Being drunk while trading what was your experience

[Hamphser]

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.

[Slow death]

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

[Fivestar4everMVP]

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.

[Vaculin]

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.

[_BlackStar]

-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.

[Yawa2020]

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.

[dunfida]

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.

[LUCKMCFLY]

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.

[Rockstarguy]

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 .

[EarnOnVictor]

-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.

[martyns]

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.

[mvdheuvel1983]

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.

[Dr.Bitcoin_Strange]

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.

[xSkylarx]

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.

[CryptSafe]

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.

[Mahanton]

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.

[Dr.Bitcoin_Strange]

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.

[worle1bm]

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.

[xSkylarx]

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.

[Digital_Lord]

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.