Trading addiction, are you coping? - page 3.

Oilacris

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Quote from: Finestream on March 22, 2023, 05:34:58 PM

Quote from: LastKiss on March 07, 2023, 04:45:52 AM

Quote from: Oshosondy on February 07, 2023, 02:24:03 AM

~snip~

I think it would be perfect to bring this trading discussion. Are you addicted to trading? I am thinking that making profit from trading or making losses, there is a chance that some traders are addicted to trading. What are you doing naturally to stay away from trading addiction?

No, I'm not addicted to trading or even something like gambling. As far as I know about addiction in trading is if they are trading using high leverage to gain big profit and when they won once they will do it again without any knowledge, analysis, or even a plan. The worst thing is when they borrow the money from their friends and end up not paying back the loan.

That’s a worst addiction to tell. Well, I must admit I have been trading with addiction before and because I keep on chasing for bigger returns, the more i see myself constantly in losing. That’s why I decide to trade only when there is spare money to trade. And when I fail to secure it, then I never do trading, you will learn on how to avoid trading addiction and control your trading activities when you have an empty wallet so there’s no reason to trade.

If you do make yourself that greedy on where you are really trying out your best on changing your position size because you are in a hurry on getting those huge returns then this is where mistakes would

really be starting up.Until you do able to realize on how this market behaves and works then you could be able to handle up yourself and would really be sticking into that realistic approach rather than on

pursuing something which it isnt really just that easy for it to happen.Market is unpredictable and totally random and there's no way that you could assure your profitability
yet this one involves skills and knowledge towards it and some sort of mix of luck on the time you do make out trades.

Finestream

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Quote from: LastKiss on March 07, 2023, 04:45:52 AM

Quote from: Oshosondy on February 07, 2023, 02:24:03 AM

~snip~

I think it would be perfect to bring this trading discussion. Are you addicted to trading? I am thinking that making profit from trading or making losses, there is a chance that some traders are addicted to trading. What are you doing naturally to stay away from trading addiction?

No, I'm not addicted to trading or even something like gambling. As far as I know about addiction in trading is if they are trading using high leverage to gain big profit and when they won once they will do it again without any knowledge, analysis, or even a plan. The worst thing is when they borrow the money from their friends and end up not paying back the loan.

That’s a worst addiction to tell. Well, I must admit I have been trading with addiction before and because I keep on chasing for bigger returns, the more i see myself constantly in losing. That’s why I decide to trade only when there is spare money to trade. And when I fail to secure it, then I never do trading, you will learn on how to avoid trading addiction and control your trading activities when you have an empty wallet so there’s no reason to trade.

topman21

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Of course I dealt with the trading addiction. But trading is a very serious addiction. Just like when people get into gambling it is very difficult to get out of it, so whether you get into futures trading or spot trading, if it becomes your addiction, it will be a little difficult for you to get out. Futures trading in particular is a very addictive platform. When your profits start coming in, your/my state of mind is so good that it is expensive to publish at home. However, it is not difficult to remove yourself from here.

stomachgrowls

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Quote from: nara1892 on March 21, 2023, 03:06:33 PM

Quote from: xSkylarx on March 19, 2023, 05:40:15 AM

Quote from: LUCKMCFLY on March 18, 2023, 11:14:52 PM

Quote from: nara1892 on March 05, 2023, 07:26:09 AM

Addiction is more likely to lead to negative things, especially when it involves finances. Back to ourselves, if we don't want to have addiction in trading we can manage time and finances one of them. Maybe we usually trade 7 days a week, that can be reduced to 5 days for example. Or we usually trade 8 hours a day, we can reduce it to 4 hours. Set profit targets and set loss targets, it will help us not to have addiction in trading.

Establishing schedules to be able to handle an addiction problem is always very good,because it is a way to address the problem,however we can also say that getting away and doing other activities is possible, but if a person is addicted to trading and loses it is because their analyzes are very wrong and that cannot continue like this, if a trader does some things or changes in his strategy, things can flow, for example if he fails 3 times in trading, it is best to stop, and wait until he has a better understanding In the tradign, now if a person is addicted to trading but is winning, then things are not so bad, because it is money that is being generated.

The problem is that the trade even didn't noticed that he is losing 3 times in a row which it triggers more his emotion to trade more. That is mostly the problem you cant now control your selves. That is why other hobbies like sports which you set specific time of the day like around 3pm that you need to play basketball or anything which really forced you to stop. Though it is really best to have someone to support you in getting out in the addiction as it is pretty difficult alone.

That's a problem that can really happen because regardless of anything, it's clear that when we always put our emotions first, the conditions obviously won't be good.
Looking for other activities can be quite a solution, but still, things like this must also be accompanied by the right intentions because when we have fallen into an addiction that is difficult to get rid of, no matter how busy we are, we will definitely continue to force ourselves to be addicted because always feel something is missing if not done.

If addiction do falls on trading then i would really say that it is really better rather than on making yourself get addicted on gambling which we do know its different.The thing you do only avoid when having that trading addiction is that you shouldnt really be that impulsive when it comes into your emotion because this is something that would really be needed on check because it would really make out lots of errors and mistakes
which its a must thing to be avoided. This is where experience do really counts where on the time you do have the sufficient experience then you would really be able to find yourself
to sustain and survive this unpredictable market.

nara1892

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Quote from: xSkylarx on March 19, 2023, 05:40:15 AM

Quote from: LUCKMCFLY on March 18, 2023, 11:14:52 PM

Quote from: nara1892 on March 05, 2023, 07:26:09 AM

Addiction is more likely to lead to negative things, especially when it involves finances. Back to ourselves, if we don't want to have addiction in trading we can manage time and finances one of them. Maybe we usually trade 7 days a week, that can be reduced to 5 days for example. Or we usually trade 8 hours a day, we can reduce it to 4 hours. Set profit targets and set loss targets, it will help us not to have addiction in trading.

Establishing schedules to be able to handle an addiction problem is always very good,because it is a way to address the problem,however we can also say that getting away and doing other activities is possible, but if a person is addicted to trading and loses it is because their analyzes are very wrong and that cannot continue like this, if a trader does some things or changes in his strategy, things can flow, for example if he fails 3 times in trading, it is best to stop, and wait until he has a better understanding In the tradign, now if a person is addicted to trading but is winning, then things are not so bad, because it is money that is being generated.

The problem is that the trade even didn't noticed that he is losing 3 times in a row which it triggers more his emotion to trade more. That is mostly the problem you cant now control your selves. That is why other hobbies like sports which you set specific time of the day like around 3pm that you need to play basketball or anything which really forced you to stop. Though it is really best to have someone to support you in getting out in the addiction as it is pretty difficult alone.

That's a problem that can really happen because regardless of anything, it's clear that when we always put our emotions first, the conditions obviously won't be good.
Looking for other activities can be quite a solution, but still, things like this must also be accompanied by the right intentions because when we have fallen into an addiction that is difficult to get rid of, no matter how busy we are, we will definitely continue to force ourselves to be addicted because always feel something is missing if not done.

|MINER|

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I don't know why trading is being mixed with addiction like this, because drugs and gambling can be addictions not trading, but who were doing trading by little know for only earning profit , who does think you can gain huge money in overnight , those who are doing trading by these cause they are not professional trader , in my view I will called them as gambler so they can be addicted for trading other the hand who knows the market analysis and reading the chart they should not called as a addiction on this .

lousie9

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Quote from: Nrcewker on March 17, 2023, 12:19:23 PM

I mean, how the heck is someone addicted to trading? If they are making losses in trading, then they will definitely stop at a point when they won’t have money to trade further. Otherwise, if they have tons of money and are making good profits from trading, then this addiction isn’t at all bad, to be honest. Until and unless you trade within your limits, there is no harm, but if you exceed the amount that you have committed for the trades, then definitely it will be a big problem. I haven’t come across any crazy incidents or met anyone who is addicted to trading. People trade just to earn some extra income. Trading isn’t a source of recreation, so how will it become an addiction?

In my opinion, if someone can still stop when they experience a loss while carrying out trading activities, that does not include addiction. if a person does not have good self-control he will definitely experience a trading addiction, maybe just like a gambling addiction.
someone who is already addicted to trading is more likely that they cannot control their desire to always trade, when they experience a loss he will continue to trade and when there is no capital he will try no matter what or whatever way he tries to sell his goods and even apply for a loan to carry out trading activities.
someone who is addicted to trading is completely unable to control his trading desires and cannot think logically so he cannot set a limit for his losses, if he experiences a loss the only thing in his mind is that he must continue to try trading and not care even though he actually has more losses natural rather than profit.

Dragonfund

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Quote from: kamvreto on March 17, 2023, 04:39:04 PM

Quote from: Nrcewker on March 17, 2023, 12:19:23 PM

I mean, how the heck is someone addicted to trading? If they are making losses in trading, then they will definitely stop at a point when they won’t have money to trade further. Otherwise, if they have tons of money and are making good profits from trading, then this addiction isn’t at all bad, to be honest. Until and unless you trade within your limits, there is no harm, but if you exceed the amount that you have committed for the trades, then definitely it will be a big problem. I haven’t come across any crazy incidents or met anyone who is addicted to trading. People trade just to earn some extra income. Trading isn’t a source of recreation, so how will it become an addiction?

Maybe addiction is meant when trading without having good knowledge of trading and wanting to continue trading even though many losses have occurred. Because this kind of trading is like gambling where you only make guesses. Futures trading is usually what they use, just guessing up or down then holding big leverage. I know someone who does something like this and he always loses, but even he doesn't learn from those losses. If you only do normal trading and still have basic knowledge, you can still control it. But if you only rely on instinct, it's no different from gambling.

Some traders don't have any other side jobs apart from trading and I understand when you take something as hobbies, it becomes part of you and from their it becomes addiction. I think as a trader, the addiction doesn't really mean you become a nuisance to yourself, but you becomes something entirely different from what you were before, those are the time you don't enjoy going out anymore, you always want to be sitting infront of your screen, you dislike any other discussion apart from crypto and trading discussion, you dislike anything that doesn't have to do with trading, that is what I think trading addiction is about.

xSkylarx

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Quote from: LUCKMCFLY on March 18, 2023, 11:14:52 PM

Quote from: nara1892 on March 05, 2023, 07:26:09 AM

Quote from: Sanitough on March 02, 2023, 01:40:11 PM

Quote from: Davidvictorson on February 18, 2023, 04:42:06 PM

Any venture that has the word "addiction" attached to it, is never a good one. If you check carefully, you will see that the individual's physical and mental health, social and personal life, and relationships are affected, either directly or indirectly. Anyone who is addicted to trading despite having losses is just chasing losses. There is no professional trader that I know who has been very successful with trading who wouldn't advise beginners on the need to maintain a balance.

Everything that is done abused always create a negative motivation that will lead into an addiction. And with addiction, everything will be affected especially if you keep ignoring it and instead, continue to chase more profits so you can benefit them more. However, with trading addiction, it can be more manageable because you can actually stop trading if you have no funds to start it with. Therefore, being addicted into trading is probably more on seasonal that you can anytime stop your addiction if the market too is not allowing you to be profitable.

Addiction is more likely to lead to negative things, especially when it involves finances. Back to ourselves, if we don't want to have addiction in trading we can manage time and finances one of them. Maybe we usually trade 7 days a week, that can be reduced to 5 days for example. Or we usually trade 8 hours a day, we can reduce it to 4 hours. Set profit targets and set loss targets, it will help us not to have addiction in trading.

Establishing schedules to be able to handle an addiction problem is always very good,because it is a way to address the problem,however we can also say that getting away and doing other activities is possible, but if a person is addicted to trading and loses it is because their analyzes are very wrong and that cannot continue like this, if a trader does some things or changes in his strategy, things can flow, for example if he fails 3 times in trading, it is best to stop, and wait until he has a better understanding In the tradign, now if a person is addicted to trading but is winning, then things are not so bad, because it is money that is being generated.

The problem is that the trade even didn't noticed that he is losing 3 times in a row which it triggers more his emotion to trade more. That is mostly the problem you cant now control your selves. That is why other hobbies like sports which you set specific time of the day like around 3pm that you need to play basketball or anything which really forced you to stop. Though it is really best to have someone to support you in getting out in the addiction as it is pretty difficult alone.

LUCKMCFLY

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Quote from: nara1892 on March 05, 2023, 07:26:09 AM

Quote from: Sanitough on March 02, 2023, 01:40:11 PM

Quote from: Davidvictorson on February 18, 2023, 04:42:06 PM

Any venture that has the word "addiction" attached to it, is never a good one. If you check carefully, you will see that the individual's physical and mental health, social and personal life, and relationships are affected, either directly or indirectly. Anyone who is addicted to trading despite having losses is just chasing losses. There is no professional trader that I know who has been very successful with trading who wouldn't advise beginners on the need to maintain a balance.

Everything that is done abused always create a negative motivation that will lead into an addiction. And with addiction, everything will be affected especially if you keep ignoring it and instead, continue to chase more profits so you can benefit them more. However, with trading addiction, it can be more manageable because you can actually stop trading if you have no funds to start it with. Therefore, being addicted into trading is probably more on seasonal that you can anytime stop your addiction if the market too is not allowing you to be profitable.

Addiction is more likely to lead to negative things, especially when it involves finances. Back to ourselves, if we don't want to have addiction in trading we can manage time and finances one of them. Maybe we usually trade 7 days a week, that can be reduced to 5 days for example. Or we usually trade 8 hours a day, we can reduce it to 4 hours. Set profit targets and set loss targets, it will help us not to have addiction in trading.

Establishing schedules to be able to handle an addiction problem is always very good,because it is a way to address the problem,however we can also say that getting away and doing other activities is possible, but if a person is addicted to trading and loses it is because their analyzes are very wrong and that cannot continue like this, if a trader does some things or changes in his strategy, things can flow, for example if he fails 3 times in trading, it is best to stop, and wait until he has a better understanding In the tradign, now if a person is addicted to trading but is winning, then things are not so bad, because it is money that is being generated.

kamvreto

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MAaaN...!! CUT THAT STUPID SHIT

Quote from: Nrcewker on March 17, 2023, 12:19:23 PM

I mean, how the heck is someone addicted to trading? If they are making losses in trading, then they will definitely stop at a point when they won’t have money to trade further. Otherwise, if they have tons of money and are making good profits from trading, then this addiction isn’t at all bad, to be honest. Until and unless you trade within your limits, there is no harm, but if you exceed the amount that you have committed for the trades, then definitely it will be a big problem. I haven’t come across any crazy incidents or met anyone who is addicted to trading. People trade just to earn some extra income. Trading isn’t a source of recreation, so how will it become an addiction?

Maybe addiction is meant when trading without having good knowledge of trading and wanting to continue trading even though many losses have occurred. Because this kind of trading is like gambling where you only make guesses. Futures trading is usually what they use, just guessing up or down then holding big leverage. I know someone who does something like this and he always loses, but even he doesn't learn from those losses. If you only do normal trading and still have basic knowledge, you can still control it. But if you only rely on instinct, it's no different from gambling.

Jody.Drummer

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Quote from: Kelvinid on March 17, 2023, 09:04:02 AM

Quote from: Xampeuu on March 17, 2023, 03:16:12 AM

Discipline in the framework must really be applied, so that we understand the strengths and weaknesses of our trading system. There is no one perfect strategy, of course each has its own strengths and weaknesses, usually what happens is that people easily change strategies if the results don't match their analysis. until they are busy looking for the best strategy. therefore we must be in the environment of traders, so that we can tell each other about experiences, so that we can develop ourselves

Well, being in a group of people who are experts in trading could really give us a brilliant idea which uplifts our capabilities. Keeping these people on our side will create good trade communication which I see positive outputs and hear most of all, we can hear advice that can really help us when making decisions. To become successful trader must also have control of ourselves and accepts advice/correction for every mistake we have. Otherwise, we end up a failure and broke.

It seems like a certainty especially with the condition that we are in the right environment like being in a group of people who like to do this, of course there will be new things that we can learn and examine what they have done and can become a new concept. which we can apply to support ourselves to be even better because we also cannot consider ourselves perfect, moreover, of course there will be some gaps that are difficult for us to cover and of course seeing from experience and sharing with the same association it is possible to cover the puzzle empty here.

deathcode

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Quote from: Oshosondy on February 07, 2023, 02:24:03 AM

Are you addicted to trading?

I don't think I'm addicted to trading. I still trade normally when I get profits I'm happy but when I have a losing streak I can still stop and switch to another activity and forget about the loss. Because in my opinion, if we talk about "addiction" it will definitely lead to negative things, such as a pattern of life that becomes irregular and can no longer think logically and realistically.
In trading activities, sometimes we are unconsciously carried away by our emotions if we experience a loss. There are people who can control themselves but there are also some people who cannot control themselves and their emotions when carrying out trading activities and even get carried away by emotions when doing other activities so that it affects their mental health, I don't know but maybe if it's like that they might easily experience effects which is negative and could possibly point to signs of trading addiction.

Quote from: Oshosondy on February 07, 2023, 02:24:03 AM

What are you doing naturally to stay away from trading addiction?

What I do is not start trading if I am tired or in a state of trouble or in a state of anger. Because I think if we start trading with conditions like that, I'm sure the trading activities that will be carried out will not be effective at all.

Nrcewker

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I mean, how the heck is someone addicted to trading? If they are making losses in trading, then they will definitely stop at a point when they won’t have money to trade further. Otherwise, if they have tons of money and are making good profits from trading, then this addiction isn’t at all bad, to be honest. Until and unless you trade within your limits, there is no harm, but if you exceed the amount that you have committed for the trades, then definitely it will be a big problem. I haven’t come across any crazy incidents or met anyone who is addicted to trading. People trade just to earn some extra income. Trading isn’t a source of recreation, so how will it become an addiction?

MusaPk

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Quote from: Kelvinid on March 17, 2023, 09:04:02 AM

Well, being in a group of people who are experts in trading could really give us a brilliant idea which uplifts our capabilities. Keeping these people on our side will create good trade communication which I see positive outputs and hear most of all, we can hear advice that can really help us when making decisions. To become successful trader must also have control of ourselves and accepts advice/correction for every mistake we have. Otherwise, we end up a failure and broke.

Trading in crypto required great care compared to other markets like forex or stock. Stock and foreign are much matured market compared to crypto and one can learn that by reading books or attending training sessions.
The crypto market is still evolving and there are yet no rules that can lead you to success. One need to be careful while doing crypto trading. You can read advice of experts here on this forum. There is no point in keep on investing if you are getting losses.

Pandu Geddon

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Quote from: Kelvinid on March 17, 2023, 09:04:02 AM

Well, being in a group of people who are experts in trading could really give us a brilliant idea which uplifts our capabilities. Keeping these people on our side will create good trade communication which I see positive outputs and hear most of all, we can hear advice that can really help us when making decisions. To become successful trader must also have control of ourselves and accepts advice/correction for every mistake we have. Otherwise, we end up a failure and broke.

when you are a trader and have friends with experienced traders, of course, it will be good for you.
rather we would be copying their trades, or they could be giving us signals. but discussing their experiences and also the strategies they use will make our planning and skills in trading analysis better.
just take what can be useful to us. making friends with those who are experienced helps us. I experienced this.

Kelvinid

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win lambo...

Quote from: Xampeuu on March 17, 2023, 03:16:12 AM

Quote from: Jody.Drummer on March 16, 2023, 01:28:25 PM

Therefore we must be able to control our greed when we get profits, and be able to control our emotions when we experience losses. Setting profit targets and setting loss targets must be done from the start so that it becomes a benchmark for when we should stop. Don't try to exceed the targets we set at the beginning, because usually that's the first thing we will feel regret when what we do is wrong. In that way we can control ourselves, not even to become addicted to trading.

Discipline in the framework must really be applied, so that we understand the strengths and weaknesses of our trading system. There is no one perfect strategy, of course each has its own strengths and weaknesses, usually what happens is that people easily change strategies if the results don't match their analysis. until they are busy looking for the best strategy. therefore we must be in the environment of traders, so that we can tell each other about experiences, so that we can develop ourselves

Well, being in a group of people who are experts in trading could really give us a brilliant idea which uplifts our capabilities. Keeping these people on our side will create good trade communication which I see positive outputs and hear most of all, we can hear advice that can really help us when making decisions. To become successful trader must also have control of ourselves and accepts advice/correction for every mistake we have. Otherwise, we end up a failure and broke.

Xampeuu

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Quote from: Jody.Drummer on March 16, 2023, 01:28:25 PM

Quote from: Pejoh Asu on March 13, 2023, 02:50:02 AM

Trading really makes us always curious, if we profit then we will have hope for bigger profits, but if we lose then we will try to use other techniques in order to be profitable, many people say trading is like gambling, but in my opinion trading is something different from gambling , if it's gambling then we don't need any analysis and have a timeframe, while with trading we can set the profit we want and it doesn't matter if it is achieved in a long or short time.

Therefore we must be able to control our greed when we get profits, and be able to control our emotions when we experience losses. Setting profit targets and setting loss targets must be done from the start so that it becomes a benchmark for when we should stop. Don't try to exceed the targets we set at the beginning, because usually that's the first thing we will feel regret when what we do is wrong. In that way we can control ourselves, not even to become addicted to trading.

Discipline in the framework must really be applied, so that we understand the strengths and weaknesses of our trading system. There is no one perfect strategy, of course each has its own strengths and weaknesses, usually what happens is that people easily change strategies if the results don't match their analysis. until they are busy looking for the best strategy. therefore we must be in the environment of traders, so that we can tell each other about experiences, so that we can develop ourselves

Mahanton

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Quote from: Jody.Drummer on March 16, 2023, 01:28:25 PM

Quote from: Pejoh Asu on March 13, 2023, 02:50:02 AM

Trading really makes us always curious, if we profit then we will have hope for bigger profits, but if we lose then we will try to use other techniques in order to be profitable, many people say trading is like gambling, but in my opinion trading is something different from gambling , if it's gambling then we don't need any analysis and have a timeframe, while with trading we can set the profit we want and it doesn't matter if it is achieved in a long or short time.

Therefore we must be able to control our greed when we get profits, and be able to control our emotions when we experience losses. Setting profit targets and setting loss targets must be done from the start so that it becomes a benchmark for when we should stop. Don't try to exceed the targets we set at the beginning, because usually that's the first thing we will feel regret when what we do is wrong. In that way we can control ourselves, not even to become addicted to trading.

When we are still noob then we do have those perceptions that trading would be that simple, on the time that we do able to gain up our first profits then we would really
be having on mind that this trading is really just that simple.On the time that you do suffer losses then this is where you do make yourself that impulsive just like when we
do play gambling on where it do really comes into a point on where we do make ourselves desperate which is really not that recommendable. Being addicted on trading or
having this kind of behavior wont really be that bad as long things would really be in control.

Jody.Drummer

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Quote from: Pejoh Asu on March 13, 2023, 02:50:02 AM

Trading really makes us always curious, if we profit then we will have hope for bigger profits, but if we lose then we will try to use other techniques in order to be profitable, many people say trading is like gambling, but in my opinion trading is something different from gambling , if it's gambling then we don't need any analysis and have a timeframe, while with trading we can set the profit we want and it doesn't matter if it is achieved in a long or short time.

Therefore we must be able to control our greed when we get profits, and be able to control our emotions when we experience losses. Setting profit targets and setting loss targets must be done from the start so that it becomes a benchmark for when we should stop. Don't try to exceed the targets we set at the beginning, because usually that's the first thing we will feel regret when what we do is wrong. In that way we can control ourselves, not even to become addicted to trading.

Topic: Trading addiction, are you coping? - page 3. (Read 1230 times)