Are you addicted to trading?

[Stephen Paul]

I say the same thing about my sex addiction.

LOL

 

[DaveT]

Addicted to making money is more of an accurate description of my addiction

 

[Christina Ledger]

i wouldnt say im addicted but i think in my first year when i got the hang of it and a true understanding, i was more keen to chart up, the novelty wears off a little after 4 years lol. always good to take breaks though especially if percentage gains arent going according to plan.

 

[Jim B]

I’m not, I often like to take time off from it. I can see how it could be addictive though in a similar to gambling.

 

[bigbax699]

Yes im addicted to the analysis and getting trades right and learning from when im wrong

 

[Alanmarshall]

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?

sometimes I feel I might be, a big part of trading tho is to know when to walk away

 

[Petezaa]

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?

Best to do your setups, set your limits, stop losses and TP's and stay away from the screen.

 

[JayJones]

N

Nice, it's time to convert your passion into profit. Not all your knowledge is profitable but demo account will help to understand what is useful in trading.

THank you . I definitely demo first

 

[downtrend]

When a trader is able to convert his dreams in actual working he will do right to get all he wishes from the market. Demo trading with a purpose will be helpful to make a trader real trader . I will be addicted to trading only when it will be a profitable business for me. before it, I will try to improve my skill so that I can catch that level.

 

[erik59]

Hello
Overtrading is an issue, this is not the right state of mind...
The most important in Trading is the mental aspect of the "game" and the ability to remain composed and free of negative emotions, focus, disciplined and patient. All the qualities that the snipers have. As a former marine (french Troupes de Marine), i share with you this trading psychology video with some Royal Marine Commando adverts and movie clip.

Enjoy!