Topic: You could die from trading. - page 11. (Read 1943 times)

That's not entirely true. You can get additional profits if you buy at $50k and sell at $55k. The point is, trading is a high-risk high-return game (depends on how you trade too though). Just like any other 'gamble', anyone can take the opportunity to gain profits, as long as they don't eat more than they can chew.

You could die from trading, you could also die if you're the police, and you could also die if you're a doctor in a warzone. In short, just because you trade, doesn't mean you will automatically have suicidal thoughts in the next hours.

Anything could kill you if you put importance to it, that or it affects your life way too much for you to actually ignore it. It's nothing new, just find something to actually contradict or counter the stress your feeling. As long as no one is negatively affected, you can enjoy it to the fullest imo.

Wasn't this the kid that "thought" he lost money in trading? Iirc it was just a mistake or something in the software side, he never really lost money just that it wasn't credited yet. I remembered reading this way back then and was a kind reminder for me to actually not enter trading back then since I bloody knew nothing. Poor kid though ngl.

Just take a cup of tea if you're feeling stressed. You don't need to force yourself to trade just because you think you're missing out. FOMO is quite common due to FUDs as well. People are too emotionally attached to their money and that is what is hurting them the most here in crypto.
I'll mean it that I panicked before when I was day trading that's why I quit that hobby.

Oh man that’s serious allegation on trading. Though it is true at a times but please note that on every trading platform, brokerage firm, websites, exchangers they have these terms and conditions which states, trading is subject to market risks and it involves the risk of loosing monetary and statutory funds.

Now if anyone is entering into the market then they are responsible for the same. They should know they are playing with their own money and gambling it in the most volatile market present out here.

So I don’t think one can die literally if they know what they are doing.

That's why i'm on long term investor or HODLer instead trader. That doesn't make any sense for you to always stay 24/7 on screen or your laptop to maintain the price. As example, bitcoin was traded below $50k just few days ago, and now? Bitcoin traded above $55k and it bring much profit of HOLD instead trading or daily trade.

Crazy and sad at the same time.

We can compare that to reality, what if some trader experience that for real without any glitch and technical problem from the side of exchange.

Trading is so stressful and I die many times with trading. I got profit, lost it, lost capital, got it back, got profit then lost it again. It is an eternal cycle of my trading. I learned that investment is better. Less stressful, more profit, more spare time to enjoy my life, more time to spend for my family.

Trading or investment is for prosperity, financial freedom and for better life quality. Hence, I think I will not concentrate my capital, health and time for trading. Investment will give me freedom, financially and others.

Investments are only good if you invest in Bitcoin and very few top altcoins. Shit altcoins will only end with blood.

Can we stop calling gambling trading?

If you're putting all your funds on a trade (especially if its leveraged) you're not trading well, you're trading with high risk (gambling). It's like putting a bet on the horse with the best odds, you're going to lose more than you win in most cases.


That's kinda crazy... I think Americans are taught to put a lot of value behind their arbitrary units (/fiat) too so it must've felt like a massive blow to him.

Only time that something like that can happen is when you are hyperfocused on trading and you don't do anything other than that. Also, you could've prevented stress and such if you know that you are easily stressed over something. But there should be no pressure, the price goes down then just wait, instead of getting stressed do other things.

correct we should think for our health also when it comes to this stressful way how to multiply money.. Indeed there's a lot of health issue involved to this matter even before , but unfortunately a lot of us here ignored it because its like nonsense and not true but the fact that we don't know it really gradually destroying our health. Just imagine monitoring the graph time on time without proper rest and it becomes your routine everyday since you started trading. Its like we are the one who's killing our self..

The most important is our health, trading income will be worthless if we have unhealthy body. I understand that trading required time to monitor charts and technical analysis but that doesnt mean we have to abuse our health and do some sleepless nights to monitor the entry as well as the profit.

Remember that our wealth is our health, as long as we have a healthy body and mind, we can still do good trading at the same time.

Monitor charts continuously, every day. It will only stress you out. If, what we see is a green graph, we will be happy about it, but if the graph starts to fall periodically, it will make us feel moody and stressful. Therefore, don't look and analyze the charts too often, it will only make you act careless later if you are at the limit of your patience. Because in trading and investing, it is our patience that will be tested, when we see the ups and downs of the chart. Seeing the price of your coin decreasing continuously is not good, it would be better if you take a break and do what you think will restore your spirit and mood (entertainment). Because, if the coin you are holding is of good quality or is in the top exchange, it won't be long before the price will be back to normal.

Sometimes we can make decisions that are not right, because of our own panic and end up regretting it. To avoid this, stop for a moment to look at the chart in front of your monitor, start taking entertainment for yourself, so you can get the mood back and you can trade at your best. Moreover, if you are sick, it will decrease your focus in making decisions. Not only sick, you have a problem or disaster will also affect your work. So if you feel you are not strong enough, take a break.

Balance everything!

You should really balance everything in life..Everything is too much would always be dangerous to us.So you should really be in moderation when it comes to handling up things.

Do exercise and dont focus on keeping your eye in the monitor on the entire day. Dont forget about socializing with other people.
Trading is stressful and there should be a time that you do know on how to relax and to unwind.

It's why it's always emphasized that one should not trade with what they can not afford to lose. With such money one will always have emotions attached to it no matter how much they try to pretend that they are not using any emotions to trade.

Once they lose a trade, they will obviously suffer from psychological disturbance and mental health will also become an issue in the long run. I lost a few huge trades in the past but what helped me is that I didn't really need the money.

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.

Handling your emotion is one of the most important things that you need to learn in trading, because the market can make you panic if you don’t have self-control and you might act negatively if you don’t have it. I also suggest to stay healthy and don’t focus too much on the market, you have to balance your life.

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.

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.