Are you addicted to trading?

Eryk Martin

Recruit
Messages
151
I think we should learn and have a good mindset to minimize greedily, indeed as human nature if actually, they want more and more, like as in wise sentences, if human already reached the first line, they will expect to reached second line, if already hit second line they want to reach the third line, if already hit the third line, they want to go to the fourth line, and it will never end before the death.
That's the basic human nature and it can never change!
 
Messages
13
I have met a few traders who appeared to be addicted to trading and even though they were not professional traders they tended to make their daily decisions based on their trading and often cancelled or rescheduled planed events during the week due to trading.

I think they did that because they were not profitable and believed that they need to be glued to their screens in order to finally turn around and generate profits on a few trades. They seemed addicted to it which influenced their lives in a negative way. You always read about the positives in trading, but very few mention the negative impacts a lot of people suffer (besides losing your capital).

Any thoughts?
Not a good trait to have really. Best just setting alerts/limits and letting the market do the work.
 

bigdolly

2nd Lieutenant
Messages
1,125
I think yes I'm kind of addicted because I trade everyday but profit motivation and self-improvement goals are probably the core drivers of this addiction
 

Charlieboy885

Corporal
Messages
74
I think you can become addicted to trading, it depends on how much you educate yourself. Some traders do not learn the fundamentals and almost trade more like gamblers. In that way they become addicted when a big win comes along. The important thing is to learn the basics and trade with good risk management.
 

fxoday

Recruit
Messages
467
Addiction can involve something business not only forex business alone, some people may be addicted to playing the game, casino, fishing, etc, addicted playing the game make them every day always playing the game and sometimes forget time to sleep, addiction sometimes giving negative impact but sometimes give positive impact, depending how to manage a business that we addicted with
 

bigdolly

2nd Lieutenant
Messages
1,125
I think yes I'm kind of addicted because I trade everyday but profit motivation and self-improvement goals are probably the core drivers of this addiction
 
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