You,as a trader,what do you think of Nootropics? - page 2.

darkangel11

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Quote from: The Sceptical Chymist on September 06, 2018, 11:31:52 AM

You have to be careful with this stuff. The stimulants can be addictive, and everything has side effects.

Most people say that these are not addictive and it's the main reason why they aren't banned. I was thinking about trying armodafinil as it's the improved version of modafinil and easily accessible where I live, but I talked to someone who tried using it and godt discouraged. It appears that the effects don't work wonders for some people. You can be a little more resistant to it. For instance that friend of mine took a normal dose and didn't feel anything, so the next day he doubled it and felt a slight increase of energy, during the day, but also couldn't sleep at night, so it basically threw him out of balance.
I also read about the side effects after prolonged use. Some people get like a hangover the next day or insomnia. I might try it anyway to see how my body reacts, but that's it.

cryptocrusher

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Personally when the markets are active and I'm trading I don't need any drugs to keep me alert, the whole thing almost feels like a drug to me when I'm completely sober. For other things in life though they're highly beneficial and I have zero issues with people using them, it's their own bodies and they should be free to do as they please.

The Sceptical Chymist

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Ha ha, great topic.

I've read a bit about nootropics, but I've never tried them. One of the ones I've been fascinated with is vasopressin, which apparently works as a nootropic. Never tried it, but I've read some good stuff about it.

The amphetamines, methylphenidate, and modafinil make sense, since they're CNS stimulants and a lot of college students use them for studying binges. It's damn hard to stay up all night cramming for an exam without a little chemical help. Me, I did it with just Mountain Dew and coffee, but that's because I had a toxic relationship with illicit substances well before my college days. *ahem*

You have to be careful with this stuff. The stimulants can be addictive, and everything has side effects.

Aveatrex

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Quote from: FlamingFingers on September 06, 2018, 06:07:22 AM

Unfortunately, the most popular ones are the worst with side–effects.

I would say instead,that the most effective nootropics are the worst with side-effects.Simply because the most effective ones are synthetic,therefore their side effects are much more dangerous that natural nootropics like coffee or like the ones you've stated above.

Quote from: joniboini on September 05, 2018, 10:13:31 PM

I still think that experience and skills (which requires time) are more important. And there's no study yet (at least that I know of) that shows the profits difference when experienced traders trade using nootropics or not. It probably gives them some boost, but I think won't it be that much. Well, this is just a claim and a study has to be done to prove it. The idea of using the substance itself doesn't bother me, it's just the same as when you drink coffee to keep you awake to finish your job.

Btw, meditation and self-hypnosis (NLP) could be another option to strengthen our focus.

Ofcourse,experience and skills are important.Nootropics won't make you "Smart" as everybody thinks it does.It will only give to a trader the possibility of giving the best of himself in terms of reasoning, alertness and focus,ofcourse he will not become rich over night thanks to a "magical" pill.

I don't know what to think of meditation,I have tried it before I don't know,I don't feel any self improvement except feeling sleepy.I prefer meditation with music,it gives a good boost of adrenaline.

If anyone has experienced nootropics while trading,please share your experience with us

FlamingFingers

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Quote from: Aveatrex on September 05, 2018, 06:31:39 PM

I respect your point of view,but I just want to point out that a "drug" isn't necessarily negative.When you are sick,you take drugs to cure yourself and still most of cures have side effects too with different degrees.Everything has a price and having a sharp brain for like 12 hours straight is pretty convenient in some cases,I admit that some nootropics have severe side effects but some of them not if you take the good dosage,let's just take the example of coffee or caffeine it's also a drug and sometimes also referred as a nootropic but in little effect.A trader who want to make the most of profit during a promising day would easily opt out for these,the world where we are living is competitive as f**k and it's only the beginning,a student who want to get into a good university is ought to give the better of himself,same for a worker who want to reach a financial status to build a family and live worthily.

I was talking specifically about the types of 'Smart Drugs' you mentioned. Of course, there are good Nootropics with excellent results, not denying that. Unfortunately, the most popular ones are the worst with side–effects.

Quote from: joniboini on September 05, 2018, 10:13:31 PM

Quote from: FlamingFingers on September 05, 2018, 06:09:30 PM

Okay, those are drugs (let's not sugar coat them, please, they are even referred to as 'Smart Drugs'). So they still can damage your brain, destroy your health, ruin your life, and they are just as addictive as 'normal' drugs, if not worse, with terrible side–effects and few benefits. You don't really need that kind of 'brain boost' to trade cryptocurrencies (even if you are an anxious 24/7 trader who doesn't sleep), as it will make matters worse.

Is this just your opinion or was it backed-up by some scientific research?

I recommend reading this piece: https://nootropicsexpert.com/smart-drugs-the-bad-and-the-ugly/
It extensively illustrates everything about Nootropics (or Smart Drugs), and the author seems to understand what he is talking about, unlike dozens of other media outlets that are clearly clueless (from what I have read so far).

joniboini

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Quote from: FlamingFingers on September 05, 2018, 06:09:30 PM

Okay, those are drugs (let's not sugar coat them, please, they are even referred to as 'Smart Drugs'). So they still can damage your brain, destroy your health, ruin your life, and they are just as addictive as 'normal' drugs, if not worse, with terrible side–effects and few benefits. You don't really need that kind of 'brain boost' to trade cryptocurrencies (even if you are an anxious 24/7 trader who doesn't sleep), as it will make matters worse.

Is this just your opinion or was it backed-up by some scientific research?

Quote from: Aveatrex on September 05, 2018, 06:31:39 PM

Sure,what you have stated is correct.But clinical studies (neurons studies I guess?)of these nootropics back up the fact that it's way more effective than just "enough sleep" and "good diet"

I still think that experience and skills (which requires time) are more important. And there's no study yet (at least that I know of) that shows the profits difference when experienced traders trade using nootropics or not. It probably gives them some boost, but I think won't it be that much. Well, this is just a claim and a study has to be done to prove it. The idea of using the substance itself doesn't bother me, it's just the same as when you drink coffee to keep you awake to finish your job.

Btw, meditation and self-hypnosis (NLP) could be another option to strengthen our focus.

Aveatrex

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Quote from: FlamingFingers on September 05, 2018, 06:09:30 PM

Okay, those are drugs (let's not sugar coat them, please, they are even referred to as 'Smart Drugs'). So they still can damage your brain, destroy your health, ruin your life, and they are just as addictive as 'normal' drugs, if not worse, with terrible side–effects and few benefits. You don't really need that kind of 'brain boost' to trade cryptocurrencies (even if you are an anxious 24/7 trader who doesn't sleep), as it will make matters worse.

I respect your point of view,but I just want to point out that a "drug" isn't necessarily negative.When you are sick,you take drugs to cure yourself and still most of cures have side effects too with different degrees.Everything has a price and having a sharp brain for like 12 hours straight is pretty convenient in some cases,I admit that some nootropics have severe side effects but some of them not if you take the good dosage,let's just take the example of coffee or caffeine it's also a drug and sometimes also referred as a nootropic but in little effect.A trader who want to make the most of profit during a promising day would easily opt out for these,the world where we are living is competitive as f**k and it's only the beginning,a student who want to get into a good university is ought to give the better of himself,same for a worker who want to reach a financial status to build a family and live worthily.

Quote from: harizen on September 05, 2018, 05:13:08 PM

Not necessary.

If you are eager to do trades you can focus and concentrate without taking such substances. A well balanced meal and sleep with plenty time of rest should be fine. It's the most effective to way to relax our mind to the stressful word of trading.

And besides, if a trader is on the trading industry for long period of time, they surely knows how to focus on work especially at making strategy without the help of a supplements.

Anyways different people have different ways.

Sure,what you have stated is correct.But clinical studies (neurons studies I guess?)of these nootropics back up the fact that it's way more effective than just "enough sleep" and "good diet"

FlamingFingers

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Okay, those are drugs (let's not sugar coat them, please, they are even referred to as 'Smart Drugs'). So they still can damage your brain, destroy your health, ruin your life, and they are just as addictive as 'normal' drugs, if not worse, with terrible side–effects and few benefits. You don't really need that kind of 'brain boost' to trade cryptocurrencies (even if you are an anxious 24/7 trader who doesn't sleep), as it will make matters worse.

rodskee

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Quote from: Aveatrex on September 05, 2018, 04:58:52 PM

A lot of people in different domains,either it is studying,working or trading,they use nootropics.
What is nootropics?
In short,nootropics are chemical substances that have direct impact on cognitive skills or help to concentrate and focus.Most popular oens are modafinil,racetams,amphetamines....
Trading is an acitivity that requires a lot of work and focus,I'm curious to know what is your experience as a trader with these kind of things

I think some people use it to stay calm and control itself
For my on own experience working in trading need to give more quality time to choose what is potential coins to gives earning in my day trade
But not it means need to use any substantial drugs or vitamins to stay long hours or 24/7 focus in tarding i give 3 to 5 hours time allotment for my tarding to give way my other activities in real life and give enough rest if need to rest

harizen

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Not necessary.

If you are eager to do trades you can focus and concentrate without taking such substances. A well balanced meal and sleep with plenty time of rest should be fine. It's the most effective to way to relax our mind to the stressful word of trading.

And besides, if a trader is on the trading industry for long period of time, they surely knows how to focus on work especially at making strategy without the help of a supplements.

Anyways different people have different ways.

Aveatrex

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A lot of people in different domains,either it is studying,working or trading,they use nootropics.
What is nootropics?
In short,nootropics are chemical substances that have direct impact on cognitive skills or help to concentrate and focus.Most popular ones are modafinil,racetams,amphetamines....
Trading is an activity that requires a lot of work and focus,I'm curious to know what is your experience as a trader with these kind of things

Topic: You,as a trader,what do you think of Nootropics? - page 2. (Read 359 times)