Being drunk while trading what was your experience

[Adbitco]

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.

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[Bitcoin_Arena]

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? 

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

[Adbitco]

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? 

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.

[Cryptomiles1]

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.

[blockman]

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)

[hd49728]

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.

[xSkylarx]

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)

[crwth]

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.

[Adbitco]

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?

[mk4]

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.

[LogitechMouse]

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.

[TheUltraElite]

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.

[Inwestour]

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.

[Jody.Drummer]

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.

[Bananington]

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.

[bittraffic]

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.

[GeorgeJohn]

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.
 

[RockBell]

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.

[lixer]

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.

[yhiaali3]

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.