trading addiction.

[Baki202]

Trading addiction is more dangerous than gambling addiction because beginners are shown the results of successful traders, but not how many deposits they blew up on the way to their success. And no one tells a beginner that only 10% of traders actually make money in the market

They are almost on the same page because they will do the damage, and when it comes to addiction, it can make you do things that you don't expect. There are people who, even after finishing using the capital, the next thing they will want to focus on is how they can sell their stuff just for them to get money to be able to see if they will be able to trade with it, and what they don't understand is that they need to to control the way they love and want to make money because the moment that feeling consumes you, then it becomes a problem for anyone to control and not just beginners makes this mistakes even people that have been trading for long.

The beginner believes they can beat the market by learning how to trade. But the books don't teach you how to actually make money in crypto or any other instrument.

even does that have been trading for years find it hard to beat the market. Always, the best anyone can do for themselves is for them to calm down and learn, and they go out of the trade the moment it does not favor them, not trying to get bank inside the market we know that it is always open but you need to hold yourself so that you don't make further mistakes so is not just about learning emotion control is also part of it.

[Jegileman]

I don’t usually see trading as something one can be addicted to, what I see from trading is that you’re either trading to become a better trader and have a means of income, or you’re trading wrongly having the mindset of a gambler, which even makes you lose money since it’s based on luck and not off knowledge or strategy.

If you’re a trader, and you’re always itching to take a trade even when it goes against your rule of trading, you need to calm down and reevaluate yourself because you’re not trading but you’re pushing to think like a gambler that’s always ready to stake with it without a good reason to risk.

Trading is more of a calculated risk and if you’re doing it right, your losses will be recovered soon without even knowing or telling anyone about it, you’ll surely recover overtime following a good strategy and keeping up with the best trading practices to make you a more profitable trader.

[Faisal2202]

‎why trading addiction is very dangerous is because you can be addicted and you won't even notice it because you may be thinking you are just putting in more work not knowing it's addiction.
‎
All traders pulse and reflect on your life you may be addicted already or about to, so you need to redirect your steps.

I can't agree more because addiction to anything is not good, and we have to understand this as soon as possible if we want to stop ourselves from getting addicted. Because later it can become much harder. But gambling addiction is usually more intense than trading addiction because in trading we still have the luxury to save some of our funds by using an SL or by closing the trade manually if we are watching the chart. But in gambling, the amount we lose or make is absolute, and we either lose it all or make it all, which is alarming for a person who cannot control their emotions easily.

If someone makes 100 dollars in a single bet while it is their first time, and they usually make that much money by working a whole day, then they are definitely going to get addicted to gambling, and if it happens in trading, then trading too. That is why people need to regularly check their mental and emotional state.

[Odogwu-Blockchain]

trading starts to become addiction when your decision shifts from structured financial decision to something driven by compulsion, emotion and the need to get back all your losses.
‎some traders has ended up destroying their relationship with their friends and family because of trading addiction.
‎we really don't talk about trading addiction we focus more on gambling addiction but from what I have observed trading addiction is more dangerous than gambling addiction because it usually destroys very smart and intelligent persons.
‎why trading addiction is very dangerous is because you can be addicted and you won't even notice it because you may be thinking you are just putting in more work not knowing it's addiction.
‎
All traders pulse and reflect on your life you may be addicted already or about to, so you need to redirect your steps.

I needed to see this topic, not just for me but for those that confuse trading as income stream and addiction. Spending more time on the screen for longer hours trading for profit especially in future trading is actually learning how to be addicted. Some people call it lifestyle or names that sugarcoat the picture but in reality, it's addiction wearing the cloth of daily trader.

Many of those doing this had said to be having mental health problems.

[Fivestar4everMVP]

trading starts to become addiction when your decision shifts from structured financial decision to something driven by compulsion, emotion and the need to get back all your losses.
‎some traders has ended up destroying their relationship with their friends and family because of trading addiction.
‎we really don't talk about trading addiction we focus more on gambling addiction but from what I have observed trading addiction is more dangerous than gambling addiction because it usually destroys very smart and intelligent persons.
‎why trading addiction is very dangerous is because you can be addicted and you won't even notice it because you may be thinking you are just putting in more work not knowing it's addiction.
‎
All traders pulse and reflect on your life you may be addicted already or about to, so you need to redirect your steps.

As much as I agree with you, we have to also emphasize on the fact that trading addiction is very rare, that is, trading addiction is not common at all and maybe this is exactly why people don't discuss much about it but focuses more on gambling addiction which you and I know is very common both in the gambling community and outside it as well.

I personally think that before any one who be said to be addicted to trading, he or she must have had serious mental issues which probably or possibly got the patient hooked to trading for people to believe that he or she is simply addicted to trading.
Trading and gambling are not the same though there are some type of trading that could be considered as gambling, but in reality, trading is trading while gambling is gambling, trading requires knowledge and skill while gambling is not, this is why it's not so easy for a person to become addicted to trading, it's very rare but I am not saying it'd impossible though.

[Shinpako09]

Trading and gambling are different, therefore, for me, trading addiction and gambling addiction are also different. But they do have some similarities, like how you can lose control and start chasing your losses. Still, trading addiction is less common and doesn’t have as high a chance of making someone addicted compared to gambling. In trading, you’re not just building your portfolio, but also your discipline. Those who develop trading addiction are probably the ones doing futures trading or trading memecoins, then ending up revenge trading after taking losses.

[rat03gopoh]

I say confused because the market is going show you unrealized profit but while you might be rejoicing that you are in profit, you will get liquidated, and if you try to revenge, you will still lose more. Any smart person would not even want to get addicted trading unless they are already good at it.

Derivatives markets typically offer leverage of up to 100x. Traders with a gambler's mentality will readily use the highest possible leverage to maximize profits winnings, especially if they start with small caps. In this situation, traders may never see the floating-loss figure because their positions typically last only a few seconds.

[Charles-Tim]

How can you validate that claim that trading addiction costs more problems than gambling addiction?

I do not think that should not be a debate because I will compare both to PMS (petrol) fire outbreak versus gas fire outbreak in which none is good, they are both dangerous.

But addiction is not something good, it means someone is not able to have control over something that may be killing him gradually if care is not taken. So far both are called addiction, no comparison, difficult to quit and dangerous.

[Rubuchi]

I needed to see this topic, not just for me but for those that confuse trading as income stream and addiction. Spending more time on the screen for longer hours trading for profit especially in future trading is actually learning how to be addicted. Some people call it lifestyle or names that sugarcoat the picture but in reality, it's addiction wearing the cloth of daily trader.

Many of those doing this had said to be having mental health problems.

is it truly addiction, is staying up in the system trying to make more money addiction? I though people engage in trading for the sake of it’s profit and nothing more and trading especially for longer hours could also mean working hard and harder to make more money and not addiction . Are we now all saying that trading and gambling are the same? Gambling is meant for fun but a fun with reward which comes like a side attraction to the gambling or reward for gambling and not because gambling in itself originality is meant for making money. But when we are talking about trading, we are purely talking about making money and no any other meaning can be given to it, so if I am trading and my only target is to make profits out of it and I remain dedicated in looking for ways and means to make that money, everyday I do not see any thing addictive about it and if constant looking for money is also regarded as addiction then I will say I will be so glad if im addicted to it.

[uchegod-21]

Trading addiction is real. Some traders are going through a lot, and if you are not close to them, you wouldn’t know.

Trading addiction is seen when a trader’s entire existence is tied to trading. He is constantly checking charts, overtrading, engaging in revenge trading after a loss, and risking too much money; more than he can afford to lose.

Once you see a trader who has no time for himself or family, neglecting basic care just to focus on trading, that is not a good sign. He is suffering, even if he is making profits.

Trading can be exhausting and time-consuming, but anything taken too far or to the extreme, to the point that it results in obvious negative changes, is not good.

[justdimin]

There may indeed be people addicted to trading, but there aren’t nearly as many as those addicted to gambling.   So it can be said that people who are truly addicted to trading are very rare; those who are addicted are likely those who have suffered losses and cannot accept them, so they seek revenge for those losses and hope to turn the situation around. If this is done with a well-thought-out strategy and analysis, that’s fine. However, if it’s done without careful calculation or even without proper analysis simply because they’re too caught up in their emotions then it can indeed lead someone to a point that could be called an addiction if they can’t stop doing it.

By the way, if someone develops a habit and an urge to constantly check the market even when they aren’t trading, is that also a form of addiction?

The difference is that gambling means you are going to end up with a loss for sure, but the trading could make you profit. In gambling house always wins because it is on the side of house edge, which means there is no way that you can keep gambling and keep making profit. Short term profits could happen in gambling, and you could even win a jackpot and be lucky, but in normal math sense, longer you gamble, the more you lose.

In trading, winning or losing depends on you, if you are a good trader, there is nothing like house edge that works against you, it is fair, it's you versus another person basically, well it's bunch of people with you, against bunch of people on the other side, but you understand what I mean. So it's fair, and there is no automatic loss, it all depends on your trading skills.

[Junii]

What u said is 100% right . Back in 2022 to 2023 when i start gambling in the suit of trading i face all those issue that u are talking about. It is just not about me i met with many peoples who did those mistakes in the beginning . The sad part is that a gambler knows he is gambling but a beginner trader can hide the same behavior behind charts or analysis even with market research. My point is that majority of peoples in the start doesnt treat trading as a financial activity but an emotional activity. Peoples start forcing trades due to FOMO checking chartts consistently even ignoring family. There main purpose is to double the capital or recover the loses. But the reality is that a disciplined and profitable trader can walk away from the screen when he didnt see an oppurtunity for a trade but the addicted trader feeling anxious when not trading . Overall market rewards those who has emotional control and proper risk management not acts like an addicted one.

[Pandorak]

I believe that trading addiction is a real thing, and its effects are truly extraordinary, they can even surpass those of a gambling addiction because you can suffer losses in a very short time, sometimes within just a few minutes, and there’s no entertainment involved, unlike what you might find in gambling.

But it all depends on how you approach trading. Perhaps you’re opening positions based solely on gut feeling, buying when you see a green candle and selling when you see a red one. This is why you keep losing money, you lack a clear rationale for the positions you take.

In trading, there’s something called technical analysis, you can learn it to read market trends. Of course, after mastering that, you’ll have a clear trading plan, the rest just requires consistency and patience in following the trading rules you’ve established. While it’s not easy, that doesn’t mean it’s impossible, i have many friends who consistently make profits from trading, though there are certainly those who fail.

[RockBell]

is it truly addiction, is staying up in the system trying to make more money addiction? I though people engage in trading for the sake of it’s profit and nothing more and trading especially for longer hours could also mean working hard and harder to make more money and not addiction . Are we now all saying that trading and gambling are the same? Gambling is meant for fun but a fun with reward which comes like a side attraction to the gambling or reward for gambling and not because gambling in itself originality is meant for making money. But when we are talking about trading, we are purely talking about making money and no any other meaning can be given to it, so if I am trading and my only target is to make profits out of it and I remain dedicated in looking for ways and means to make that money, everyday I do not see any thing addictive about it and if constant looking for money is also regarded as addiction then I will say I will be so glad if im addicted to it.

Just that it is okay when you don't over do things because when you want to over do it then there is going to be a big problem because even when you are suppose to relax you will be busy trading at the expense of it not favouring you so there should be a limit that is what i think the message is about because people that are addicted don't even consider the result they are getting and it is very important for anyone to put that into serious consideration because that is the only way that things might be different so at the other hand gambling is worst compared to trading to me.

People trade because they want money but the same time they just have to know when to give it rest because if you are trading and you are not getting the result, expected then you should give it rest because you will only be burning more money in this situation, the fact you don't want to agree to anything, is just very hilarious. But you should try and understand the point that everyone is trying to point out about addiction.

[Maslate]

What do you think of gamblers, not smart and intelligent? If I were to be honest, those who are into trading are also engaging in gambling, because those trading knowledge and skills can also be relevant when applied in gambling, except for the luck thing which is hard to achieve when gambling.

However, trading addiction may be real, but there are hidden advantages on it. You don't just trade and leave trading when its not profitable for you, but if you are addicted in trading, you will try to solve every puzzle and find the best solution to the problem. So at the end of the day, you turn out to be more knowledgeable, skillful and strategic trader, except for those who are into compulsive trading who end up trading blindly.

While the addiction with gambling its chasing the luck and chasing losses that mostly trigger it, but with trading, its the idea on how to make your trading positions profitable and trade within the perfect market timing to avoid constant losses when trading.

[free-bit.co.in]

I have posted about it some years ago, but some of you against it, that there is no trading addiction. But there was an old topic of mine that I always talked about which is about a rehab center saying some people are traders, that they are seeking for rehabilitation. It is good that other people are talking about it now. Trading addiction really exists.

Everything has the potential to be addictive. It is not just drug or alcohol that can be addictive, social media, game, and trading can also be addictive. I even believe that things related to money, like gambling and trading, are more addictive than alcohol and cigarettes.

And once addicted, nothing good comes of it. Addiction has only one outcome: loss. We will lose money, time, loved ones, health...if we become addicted.

[Awaklara]

All traders pulse and reflect on your life you may be addicted already or about to, so you need to redirect your steps.

Every action requires self-reflection to correct every wrong step or to appreciate an achievement. Trading can indeed be addictive; I have seen it myself, friends or other people on social media losing large amounts to the point that their finances are ruined due to uncontrolled trading. Like gambling, everything can be fine, or it can be destructive. Addiction to trading might be even worse because, in the beginning, the trader's focus is indeed on making a profit.

[cyberninja2]

...

Everything has the potential to be addictive. It is not just drug or alcohol that can be addictive, social media, game, and trading can also be addictive. I even believe that things related to money, like gambling and trading, are more addictive than alcohol and cigarettes.

And once addicted, nothing good comes of it. Addiction has only one outcome: loss. We will lose money, time, loved ones, health...if we become addicted.

Someone who experiences addiction will certainly find it very difficult to return to their pre-addiction lifestyle. This addiction isn't limited to negative things like drugs or alcohol. As you said sometimes someone can also become addicted to social media gaming, and so on. We can call it an addiction because it's like a person's nature that can't be changed by others, but rather by ourselves.

Another example is someone who is addicted to cigarettes that they cannot do if they are not addicted especially when they experience things that make their health decline but cigarettes must still be there so what we need to pay attention to is that this addiction is a form of liking that someone has which is made a top priority by those who do it against addiction so maybe it is normal if someone has an addiction that has become a common thing to do and cannot if the thing that makes the priority does not exist even though the addiction ultimately never feels happiness on the contrary what will happen to us is that we only feel loss.

[Jaweria parveen]

Everything has the potential to be addictive. It is not just drug or alcohol that can be addictive, social media, game, and trading can also be addictive. I even believe that things related to money, like gambling and trading, are more addictive than alcohol and cigarettes.

The thing you like or the thing that you use the most also becomes an addiction, just like we cannot work hard at work without breakfast in the morning and remain lazy. Therefore, what we do in business or online becomes an addiction due to interest in it. Those who know Bitcoin and its benefits invest more because of taking advantage of it and think about it all the time. If you are always engrossed in it, then it is an addiction. If you do something else besides work, then it is not an addiction. Rather, addiction is that in which your mind is not involved in anything else, so those who understand Bitcoin all the time and live in it, they live in addiction.

[liasbaa]

Trading and gambling are different, therefore, for me, trading addiction and gambling addiction are also different. But they do have some similarities, like how you can lose control and start chasing your losses. Still, trading addiction is less common and doesn’t have as high a chance of making someone addicted compared to gambling. In trading, you’re not just building your portfolio, but also your discipline. Those who develop trading addiction are probably the ones doing futures trading or trading memecoins, then ending up revenge trading after taking losses.

Trading and gambling are different but both are equally important in terms of risk. I think there is a risk of addiction in trading if you use leverage for high profits. If you lose money due to incompetence or greed in trading, there is a mental excitement of recovering the money, just like there is during excessive losses in gambling. If you can build your portfolio with discipline and do not rush to get profits, it will be possible to avoid risks. People addicted to trading have high expectations of short term profits and tend to trade with the necessary funds. Trading, like gambling, has financial risks and excitement causes financial losses. Risk can be dealt with through discipline and patience and use an amount of funds that you are ready to lose.