When Trading Becomes Addiction: Should I Intervene or Let Go?”

[Awaklara]

This serves as evidence that trading behavior can also deviate and lead to addiction. We may be interested in trading, but we must set limits for ourselves in trading. The first mistake here is the lack of control over financial management. So your uncle does not know the actual amount of capital he can manage in trading. 
Telling him to stop is certainly good, but we know it won't be easy for those who are addicted to quit. They feel great and are in control of trading, so they do not hesitate to trade everything they have.

[Big Dirams]

This serves as evidence that trading behavior can also deviate and lead to addiction. We may be interested in trading, but we must set limits for ourselves in trading. The first mistake here is the lack of control over financial management. So your uncle does not know the actual amount of capital he can manage in trading. 
Telling him to stop is certainly good, but we know it won't be easy for those who are addicted to quit. They feel great and are in control of trading, so they do not hesitate to trade everything they have.

When trader becomes addicted and start losing control over his emotions and feelings and allow the market trends or movement play with him or tempt him then such trader can easily regrets his decisions and face alot of regrets and loss. As a trader one need to make sure that he has good habits of making limitations and boundaries prohibit for himself so he will have better control of his decisions in the trading market.
 The best and suitable thing a trader can do for himself is having good and strong control of our emotions and feelings and at the same time one should apply good management to his capital and take advantage of the market when necessary.

[Kasabus]

You are right when you don't leave his side. But honestly, this kind of problem will not be solved just by staying on his side and advising him on what to do or what not to do.

My point here, you should convince him to see an addiction counselor or addiction psychiatrist since his way of thinking has already been affected. If you leave that untreated, his condition will get worst especially that his access to trading is still there. Unless if he has no money and no property to sell or anything that could bring money, he will definitely stop to trade, but he will probably turn crazy that time thinking on some means how to trade.

[YOSHIE]

When Trading Becomes Addiction: Should I Intervene or Let Go?

To advise those who are addicted to crypto trading, there are several things you need to do in general, the main thing you do is communication and a gentle approach is important, don't judge immediately, you're afraid he won't accept your advice.

When dealing with someone who is addicted to crypto trading, you should not immediately tell them to stop, you need to understand and listen to their perspective and advice and direct them to credible and educative sources of course in a more high risk direction and more importantly explain the risks of trading objectively, that there is no guarantee of fixed profits in trading.
One more thing, don't forget to take a religious/spiritual approach if necessary and consult with a psychologist or therapist if that's what you do, I'm sure you don't need to tell them to get out and stop trading they will get out on their own.

[Zigabel]

My questions are:
→ Am I wrong to tell him to get out of the trading life in this situation?
→Am I asking for something unreasonable, or is this actually a serious red flag?
Honest and realistic opinions would really help.

Honestly, i see absolutely  nothing wrong with asking him to leave trading at the moment, if he continues with this supposed trading, he may end up loosing even all that he's got now, he can temporarily quit for now, get some help via therapy and then if he really wants to go back into trading again, he will need to make sure that this time, he is getting a course, study as much as possible and equip himself with the needed knowledge to trade better, he will have to employ the rule of studying more and trading less. if he trades more and studies less, he may have to keep learning from his mistakes which is considered the hard way.

You are not wrong to ask him to stop trading now, this is why i always debunk the idea and perspective that everyone can trade, the truth remains that actually not everyone can. some persons are not built to even train themselves to attain the kind pf discipline that is required to trade. so if they are going into trading, it will not be long and they will get burnt out.

[dunfida]

My questions are:
→ Am I wrong to tell him to get out of the trading life in this situation?
→Am I asking for something unreasonable, or is this actually a serious red flag?
Honest and realistic opinions would really help.

Honestly, i see absolutely  nothing wrong with asking him to leave trading at the moment, if he continues with this supposed trading, he may end up loosing even all that he's got now, he can temporarily quit for now, get some help via therapy and then if he really wants to go back into trading again, he will need to make sure that this time, he is getting a course, study as much as possible and equip himself with the needed knowledge to trade better, he will have to employ the rule of studying more and trading less. if he trades more and studies less, he may have to keep learning from his mistakes which is considered the hard way.

You are not wrong to ask him to stop trading now, this is why i always debunk the idea and perspective that everyone can trade, the truth remains that actually not everyone can. some persons are not built to even train themselves to attain the kind pf discipline that is required to trade. so if they are going into trading, it will not be long and they will get burnt out.

There are indeed times that you can be addicted to trading on which this is actually true specially when you are making up some profitable trades but the wrong thing on here is that there are those individuals who do end up on becoming gamblers rather than on becoming traders on which just because of their emotions on which it causes up for them to have those issues along the way specially when they are trying out to chase up on what they have lost earlier on which this will definitely be that making that huge impact in regarding into your trading. If you arent that good when it comes to self control and moderation then becoming a trader would be that so hard. Its always important that you do know your limit and if you do find out that no matter how you do trade and made out some analysis but still losing then its normal to have some break and go back into your losing trades and make some analysis into it rather than on rushing up yourself on trying out to recover on what you have lost. Majority will be having this kind of phase on trading but to those who do able to recover are the ones who would be able to become good traders later on.

[Finebone]

My questions are:
→ Am I wrong to tell him to get out of the trading life in this situation?

No, you are doing the right thing.
You made mentioned of him being a drug addict, so if that it's true, he should be taken to a rehabilitation center because his stubbornness is not done from the place of sanity, because if he is truly sane, he would have reflect back and noticed all the pains and losses trading have brought upon his life. Because for the months I have been into trading, I have come to understand that if you take trading as your only source of income, you are heading toward financial destruction, since you will likely trade in a desperate manner if you are serious need of cash.
So due to the point it has gotten to, playing cool over it is no longer good, because it might gets even worse, that's why i will take him to a rehabilitation center by force, in  other to free him from drug addiction first, after that he might think reasonably towards trading.

[Mpamaegbu]

My questions are:
→ Am I wrong to tell him to get out of the trading life in this situation?
→Am I asking for something unreasonable, or is this actually a serious red flag?
Honest and realistic opinions would really help.

Let me respond to you based on your outlined questions. Otherwise, I would've picked out other issues in the post.

– Yes, you're wrong for telling him to quit what you know gives him hope and joy. Rather, what you should do is point him to getting the required skill set for trading or getting a mentor for him. Trading is real and profitable. It's just bad that a lot of people see it as a get rich quick thing. It's not. Yes, one can become rich through trading but it's not a shortcut.

– You aren't unreasonable. You're concerned about him. It's a reasonable thing to do when one genuinely cares about someone. You want to keep him off hurting himself but it doesn't seem right with him. I understand your uncle's part. I've been there too. So, I can empathize with him. Both of you are reasonable in your own ways. However, what you should do here is to see reason with him and push him (I guess you're older than him) to my first point above.

[Roseline492]

My questions are:
→ Am I wrong to tell him to get out of the trading life in this situation?
→Am I asking for something unreasonable, or is this actually a serious red flag?
Honest and realistic opinions would really help.

Nobody would see were there sibling is going on the wrong foot and they blame the person that call them back, so your response to him is good because if you leave him it might even come were he would be stealing from you since you have mentioned him to have incidents of steeling you were sure it was him, all the things he has done because of trading is a red flag of addiction, but have you make sure he has actually left his past life of drugs?, because if he still hides or go behind you to take it, it might also be the reason of his obsession in trading because his brain will be blink for reality.