrency market they have never have 8hours sleep which is bad for their health.

To become a better trader, you will need to spend more time in the market. We have lots of professional traders right now but I don't have negative impressions with them. I'm in fact inspired with them and want to follow their footsteps so that I can change my life too from poor to being rich. Continue doing the wrong thing, is the one that is not cool. Trading is not like gambling.

In trading, we can do something to correct our mistakes. Even we already master trading, there is still a little gamble on it or risks in other term. I think there is no trader who always win or have a 100% winning rate but they sometimes lose too because the market are sometimes unpredictable.

Agree on what you had said on here on which if this one done in spot then it would be considerable but if this one talks about futures then it would be considered gambling already.I have seen some of my friend

who are really that a good trader too and on the time that they do see that spot trading earnings or profits arent really that much big then they have decided on switching into futures and then they did came

back and telling that it was a pure gambling or the experience was so intense on which every movement would really surely count and high chances on getting liquidated specially on making use of high leverage.
It is true that any form of addiction is always been bad but you could really tell the difference on which one is really that indeed better than the other.There's nothing need to cope up if you do find yourself
do able to handle it well on what you are currently engaging. Addiction in trading is much better than on getting addicted with gambling which its a completely different scenario.

Just like any other hobbies or thing that you are really focused on, there is a chance that people will get addicted into it. Just like gambling, there people who are getting addicted to trading and it's sad to see traders that are doing revenge trading which put them at the greater risk. All addiction is curable but it needs a long time for it to be cured and it might require some specialist and rehabilitation program just to be free from that addiction. At the end of the day, everything is fine not until you got addicted and receives negative effects on what you are doing.

i'm lucky not to fall into the trading addiction category because i don't do day trading and usually day traders often experience this,

[1] https://www.familyaddictionspecialist.com/blog/am-i-addicted-to-day-trading-10-signs-you-are-addicted-to-day-trading-and-what-to-do-to-stop

all traders must pay more attention to the duration of their trading every day to avoid the effects of addiction on trading even in some cases many also experience withdrawal symptoms such as anxiety when not trading, if it reaches this stage then the trader must be treated ^{(to avoid bad effects in the future which could only make the sufferer worse)}.

Addiction is defined like this: "Addiction is defined as not having control over doing, taking or using something to the point where it could be harmful to you." So it is possible to get influenced by emotion while trading or same could happen with greed. Chasing loss is emotional and overdoing trades while you are making only profits is from greed. When you mix these two, you can become addicted for sure. So I always try to stay away from those situations. I  make a target for profits and a limit to my loss. Then, if either of them is filled, I will exit the trading. Take a break, do something else. Then come back to it with a new target and a limit for my loss.
I guess it is very necessary to have a control over your emotions before getting into tradings. This will significantly increase your mindset and you won't fall into the category of "ADDICTED". And also if you could just follow the basic rules of trading, you are most likely never going to get addicted to trading. Having passion is a thing, but addiction is another thing. The more you do, the more experience you gather. But overdoing anything which is out of our control is always harmful.
So, trading addiction is a thing and with a little bit of work, we can maintain that and prevent it from becoming an addiction.

If they equate the variable trade with gambling to assess addiction then in my opinion it is wrong, trade through more clear activities requires knowledge and experience to run it, because that is considered not suitable for everyone if they cannot learn to understand trade well. This is the most surprising thing I have ever seen and I am accustomed to hearing about rehabilitation of drug addiction and there are many places I have seen before.

Trading addiction in question, is it related to daily trading activities? because even though people are so experienced in trading the possibility of profits and losses will always occur, so how can the addiction variable be assessed because trading is very different from the case of gambling. Say those who are active in daily trade are considered addicted, so it also cannot be compared to gambling.

addicted to trading will make us even more interested in continuing to trade, but the record is that we must be able to trade in a healthy manner, so that we are really trading, lest we trade and in the end run into gambling. there are many incidents like that, where because of losing and we want to return the defeat and what happens is that we trade unhealthy and rely more on luck without any basis for making transactions, in the end we get regret, things like this happen the most, so it's no wonder that most traders experience defeat

Any addiction is not good and will give a negative impression, such as trading addiction or gambling addiction.
Trading addiction can probably be said to be an addiction that is still milder than gambling addiction.

Usually, those who want to continue trading are always wrong in doing the strategy and end up losing.
If they trade spots it is still possible to save, but if trading Futures it will be a loss that will not be recovered unless you put in more money and place an order to double the initial loss.

Sometimes there are some people who do not understand the basic science of trading and trading seems like gambling.
Only using instincts and guesses without any analysis done.