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Topic: You could die from trading. - page 10. (Read 2028 times)

full member
Activity: 1330
Merit: 147
May 02, 2021, 05:00:54 PM
#37
I guess it just for those who trade in the future market especially who use high leverage. It is really crazy to see the money movement from our capital even in each minutes. I had an experience when I just started to trade and choosing future market with using high leverage, I just lose almost $300 in five minutes due to I set the stop lose feature very close to my entry point.

Yeah, at that time I haven't known about trading strategy so as I just guessed the stop lose feature by my logic not by an analyst. And you are right, there is many possibility  For people who do not have the ability to control their emotions will face the disease that you have mentioned specifically heart attacks. Your heart will beat faster when in a trading position, be it when you are experiencing a loss or even when you are in a profit position.
legendary
Activity: 2338
Merit: 1084
zknodes.org
May 02, 2021, 04:10:56 PM
#36
Dead events while working in trading are quite often heard and seen in the news. some of them have committed suicide because they suffered enormous losses. others experience prolonged stress or have heart attacks.

Incidents like this should be avoided by adjusting a healthy lifestyle by exercising and training psychology not to drop too much when experiencing losses. positive thinking would be better.
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
May 02, 2021, 04:08:32 PM
#35
I'd never heard that someone die because of trading, what I mostly heard is from gambling and winning from the lottery.

Of course, it is very important to have a healthy lifestyle but that could be a big challenge these days because we are surrounded by an unhealthy environment, even the food we ate and water to drink are not healthy anymore. As the development continues, the more our lives become risky and we can die at any time even just doing less stressful job.

- Death here is probably suicides, trading is one job that eliminates a lot of investors every day, I don't know how this is the case in crypto trading but trading in the stock market for some years, investor bankruptcy rate is relatively high and has to settle their life by death. In the future, some investors may also reduce their lifespan due to some of the unhealthy activities here, most of whom identify trading as a full-time job, they are very stressed and ignore the biological states of the body, accumulating over time will be an underlying disaster that destroys and kills us



One example

--> https://www.forbes.com/sites/sergeiklebnikov/2020/06/17/20-year-old-robinhood-customer-dies-by-suicide-after-seeing-a-730000-negative-balance/

This is the feeling when someone losses a lot or all of his assets. But this incident is clearly the fault of Robinhood.

This is an example.

Mental health should also be considered. I'm sure there are many crypto traders who go bankrupt because of their trading and some of it puts all of their assets in the market, Without proper mental health could cause this kind of incident. The physical health issue is common on an adult whatever the job you have. Smoking, Drinking, not having proper sleep, and other non-healthy activities exist in different people and I think a trader who has these unhealthy activities is on their own choice and knows the risk in their lives. A good mental health is what we traders need.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
May 02, 2021, 03:03:30 PM
#34
Very well said, the constant balance in every activities will keep you away from certain problems  with your health.

You don't need to stay longer from monitoring your trading activities, for beginners maybe extending time is quite normal as they are trying to understand the whole concepts, but along the way it's very important to learn how to balance.

There are many things to do aside from your trading business, keep yourself active and live as normal as you can.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
May 02, 2021, 01:52:39 PM
#33
As a trader, there is a lot of ups and downs in the market, you could loose all your capital in less than a minute with just a very little analytical mistake. The importance of living healthy cannot be overstated to reduce especially the risk of stroke, hypertension or a heart attack which are all long term effect of the accumulated stress gathered from constantly monitoring the market charts, sitting for long hours and increased palpitations and heightened blood flow, which are all situations that full time traders experience.

Always try to give yourself enough time to rest, exercise and maintain a healthy diet as well a social life. All this activities help reduce stress both mentally and physically.



The rest of your post brings important information that it is necessary to know as trading can affect your health in a significant way and it is widely known that those that trade develop digestive disorders as well due to the pressure they suffer when they trade, however I cannot ignore the bold part.

You cannot lose all your capital in a minute if you actually know how to trade, the first thing that any reasonable book about trading will teach you is how to use a stop loss as that is the best mechanism we have to protect our capital, and anyone trading without a stop loss and using leverage is someone that sooner or later will be bankrupt due to their ignorance and taking too many risks.
hero member
Activity: 1302
Merit: 503
May 02, 2021, 11:49:12 AM
#32
I'd never heard that someone die because of trading, what I mostly heard is from gambling and winning from the lottery.

Of course, it is very important to have a healthy lifestyle but that could be a big challenge these days because we are surrounded by an unhealthy environment, even the food we ate and water to drink are not healthy anymore. As the development continues, the more our lives become risky and we can die at any time even just doing less stressful job.

- Death here is probably suicides, trading is one job that eliminates a lot of investors every day, I don't know how this is the case in crypto trading but trading in the stock market for some years, investor bankruptcy rate is relatively high and has to settle their life by death. In the future, some investors may also reduce their lifespan due to some of the unhealthy activities here, most of whom identify trading as a full-time job, they are very stressed and ignore the biological states of the body, accumulating over time will be an underlying disaster that destroys and kills us
member
Activity: 518
Merit: 45
May 02, 2021, 11:38:15 AM
#31
The entire cryptocurrency is a risk and once you get too addicted to the price of your portfolio, it affects your mental state. This happens often with passive traders that have multiple portfolios to monitor.
legendary
Activity: 2128
Merit: 1775
May 02, 2021, 11:09:40 AM
#30
Always try to give yourself enough time to rest, exercise and maintain a healthy diet as well a social life. All this activities help reduce stress both mentally and physically.
In general, people today do not care about all of that. Healthy living should be the main factor for the survival of every human being, no one forbids to trade, but must have a good timing for our health, what you say all makes sense.

Crypto trading that we often do today, many people no longer think about time to rest, staying up late is the mainstay of trading crypto.

OP I just added a little about trading vs, stay up late.

If you don't determine a good time for yourself automatically, if you often stay up late the most fatal effects can be felt such as: decreased or weakened libido decreased sexual desire, due to blood pressure, depleted energy and lack of exercise, bone fragility, increased fat, all of which can be triggered by trading and often staying up late without thinking about our own health.

The point: maintain health, rest, don't stay up too long, it can keep you healthy.
full member
Activity: 826
Merit: 100
May 02, 2021, 10:25:35 AM
#29
A balanced time for trading/health improvement is a must for us and we should understand and always be mindful that health is more valuable than wealth. Don't stare at the PC and charts for so long go exercise your body and also improve your mental health as suicide due to trading is a real thing. Protecting our capital and keeping good health is the best combo to a healthy trading career.
as long as I do, we can do daily trading well, without having to disturb the rest period. so we can trade by making a framework on a small time frame, so that when it's night I always clear all positions, be it profit or loss. if the term is scalping, looking for small opportunities to make a profit
sr. member
Activity: 1176
Merit: 250
Buzz App - Spin wheel, farm rewards
May 02, 2021, 10:22:45 AM
#28
As a trader, there is a lot of ups and downs in the market, you could loose all your capital in less than a minute with just a very little analytical mistake. The importance of living healthy cannot be overstated to reduce especially the risk of stroke, hypertension or a heart attack which are all long term effect of the accumulated stress gathered from constantly monitoring the market charts, sitting for long hours and increased palpitations and heightened blood flow, which are all situations that full time traders experience.

Always try to give yourself enough time to rest, exercise and maintain a healthy diet as well a social life. All this activities help reduce stress both mentally and physically.



sometimes someone who is prone to illness when facing trading is stressful he thinks about trading. for that, many professional traders set the best and planned trading times to avoid these occurrences so that trading continues and the body is not disturbed
hero member
Activity: 1148
Merit: 501
May 02, 2021, 10:19:58 AM
#27
I am very agree with your opinion, i believe that Trading is not for Everyone,  Trading means Risk If you can afford to lose your Money then you can Trade on Crypto. Crypto Trading is not a Comfortable Business.
sr. member
Activity: 1484
Merit: 276
May 02, 2021, 08:54:37 AM
#26
A balanced time for trading/health improvement is a must for us and we should understand and always be mindful that health is more valuable than wealth. Don't stare at the PC and charts for so long go exercise your body and also improve your mental health as suicide due to trading is a real thing. Protecting our capital and keeping good health is the best combo to a healthy trading career.
hero member
Activity: 1778
Merit: 709
[Nope]No hype delivers more than hope
May 02, 2021, 08:51:12 AM
#25
Crypto volatility creates such worries and forces you to monitor charts all the time to make you forget other things that are more priority. Therefore, you should assume that you have lost once you enter the crypto market. Although you will not allow that to happen, it will help you in making a decision on what the maximum initial capital you will invest and you will not suffer worries and undermine your health.
sr. member
Activity: 1344
Merit: 253
May 02, 2021, 08:40:28 AM
#24
indeed as a trader full of pressure as you describe. if we still feel uncomfortable, then there is still something wrong with us. we must be able to enjoy trading, loss / profit is a common thing in trading. Moreover, until our capital runs out, I think it is a gamble, won't we be able to cut losses if the market moves not according to plan and breaks from the previously made framework?
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
May 02, 2021, 08:38:21 AM
#23
I'd never heard that someone die because of trading, what I mostly heard is from gambling and winning from the lottery.

Of course, it is very important to have a healthy lifestyle but that could be a big challenge these days because we are surrounded by an unhealthy environment, even the food we ate and water to drink are not healthy anymore. As the development continues, the more our lives become risky and we can die at any time even just doing less stressful job.
hero member
Activity: 1498
Merit: 506
May 02, 2021, 08:25:54 AM
#22
Yes that's true you could die from trading also there are some instance that you would not die directly but would have a big effect leading you to death such as trading your whole money that results on destroying your lives or something like that. It's like gambling and we should be responsible for all our investments.
full member
Activity: 2128
Merit: 180
May 02, 2021, 05:52:46 AM
#21
Just like gambling there’s a lot of suicide cases with regards to trading especially those who lose a lot of money so its also important to build yourself, and control your emotion positively because in trading, everything is possible.
Trading can also be considered as gambling, and those who are in pain to see their losing portfolio might be on a big risk and should consult the help of their family as soon as possible. We know how the money affects our life and if the money we work for so hard will loss in just a day, for sure you’ll panic and that’s normal. As a trader you have to be strong not just financially but also mentally and emotionally, just be a trader if you have the knowledge about it, and if you have extra funds dedicated for trading only.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
May 02, 2021, 05:31:12 AM
#20
That is why traders must have an allocation of how much time they will use in a day for trading activities, and need to keep exercising.
But when it comes to health issues due to losses, the solution is to only use the funds that you can afford to lose and also realize that trading is not only about profit but also loss.
legendary
Activity: 2408
Merit: 4282
eXch.cx - Automatic crypto Swap Exchange.
May 02, 2021, 05:15:21 AM
#19
Always try to give yourself enough time to rest, exercise and maintain a healthy diet as well a social life. All this activities help reduce stress both mentally and physically.

When you say it like that it seems you can simply die from trading like trading can cause death itself meanwhile it's the lost, stress and other unhealthy effects that can lead to death. Trading especially when you're a day trader that spent most of his/her day at the screen could cause may deadly illness itself so giving yourself some break and utilizing the automated features could help.

Instead of monitoring the market, waiting for when to buy or sell, you make use of the buy limit order and set your buy order then wait for the system to execute that trade while you're doing something more health like the exercises or reading a book to feed your brain.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
May 02, 2021, 04:39:01 AM
#18
Yeah trading is more mentally exhausting as many ever imagined. Just imagining having an asset that's really volatile could keep you up for the whole night but there's reason why exchanges offers a way to make buy limit, sell limit, etc or even there's reason why trading bot was created and it's mainly to give more leeway and relaxation to the traders, what you need is just to set up your strategy you don't need to stay awake the entire night though if the coins that you were invested in turns out flopping so hard the next morning and you don't set anything to prevent your asset from draining it could be really stressful indeed.
I personally prefer to invest long term, just put the money in some project or coin and then forget about it until next few years. One thing for sure though, if you don't want to get stressed out from trading avoid pump and dump shitcoins from telegram crypto groups.
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