trading addiction.

[Rockson1]

I think the main thing that's too be avoided when it comes to trading is making poor decisions and not necessarily addiction because in trading I don't think there is such thing as addiction. For people that trade wrecklessly that's not really an addiction, it's indiscipline. The reason why I keep saying that there is no such thing as addiction when it comes to trading is because you need to be consistent if you plan to be a trader and this is what a lot of people mistake for addiction, if you have to trade often or regularly to be more experienced it's not an addiction.

As you stated poor decision like taking actions when it is not necessary should not be encouraged, a trader as I heard is supposed to kwmm when to take action and when not to and I think that's the reason why trading is skilled thing but what I don't agree with you so that trading is not addictive and even if I have to agree to that, you've to convince me, if someone trades and continuesly loose maybe to the extent that such person does anything to make sure he funds his trading account to trade, what can call that, just get me cleared on this,.may be I will agree to to what you said.

[Swordsoffreedom]

I think the main thing that's too be avoided when it comes to trading is making poor decisions and not necessarily addiction because in trading I don't think there is such thing as addiction.

I think that you are wrong buddy, their is an addiction in trading, and it starts with obsession. Where you will know that you are getting addicted is when you are constantly losing money in it, but you just can't stop because you feels like you can't go a single day without trading, at that point, that person is getting or already addicted because he can't do without it, even though it's causing financial damages in his life.

Knowing when to stop and draw the line is what any reasonable trader should do, because going further when it's clear that you are not making any progress will only mess up your mental health, and possibly addiction.

Yes, trading addiction is real, and it is no different from gambling addiction. But I do not think people who are addicted will recognize it or admit it. Because if they really knew what they were doing and could control their behavior, they probably would not have ended up there in the first place

Addicts often believe they are still in control of the situation and that what they are doing is their own effort. That is why they tend to ignore or even resist advice and warning from others.

Following discipline and sticking to a plan is a way to reduce the risk of becoming addicted to trading.

[SamReomo]

Yes, trading addiction is real, and it is no different from gambling addiction. But I do not think people who are addicted will recognize it or admit it. Because if they really knew what they were doing and could control their behavior, they probably would not have ended up there in the first place

Well, anything that's done in excess can cause addiction but I don't think that anyone does trading in excess and that's why I don't think that someone could get addicted to it just like gambling addiction. However, it's true the ones who lose again and again and put all their savings into trading in hope to recover losses and make profit from it might be somehow addicted, but still there aren't people who're addicted like gambling addicts.

[YOSHIE]

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.

Trading addiction is fine, but we must be able to control ourselves emotionally, if we are driven by negative actions and traits, immediately stop trading activities. forget about the loss, don't try to chase losses on the same day, chasing losses actually results in losses, try to calm yourself and look for other activities in the real world to calm yourself.

Remember, money is like looking at the ocean, the more we chase it, the emptier it becomes. For trading, it is really a test of consciousness, if we can overcome all forms of negativity within ourselves, I am sure that we can become a professional crypto trader.

[Yeesha]

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.

Trading addiction is fine, but we must be able to control ourselves emotionally, if we are driven by negative actions and traits, immediately stop trading activities. forget about the loss, don't try to chase losses on the same day, chasing losses actually results in losses, try to calm yourself and look for other activities in the real world to calm yourself.

Remember, money is like looking at the ocean, the more we chase it, the emptier it becomes. For trading, it is really a test of consciousness, if we can overcome all forms of negativity within ourselves, I am sure that we can become a professional crypto trader.

Being addicted to anything is not fine or safe, not even to trading, if you are partially or completely addicted to something you will find it hard to control yourself over it. Because it will take charge of your emotions, control and your ability to think clearly. Professionalism is not all about what you've achieved as a means of trading, but it is all about the steps you take to achieve them, your consistency, your effort, your time and dedication, the suitable strategies and your resources, if a trader chooses to follow is own way, things could easily fall apart. Your level of tolerance and confidence is very essential because it has impact on the choices you make. Your level of confidence shouldn't exceed the your expectations.

[liasbaa]

Yes, trading addiction is real, and it is no different from gambling addiction. But I do not think people who are addicted will recognize it or admit it. Because if they really knew what they were doing and could control their behavior, they probably would not have ended up there in the first place

Well, anything that's done in excess can cause addiction but I don't think that anyone does trading in excess and that's why I don't think that someone could get addicted to it just like gambling addiction. However, it's true the ones who lose again and again and put all their savings into trading in hope to recover losses and make profit from it might be somehow addicted, but still there aren't people who're addicted like gambling addicts.

A kind of addiction can develop among people who trade, just like it happens among gamblers. Just as gamblers lose most of their bets, a trader also loses. Traders lose most of their bets due to lack of proper planning and fund management. If you consider the risk, there is not much difference between trading and gambling. Even if a skilled trader manages his funds properly, there is a risk of losing money, but it may be partial, but a gambler, even if he is skilled, loses most of his bets.

[Webetcoins]

Trading wouldn't be an "addiction" if you are just doing it like a business and profit from it. But, many people end up with bad results and they do not really call that something that would benefit them and because of this they end up calling it an addiction.

Someone who trades everyday and make a profit, calls it a job, a business, when they make a profit out of it, and yet someone who does the same thing and just ends up losing money calls it an addiction. Same thing, different results, different names.

[ZAINmalik75]

Being addicted to anything is not fine or safe, not even to trading, if you are partially or completely addicted to something you will find it hard to control yourself over it. Because it will take charge of your emotions, control and your ability to think clearly. Professionalism is not all about what you've achieved as a means of trading, but it is all about the steps you take to achieve them, your consistency, your effort, your time and dedication, the suitable strategies and your resources, if a trader chooses to follow is own way, things could easily fall apart. Your level of tolerance and confidence is very essential because it has impact on the choices you make. Your level of confidence shouldn't exceed the your expectations.

Following your own way or doing things your own way has nothing wrong in it as long as your way of doing things falls in line with the movements of the market, because that's the most important thing in trading. When a trader's actions match and move with coordination with the market, that trader won't incur losses, or a lot of losses, because losses are inevitable, so we can't completely avoid them, but if we put in all our efforts and do things in the right way, we can surely reduce the potential losses we can experience and become better traders.

About trading addiction, I would say that a person can only get addicted to crypto trading if they make trades without any knowledge and manage to make good profits in the initial few trades they make, which will make them think that it's easy to make money as a trader, so they start doing it more often to make more money, and when they start losing, they will do revenge trading, and we know how dangerous that can be, just like how people chase their losses in gambling.

[leonair]

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.

If someone takes big trades without knowing or understanding about trading well and if that trading becomes a kind of addiction for him, then it can act as a silent killer for him. Because in trading, unlike gambling, no one loses all his money at once, here some losses occur and thus a trader does not understand how big a loss he faces. When someone does trading by analyzing well, he has a kind of thought that what he is doing, how much profit he is making and how much loss he is making. But those who cannot do technical analysis basically but think that the market will go in the direction of what he is thinking and predicting and if he takes a big trade, then he will be able to make good profit in that case. This kind of attitude makes a trader addicted to trading and if he falls into this addiction, trading becomes a silent killer for him and he gradually loses a lot but he cannot release it.

[Zigabel]

With trading I am seeing this as a completely different line of taught because what you may be referring to as addiction in trading may actually not seem like it, trading embodies more of professionalism and placing addiction by it isn't even at all, I am not saying one cannot get addicted but here with trading I am very careful not to see it as addiction but rather doing things wrongly because with trading there are some parameters you put to consideration and you can build a reliable edge for yourself and make something really good out of trading but with gambling that is almost never the case because you always have to bring in the elements of luck.

If you are doing things rightly with trading, you are most likely going to win in a patterned way. Now here's a typical case, treat trading like a skill, a job if possible or something you can see as a source of income, maybe a business and your approach towards it will completely change for the good. Don't trade because you want to cover an immediate bill with the proceeds you are looking to make form the trading, that way you don't allow emotions get in the way and make you react in ways that portrays addiction.

For me, once you possess addictive habits while trading, I will consider it that you were most likely gambling than trading.

[Mame89]

Yes. Trading addiction is sometimes unconscious, but it often leads to addictive behavior similar to gambling. Many people initially think it's just trading, but over time, it becomes difficult to control and we even unconsciously start chasing losses without evaluating. So, trading addiction is a very real fact that we need to understand and its similarities to gambling addiction are not insignificant.

Especially if you trade memecoins the potential for addiction is similar to gambling because the mindset is similar, hoping for an unexpected jackpot. Furthermore, rapid pumps in memecoins provide a strong high, very similar to jackpots in gambling and chasing losses is a classic pattern that occurs in both. The crypto market never closes which is similar to gambling, so you can trade anytime even in the middle of the night which can lead to excessive trading despite consistently experiencing losses. While you might feel clever at analyzing or reading charts, most memecoins are driven by hype and FOMO not fundamentals which ultimately leads you to gamble without realizing it.

[Adams0001]

Given that trading also carries the risk of loss, it can turn out badly if it becomes an addiction. It’s not necessarily about being addicted, but someone suffering from FOMO will typically keep trading without considering the results they’re getting, and in my opinion, there’s a difference between addiction and those who are mostly able to make money from trading. Those who are addicted tend to trade recklessly without careful consideration or planning, whereas those who can analyze the market work to increase their chances of profit.

Trading is not something that is easy and make people become addicted to it like the way gambling is. So even they will get people that are addicted to trading will be few and they have understand it much better and getting a lot of profit and does people can’t leave trading because they have find something that pay them better then anything they are doing.

 Trading is always risk and if you can’t take risk you shouldn’t not even start it because you will always end up in lose if he didn’t workout for you so you need to take risk and have patience in trading. And you will get profit when is your time because not because you can analyze well you will be getting profit always he can’t be so. Trading is unpredictable and you can’t get what you need always.

[ASloveapg]

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.

Trading addiction is fine, but we must be able to control ourselves emotionally, if we are driven by negative actions and traits, immediately stop trading activities. forget about the loss, don't try to chase losses on the same day, chasing losses actually results in losses, try to calm yourself and look for other activities in the real world to calm yourself.

Remember, money is like looking at the ocean, the more we chase it, the emptier it becomes. For trading, it is really a test of consciousness, if we can overcome all forms of negativity within ourselves, I am sure that we can become a professional crypto trader.

The mentality of withdrawing money when you lose can cause even bigger losses later. Usually, when someone loses, you should check your own capabilities and mentality before making a decision. Otherwise, if someone makes a decision in anger or frustration, they are more driven by emotions than analysis. This creates the possibility of big losses. It is reasonable to take a break from trading when frustration reaches an excessive level.

However, when someone has unrealistic expectations and focuses heavily on profits, it is not normal. Therefore, self-control is important. Self-control prevents a trader from being overconfident in winning and from making wrong decisions when they lose. In order to survive in the long term in trading, you need to adopt strategies according to your plan and make decisions based on logic instead of emotions.

[GeorgeJohn]

Yes, trading addiction is real, and it is no different from gambling addiction. But I do not think people who are addicted will recognize it or admit it. Because if they really knew what they were doing and could control their behavior, they probably would not have ended up there in the first place

Well, anything that's done in excess can cause addiction but I don't think that anyone does trading in excess and that's why I don't think that someone could get addicted to it just like gambling addiction. However, it's true the ones who lose again and again and put all their savings into trading in hope to recover losses and make profit from it might be somehow addicted, but still there aren't people who're addicted like gambling addicts.

They're some traders who is addicted, especially if they keep on losing in trading or if what they benefit in trading is higher than what they have lost, that can trigger them to be addicted trader...Sometimes what contribute mostly for traders to began to trade consistently, is when it lose beyond his expectations..that will put the traders into trouble that will lead the trader to began to trade in order to cover what he has lost...sos some traders is addicted like gamblers especially when they use a borrowed money to trade.

[Bushdark]

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.

Trading addiction is fine, but we must be able to control ourselves emotionally, if we are driven by negative actions and traits, immediately stop trading activities. forget about the loss, don't try to chase losses on the same day, chasing losses actually results in losses, try to calm yourself and look for other activities in the real world to calm yourself.

Remember, money is like looking at the ocean, the more we chase it, the emptier it becomes. For trading, it is really a test of consciousness, if we can overcome all forms of negativity within ourselves, I am sure that we can become a professional crypto trader.

Being addicted to anything is not fine or safe, not even to trading, if you are partially or completely addicted to something you will find it hard to control yourself over it. Because it will take charge of your emotions, control and your ability to think clearly. Professionalism is not all about what you've achieved as a means of trading, but it is all about the steps you take to achieve them, your consistency, your effort, your time and dedication, the suitable strategies and your resources, if a trader chooses to follow is own way, things could easily fall apart. Your level of tolerance and confidence is very essential because it has impact on the choices you make. Your level of confidence shouldn't exceed the your expectations.

Like the way we see gamblers getting addicted to gambling the same thing happens to traders that are optimistic about their trading journey that one day, they are going to be profitable and make a lot of money from trading.

For someone that is having a losing streaks as a trader, they need to work on themselves and look for ways to improve the way they trade because the market does not care about you, whether you are making profits as a trader or you are losing money frequently.
Anyone that chooses to trade must understand that not everyone can be a trader and being too emotional can be seen as one of the problem that is affecting so many traders not being able to stay profitable.

[Byebyebtc]

‎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.

This is wrong.
Gambling addition causes more harm than trading addiction,
In trading addiction even with the risk of loosing money you still try to get more knowledge to get better, and it later gives one some levels of discipline at some point,but I can not say the same for gambling, as you loose money you have nothing to learn from the loss, you just want to make money.

[Swordsoffreedom]

Yes, trading addiction is real, and it is no different from gambling addiction. But I do not think people who are addicted will recognize it or admit it. Because if they really knew what they were doing and could control their behavior, they probably would not have ended up there in the first place

Well, anything that's done in excess can cause addiction but I don't think that anyone does trading in excess and that's why I don't think that someone could get addicted to it just like gambling addiction. However, it's true the ones who lose again and again and put all their savings into trading in hope to recover losses and make profit from it might be somehow addicted, but still there aren't people who're addicted like gambling addicts.

We often do not believe someone can be more addicted to trading than gambling because we often only look at the surface of the issue. Gambling is generally seen as a game of chance while trading is associated with investing and making money. And those who are labeled as investor and hardworking earners are usually viewed in a positive light. But in reality, as you said, everything can be addictive, and you know what?

Once addicted, the consequences are usually the same because they fall into a state of losing control and can no longer distinguish right from wrong.

[laijsica]

The concept of short-term trading is a bad idea for most traders, especially those who are new to this platform. Every time I have allocated funds for trading, I have not seen the desired results. I have lost every time but I have developed the habit of investing for the long term and now I am in a better mental state.

You said that trading is addictive but I do not think so. There is a risk equivalent to gambling in trading but you will not lose your capital completely. You may lose some amount by panic selling but the chances of losing the entire fund are low. The amount you bet while gambling is likely to be lost in full amount but trading strategy is risky to lost partial amount. But trying to recover money in trading would be foolish even if one pretends to be addicted because there is no sure indicator in the market to predict the price.

[Emitdama]

There is nothing wrong with having an addiction to trading if we often get a profit from it, even if it is only a small amount for each profit. But if we are always liquidated,
I think it is not good either.

It should be that we have an addiction but we get a profit that is at least right. It does not need to be a big profit, instead we can at least get some earnings. But in general,
maybe the balance should still be there.

May be a big amount of earning may not be too worse but at the end of the day, it was still an addiction and I haven't ever head that an addiction is for once good. It is because when we are an addict, we are now over doing or sacrificing things over the other/one. And then for sure a lot of those things are important too. This isn't only about the money you know, is the one that matters in this world. But if it is possible for you to use some of your earnings for someone else to do some things for you, then that is a hack, although by here, you may not be addicted anymore.

[Altryist]

May be a big amount of earning may not be too worse but at the end of the day, it was still an addiction and I haven't ever head that an addiction is for once good. It is because when we are an addict, we are now over doing or sacrificing things over the other/one. And then for sure a lot of those things are important too. This isn't only about the money you know, is the one that matters in this world. But if it is possible for you to use some of your earnings for someone else to do some things for you, then that is a hack, although by here, you may not be addicted anymore.

I think the worst situation is when you realize that you can't make money from trading, but at the same time you are unwilling to walk away from it and continue wasting your time. As we know, time is the most valuable resource we have, and it should be valued even more than money. Many traders use learning as an excuse, saying that they are still improving and will eventually become profitable. But I believe the reality is that if you have not managed to become profitable after one or two years of trading, then spending even more time on it is likely to be pointless as well.