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Economy => Trading Discussion => Topic started by: Adbitco on March 12, 2023, 09:40:18 PM



Title: Being drunk while trading what was your experience
Post by: Adbitco on March 12, 2023, 09:40:18 PM
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

I have reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.


Title: Re: Being drunk while trading your experience
Post by: Bitcoin_Arena on March 12, 2023, 09:53:24 PM
An hour ago, I went out with a friend of mine and it happens to be a drinking hall (bear parlor) where he got drunk and as well trading.
You meant Beer parlor, right?

Are you sure you are alright, mate?  ;D

Quote
The question is, can you trade while you are already drunk?
I don't think it's something that should be advisable, just like it is not advisable to operate machinery when under the influence of alcohol.

The fact is, once one is drank, the ability to make rational decisions is reduced. Proper decision-making is very vital in trading


Title: Re: Being drunk while trading your experience
Post by: Adbitco on March 12, 2023, 10:02:37 PM
An hour ago, I went out with a friend of mine and it happens to be a drinking hall (bear parlor) where he got drunk and as well trading.
You meant Beer parlor, right?

Are you sure you are alright, mate?  ;D

Quote
The question is, can you trade while you are already drunk?
I don't think it's something that should be advisable, just like it is not advisable to operate machinery when under the influence of alcohol.

The fact is, once one is drank, the ability to make rational decisions is reduced. Proper decision-making is very vital in trading


Well I have never been in that condition before and I would never advise someone to trade while being drunk just as you have said. It was too hard for me to answer that was why I shared here to see the best answer so that I can get ready for more question. Note that this post is made for me to get proper answer so that whenever I meet with him again I can give him a reasonable answer.


Title: Re: Being drunk while trading what was your experience
Post by: Cryptomiles1 on March 12, 2023, 10:08:37 PM
I think there is nothing too hard for you not to answer being that as man you are or to be, you can't really allow any man to be drunk while trading. This made me flash back during those days when I was told in driving school not to get drunk while driving.
So can you drive very well while you already got drunk? Your answer here will surely solve your question.


Title: Re: Being drunk while trading what was your experience
Post by: blockman on March 12, 2023, 10:26:52 PM
You can still trade and be drunk at the same time. There's this type of drunk that knows what he's doing while someone who's drunk that he's already in other dimensions. So choose what type of drunk you're experiencing and if it's the latter part then don't spend and waste your money doing trades if it's too easy for you to throw money on an instant. But you know what's the best drunk and crypto stories that I've heard? It's about the legendary "I am HODLing" by gamekyuubi. (https://bitcointalk.org/index.php?topic=375643.0)


Title: Re: Being drunk while trading what was your experience
Post by: hd49728 on March 13, 2023, 01:35:20 AM
An hour ago, I went out with a friend of mine and it happens to be a drinking hall (bear parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
You always can trade because it's your money but you should not.

When you drunk a lot and get tired, your mind is no longer fresh and your thought, decision can be bad, worse than usual. Even your thought is right, maybe your body will cause you to make mistype, bad touch on the screen and there you go with a loss by trading.

I never do this because trading is available for you every day so it sounds stupid to try trading after drinking lot of bear or wine.


Title: Re: Being drunk while trading what was your experience
Post by: xSkylarx on March 13, 2023, 01:42:55 AM
It depends on the person because on me when i have plans to get drunk and have a party or hangout with my friends i don't usually get trades (sometime checking only my open trade) because i want to have some fun because it useless for me if you are getting hangouts with your friends but always check your phone. Also i do refrain doing this because for sure i cant control my emotions over a trade. It is like dont drive if you are drunk is same with dont trade when you are drunk as it cause you a lot (losses)


Title: Re: Being drunk while trading what was your experience
Post by: crwth on March 13, 2023, 02:32:59 AM
Suppose you accumulate everything that you have with any cases that has something to do with alcohol, and the people involved in it are intoxicated. In that case, almost everything isn't what we want to be, which will be negative. Hence, it's highly likely to be negative and a negative experience.

I tried studying intoxicated once when I was in college. I don't think I could finish the chapter we have a quiz on. I tried, but it was hard; I just wanted to sleep. But that's just me.

You could be lucky in trading, but that's what happens in anything, right? There should be luck with you. I doubt you can decide when you are drunk or something.


Title: Re: Being drunk while trading what was your experience
Post by: Adbitco on March 13, 2023, 07:54:07 AM
Suppose you accumulate everything that you have with any cases that has something to do with alcohol, and the people involved in it are intoxicated. In that case, almost everything isn't what we want to be, which will be negative. Hence, it's highly likely to be negative and a negative experience.

I tried studying intoxicated once when I was in college. I don't think I could finish the chapter we have a quiz on. I tried, but it was hard; I just wanted to sleep. But that's just me.

You could be lucky in trading, but that's what happens in anything, right? There should be luck with you. I doubt you can decide when you are drunk or something.

You made me remembered college, during my days at high school we were asked to segment ourselves in 5 equal parts and we did, along the line we were given some chances to chose a course (topic) which each groups can confidently present to the entire department. Reaching our group, the person who was chosen as group leader happens to the shy type and what he did, he told most of us that he can't stand speaking to everyone in the classroom that he needs something extraordinary to be able to represent the group; we asked what do you need then, he said of getting him alcohol so that he wouldn't mind anyone anymore before he could be able to present without feeling shy. So before his was called out we got him the drink he requested and he took it and represented very well.
Have you experience anything like that was well?


Title: Re: Being drunk while trading what was your experience
Post by: mk4 on March 13, 2023, 08:31:52 AM
Lmao fucking hell.

Remember the 3AC contagion event? I was up a huge amount of money by shorting ETH. I was watching my position after a night of heavy drinking, with me planning on closing my position soon because ETH price was about to hit my target. A few minutes later I manage to fall asleep. When I woke up I was down because ETH already had bounced LOL.


Title: Re: Being drunk while trading what was your experience
Post by: LogitechMouse on March 13, 2023, 08:32:54 AM
The question is, can you trade while you are already drunk?
Yes you can. The question is that, can you still make a good decision while being drunk?

I tried one time, but didn't enter a trade because I didn't see any entry points that I feel I'll be safe or gaining profits. I'm not totally drunk at that time, but I'm half drunk so I'm have a feeling where I want to sleep, but at the same time, I want to trade more. Kind of confusing, but that's what I felt at that time. Ending is I didn't trade and just waited for my dizziness to be gone, and then I proceeded in trading.

I guess it isn't advisable to trade while drunk though you can still trade, but you might make decisions that will make you regret once you're not drunk anymore.


Title: Re: Being drunk while trading what was your experience
Post by: TheUltraElite on March 13, 2023, 08:43:03 AM
Alcohol slows your decision making so while you can literally trade with whatever is in your blood, your decisions will be poorer than when you are not drunk.

As a fun experiment we can try to do dummy trading while drunk and see the outcomes but in real life, anything that slows your brain or disturbs your cognition will hamper the outcome.

Gamblers often get drunk while playing and the effect is not good.


Title: Re: Being drunk while trading what was your experience
Post by: Inwestour on March 13, 2023, 09:08:42 AM
This is one of my ground rules: I never trade or bet while I'm drinking. The reason is quite simple, when I drink I lose focus, I become more relaxed, and in trading you need to be very careful, every decision must be considered.

It seems to me that this concerns responsibility, if we are talking about big money, then you need to behave accordingly. And if you allow yourself to drink while trading, then it seems to me that this shows a person’s attitude towards this business.


Title: Re: Being drunk while trading what was your experience
Post by: Jody.Drummer on March 13, 2023, 05:19:57 PM
I've never experienced this and traded drunk, especially if it was a heavy hangover. And also I have never listened to a story from a friend trading while drunk. However, from people I know, there are indeed people who do a lot of activities while drunk, because they are usually more enthusiastic when working while drunk. I don't know much about trading while drunk, but it seems that some people drink alcohol to make themselves more relaxed in trading. But I personally don't recommend it, because it will greatly affect the trading itself.


Title: Re: Being drunk while trading what was your experience
Post by: Bananington on March 13, 2023, 05:34:21 PM
The question is, can you trade while you are already drunk?
Alcohol normally affects your decision making ability, it affects mine, I become very excited. To trade while drunk will be a bad decision first before the errors follow with analysis from me.

Do not trade with emotions, do not also trade while drunk unless you are a strong alcoholic that needs alcohol to function daily, like some unique people that are immune to the harsh effects of alcohol.  A pub is a place to drink and relax, not a place to drink and trade. A good trader knows when to trade and when not to trade, you should not trade everywhere even if you can, there is a time and a place for everything.


Title: Re: Being drunk while trading what was your experience
Post by: bittraffic on March 13, 2023, 05:48:46 PM
He must be a skilled one that he can trade even when drunk. I wouldn't try it in futures.
Everything though is just going to depend on how much money he has and whether can he accept it if he loses his position.

There are people who are paying more attention to details when high on weed or drunk. They become geniuses instead. I personally know someone who does things in a very careful way particularly when he cooks while high on weed.


Title: Re: Being drunk while trading what was your experience
Post by: GeorgeJohn on March 13, 2023, 06:13:41 PM
Trading when you are drunk is a very big risk to the trader, but it depends on individual body chemistry to metabolised alcohol, so for someone that alcohol is not friendly, I think its going to be a disadvantages to the trader, because its going be out of control or lack concentration in trading that will result out lack of profits, so it will be good to be right or not to under influence of anything when trading.
 


Title: Re: Being drunk while trading what was your experience
Post by: RockBell on March 13, 2023, 08:47:17 PM
I've never been in a situation like that, but the reality is that it's not advised because the effects of alcohol are already starting to take effect. The person must really enjoy trading in order to continue doing so while intoxicated. If you're high, it's best to just go to bed and sleep rather than risk losing money. However, it's funny to note that some people still have their senses even when they're high, so prevention is always better to cure.


Title: Re: Being drunk while trading what was your experience
Post by: lixer on March 13, 2023, 08:53:53 PM
This is one of my ground rules: I never trade or bet while I'm drinking. The reason is quite simple, when I drink I lose focus, I become more relaxed, and in trading you need to be very careful, every decision must be considered.

It seems to me that this concerns responsibility, if we are talking about big money, then you need to behave accordingly. And if you allow yourself to drink while trading, then it seems to me that this shows a person’s attitude towards this business.
There was a famous saying "never drink and drive" because it can lead to dangers. That wasn't only limited to driving of course but we can also apply that on other aspects of our life. When we drink, we will get dizzy and we can not think properly but it helps people to become more confident so if you trade and bet, there is a chance that you will increase the amount that you are placing.

We are lucky if the outcome is positive because we can also end up with a huge profit but still, you may not want to stop there and you can still bust all your capital at the end. There must be a perfect time to drink and it should not be mixed with other important activities.


Title: Re: Being drunk while trading what was your experience
Post by: yhiaali3 on March 13, 2023, 09:01:18 PM
It is obvious that the answer is no, it is never logical to trade while drunk, drunk people lose their balance and sometimes they lose their mind for some time while trading needs a lot of focus and choosing the right decisions.

I do not think that a person can make any correct decision while drunk, even in the law there are some felonies that fall for the drunk because he is not conscious and therefore he is not aware of what he is doing, so it is completely wrong to trade while drunk.


Title: Re: Being drunk while trading what was your experience
Post by: carlfebz2 on March 13, 2023, 09:38:23 PM
It is obvious that the answer is no, it is never logical to trade while drunk, drunk people lose their balance and sometimes they lose their mind for some time while trading needs a lot of focus and choosing the right decisions.

I do not think that a person can make any correct decision while drunk, even in the law there are some felonies that fall for the drunk because he is not conscious and therefore he is not aware of what he is doing, so it is completely wrong to trade while drunk.
When you are drunk then two things are mainly been affected.

1. Proper thinking
2. Emotionless

We know that when you are drunk then you arent on the proper shape on dealing with trading considering that this one really needs up that kind of action which it isnt
really something that you could take a joke or not really that serious. Even if you do know on how to handle yourself when you are drunk but making
up decisions on this condition is really not something recommendable.


Title: Re: Being drunk while trading what was your experience
Post by: Scripture on March 13, 2023, 09:39:44 PM
Probably that your friend can still think properly even if he is drunk already, so this will depend on your beer tolerance since there are someone who can’t totally handle himself when he get drunk. With your friend case, I think he know what he is doing, did you try to ask him for the result of his trade?

Personally, i will not try this one because its too risky and you might lose all your money because you trade while you are drunk and I know myself as a weak in beers, so will never don this.


Title: Re: Being drunk while trading what was your experience
Post by: kamvreto on March 13, 2023, 10:21:33 PM
Trading while in a drunken stupor is ridiculous. There will be no clear thinking when trading, there will be no restrictions due to the influence of alcohol. Don't take a high risk to do this. Trading requires a clear mind to do some analysis. If you trade while drunk, then it's the same as you are gambling, without thought and without analysis, only trading under your awareness. I've never been drunk, but I often see people who have had too much alcohol and do stupid things. if they do trade, then it's obvious what will happen. Lost it all.


Title: Re: Being drunk while trading what was your experience
Post by: @sriyan on March 13, 2023, 10:40:39 PM
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

I have reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.

My advice is don't drink during the trading period. Maybe he is just boasting and acting like a drunk. We don't know exactly if he is drunk or not. So don't copy that person and start doing that. You need the right mindset to do the trading. They say don't drink and drive for a reason. Imagine how much focus and analytic work you need to do while trading.


Title: Re: Being drunk while trading what was your experience
Post by: serjent05 on March 13, 2023, 10:46:56 PM
The question is, can you trade while you are already drunk?

It is taboo to trade while a person is drunk.  It is also one of the must be avoided situations.  As a trader, I never had experience trading while drunk, one of the reason is that, it is hard to make a right decision in trading when one is under the influence of an alcohol

Probably that your friend can still think properly even if he is drunk already, so this will depend on your beer tolerance since there are someone who can’t totally handle himself when he get drunk. With your friend case, I think he know what he is doing, did you try to ask him for the result of his trade?

Personally, i will not try this one because its too risky and you might lose all your money because you trade while you are drunk and I know myself as a weak in beers, so will never don this.

I also think that is the case.  Probably his friend has high tolerance to alcohol so while @OP is probably drunk, his friend is still good.  Though I wonder what happen to the trade done of @OP's friend.  Is it a profitable trade or the effect of alcohol affects his trading decisions and lost.

You can still trade and be drunk at the same time. There's this type of drunk that knows what he's doing while someone who's drunk that he's already in other dimensions. So choose what type of drunk you're experiencing and if it's the latter part then don't spend and waste your money doing trades if it's too easy for you to throw money on an instant. But you know what's the best drunk and crypto stories that I've heard? It's about the legendary "I am HODLing" by gamekyuubi. (https://bitcointalk.org/index.php?topic=375643.0)

Well, I think everyone can trade and drink alcohol at the same time.  If you are still sane after all the drinking, you are not drunk at all.


Title: Re: Being drunk while trading what was your experience
Post by: samcrypto on March 13, 2023, 11:25:15 PM
Trading while you are drunk is not advisable even if you say that you know what you are doing, there’s a lot of risk on this and I will not do this not in front of my friend because I might be in trouble later on.

Privacy is still the best, better not to share this with anyone especially in a bar where someone might took advantage of you. If that is your closest friend, better to advise this to him and do better next time.


Title: Re: Being drunk while trading what was your experience
Post by: Rigon on March 13, 2023, 11:58:47 PM
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

I have reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.
When people are drunk, they are not normal. A man can take any position at any time if there is no man in normal condition. I haven't done anything drunk till date and haven't gone to a drinking hotel or eaten any crap to get drunk. But since your friend started trading as a drunkard he will definitely lose his business. Trading definitely requires a healthy mindset. I think it is best not to trade drunk.

Be especially careful that your friend does not indulge in gambling while drunk. And suggest your friends to come back from all these locations. Because all these things seriously destroy people.


Title: Re: Being drunk while trading what was your experience
Post by: o48o on March 14, 2023, 02:21:48 AM
-cut-
The question is, can you trade while you are already drunk?
-cut-
I can i am just not that good with it. Sometimes confidence i get fron it helps but being too confident and risk seeker can be bad combination.

I have a same rule with gambling, and that is,: don't trade/gamble when you are drunk. Because being under The influence lowers my ability to make wise decisions.

And don't get me wrong, it's fun to trade while drunk but hangovers are the worst when you have lost ton of money and have only vague memory what happened


Title: Re: Being drunk while trading your experience
Post by: GreatArkansas on March 14, 2023, 02:37:31 AM
Quote
The question is, can you trade while you are already drunk?
I don't think it's something that should be advisable, just like it is not advisable to operate machinery when under the influence of alcohol.

The fact is, once one is drank, the ability to make rational decisions is reduced. Proper decision-making is very vital in trading
This is somehow we can related to gambling while drunk.
Since I already experienced a lot of times that I trade while I am drunk, for me, I really don't advise doing it. Because I feel like I am really super positive and sometimes I do not follow my risk management even though you are positive about your position.
Since risk management is more important for me and my capital too. You must trade once your mind is clear and free, and feel normal.


Title: Re: Being drunk while trading what was your experience
Post by: bitzizzix on March 14, 2023, 03:03:27 AM
I have never and can't imagine trading while drunk, because if I'm too drunk to open my computer or cellphone it feels very lazy and heavy. Moreover, trading while heavily drunk, and just by looking at it is very dizzy and also blurry which will lead to big mistakes due to being influenced by liquor which makes us unable to control it.
But it's a different story if you just drink a little and warm up, because many people do any work because they are used to it.
I used to drink when I wasn't married, but for drinking I just sat quietly and did nothing while listening to music to enjoy it.

and maybe the OP's story about his friend, he's used to it and is also a professional at doing it, and otherwise he definitely wouldn't do it again. Because in my opinion this is an asset that should not be done haphazardly and also should not be done in a drunken state, unless he is used to it and is also professional.


Title: Re: Being drunk while trading what was your experience
Post by: Strongkored on March 14, 2023, 03:08:00 AM
People who are used to doing this will definitely no longer face problems, but I'm sure they are used to doing other things that stimulate adrenaline by first getting drunk to make them more enthusiastic, but I have never done this and have never even been drunk so don't know exactly what to do people feel when they are drunk, but for me trading must be done with a clear mind because it requires analysis and succeeding in getting a profit or vice versa really depends on good analytical.


Title: Re: Being drunk while trading what was your experience
Post by: kotajikikox on March 14, 2023, 03:22:27 AM
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

I have reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.
never that I will do this again mate , back in 2019 there are couple of chances that me and my friend tried to trade while having our weekly drinking session and yes , all of the outcome are failed and there are also instance that we are deciding against the speculation but because only of the potential gains.
never trade while drunk but we can trade with small amount of alcohol to ease the waiting or the urge of gaining.


Title: Re: Being drunk while trading what was your experience
Post by: wxa7115 on March 14, 2023, 03:52:33 AM
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

I have reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.
Your friend is playing with fire, one of the most basic rules not only when it comes to trading but life in general is to never take an important decision that can impact your life while you are intoxicated and your mind is not as alert as it can be.

Your friend is being incredibly irresponsible, as trading is hard enough even when you are fully concentrated on the activity, now imagine how hard it can be if a person is trading in such an inconvenient state? So given enough time there is little doubt your friend will make an irreparable mistake.


Title: Re: Being drunk while trading what was your experience
Post by: Sarah Azhari on March 14, 2023, 03:55:03 AM
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk iand as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.
I never trade being drunk, but I can guess you will get bad result and lost. Because i ever playing card with my friend while drunk, I can't thing realistic and clear to put my card on table. My friend always win even have a bad card, with my experience, i really sure trader while drunk will not be able to trade with clear thinking and always lost even bullrun.


Title: Re: Being drunk while trading what was your experience
Post by: DevilSlayer on March 14, 2023, 03:57:55 AM
That is not good to have a drink before trading because it can affect your performance and your process to think, Actually I never did it and I'll never do it because I respect my plan and also my discpline. For me, alcohol can be a poison not only in your body but also in your mind, if you will trade while your drunk; there is a high chance that you will lose because you can not think very well when you are drunk. Actually, I avoid trading when I have lack of sleep because I'm aware that my thinking process is not that good and the probability of winning is very low.

Always evaluate yourself before trading. Remember that in trading is" it is not about the money that you earn, it is about how much you do not lose". Remember this advice and try to repeat it and you will get an idea on how important thinking process could be in trading.


Title: Re: Being drunk while trading what was your experience
Post by: Sebas.tian on March 14, 2023, 04:00:13 AM
I don't think, is advisable for a trader to be drunk when trading in the market because it will make the trader not to concentrate on the right direction than to follow the directions of the alcohol to wrong Way, which it can lead to losses that will make that trader to feel bad. I know alcohol is not a something you will be drinking when working or trading in the crypto market, because it will make you to see negative things as positive things that will make you to sell all your coins when there is no time to release them for sale. I believe, this topic will definitely help some traders that are Planning to go into alcohol when trading in the crypto market.


Title: Re: Being drunk while trading what was your experience
Post by: Mpamaegbu on March 14, 2023, 04:32:36 AM
I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
That someone was drinking alcohol doesn't mean they're drunk or can get drunk from it. That's by the way. Actually, anyone trading in a state of drunkenness doesn't value or think much of their trading as a serious investment. Why would anyone try such? Come to think of it, why would anyone even take their laptop to a drinking bar to trade when they know they're going there to drink and flex? It's a complete bad idea. Trading while drunk is like driving when one is drunk.


Title: Re: Being drunk while trading what was your experience
Post by: Ultegra134 on March 14, 2023, 07:09:06 AM
I wasn't drunk but was a little tipsy at a party somewhere near Christmas when Bitcoin started recovering after years of bear market. I can't remember the exact year, but it was when Covid-19 had started, probably towards the end of 2019 or 2020. Bitcoin had skyrocketed to $25,000, something that was extravagant at that point since after the 2018 crash, and I was overwhelmed, especially after one or two drinks. The result was me selling half of my Bitcoin that night, which was something that I was already considering but wouldn't have done yet if I had a clear head; I would have thought it twice.


Title: Re: Being drunk while trading what was your experience
Post by: Adbitco on March 14, 2023, 07:31:18 AM
I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
That someone was drinking alcohol doesn't mean they're drunk or can get drunk from it. That's by the way. Actually, anyone trading in a state of drunkenness doesn't value or think much of their trading as a serious investment. Why would anyone try such? Come to think of it, why would anyone even take their laptop to a drinking bar to trade when they know they're going there to drink and flex? It's a complete bad idea. Trading while drunk is like driving when one is drunk.

Hehe.. He didn't go with any laptop rather using his smartphone to control and monitor his trading i was like what are you doing he said trading off course so this keep into me to asked to see what could be some answers of many of us here. So far, what I understand from him that he can easily control the level of alcohol in him, so just as you said. One can be drinking but doesn't mean he's entirely drunk.


Title: Re: Being drunk while trading what was your experience
Post by: Mpamaegbu on March 14, 2023, 08:48:30 AM
~snipped~
Hehe.. He didn't go with any laptop rather using his smartphone to control and monitor his trading...
Okay. I get your position now with the mobile phone stuff. However, if he was already in a trade (like you said it was monitoring) before visiting the drinking place I don't see how it should be a problem because he would've set his Stop Lose and Take Profit before hand. It's not like determining and reading charts to trigger a trade. The trade would've been entered in clear head and mind. With SL and TP in place, no trader should get unnecessarily over active or tensed. Just set them and let your trade run. For me, the SL is even more important that the TP because it helps you safe guard your account.


Title: Re: Being drunk while trading what was your experience
Post by: SOKO-DEKE on March 14, 2023, 10:08:52 AM
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

The floor is always open for more discussions.

As we almost all know, trading is extremely risky on regular ground, so we need to pay closer attention to it whenever we are engaged in it. So why would someone drink alcohol and still take their phone or laptop to involve itself on trading, that could be dangerous for them to do since they won't ever be able to function normally again? As a result, you must avoid being distracted while trading, whether you are intoxicated or asleep.so as for me it is not advisable to be on alcohol and still decide to trading at same time again, no matter the level of alcohol you may take, I will never advise that.


Title: Re: Being drunk while trading what was your experience
Post by: gunhell16 on March 14, 2023, 10:37:09 AM
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

I have reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.

If you mean you're trading with your mobile or whatever while you're drinking, I think it's fine for you to trade.

But if you know that someone is right or that he is drunk, it is better to stop trading first because maybe later you will make a wrong buy or sell set and you will regret it in the end. You know when you're drunk you can hardly control yourself compared to when you're just starting and alcohol doesn't do you any good.


Title: Re: Being drunk while trading what was your experience
Post by: Lanatsa on March 15, 2023, 10:06:46 PM
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

I have reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.

If you mean you're trading with your mobile or whatever while you're drinking, I think it's fine for you to trade.

But if you know that someone is right or that he is drunk, it is better to stop trading first because maybe later you will make a wrong buy or sell set and you will regret it in the end. You know when you're drunk you can hardly control yourself compared to when you're just starting and alcohol doesn't do you any good.
You would really be prone to lots of errors and possible mistakes when you do make trades while you are drunk.We know the risks on pressing up different keys or wrong numbers which would really be ending up

on a disaster.This is why its never been that recommendable that you should drank some liqour or whatever that would really make your mind that numb.Its better to enjoy it out and then have a rest
and call it a day and trade when you are just completely fine and you are already that intact on everything.

You cant just really just make yourself that made out actions just because you wanted to.Dont do it or else you would really be regretting in the end.


Title: Re: Being drunk while trading what was your experience
Post by: lousie9 on March 15, 2023, 10:36:54 PM
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

if you asked it can or not, it depends on the person in my opinion, and also whether you're in a state of heavy drunkenness or light drunkenness. because as far as I know a person's level of acceptance or resistance to alcohol is sometimes different. sometimes there are some people who only drink a little alcohol immediately get very drunk but there are also some special people who if they have drunk quite a lot but can still control their consciousness and thoughts, but people like this are not many but there are.
but if in general the condition of people after being drunk it will be under their subconscious and cannot control themselves and their thoughts right?. so yes, in my opinion, if you are heavily drunk, you may not be able to carry out trading activities or any activities. if you really insist on trading, then it is likely that you will lose not even make a profit, maybe you will even be easily carried away by emotions and cannot control yourself when trading.
We all know that trading activities require accuracy, maturity of thought and the ability to analyze well, right? If you want to make a profit, you can't just rely on luck carelessly.


Title: Re: Being drunk while trading what was your experience
Post by: Lida93 on March 16, 2023, 11:50:07 AM
Trading while under the influence of alcohol is like driving a car on a high way while being drunk, we all can imagine the resultant effect of drinking and driving, same applies to trading you just crash into a huge loss in no time. Let's say the situation unfolds this way, your friend may have been trading already and same time having a drink then later got drunk in the process but instead of suspending the trade he still continued. This is what I think, your friend is insensitive and irresponsible with money and as his action is capable of throwing away a truck of asset into the drain.


Title: Re: Being drunk while trading what was your experience
Post by: palle11 on March 16, 2023, 12:32:34 PM

An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.


Usually it is good to trade when all your senses are well relaxed because you need to be careful. A drunk person is likely to make mistakes and take decisions he vowed not to take on trade like increasing risk appetite.


The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.


However some people can control themselves when it comes to trading even when they are drug, at this time of being drug, they are very much at alert like some people say they are very much alert when they are driving while drunk and this is because they understand the risk involved but I'm not saying it is good that you drink and drive because that is a crime. Concerning drinking and trading, the point is if it is the right time for your trading set up to trigger for profit, the outcome will still be the same thing if you are able to take the proper decision.


Title: Re: Being drunk while trading what was your experience
Post by: Smack That Ace on March 16, 2023, 01:10:04 PM
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

I have reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.

If you mean you're trading with your mobile or whatever while you're drinking, I think it's fine for you to trade.

But if you know that someone is right or that he is drunk, it is better to stop trading first because maybe later you will make a wrong buy or sell set and you will regret it in the end. You know when you're drunk you can hardly control yourself compared to when you're just starting and alcohol doesn't do you any good.
You would really be prone to lots of errors and possible mistakes when you do make trades while you are drunk.We know the risks on pressing up different keys or wrong numbers which would really be ending up

on a disaster.This is why its never been that recommendable that you should drank some liqour or whatever that would really make your mind that numb.Its better to enjoy it out and then have a rest
and call it a day and trade when you are just completely fine and you are already that intact on everything.

You cant just really just make yourself that made out actions just because you wanted to.Dont do it or else you would really be regretting in the end.

There are many problems that will happen if we trade when drunk, using wrong numbers is only one of many mistakes. What I am most afraid of is when we are drunk and traded, we do not control our emotions, suppose you trade losses, you will be angry and uncomfortable and just want to take revenge on the market to get back what is lost. The act of losing control, and becoming belligerent while drunkenness will kill your account quickly. When drunk, we should find a place to sleep, and never check the market or make any transactions.


Title: Re: Being drunk while trading what was your experience
Post by: nara1892 on March 16, 2023, 06:17:28 PM
Trading while under the influence of alcohol is like driving a car on a high way while being drunk, we all can imagine the resultant effect of drinking and driving, same applies to trading you just crash into a huge loss in no time. Let's say the situation unfolds this way, your friend may have been trading already and same time having a drink then later got drunk in the process but instead of suspending the trade he still continued. This is what I think, your friend is insensitive and irresponsible with money and as his action is capable of throwing away a truck of asset into the drain.
Yes, that's right, I even doubt whether they are really aware of what they are doing or not. Because even in a conscious state, sometimes we still have doubts about what we are doing, especially when we are drunk. They will not think long when trading, because of the influence of the alcohol they drink. If holding one's conscious mindful is very risky, then holding one's drunken state will be multiplied. It's best to avoid doing this kind of thing.


Title: Re: Being drunk while trading what was your experience
Post by: Finestream on March 16, 2023, 07:20:26 PM
An hour ago, I went out with a friend of mine and it happens to be a drinking hall (bear parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
You always can trade because it's your money but you should not.

When you drunk a lot and get tired, your mind is no longer fresh and your thought, decision can be bad, worse than usual. Even your thought is right, maybe your body will cause you to make mistype, bad touch on the screen and there you go with a loss by trading.

I never do this because trading is available for you every day so it sounds stupid to try trading after drinking lot of bear or wine.
It’s always a trader’s choice. As long as he can still handle himself, then for me it’s fine. However, if you are highly drunk and become overwhelmed by your own emotions, then definitely you can’t make a successful trade because your focus is lost and you would only end up losing in trading if you continue to do so. So never trade as much as possible, it’s the best way to prevent yourself from losing. Trading needs a lot of focus and attention, and drunk people can never perform it.


Title: Re: Being drunk while trading what was your experience
Post by: Johnyz on March 16, 2023, 09:44:39 PM
Trading while under the influence of alcohol is like driving a car on a high way while being drunk, we all can imagine the resultant effect of drinking and driving, same applies to trading you just crash into a huge loss in no time. Let's say the situation unfolds this way, your friend may have been trading already and same time having a drink then later got drunk in the process but instead of suspending the trade he still continued. This is what I think, your friend is insensitive and irresponsible with money and as his action is capable of throwing away a truck of asset into the drain.
Though driving while drunk can be more dangerous, doing such trade while you are drunk can also result to a more devastating situation for you especially if you lose most of your money. Doing this is not ok and not cool, if your friend is trying to do that just for the sake of pride I don’t think he’s doing it right. You can expect losses from him for being too irresponsible, better to give your advises next time.


Title: Re: Being drunk while trading what was your experience
Post by: andriarto on March 17, 2023, 04:49:37 AM
drunk and trading. I don't think it's right to trade in such conditions, but I apply that to myself, I don't know what your friend feels. for me, trading must be in a clear state of mind, and in a good mood, so that we can analyze it well and implement the framework properly. in a drunken state, if I judge that it actually lapses into a gamble, of course the mind cannot work properly and emotions also become bad, so it is very risky to trade in that condition


Title: Re: Being drunk while trading what was your experience
Post by: lovesmayfamilis on March 17, 2023, 05:53:20 AM
If you are confident in your actions, what prevents you from trading after drinking some alcohol? There is an expression that you can't drink skill away. By owning their psychological state, namely being in a state of euphoria, some traders sometimes manage to make the right decisions, but you cannot talk about this as a sustainable behavior. I think that even experienced traders themselves are well aware that successful trading requires discipline, adhering to which a trading plan with competent trading risk management will allow you to avoid making emotional decisions that can lead to losses.


Title: Re: Being drunk while trading what was your experience
Post by: tjtonmoy on March 17, 2023, 11:57:28 AM
I am not a heavy drinker, so I have not faced many situations like this. But there was this one time while I was drunk, I did some tradings. Truth to be told, later on I had no idea for a couple of days how and where my open orders were. I trade with a very low margin and one trade could go for about 7–10 days. I just watch the price movement and never the orders. There was a sudden price drop, and I was about to make a loss. So I went on my trading's open order and to my surprise, it was already closed. So I checked the history and I saw that I closed it while I was making a small amount of profit.
The experience wasn't horrible, but after that incident, I never got drunk during work, or went to trading after being drunk.


Title: Re: Being drunk while trading what was your experience
Post by: palle11 on March 17, 2023, 12:47:55 PM

There was a sudden price drop, and I was about to make a loss. So I went on my trading's open order and to my surprise, it was already closed. So I checked the history and I saw that I closed it while I was making a small amount of profit.
The experience wasn't horrible, but after that incident, I never got drunk during work, or went to trading after being drunk.

I can understand this story because I have been witnessing it. It happens not only if you are tipsy. In my own case I have experienced it while asleep. Sometimes when you feel heavily to sleep you can just take a last time decision before dozing off button wake in the morning with the uncertain feeling of not shutting down your profiting trade or with regret of shutting it down.


Title: Re: Being drunk while trading what was your experience
Post by: ethereumhunter on March 17, 2023, 12:55:34 PM
I have never traded drunk or even gambled. And if I'm drunk, I just choose to sleep until my hangover wears off and I'm fully conscious again. When you are drunk, you cannot think clearly, let alone analyze market conditions, because you may feel dizzy when you see constantly changing prices.

Don't make it difficult for yourself to get drunk and I suggest you sleep until the hangover wears off. And if you insist on trading while drunk, you could lose because you may have placed a buy or sell order at the wrong price.


Title: Re: Being drunk while trading what was your experience
Post by: AicecreaME on March 17, 2023, 01:12:12 PM
I don't think it's a good idea, unless he's just monitoring his trades that he entered already before that drinking session. But if you're gonna make a trade while drinking, I doubt that you're gonna make a very good technical analysis while your head is aching because of alcohol. Trading needs a lot of focus and good decision making, and a beer parlor is not a good place to do such thing.


Title: Re: Being drunk while trading what was your experience
Post by: EarnOnVictor on March 17, 2023, 01:38:02 PM
Many might see this question as awkward, but as a trader of many years, I so much appreciate it and guess what, I've tried it before. Drinking has its good and bad sides, but if you understand yourself, it will help you. It's you that should be careful of what you know about trading, and if what you know is good, the drinking will push it out, if not, it will be a disaster.

In my case, drinking has helped me times without numbers, but I don't need to drink to trade anymore as I've mastered my emotions already. By then, I might drink to be brave to open the trade when my strategy confirmed it and give it enough time to gain from it. This helped me against the fear I had initially that made me miss opportunities and even close good trades early.

Don't forget, you must be a good trader before it will help you, and be careful not to abuse it, please!


Title: Re: Being drunk while trading what was your experience
Post by: Obari on March 17, 2023, 07:15:21 PM
From your story @OP the drunkenness wasn't intentional but maybe got carried away and if you have noticed he was trading and maybe don't really have the actual control over his trades, it wouldn't be a bad idea to help him end the trade or if you have a better idea of trading, you could assist him end or close with a better trade if it was reading to his favour..
I have actually been drink while trading but that was during my first tequila trial and we'll I was ready for whatever consequences might come with the drinks so I had to use the stop loss(SL) And Take Profit (TP) feature to determine my profit and loss and I just place them on same numbers or amount.
It is best advised to drink responsibly so one should be careful while  trading and not take trading for entertainment.


Title: Re: Being drunk while trading what was your experience
Post by: Wapfika on March 17, 2023, 07:26:13 PM
I don't think it's a good idea, unless he's just monitoring his trades that he entered already before that drinking session. But if you're gonna make a trade while drinking, I doubt that you're gonna make a very good technical analysis while your head is aching because of alcohol. Trading needs a lot of focus and good decision making, and a beer parlor is not a good place to do such thing.
It's already hard to think or to analyze in our normal state of mind so what's more if we're under the alcohol. It will seems were only throwing our money or investment when we do trade while being drunk. Those who do it might have plenty of money to waste and just didn't mind what may happen to them. But those in need will not do such activity when they have plans to trade. I doubt if there are successful story of drunk trader who earns a lot in trading, they might be too lucky if so.


Title: Re: Being drunk while trading what was your experience
Post by: Kasabus on March 17, 2023, 07:41:12 PM
You can still trade and be drunk at the same time. There's this type of drunk that knows what he's doing while someone who's drunk that he's already in other dimensions. So choose what type of drunk you're experiencing and if it's the latter part then don't spend and waste your money doing trades if it's too easy for you to throw money on an instant. But you know what's the best drunk and crypto stories that I've heard? It's about the legendary "I am HODLing" by gamekyuubi. (https://bitcointalk.org/index.php?topic=375643.0)
No one can stop you from trading actually regardless of what your current condition is. As long as you can manage not to create mistakes, then that’s fine. But honestly, whenever I’m drunk, I never force myself to trade because I’m not in a stable condition to focus and be fully aware of my trades. Instead of profiting, that may only ruin my trades and end up losing them. That’s why as much as possible, I avoid trading whenever I’m drunk.


Title: Re: Being drunk while trading what was your experience
Post by: Russlenat on March 17, 2023, 08:30:00 PM
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

I have reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.
That is very risky to trade without your full focus and attention to your trades, and might only end up wasting your money on a lose trades. This is the most possible scenario when you do trading while you are highly influenced with alcohol. Although some might have managed to still win them, maybe because they are still not that affected by those liquors, but when alcohol hit you bad, you will lost your consciousness and ends up doing things wrongly. So don’t wait for it to happen to you, avoid trading while your mind is not on its full consciousness.


Title: Re: Being drunk while trading your experience
Post by: Botnake on March 17, 2023, 08:49:43 PM
An hour ago, I went out with a friend of mine and it happens to be a drinking hall (bear parlor) where he got drunk and as well trading.
You meant Beer parlor, right?

Are you sure you are alright, mate?  ;D

Quote
The question is, can you trade while you are already drunk?
I don't think it's something that should be advisable, just like it is not advisable to operate machinery when under the influence of alcohol.

The fact is, once one is drank, the ability to make rational decisions is reduced. Proper decision-making is very vital in trading


Well I have never been in that condition before and I would never advise someone to trade while being drunk just as you have said. It was too hard for me to answer that was why I shared here to see the best answer so that I can get ready for more question. Note that this post is made for me to get proper answer so that whenever I meet with him again I can give him a reasonable answer.
Good thing you have never experienced that. Because as much as we want to do trading properly and be profitable, well that won’t happen if you are under the influence of an alcohol. Once you get drunk, you will feel dizzy and you can’t focus anymore on anything that you want to do. Besides, trading requires a lot of attention and good analysis, and drunk person can never achieve that.


Title: Re: Being drunk while trading what was your experience
Post by: Distinctin on March 17, 2023, 09:25:02 PM
You can still trade and be drunk at the same time. There's this type of drunk that knows what he's doing while someone who's drunk that he's already in other dimensions. So choose what type of drunk you're experiencing and if it's the latter part then don't spend and waste your money doing trades if it's too easy for you to throw money on an instant. But you know what's the best drunk and crypto stories that I've heard? It's about the legendary "I am HODLing" by gamekyuubi. (https://bitcointalk.org/index.php?topic=375643.0)
This has a point too. Being drunk does not literally mean that you can be wrong in what you are currently doing, some have still manage to make it right because they are not completely affected with the spirit of alcohol. But if you are highly drunk and forget the people around you, that’s worst, and trading this time could be very dangerous for you. That’s why if we can do trading without drinking, that would be better so we can achieve higher chances of getting successful.


Title: Re: Being drunk while trading what was your experience
Post by: Fatunad on March 17, 2023, 09:34:55 PM
You can still trade and be drunk at the same time. There's this type of drunk that knows what he's doing while someone who's drunk that he's already in other dimensions. So choose what type of drunk you're experiencing and if it's the latter part then don't spend and waste your money doing trades if it's too easy for you to throw money on an instant. But you know what's the best drunk and crypto stories that I've heard? It's about the legendary "I am HODLing" by gamekyuubi. (https://bitcointalk.org/index.php?topic=375643.0)
This has a point too. Being drunk does not literally mean that you can be wrong in what you are currently doing, some have still manage to make it right because they are not completely affected with the spirit of alcohol. But if you are highly drunk and forget the people around you, that’s worst, and trading this time could be very dangerous for you. That’s why if we can do trading without drinking, that would be better so we can achieve higher chances of getting successful.
There are people who does have high tolerance in alcohol which even if they are considered drunk but still they do be able to know on what are the things that they've been doing.
This is why they do really be able to proceed despite on the under influence of alcohol.Its true that it might be that the same but we know that having the influence of alcohol
is never been good.It makes every numb and you would be put up into a certain situation which you cant think up that well and thats why its never been recommendable
on having this way.


Title: Re: Being drunk while trading what was your experience
Post by: lalabotax on March 17, 2023, 09:45:59 PM
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
Luckily, never did it and I will never do it  :D
In my opinion, trading while drinking is like being in a dream, we cannot control ourselves to do as we do in the real life. However, if we are too drunk and cannot do good things consideration, taking decisions, and making some strategy while trading. This is too risky for me.
Except for someone who always says that being drunk makes them more focus on something, they maybe able to still focus on trading.
but for common people, this activity is done while drunk is very risky and not recommended.


Title: Re: Being drunk while trading what was your experience
Post by: NicNacCoin on March 17, 2023, 09:59:12 PM
I have never traded while drunk. And I have no experience of trading while drunk. Especially drunk people never seem normal. Because trading requires a healthy mindset. And in this case when a person gets drunk he loses his balance in that state. When a man trades out of balance he must lose his trade. Because trading requires a lot of attention and right decisions. And this right decision can never be taken by an unbalanced person. As a result he will definitely lose his business.


Title: Re: Being drunk while trading what was your experience
Post by: harizen on March 17, 2023, 10:09:02 PM
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

Can you really understand the point of view of those who will respond that some can do trading even drunk? In the first place, you have never been to that experience and you might question how can they do that even under that state.

I myself, admit that I'm a heavy drunker but fortunately, I do still responsible for my actions regardless of what I'm doing.

But just to share with you a few expected feelings, if you are drunk, you are not afraid to do such actions. There's no feeling of being weak hands, being FUD, being carried away, being influenced and the decision always depends on what you think is right.

Just be ready once you wake up seeing some unexpected results of your actions. Whether good or bad, who knows? :)


Title: Re: Being drunk while trading what was your experience
Post by: Viscore on March 17, 2023, 10:19:13 PM
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

I have reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.
You can always trade even when you are drunk, but the chances of winning your trades is very rare as mostly end up losing them. Trading is quite hard and difficult to succeed, so if one trade without the ability to monitor the market consistently, he will always end up failing and lost his money. That’s exactly the reason why people only trade when their minds are active and fresh, and not that they are bothered and not in their whole self being.


Title: Re: Being drunk while trading what was your experience
Post by: ultrloa on March 17, 2023, 10:34:28 PM
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

I have reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.
You can always trade even when you are drunk, but the chances of winning your trades is very rare as mostly end up losing them. Trading is quite hard and difficult to succeed, so if one trade without the ability to monitor the market consistently, he will always end up failing and lost his money. That’s exactly the reason why people only trade when their minds are active and fresh, and not that they are bothered and not in their whole self being.

Nothing good will happen if you trade without having a good focus on what you are doing. Since trading while you are under the spirit of alcohol will result to bad because instead you can think about dropping some good decision making you end up became a risk taker and create bad decisions because sometimes alcohol will make you feel invulnerable. Better not to trade when drunk if we don't want to lose our money we can enjoy trading after the drinking session.


Title: Re: Being drunk while trading what was your experience
Post by: goinmerry on March 17, 2023, 11:59:17 PM
The question is, can you trade while you are already drunk?

Technically speaking, yes. We can trade while drunk. It now depends on how that person can still control his decision-making while drunk.

Besides, why curious about the feeling? Just avoid being drunk if you are not used to that kind of feeling. Much better if you won't do that.

It's the same as how I gambled. I can still do gambling while drunk as that was my favorite thing to do. Although in trading, I didn't experience yet doing focused trading while drunk, since I'm not even a day trader and my trading activity, is more of holding.


Title: Re: Being drunk while trading what was your experience
Post by: KingsDen on March 18, 2023, 06:29:27 AM
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

I have reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.

There's a big difference between drinking alcohol and still understanding what is happening in your environment and being drunk that you ate unable to detect what is happening in your environment.
I have seen people who doesn't work effectively if they don't drink. They have some kind of inspiration when they drink and work will be smooth going.
If anyone drinks and still understanding what is happening in the market, that is fine. But if they drink and their eyes become blur that they will not know the chart lines, they should avoid drinking and trading.


Title: Re: Being drunk while trading what was your experience
Post by: Zilon on March 18, 2023, 07:06:52 AM
I can't say for trading while drunk but i know one can still trade well if they are feeling a bit tipsy. My mentor back then while he taught me the basics of trading do require beer from us each time we lose a trade or made wrong analysis. And i can emphatically say it never affected his trades. I also tried it a few times and it never harmed mine as well. But been drunk i can't say about that because i haven't been in that shoe before


Title: Re: Being drunk while trading what was your experience
Post by: GiftedMAN on March 18, 2023, 11:53:13 AM
You can still trade and be drunk at the same time. There's this type of drunk that knows what he's doing while someone who's drunk that he's already in other dimensions. So choose what type of drunk you're experiencing and if it's the latter part then don't spend and waste your money doing trades if it's too easy for you to throw money on an instant. But you know what's the best drunk and crypto stories that I've heard? It's about the legendary "I am HODLing" by gamekyuubi. (https://bitcointalk.org/index.php?topic=375643.0)
This has a point too. Being drunk does not literally mean that you can be wrong in what you are currently doing, some have still manage to make it right because they are not completely affected with the spirit of alcohol. But if you are highly drunk and forget the people around you, that’s worst, and trading this time could be very dangerous for you. That’s why if we can do trading without drinking, that would be better so we can achieve higher chances of getting successful.
I can even imagine myself been drunk and trading at the same time. This can be a big disaster to our trade and if we are not lucky alone trading when drunk, we can use all the funds in our portfolio to enter the market and if the market goes against us then we might loose big. I will rather trade when I am okay and relaxed to enter the market than to trade the volatile market when I am drunk. This can cause a bigger problem to us. It can even lead to big loses without knowing how it all happens. It is good to trade when we are aware about what we are doing.


Title: Re: Being drunk while trading what was your experience
Post by: maydna on March 18, 2023, 01:05:39 PM
I can't trade when drunk because it will make me lose concentration in analyzing the market. If I were in a situation like yours, I would not be trading but enjoying the atmosphere with friends and would not force myself to look at the market. My feelings will be messed up if I keep trying to see the market, especially if the market changes direction, and that can make me have difficulty analyzing the market, and in the end, I just make a mistake. How about you? Can you make a profit or lose?


Title: Re: Being drunk while trading what was your experience
Post by: Woodie on March 18, 2023, 02:05:05 PM
Anything that requires you to have a sober mind to make a sober decision should remain at that. If you take alcohol, chances are high that you will make terrible decisions, and also lead you into not sticking to the trading plan which all ends up at actually gambling and not trading.

In more chances than usual, drunk trading will make you over trade thinking you are playing around in the actual sense you losing real money and not sticking to your risk management rules. Honesty, best you stay away from the charts.


Title: Re: Being drunk while trading what was your experience
Post by: GeorgeJohn on March 18, 2023, 02:11:41 PM
I can't trade when drunk because it will make me lose concentration in analyzing the market. If I were in a situation like yours, I would not be trading but enjoying the atmosphere with friends and would not force myself to look at the market. My feelings will be messed up if I keep trying to see the market, especially if the market changes direction, and that can make me have difficulty analyzing the market, and in the end, I just make a mistake. How about you? Can you make a profit or lose?
No trader can risk it funds and time to trade when it's under influence of alcohol, and so many others, I believe from my theory who is a trader can't go into Trading when its not comfortable, automatically I believe that trading have to do with  calculations and deep thinking for proper analyzing the market. So therefore I believe its not encouraging to be drunk before venturing into Trading, but it depends on the individual body chemistry as I portrayed before.


Title: Re: Being drunk while trading what was your experience
Post by: irhact on March 18, 2023, 02:32:51 PM
I can't trade when drunk because it will make me lose concentration in analyzing the market. If I were in a situation like yours, I would not be trading but enjoying the atmosphere with friends and would not force myself to look at the market.

I don't mix work with pleasure, when I'm working I concentrate on work so drinking and trading won't go alongside since trading to me is like me working as that's brings money. Alcohol does alot of damage to the human brain that when you're drinking you shouldn't be doing anything that can be considered a risk like trading or driving.

Trading is a risk since you can lose your money and you should be in your right senses when you're taking a decision that involves the risk of losing money, instead of a decision that's influenced by alcohol. A professional trader should never drank trade, it won't end up well.


Title: Re: Being drunk while trading what was your experience
Post by: JoyMarsha on March 18, 2023, 02:55:39 PM
When I am drunk, I make every effort to find a location to lie down so that I can at least keep my gadgets away from me by not operating on them because I know how messy I can be when I am drunk, let alone when I am trading.

Whether you can trade while drunk or not depends on your body. I have friends who, while drunk, behave intelligently and enthusiastically. They can effectively multitask while driving, trading, or performing any other duty. They appear to act that way because they have been using alcohol to build their bodies for a long time.


Title: Re: Being drunk while trading what was your experience
Post by: Tony116 on March 18, 2023, 03:39:16 PM
You can still trade and be drunk at the same time. There's this type of drunk that knows what he's doing while someone who's drunk that he's already in other dimensions. So choose what type of drunk you're experiencing and if it's the latter part then don't spend and waste your money doing trades if it's too easy for you to throw money on an instant. But you know what's the best drunk and crypto stories that I've heard? It's about the legendary "I am HODLing" by gamekyuubi. (https://bitcointalk.org/index.php?topic=375643.0)
This has a point too. Being drunk does not literally mean that you can be wrong in what you are currently doing, some have still manage to make it right because they are not completely affected with the spirit of alcohol. But if you are highly drunk and forget the people around you, that’s worst, and trading this time could be very dangerous for you. That’s why if we can do trading without drinking, that would be better so we can achieve higher chances of getting successful.
There are people who does have high tolerance in alcohol which even if they are considered drunk but still they do be able to know on what are the things that they've been doing.
This is why they do really be able to proceed despite on the under influence of alcohol.Its true that it might be that the same but we know that having the influence of alcohol
is never been good.It makes every numb and you would be put up into a certain situation which you cant think up that well and thats why its never been recommendable
on having this way.

Not to brag, but I'm a huge drinker, and like you said: I'm still in control and know what I'm doing when I'm drunk. But I can confirm that when we have been drinking, our actions and gestures will never be as precise and accurate as when sober. Therefore, I am against trading when we are already drinking especially drinking too much, we will lose more money than we gain. My brother is a barber, he gets more skilled and creative with a bit of alcohol, but that doesn't work in highly focused jobs like trading.


Title: Re: Being drunk while trading what was your experience
Post by: gabbie2010 on March 18, 2023, 04:16:22 PM
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk iand as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.
I never trade being drunk, but I can guess you will get bad result and lost. Because i ever playing card with my friend while drunk, I can't thing realistic and clear to put my card on table. My friend always win even have a bad card, with my experience, i really sure trader while drunk will not be able to trade with clear thinking and always lost even bullrun.
This is an interesting topic imagine after getting drunk by  placing a long trade instead of short trade due to loss of senses the end point will lead to rekting of the account, how will such a trader analyze a trading setup and take decision positively thus it is not advisable to drink while trading to avoid getting drunk and avoid incurring massive losses, well I never read any story of any drunkard trading successfully without any consequences of losing or incurring massive losses except if such a drunkard is lucky the trade went in his direction unfortunately this can't be done consistently.


Title: Re: Being drunk while trading what was your experience
Post by: teosanru on March 18, 2023, 05:21:55 PM
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

I have reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.
Haven't done it will surely won't be doing it. Simple reason is because trading requires you to be emotionless and alcohol has been known to release your emotions. You will be doing revenge trading if you lose a couple of trades and will be doing very brutal trading to yourself. So ideally I would definitely not suggest myself to do trading on alcohol and  would obviously not recommend anyone else to do so.


Title: Re: Being drunk while trading what was your experience
Post by: |MINER| on March 18, 2023, 05:28:09 PM
In my personal view I think that To trade you have to sit with a fresh and focused mind. Because then you have to do various calculations and analysis and you can never do it properly while drunk.
Trading is already very risky and if someone goes there for trading while drunk then it will increase the level. So it will never be preferable to doing trading while a person drunk


Title: Re: Being drunk while trading what was your experience
Post by: Alisha-k on March 18, 2023, 06:22:42 PM
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

I have reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.

We're advised not to trade on emotions, being drunk is one, if you can't drive while you're drunk, why trade??

This is relative though, persons tend to act differently, you may work better while you're drunk, it's up to you.
I've seen madmen who have given sure bet predictions and it came out true, like not a story, I experienced it, though I was much younger then.
The lived this madman who passed usually along my vicinity, if he comes to beg you for money, he gives you a bet prediction and if you follow up, be sure to win.
The other would just walk up to selected persons and scream a prediction and it was always a win for those persons.

 I think the question is in the right section though.


Title: Re: Being drunk while trading what was your experience
Post by: deathcode on March 18, 2023, 09:49:34 PM
I can't trade when drunk because it will make me lose concentration in analyzing the market. If I were in a situation like yours, I would not be trading but enjoying the atmosphere with friends and would not force myself to look at the market. My feelings will be messed up if I keep trying to see the market, especially if the market changes direction, and that can make me have difficulty analyzing the market, and in the end, I just make a mistake. How about you? Can you make a profit or lose?

Yes, it's true that if we want to get drunk, we should just enjoy the atmosphere and have fun with our friends, because for some people, getting drunk is a way to release fatigue for a moment from the many burdens of thoughts and problems.
Then when trading, we should really be in a condition where there is not much pressure or thought and of course in a state of full awareness. Because trading activities require good analysis and decision-making skills to make a profit.
Regardless of whether a person is tolerant or not to the effects of the alcohol they drink, of course, it is certain that when someone is drunk, they will not be able to maximize their trading activities. I think it's obvious there will be losses.
We must be wise in our trading activities and not get drunk when trading is one of the good and wise self-management skills.


Title: Re: Being drunk while trading what was your experience
Post by: borovichok on March 19, 2023, 05:51:46 AM
In my personal view I think that To trade you have to sit with a fresh and focused mind. Because then you have to do various calculations and analysis and you can never do it properly while drunk.
Trading is already very risky and if someone goes there for trading while drunk then it will increase the level. So it will never be preferable to doing trading while a person drunk
I've never opened a trade while intoxicated; it's not even a possibility to consume any alcohol at all while trading. Before one can make a successful trade, trading requires one to devote all of his or her time. Being inebriated while opening a trading position always results in losses because one has already lost focus and is more likely to react inappropriately to a trade. It's very obvious to view trading as risky; even with a focused mindset, you are still susceptible to losses, and if you open trading positions while intoxicated, all signs point to significant losses, so one's need to learn from past mistakes.


Title: Re: Being drunk while trading what was your experience
Post by: virasisog on March 19, 2023, 03:01:28 PM
In my personal view I think that To trade you have to sit with a fresh and focused mind. Because then you have to do various calculations and analysis and you can never do it properly while drunk.
Trading is already very risky and if someone goes there for trading while drunk then it will increase the level. So it will never be preferable to doing trading while a person is drunk
I've never opened a trade while intoxicated; it's not even a possibility to consume any alcohol at all while trading. Before one can make a successful trade, trading requires one to devote all of his or her time. Being inebriated while opening a trading position always results in losses because one has already lost focus and is more likely to react inappropriately to a trade. It's very obvious to view trading as risky; even with a focused mindset, you are still susceptible to losses, and if you open trading positions while intoxicated, all signs point to significant losses, so one's needs to learn from past mistakes.
I've never tried it either because I believe that there's a right time and place to get intoxicated and that's not when we are trading.
We all know that trading is a risky thing and it requires focus so if you'll do it under the influence of alcohol, you might commit wrong decisions which you might regret later on.
Before you do trading you have to make sure that you are emotionally prepared because it needs critical thinking and understanding.


Title: Re: Being drunk while trading what was your experience
Post by: posi on March 19, 2023, 03:12:03 PM
In my personal view I think that To trade you have to sit with a fresh and focused mind. Because then you have to do various calculations and analysis and you can never do it properly while drunk.
Trading is already very risky and if someone goes there for trading while drunk then it will increase the level. So it will never be preferable to doing trading while a person is drunk
I've never opened a trade while intoxicated; it's not even a possibility to consume any alcohol at all while trading. Before one can make a successful trade, trading requires one to devote all of his or her time. Being inebriated while opening a trading position always results in losses because one has already lost focus and is more likely to react inappropriately to a trade. It's very obvious to view trading as risky; even with a focused mindset, you are still susceptible to losses, and if you open trading positions while intoxicated, all signs point to significant losses, so one's needs to learn from past mistakes.
I've never tried it either because I believe that there's a right time and place to get intoxicated and that's not when we are trading.
We all know that trading is a risky thing and it requires focus so if you'll do it under the influence of alcohol, you might commit wrong decisions which you might regret later on.
Before you do trading you have to make sure that you are emotionally prepared because it needs critical thinking and understanding.

I've never had that experience either, but I think we should steer clear of that idea because our risk doubles in doing so. I usually drink with my friends on the weekends, and to be honest, I'm still tired and can't focus on work the next day. Although my work is also very light and does not require too much energy and concentration. For trading, it requires us to work in silence and focus, if we trade in a drunken or unfocused state, we will pay dearly.


Title: Re: Being drunk while trading what was your experience
Post by: Oneandpure on March 19, 2023, 04:22:58 PM
Drunk is not allowed in my religion and I don't have any experienced yet being drunk while trading in cryptocurrency, its seems not good ideas when you spent your money by investing or trading in cryptocurrency lost consciousness because you can't controlling about which one worth or potential coins for trading.

Better you not being drunk when you begin trading and stop it awhile keep focus how effective moment for trading, but if your religion not allowed being drunk you can begin it after taking profit from trading or after your buy order have been filled. There are not good moment when you are in being drunk position but still active for trading.


Title: Re: Being drunk while trading what was your experience
Post by: YOSHIE on March 19, 2023, 04:59:32 PM
can you trade while you are already drunk?
Under normal circumstances, I can trade crypto and lose, what's more drunk, maybe for me if I trade while drunk, I press the sell and buy buttons instead, there is an error, what's more, looking at crypto trading charts maybe it's like I'm looking at petis, I don't know what I would do if I was drunk I was trading, I can't imagine.

For me it's rare to see someone able to carry out normal activities as usual a drunkard, but if your friend can do it that's an extraordinary thing, very curious, If i had a friend like that i would see firsthand how he makes those trades, is he really serious and on target when he does it or I will look at it with a laugh.


Title: Re: Being drunk while trading what was your experience
Post by: Xampeuu on March 20, 2023, 01:58:09 AM
can you trade while you are already drunk?
Under normal circumstances, I can trade crypto and lose, what's more drunk, maybe for me if I trade while drunk, I press the sell and buy buttons instead, there is an error, what's more, looking at crypto trading charts maybe it's like I'm looking at petis, I don't know what I would do if I was drunk I was trading, I can't imagine.

For me it's rare to see someone able to carry out normal activities as usual a drunkard, but if your friend can do it that's an extraordinary thing, very curious, If i had a friend like that i would see firsthand how he makes those trades, is he really serious and on target when he does it or I will look at it with a laugh.
trading is not kung fu where there is a drunken move, which is very deadly for the opponent. but when we are drunk, of course, the eye seeing the chart is not clear, and on the other hand, the brain cannot work optimally, so how can we trade in conditions like that. maybe the person who did it at a time like that was not aware that he was trading, so he was carried away in his routine, because everyday thinking about the market, seemed to be a reflex movement for trading. another possibility he is just looking for a thrill in front of his friends


Title: Re: Being drunk while trading what was your experience
Post by: wxa7115 on March 20, 2023, 05:15:40 AM
can you trade while you are already drunk?
Under normal circumstances, I can trade crypto and lose, what's more drunk, maybe for me if I trade while drunk, I press the sell and buy buttons instead, there is an error, what's more, looking at crypto trading charts maybe it's like I'm looking at petis, I don't know what I would do if I was drunk I was trading, I can't imagine.

For me it's rare to see someone able to carry out normal activities as usual a drunkard, but if your friend can do it that's an extraordinary thing, very curious, If i had a friend like that i would see firsthand how he makes those trades, is he really serious and on target when he does it or I will look at it with a laugh.
trading is not kung fu where there is a drunken move, which is very deadly for the opponent. but when we are drunk, of course, the eye seeing the chart is not clear, and on the other hand, the brain cannot work optimally, so how can we trade in conditions like that. maybe the person who did it at a time like that was not aware that he was trading, so he was carried away in his routine, because everyday thinking about the market, seemed to be a reflex movement for trading. another possibility he is just looking for a thrill in front of his friends
That was a good one, more than 90% of the traders lose their money to the markets and this is with them being fully concentrated on the activity, so either the friend of the OP was just bragging they were so good they could even make money while having such handicap or they are so bad that it does not matter if they were drunk or not.

But whatever the case this is a very irresponsible thing to do and no one should try to imitate them, as the losses which can be amassed will be way higher than if you were just trading without being under the influence of alcohol.


Title: Re: Being drunk while trading what was your experience
Post by: lienfaye on March 20, 2023, 05:45:13 AM
The question is, can you trade while you are already drunk?
How can you focus if you're drunk? It's not a good condition to trade. I never tried it before but I know I can't do it because I tend to fall asleep if i'm drunk already. But I think it depends on each person's alcohol tolerance because there are people who seem not drunk and can still focus well even they consumed too much.

Anyway, it's not advisable to trade when you're under influence of alcohol. Even we're not drunk, we do lose and sometimes committing mistakes so what more if you can't focus?


Title: Re: Being drunk while trading what was your experience
Post by: Digital_Lord on March 20, 2023, 02:57:57 PM
In the condition of being drunk no decision can make true and a person will always do wrong things. Trading is not Easy and if a normal person very hardly get income from trading then how will a drunk person sell or buy tokens according to situation. Trading is not a gaming system for kids but a brilliant guy must look towards the profit. Once a man become adopted to drink then he hardly control himself so if he drunks regularly then how he will save money and how he will put it for investment. I don't think that drunk man can get profit and can have np such active minds to go according to market worth.


Title: Re: Being drunk while trading what was your experience
Post by: TheUltraElite on March 20, 2023, 03:35:58 PM
Drunk is not allowed in my religion and I don't have any experienced yet being drunk while trading in cryptocurrency, its seems not good ideas when you spent your money by investing or trading in cryptocurrency lost consciousness because you can't controlling about which one worth or potential coins for trading.
Losing consciousness during trading is a complete no-no you have to be physically and mentally stable when trading otherwise it is a waste of time, money and effort. A non-trader is better than a knocked-out trader.

With substances of abuse one only increases their losing chances. I assume many people drink only to forget their sorrows and from there addiction starts and they cant handle withdrawal and they attempt to drink more - the vicious cycle of alcoholism.

In any case, we have to remain sober and clean when it comes to trading, have a code of discipline if you want to make money. Remember that preventable losses bring the biggest regrets and dont be one of them.


Title: Re: Being drunk while trading what was your experience
Post by: Huppercase on March 20, 2023, 05:17:17 PM
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

I have reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.

Why should anyone trade when drunk? Do you have plans to blow up your accounts with losses. It is more like I know that I am sick and yet, I went ahead to on my laptop and try to trade when I know that mentally, I am not fit to do anything. I did't even ask how intoxicated level could be but if I have taken 1 bottle of bear, I can trade and everything will be fine or maximum of 2 bottles but as soon as I exceed this limit, then I might have abuse my brain, I don't think I can look at my screen and still be confident that I can trade, I may be selling low and buying high if I don't caution my action.


Title: Re: Being drunk while trading what was your experience
Post by: freedomgo on March 20, 2023, 05:30:14 PM
I have never traded while drunk. And I have no experience of trading while drunk. Especially drunk people never seem normal. Because trading requires a healthy mindset. And in this case when a person gets drunk he loses his balance in that state. When a man trades out of balance he must lose his trade. Because trading requires a lot of attention and right decisions. And this right decision can never be taken by an unbalanced person. As a result he will definitely lose his business.
I know the risks in trading and it takes full attention so you can win your trades, so I never try trading when I got drunk. And I have no really plans to trade everytime i am in a drinking session with my friends because the risk of losing is high especially if your mind is bothered and your attention is split between your friends and your focus to trade. If ever I trade, I make sure I have a fresh mind and a healthy mindset too, that’s what should be.


Title: Re: Being drunk while trading what was your experience
Post by: Erumo on March 20, 2023, 05:42:42 PM
Why should anyone trade when drunk?

Coz its fun :) you never know where being drunk will get you. Its like gambling and trading simulteneously. You never know what crap you will buy and how it will end. Some people drink to trade, because they are afraid to make decision while being sober. So being drunk while trading can be a valuable experience.


Title: Re: Being drunk while trading what was your experience
Post by: wxa7115 on March 26, 2023, 05:26:26 AM
Why should anyone trade when drunk?

Coz its fun :) you never know where being drunk will get you. Its like gambling and trading simulteneously. You never know what crap you will buy and how it will end. Some people drink to trade, because they are afraid to make decision while being sober. So being drunk while trading can be a valuable experience.
I will have to disagree, it is true that some people enjoy themselves more when they have a few drinks, and while there is nothing wrong with that, there is a place and time for this kind of behavior, and drinking while trading the markets is not the time or place to do so.

Trading is not supposed to be fun, it is just like any other job, if you are lucky you will be one of the few people which loves their job and you will like to trade, but if you do not enjoy to trade there is no reason to try to make it fun by drinking, trading is so challenging already that traders cannot obtain profits even while sober, and I do not see any reason to make things even more difficult for ourselves by drinking alcohol.


Title: Re: Being drunk while trading what was your experience
Post by: _BlackStar on March 26, 2023, 04:05:24 PM
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.
I very rarely trade because so far I tend to prioritize investing over trading.
But about your question, I think it's a bad idea to trade drunk. Obviously that will influence decisions and will usually only result in losses, not profits. Even half asleep is not good for trading, it's the same as being drunk.

However, I never knew if anyone traded drunk. Even if they made a profit I don't think they were drunk but fine. Half asleep and drunk are the same, it affects the final decision.


Title: Re: Being drunk while trading what was your experience
Post by: jaberwock on March 26, 2023, 09:03:44 PM
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.
I very rarely trade because so far I tend to prioritize investing over trading.
But about your question, I think it's a bad idea to trade drunk. Obviously that will influence decisions and will usually only result in losses, not profits. Even half asleep is not good for trading, it's the same as being drunk.

However, I never knew if anyone traded drunk. Even if they made a profit I don't think they were drunk but fine. Half asleep and drunk are the same, it affects the final decision.
I know it's crazy but I think there are really traders who can perform well while they are drunk. Have you seen the movie drunken master? The main character becomes really good at karate by the time he drank a lot of beer and get drunk. The same thing I was talking about there. I heard there's also writers who becomes very creative when they take drugs.

For some it can be coffee and alcoholic beverages. Sometimes we only need to experiment if what beverages or substance works best for us. There are drunk people who are still very conscious about their surroundings so it may be different from half asleep but I don't think someone can function well if they are half asleep.


Title: Re: Being drunk while trading what was your experience
Post by: Hamphser on March 26, 2023, 09:29:40 PM
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.
I very rarely trade because so far I tend to prioritize investing over trading.
But about your question, I think it's a bad idea to trade drunk. Obviously that will influence decisions and will usually only result in losses, not profits. Even half asleep is not good for trading, it's the same as being drunk.

However, I never knew if anyone traded drunk. Even if they made a profit I don't think they were drunk but fine. Half asleep and drunk are the same, it affects the final decision.
I know it's crazy but I think there are really traders who can perform well while they are drunk. Have you seen the movie drunken master? The main character becomes really good at karate by the time he drank a lot of beer and get drunk. The same thing I was talking about there. I heard there's also writers who becomes very creative when they take drugs.

For some it can be coffee and alcoholic beverages. Sometimes we only need to experiment if what beverages or substance works best for us. There are drunk people who are still very conscious about their surroundings so it may be different from half asleep but I don't think someone can function well if they are half asleep.
Connecting movies into real life is never been that ideal nor even true because we know that it would really be that fictional or couldnt be possibly true.How come a certain individual under the influence of alcohol

would be able to do such things with more precise manner or more better compared when he/she isn't drunked? We know that proper thinking and actions would really be that affected.We might be having that

no emotion on this kind of state but it is something that could neither put us on harm on the time where we do make out some trades.This is why it would be more ideal and better if we do
avoid on getting drunk while we are doing trading because you cant really be that on an optimal way of thinking on this kind of state.Nothing beats out if you are really that fully aware
on what you are doing.


Title: Re: Being drunk while trading what was your experience
Post by: Slow death on March 26, 2023, 09:49:28 PM
I confess that I am very curious to know which currency your friend was trading, was he day trading with bitcoin or altcoins? I am asking about this because in this cryptocurrency market there is not a very large price fluctuation every day, and when I talk about very large price fluctuations I am saying that there is not a large price increase and minutes later the price drops a lot to go up a lot again and adding the trade fees makes day trading in this cryptocurrency market a waste of time

So your friend, how is he going to be able to day trade in this cryptocurrency market that has no advantage? even if your friend had a lot of capital he would not be able to day trade in this cryptocurrency market, he would not be able to day trade even if he learned technical analysis, this does not work well in this cryptocurrency market

I'll give you examples of what I'm talking about: your friend could spend the whole day glued to his phone watching the price movement, and at the end of the day he wouldn't gain anything, while people who buy and hold for the long term are making profits in this market , the cryptocurrency market is only profitable in the long term


Title: Re: Being drunk while trading what was your experience
Post by: Fivestar4everMVP on March 26, 2023, 10:16:15 PM
This is something I've never experienced before, to be drunk and be trading at the same time.
But then, there is no big deal in it, even as I have never done it before, I have full confidence that I can trade successfully even while I am drunk.
The one thing I believe that wil be the main catalyst is that, the place where I am must be very busy, this is because I tend to sleep off very easily anytime I am drunk, so it is not always a good thing to mix business with pleasure, so the best advice is to keep away from alcohol if you are trading.


Title: Re: Being drunk while trading what was your experience
Post by: Vaculin on March 26, 2023, 10:53:08 PM
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.

I have reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.

The floor is always open for more discussions.
I have never experienced trading while you are badly influenced by an alcohol. For me, that is a very risky thing to do and it’s like you are pushing your trade to lose than to make some gains. Well, it might work for others but definitely not for me. I know that trading is hard and difficult, and one needs to be more focused and need to make good analysis on the market, which means you cannot do it unless you are in your best mood to trade or you have the right mindset to trade.


Title: Re: Being drunk while trading what was your experience
Post by: _BlackStar on March 27, 2023, 08:38:17 PM
-snip-
I know it's crazy but I think there are really traders who can perform well while they are drunk. Have you seen the movie drunken master? The main character becomes really good at karate by the time he drank a lot of beer and get drunk. The same thing I was talking about there. I heard there's also writers who becomes very creative when they take drugs.

For some it can be coffee and alcoholic beverages. Sometimes we only need to experiment if what beverages or substance works best for us. There are drunk people who are still very conscious about their surroundings so it may be different from half asleep but I don't think someone can function well if they are half asleep.
I think there are some condition where it's still possible for someone to make a good decision while they are using drugs or drinking alcohol. At this point they are still in the early stages where relaxation or euphoria still allows them to be able to control themselves well. But after they enter stage 3 where the next drunken stage will make them lose concentration and lose body control and lose balance.

In the first and second phase, trading is possible respectively because usually these stages still allow one to make good decisions. But not after they entered the next phase. Relaxing is a good state to make decisions, this is also usually needed by traders when they are too tired.


Title: Re: Being drunk while trading what was your experience
Post by: Yawa2020 on March 27, 2023, 08:57:03 PM
Drunk? Like taking alcohol or any intoxicating drinks? I haven't tested any hard drinks before but I understand that it makes someone to lose conscious. So if that's the case, how can someone engage in trading while on questionable conscious? Are you eager to lose money and regret later when you regain your conscious? I don't know but to me that should be worse experience ever.


Title: Re: Being drunk while trading what was your experience
Post by: dunfida on March 27, 2023, 10:26:34 PM
Drunk? Like taking alcohol or any intoxicating drinks? I haven't tested any hard drinks before but I understand that it makes someone to lose conscious. So if that's the case, how can someone engage in trading while on questionable conscious? Are you eager to lose money and regret later when you regain your conscious? I don't know but to me that should be worse experience ever.
Everythings too much would be always bad and this is why people shouldnt really be dealing up with things specially if it could really affect on things on what you are doing specially when dealing up with trading.

There's no way that you could think up well if you are under the influence of alcohol on which it is really just that right that you should avoid as much as you could because we know that alcohol could
really hinder up your proper way of thinking which we know that it is really just that normal.We arent that dumb not to notice out for ourselves on how our body reacts on times
that we are under the influence of alcohol.


Title: Re: Being drunk while trading what was your experience
Post by: LUCKMCFLY on April 01, 2023, 04:13:52 AM
can you trade while you are already drunk?
Under normal circumstances, I can trade crypto and lose, what's more drunk, maybe for me if I trade while drunk, I press the sell and buy buttons instead, there is an error, what's more, looking at crypto trading charts maybe it's like I'm looking at petis, I don't know what I would do if I was drunk I was trading, I can't imagine.

For me it's rare to see someone able to carry out normal activities as usual a drunkard, but if your friend can do it that's an extraordinary thing, very curious, If i had a friend like that i would see firsthand how he makes those trades, is he really serious and on target when he does it or I will look at it with a laugh.
trading is not kung fu where there is a drunken move, which is very deadly for the opponent. but when we are drunk, of course, the eye seeing the chart is not clear, and on the other hand, the brain cannot work optimally, so how can we trade in conditions like that. maybe the person who did it at a time like that was not aware that he was trading, so he was carried away in his routine, because everyday thinking about the market, seemed to be a reflex movement for trading. another possibility he is just looking for a thrill in front of his friends

I really like the focus you give on Kung Fu and its drunken style ,but sometimes when you are a little drunk, some things that rason does not allow us to do , alcohol uninhibits them, and that can make the brain not find any obstacle of the thoughts that you have when you are right Because alcohol unlocks many things, among those things are those that we do not do,Such as taking big risks, and I think that was what happened to the trader,simply the alcohol or its effect He made me not feel afraid and operate with everything and he won.


Title: Re: Being drunk while trading what was your experience
Post by: Rockstarguy on April 01, 2023, 05:13:02 AM
Normally when one takes alcohol it makes one not to be at the right state mind of mind. Trading is something that needs good attention by thinking well, I know we have different systems when we take alcohol. For some people alcohol may not really affect them while trading but I think it is not advisable to take alcohol while trading,  alcohol change the mood, so it is better to be in the real mood because trading is a serious business that involves loss and gain. The mood which  we find ourselves into can have influence over trading .


Title: Re: Being drunk while trading what was your experience
Post by: EarnOnVictor on April 01, 2023, 10:51:54 AM
-snip-
I know it's crazy but I think there are really traders who can perform well while they are drunk. Have you seen the movie drunken master? The main character becomes really good at karate by the time he drank a lot of beer and get drunk. The same thing I was talking about there. I heard there's also writers who becomes very creative when they take drugs.

For some it can be coffee and alcoholic beverages. Sometimes we only need to experiment if what beverages or substance works best for us. There are drunk people who are still very conscious about their surroundings so it may be different from half asleep but I don't think someone can function well if they are half asleep.
I think there are some condition where it's still possible for someone to make a good decision while they are using drugs or drinking alcohol. At this point they are still in the early stages where relaxation or euphoria still allows them to be able to control themselves well. But after they enter stage 3 where the next drunken stage will make them lose concentration and lose body control and lose balance.

In the first and second phase, trading is possible respectively because usually these stages still allow one to make good decisions. But not after they entered the next phase. Relaxing is a good state to make decisions, this is also usually needed by traders when they are too tired.
Human beings are different, and those that are used to stimulants might make the right decision through that. This was why I never totally condemn the act of drinking while trading in my first reply on this thread, it had worked for me too. However, this must be done in moderation to help the person actualize what they truly know about trading and the determination to do it. This should not also be a habit so that it will not cause addiction of any guise.

Above all, prior quality trading experience is needed for any stimulant to work for you, it can't do magic.


Title: Re: Being drunk while trading what was your experience
Post by: martyns on April 02, 2023, 01:04:02 PM
Normally when one takes alcohol it makes one not to be at the right state mind of mind. Trading is something that needs good attention by thinking well, I know we have different systems when we take alcohol. For some people alcohol may not really affect them while trading but I think it is not advisable to take alcohol while trading,  alcohol change the mood, so it is better to be in the real mood because trading is a serious business that involves loss and gain. The mood which  we find ourselves into can have influence over trading .
I agree with you that we all have different systems,for  some persons,when they take alcohol,it gives them inspiration beyond imagination,it makes them make the right decision,while to some persons,the moment they take alcohol,it will immediately break them down and intoxicate them in a way that they will find it difficult to do things alone by themselves,except they are helped by their friends.
To me,I haven't really taken alcohol before while trading because I know the trading game involves money,and it is very risky for me to take alcohol and trade,therefore,I won't even dare it.The people that can best give you or tell you about their experience are the people who have done that before,and see some effect,either negative or positive, that can tell more better about their experience.


Title: Re: Being drunk while trading what was your experience
Post by: mvdheuvel1983 on April 02, 2023, 07:47:38 PM
This topic almost seems funny but in reality it is not funny.
Why on earth will a bitcoin trader think of trading in the beer palour in the first place? (Rhetorical question).
Any bitcoin trader who knows the consequences of wrong trading should never think of it talk more of being drunk.
Well i have never come across such before but i can tell that the esperience will never be a sweet one to say.
You should never allow anyone  who is drunk to trade  in bitcoin becuse the outcome will be very fatal.


Title: Re: Being drunk while trading what was your experience
Post by: Dr.Bitcoin_Strange on April 02, 2023, 11:27:19 PM
Trading in a drunken state would not give any positive results to the trader; instead, it would make you see a lot of good opportunities to buy and sell, but those opportunities would just be some reflections going on in your head but not on the crypto market.

My friend crashed his car in a drunken state. Another of my friends wagered a huge amount that he was not supposed to in a casino, and that was because he was drunk. With these two instances, I don't think there could be any better result obtained from trading in a drunken state.




Title: Re: Being drunk while trading what was your experience
Post by: xSkylarx on April 03, 2023, 03:12:11 AM
This topic almost seems funny but in reality it is not funny.
Why on earth will a bitcoin trader think of trading in the beer palour in the first place? (Rhetorical question).
Any bitcoin trader who knows the consequences of wrong trading should never think of it talk more of being drunk.
Well i have never come across such before but i can tell that the esperience will never be a sweet one to say.
You should never allow anyone  who is drunk to trade  in bitcoin becuse the outcome will be very fatal.

You could get drunk in your house though, and yes, I don't know the reason why a trader will still take a trader mostly if drunk. Money is involved here, and your decision and emotion should be intact and not wobbly because if you make any mistakes, the possibility exists that you will lose all of your money. I have taken a trade before while drinking a beer, but I am not drunk. I am just having a chill, and after taking and plotting my trade, I will continue to chill, but if ever I am drunk, I will never be opening my laptop.


Title: Re: Being drunk while trading what was your experience
Post by: CryptSafe on April 03, 2023, 01:18:06 PM
OP I really do not think one can do anything while being drunk because to the best of my knowledge, feeling dizzy alone you can not be able to type even if you do believe me you it will be a typographical error coupled with grammatical errors not to talk of when someone is intoxicated with liquor to a point of being drunk what do you expect of that person. I do not think you can be able to hold your phone when drunk unless you are with your trusted friend.

So therefore,  being drunk while trading or otherwise is a professional blunder which can not be corrected at that very moment when done. As a trader and as a matured reasoning human, you should know that there is time for everything. Any trader who does that does not have ethics and does not run his business principled.


Title: Re: Being drunk while trading what was your experience
Post by: Mahanton on April 03, 2023, 08:49:57 PM
Trading in a drunken state would not give any positive results to the trader; instead, it would make you see a lot of good opportunities to buy and sell, but those opportunities would just be some reflections going on in your head but not on the crypto market.

My friend crashed his car in a drunken state. Another of my friends wagered a huge amount that he was not supposed to in a casino, and that was because he was drunk. With these two instances, I don't think there could be any better result obtained from trading in a drunken state.



On the time that you are really that intoxicated with alcohol which numbness not only physically but also in your emotions on which it would really be putting you into a condition on which you dont care,which means
that you would be likely on creating rushed up decisions which would really be resulting into losses and since you arent on your right mind and its just a normal outcome.This is why its never been that recommended
on doing trades when you are drunked.Its understandable and something that would be no sense on doing that.You should rest and call it a day and dont force on having
orders to be opened on that time.


Title: Re: Being drunk while trading what was your experience
Post by: Dr.Bitcoin_Strange on April 03, 2023, 11:10:03 PM
On the time that you are really that intoxicated with alcohol which numbness not only physically but also in your emotions on which it would really be putting you into a condition on which you dont care,which means
that you would be likely on creating rushed up decisions which would really be resulting into losses and since you arent on your right mind and its just a normal outcome.This is why its never been that recommended
on doing trades when you are drunked.Its understandable and something that would be no sense on doing that.You should rest and call it a day and dont force on having
orders to be opened on that time.

Drunkenness always puts someone in a state of unconsciousness, in which they really think they are conscious but have no idea what they are really doing. In that state of mind, they quickly make decisions without giving them a second thought; they are not scared of what happens at that moment because they have lost a good sense of understanding that they could regret their actions later, when they have become fully conscious. If, in this state, the person tries to trade, they could even foolishly wipe off all the funds in their account, thinking it's just a joke. Even in a drunken state, I would avoid my phone, my car, and anything that would make me regret what the later outcome may be.


Title: Re: Being drunk while trading what was your experience
Post by: worle1bm on April 04, 2023, 09:32:31 AM
I have not experienced or would do such things while trading or vice versa because when you are drunk you are not in stable condition to make firm decision and you could loose money and more risk if big sums aee involved.You should be not tell anyone else also about your portfolio while you are in party mode because what if they get access from you when you are not conscious? I do it occasionally or at some functions and Don't trade at that time so no problem for me but don't do this ever.



Title: Re: Being drunk while trading what was your experience
Post by: xSkylarx on April 04, 2023, 09:38:44 AM
I have not experienced or would do such things while trading or vice versa because when you are drunk you are not in stable condition to make firm decision and you could loose money and more risk if big sums aee involved.You should be not tell anyone else also about your portfolio while you are in party mode because what if they get access from you when you are not conscious? I do it occasionally or at some functions and Don't trade at that time so no problem for me but don't do this ever.



Those of your friends who will try to, like, get access to your portfolio are not your friends because that's a personal matter, and if they do something to it and say it is just a joke, then it is not good. Also, make sure that you always have a pin or password to unlock your phone for better security. No matter how drunk I am, I won't be doing those dumb things, because for sure, when I get my hangover the next morning, I will regret it.


Title: Re: Being drunk while trading what was your experience
Post by: Digital_Lord on April 04, 2023, 06:09:18 PM
Trading is something more risky and for successful future in trading one should use his active mind for taking decision and if one don't understand about the price then how he will be successful in trading while being drunk. I think this activity is not good and we all should avoid this behavior. A successful man is one who concentrates on his goals while being drunk cannot be aware of his goals. May be sometimes he do some buying and selling which becomes successful for him therefore success depends on his mind and thoughts but in reality it's not  good behavior so we should her rid of such behavior as soon as possible.


Title: Re: Being drunk while trading what was your experience
Post by: Lorence.xD on April 07, 2023, 04:44:17 AM
Trading is something more risky and for successful future in trading one should use his active mind for taking decision and if one don't understand about the price then how he will be successful in trading while being drunk. I think this activity is not good and we all should avoid this behavior. A successful man is one who concentrates on his goals while being drunk cannot be aware of his goals.

That's why in every alcohol advertisement there's always a reminder "drink responsibly" because once alcohol hits you, you might do things that you aren't aware. As the OP have already experience on trading and also knowledgeable, of course being drunk its possible for him to act carelessly but he's state of mind is in influence of alcohol. Luckily if he gained than loss, because this is actually a serious situation where you risk your assets not being fully aware of it. In trading where we need discipline and emotional stability for you to have good calls, if he doesn't apply it to himself even not on trading then in the very next future he might losses a lot.


Title: Re: Being drunk while trading what was your experience
Post by: Dr.Osh on April 07, 2023, 06:40:58 AM
if we are drunk, then we will not be aware of what we are going to do, even for daily activities, it will feel very heavy, and we will not even know what we are going to do, especially if we are heavily drunk. if we trade in a drunken state, then the risk is very big. especially if you have a lot of capital. it will be very risky for you to lose the money you have. there are so many causes for this, like we make the wrong decision, or something else. so, you should avoid trading when drunk. it is a condition where a person loses complete control over himself.


Title: Re: Being drunk while trading what was your experience
Post by: stomachgrowls on April 07, 2023, 09:14:14 AM
if we are drunk, then we will not be aware of what we are going to do, even for daily activities, it will feel very heavy, and we will not even know what we are going to do, especially if we are heavily drunk. if we trade in a drunken state, then the risk is very big. especially if you have a lot of capital. it will be very risky for you to lose the money you have. there are so many causes for this, like we make the wrong decision, or something else. so, you should avoid trading when drunk. it is a condition where a person loses complete control over himself.
Our senses and our mind/brain would really be numb and emotions is something that is numb too where we do make out decisions without even trying out to make indepth research or having no basis which means that

it would really be prone likely to many errors which is something that we should really avoid on.You would really be just shocked on the time that you are already in your right mind and realized on what you have done
when you are drunk.Lucky if you do able to make good calls and make profitable trades but if not then it would be an another story.I havent experience on doing trades when im in under the influence
of alcohol which we know that we cant really be that be able to make out decisions or doesnt follow in regarding with our plans.


Title: Re: Being drunk while trading what was your experience
Post by: MFahad on April 14, 2023, 06:08:49 PM
First of all I will say that engaging in bad activities does not sound good so always try to leave that company which consists of bad friends. Not only for trading but for every single work being drunk is forbidden. A man who is being drunk in my opinion will not be able to perform the chosen tasks efficiently and his every session will be wrong so I think that a person being drunk should not involved in trading and he should choose one thing either trading or drinking.


Title: Re: Being drunk while trading what was your experience
Post by: Rockstarguy on April 15, 2023, 07:40:05 AM
First of all I will say that engaging in bad activities does not sound good so always try to leave that company which consists of bad friends. Not only for trading but for every single work being drunk is forbidden. A man who is being drunk in my opinion will not be able to perform the chosen tasks efficiently and his every session will be wrong so I think that a person being drunk should not involved in trading and he should choose one thing either trading or drinking.
Drunkeness is not encouraging in trading at all because being drunk means in a state og condition when one is unable to do things in the original behaviour. When trading we make used of the thinking faculty,  we compare the trade to that of the previous experience to know which step to follow . The state of drunkenness can be risk while trading, anything that needs good attention like trading I think it is not right to get alcohol involved,  Drunkeness makes the brain to be dull, slow in thinking.


Title: Re: Being drunk while trading what was your experience
Post by: TheUltraElite on April 24, 2023, 04:20:31 PM
I know it's crazy but I think there are really traders who can perform well while they are drunk. Have you seen the movie drunken master? The main character becomes really good at karate by the time he drank a lot of beer and get drunk. The same thing I was talking about there. I heard there's also writers who becomes very creative when they take drugs.
Mate, you serious? Its a movie and a work of fiction, dont start getting ideas from them to use in real life where real money in involved. ::)

Taking drugs and alcohol makes you less attentive, drowsy and hampers your decision making, leading to wrong orders or accidental clicking that can be fatal for your money. If you are serious about that you would not do that in real.

The whole "beat up the bad boys" stunt might work like bar fights are getting drunk but when it comes to things that need your concentration, alcohol is a bad choice.


Title: Re: Being drunk while trading what was your experience
Post by: bettercrypto on April 24, 2023, 05:14:51 PM
I have never experienced trading with a drunk, then maybe it depends on the level of your drunkenness, because there are drunks that you almost don't realize what you're doing, you're out of control and you can't really control it.

        There are also times when you're drunk but you still know what you're doing, even though your head hurts from the hangover. So it's a bit difficult if you feel the situation when you have done trading in cryptocurrency.


Title: Re: Being drunk while trading what was your experience
Post by: Kara3 on April 25, 2023, 08:26:50 AM
Drunk an still be trading is  one of the most crazy thing I have heard in recent times, how can you even do your technical analysis while your hands will be shaking an you will be feeling so dizzy, it will never ends well if such thing happens


Title: Re: Being drunk while trading what was your experience
Post by: Rigon on April 25, 2023, 08:59:59 AM
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.
I have no practical experience in drunk trading. I have not taken any intoxicants till date  So I can't give a very good answer from my side. But trading while drunk is very risky. People who trade drunk mostly end up losing in trading. Especially on futures trading platforms, there will be the highest risk if you trade while drunk. Because while trading you have to consider the previous situation of the market, the next situation and how much you will take 20x, 30x.... So I don't think a drunk person can analyze this kind of judgement. In such a situation, if he engages in trading without analyzing the judgment, then he will definitely fall into loss. Finally, a drunk person is never a normal person, he becomes a completely uncontrolled person.


Title: Re: Being drunk while trading what was your experience
Post by: sokani on April 25, 2023, 03:31:35 PM
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
Well... There are persons that can takes as many bottles of alcohol and no matter the quantity they take, it will have no effect on them. So if your friend is in that category then I see nothing wrong but if you mean that your friend was actually drunk then it's something to worry about and he might make costly mistake while trading because he's not in control of his senses.


Title: Re: Being drunk while trading what was your experience
Post by: Adbitco on April 25, 2023, 05:09:05 PM
Well... There are persons that can takes as many bottles of alcohol and no matter the quantity they take, it will have no effect on them.

Yes it's true that some people are chronic addicts who can easily control any volume of alcohol they consumed along the line at a time can walk and work perfectly fine without anyone noticing it. Although initially I didn't know he was only monitoring his trade with  the smartphone, while I thought he was trading, I tried confirming from him the next time we met again and he said wasn't really deep into trading that very day he was monitoring rather.


Title: Re: Being drunk while trading what was your experience
Post by: dunfida on April 25, 2023, 08:30:46 PM
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
Well... There are persons that can takes as many bottles of alcohol and no matter the quantity they take, it will have no effect on them. So if your friend is in that category then I see nothing wrong but if you mean that your friend was actually drunk then it's something to worry about and he might make costly mistake while trading because he's not in control of his senses.
Yes, people does have different tolerance when it comes to alcohol on which no matter how you do see on having lots of liquor had been drank out but still it doesnt make any effects
on someone you know and instead you have seen him on doing up those usual stuffs without having no problems. This is why its really impossible that you cant really be able to
notice out for yourself on whats happening into your body. In regarding actions then it would be no sense on making up some trades into a condition like this on which you cant
really be able to think up clearly if you are under influence of alcohol.

Drunk an still be trading is  one of the most crazy thing I have heard in recent times, how can you even do your technical analysis while your hands will be shaking an you will be feeling so dizzy, it will never ends well if such thing happens
You wouldnt be ending up that well. Your brain and the feeling of getting dizzy is the main thing you would really be able to felt.There's no sense on doing something like this
on the time or this condition which would really be that prone to lots of errors and mistakes because you cant think off clearly. This is why
its never been that recommendable on having this kind of perception on pushing up things despite of being drunk.


Title: Re: Being drunk while trading what was your experience
Post by: ShowOff on April 25, 2023, 09:32:51 PM

Yes it's true that some people are chronic addicts who can easily control any volume of alcohol they consumed along the line at a time can walk and work perfectly fine without anyone noticing it. Although initially I didn't know he was only monitoring his trade with  the smartphone, while I thought he was trading, I tried confirming from him the next time we met again and he said wasn't really deep into trading that very day he was monitoring rather.

There are several phases during which alcoholics are still able to control themselves and their brains, but to a certain extent they will lose their minds and will influence their decisions. Trading while drunk is ridiculous, but they can still trade while feeling sober or relaxed. Of course there are some traders who trade while drunk, but the drunk phase is not to lose their minds. I mean they can still control everything, including being able to trade.


Title: Re: Being drunk while trading what was your experience
Post by: martyns on April 27, 2023, 03:21:27 PM
Well... There are persons that can takes as many bottles of alcohol and no matter the quantity they take, it will have no effect on them.

Yes it's true that some people are chronic addicts who can easily control any volume of alcohol they consumed along the line at a time can walk and work perfectly fine without anyone noticing it. Although initially I didn't know he was only monitoring his trade with  the smartphone, while I thought he was trading, I tried confirming from him the next time we met again and he said wasn't really deep into trading that very day he was monitoring rather.
Well,I don't drink because excessive alcohol affects my liver and it isn't just good for my system,and
i haven't gotten this kind of experience before,but one thing I know is that there are some persons who nomatter the amount of drink they drink,they still know themselves and doing anything they do won't be a problem when they drink.Alcohol isn't just good for some persons,and when they force themselves to drink,it will always intoxicate them and they will definitely misbehave and do things in an abnormal way.Drinking and trading doesnt sound ok to me,but if you can control yourself and know what you are doing while you are under the influence of the alcohol,it's still fine.Moreover,some persons get inspiration when they drink.


Title: Re: Being drunk while trading what was your experience
Post by: xSkylarx on April 27, 2023, 04:07:45 PM

Yes it's true that some people are chronic addicts who can easily control any volume of alcohol they consumed along the line at a time can walk and work perfectly fine without anyone noticing it. Although initially I didn't know he was only monitoring his trade with  the smartphone, while I thought he was trading, I tried confirming from him the next time we met again and he said wasn't really deep into trading that very day he was monitoring rather.

There are several phases during which alcoholics are still able to control themselves and their brains, but to a certain extent they will lose their minds and will influence their decisions. Trading while drunk is ridiculous, but they can still trade while feeling sober or relaxed. Of course there are some traders who trade while drunk, but the drunk phase is not to lose their minds. I mean they can still control everything, including being able to trade.

Its the tipsy stage where you can still know everything, can think well, can decide well and can walk well which this kind of phase for sure they can still manage their emotions and decision making. Sometimes i do have a one bottle of beer when i do trade just to relax and chill but when it comes to like coming from a party and drunk , i wont be doing this as for sure this will be a huge problem and losses for me. That is why others dont really install the trading app on their phone and going to party because sometimes we cant control our ego and we will be boasting it to others.


Title: Re: Being drunk while trading what was your experience
Post by: cydrix on April 27, 2023, 04:32:42 PM
This will depend on your tolerance for alcohol as there are some people who can't fully control themselves when they get drunk. However, it's likely that your friend can still think clearly even if he is already intoxicated. Have you tried to ask your friend for the outcome of his trade? In your friend's instance, I believe he knows what he is doing.

I personally won't give it a shot because it's extremely hazardous, you may lose all your money if you trade while inebriated, and I know I'm not strong on alcohols.


Title: Re: Being drunk while trading what was your experience
Post by: Mahanton on April 27, 2023, 11:53:23 PM
Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
Well... There are persons that can takes as many bottles of alcohol and no matter the quantity they take, it will have no effect on them. So if your friend is in that category then I see nothing wrong but if you mean that your friend was actually drunk then it's something to worry about and he might make costly mistake while trading because he's not in control of his senses.
Yes, people does have different tolerance when it comes to alcohol on which no matter how you do see on having lots of liquor had been drank out but still it doesnt make any effects
on someone you know and instead you have seen him on doing up those usual stuffs without having no problems. This is why its really impossible that you cant really be able to
notice out for yourself on whats happening into your body. In regarding actions then it would be no sense on making up some trades into a condition like this on which you cant
really be able to think up clearly if you are under influence of alcohol.

Drunk an still be trading is  one of the most crazy thing I have heard in recent times, how can you even do your technical analysis while your hands will be shaking an you will be feeling so dizzy, it will never ends well if such thing happens
You wouldnt be ending up that well. Your brain and the feeling of getting dizzy is the main thing you would really be able to felt.There's no sense on doing something like this
on the time or this condition which would really be that prone to lots of errors and mistakes because you cant think off clearly. This is why
its never been that recommendable on having this kind of perception on pushing up things despite of being drunk.
When you are under the influence of alcohol then you would definitely be having that kind of numb thinking on which you would really be that having no emotion which means that you would really be
that prone to errors and mistakes just because you cant think off that well when you are under the influence of alcohol. This is why its never been that recommendable that you should be trading when you are drunk.
You cant really be that engaging on trade without having that proper thinking because this isnt something that you could really just engage without thinking up the analysis you had made out or the thing that
you've been get used to. Its totally different when it comes to decision and action making on implying out your techniques and charting which is something that very crucial
when we are doing trading.You cant just neglect and be confident on trading up on this kind of condition.


Title: Re: Being drunk while trading what was your experience
Post by: Renampun on April 28, 2023, 02:04:47 AM
I can't stop thinking about a trader who has a hobby of alcoholic liquor. we all know that when a person is drunk, his brain function decreases and that person will definitely not be able to control his self-awareness.
besides that how will he maintain his capital to trade while he has a hobby of drinking alcohol and the price of alcoholic drinks is quite expensive? even a trader with full awareness can make the wrong decision what about those who are drunk, I really can't imagine :o


Title: Re: Being drunk while trading what was your experience
Post by: RealMalatesta on April 28, 2023, 06:36:34 PM
Well,I don't drink because excessive alcohol affects my liver and it isn't just good for my system,and
i haven't gotten this kind of experience before,but one thing I know is that there are some persons who nomatter the amount of drink they drink,they still know themselves and doing anything they do won't be a problem when they drink.Alcohol isn't just good for some persons,and when they force themselves to drink,it will always intoxicate them and they will definitely misbehave and do things in an abnormal way.Drinking and trading doesnt sound ok to me,but if you can control yourself and know what you are doing while you are under the influence of the alcohol,it's still fine.Moreover,some persons get inspiration when they drink.
It is a bad one and nobody should do it, I have seen others do it and it is definitely a bad one. I am not a super religious person, but I do not drink for my health as well, it is definitely bad for you. In fact, drinking and smoking at the same time equals to a life expectancy that is on average 12 years less, can you imagine that? You get to live 12! less years, I think that is not a good idea for anyone at all.

If you cut sugar and carbs out of your life as well, which is not needed by the body anyway, that means you get to save another 7 to 13 years (depending on some peoples body I suppose) so if you are healthy basically and cut those four things alone, you gain a total of 20 years or maybe even more. Let alone all the trading benefits as well :D. Get to trade with clear mind and healthy body equals bigger chance to profit.


Title: Re: Being drunk while trading what was your experience
Post by: Dzwaafu11 on April 28, 2023, 06:52:09 PM
Being inebriated while trading is not a negative thing, but I'm not sure how you'll know what to do when you're inebriated but hope to come out on top in that kind of situation. I think that trading when intoxicated, having consumed alcohol, or doing anything else will make you act badly. Trading is undoubtedly not for them. However, I believe that what you needed to do with your friend at the time was to prevent him from working while intoxicated. Because of his addiction, he cannot trade when in his regular state of mind unless he gets intoxicated before trading every night. Therefore, I wish you could have stopped him by doing that at the same time. Because he is at a high risk of losing his money at that point because he is unable to decide where to buy or sell, he will simply act according to his own judgment.


Title: Re: Being drunk while trading what was your experience
Post by: rozak on April 28, 2023, 06:56:28 PM
I can't stop thinking about a trader who has a hobby of alcoholic liquor. we all know that when a person is drunk, his brain function decreases and that person will definitely not be able to control his self-awareness.
besides that how will he maintain his capital to trade while he has a hobby of drinking alcohol and the price of alcoholic drinks is quite expensive? even a trader with full awareness can make the wrong decision what about those who are drunk, I really can't imagine :o

actually, it's not that surprising. those who trade with large capital, or it's the same as a gambler who goes to the casino with his alcohol, isn't that something common? especially for a trader who can indeed become a habit with the alcohol they drink.
what becomes a mistake is when they trade with a very drunk condition, it can affect the decisions made. they do not have complete control over thoughts that are no longer balanced. this is indeed detrimental but not something surprising.


Title: Re: Being drunk while trading what was your experience
Post by: Bushdark on April 28, 2023, 09:45:15 PM
Trading while drunk is something I can't still relate to because it could have serious consequences on us if we ever make a mistake of entering the market at once with all our funds. Trading is supposed to be fully in our right senses not doing something when our mind can not relate with our brain to get things executed.

We need to know what we are doing in case this eventually happens to anyone of us.
Anything that money is involved is meant to be taken seriously if not thing ming go wrong and we can end up losing crazy amount of funds leading us to blame our ancestors.