trading addiction.

[jossiel]

Redirection could lead to stop in trading. When addiction in trading is not worth it, it can make that person redirected to another thing and that's holding.

The concept of short-term trading is a bad idea for most traders, especially those who are new to this platform.

It's bad for the new ones but that's how it goes for them to learn.

Short term trading isn't bad at all if you're profitable. It only becomes bad when the trader himself doesn't get profit at most doing it.

[BALIK]

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.

It cannot be denied that it takes a long time to become a professional trader and make profit from it. But, yes, we cannot use that as an excuse to allow ourselves to lose more and to justify our own mistakes.

Many traders are in that situation, and in reality, they are already addicted, yet they still stubbornly deny it.
That is why I agree with some people that trading addiction is sometimes worse than gambling. Because they are unaware of and do not believe they are addicted, and it is very hard for them to get out of it.

[Floczy]

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.

Trading can only be compared with gambling, when the trader doesn't have good knowledge,at that point it's more of try your luck than being strategic, it's only then you can compare the both,

But in a normal state when the trader is being strategic and skilled to analyse the market, it is whey different from gambling and should not be compared

[ASloveapg]

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.

Trading can only be compared with gambling, when the trader doesn't have good knowledge,at that point it's more of try your luck than being strategic, it's only then you can compare the both,

But in a normal state when the trader is being strategic and skilled to analyse the market, it is whey different from gambling and should not be compared

I agree with you, trading can be considered the same as gambling only when we trade based on guesswork without any kind of skill, research. Trading is not gambling, if we trade correctly, but if we trade without knowing anything and greedily, then we will definitely face only losses here. So in the case of trading, we must be realistic, as much as we think trading is easy, it is actually very difficult and risky. So trade realistically, comparing trading with gambling is reasonable only when someone enters the market without understanding, learning and without any kind of skill, research.

[Joy- maker]

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 agree with you that people do not talk much about trading addiction, they are more focus on talking about gambling addiction or should i say they do not see trading addiction as something that can be harmful to humanity.

And let me correct you on one thing, both trading addiction and gambling addiction destroy smart and intelligent people. And frankly speaking trading addiction is not as dangerous as you think, that's why people don't talk about it the way they talk about gambling addiction.

I personally consider gambling addiction to be more dangerous than trading addiction. I said so because when you take a look at people that are addicted to gambling your will notices that the rate of people that are addicted to gambling is higher than the rate of people that are addicted to gambling, therefore i consider it most dangerous because someone can easily get addicted to it.

[Dzwaafu11]

‎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.

I quite agree with you because it is hard to differentiate between putting in more work and addiction.

But this raises the question: can someone successfully put in more work to become successful in trading and not get addicted? Because success in some fields requires some high level of obsession, and it is very easy for obsession to become addiction.

I agree with you that sometimes put in more work may result in addiction, but in trading been addicted is not really a big deal if the trader have the knowldge of what he or she is doing. Without knowledge is really a big problem if the trader get addicted just because he or she want to make money from trading. 

you can see that such trader will be in a big loss if he or she gey addicted because he will keep trading just because he or she is addicted to trading.

[Issa56]

Trading can only be compared with gambling, when the trader doesn't have good knowledge,at that point it's more of try your luck than being strategic, it's only then you can compare the both,

Lots of traders now don’t even have much knowledge about trading before jumping into it, they just see people making money, and they think trading is easy, and they can also make money easily also, but they don’t know that they are getting things wrong. If you can’t take your time to do your analysis before entering a trade, then you are gambling, and you might just be losing mostly, trading is not really about luck, you have to properly do your analysis always.

[Popkon6]

Trading can only be compared with gambling, when the trader doesn't have good knowledge,at that point it's more of try your luck than being strategic, it's only then you can compare the both,

Lots of traders now don’t even have much knowledge about trading before jumping into it, they just see people making money, and they think trading is easy, and they can also make money easily also, but they don’t know that they are getting things wrong. If you can’t take your time to do your analysis before entering a trade, then you are gambling, and you might just be losing mostly, trading is not really about luck, you have to properly do your analysis always.

Still, there are some people who enter trading only to earn money, and they take advantage of the market pumping time and when the market dumps they suffer huge losses. They blame their luck for this, but trading is not entirely based on luck, but by using experience, skill and analysis, it becomes easier to win or profit in trading. If you do not have knowledge about the market, you cannot profit in trading, to profit in trading, you must make yourself experienced and complete.

[fuguebtc]

Trading can only be compared with gambling, when the trader doesn't have good knowledge,at that point it's more of try your luck than being strategic, it's only then you can compare the both,

Lots of traders now don’t even have much knowledge about trading before jumping into it, they just see people making money, and they think trading is easy, and they can also make money easily also, but they don’t know that they are getting things wrong. If you can’t take your time to do your analysis before entering a trade, then you are gambling, and you might just be losing mostly, trading is not really about luck, you have to properly do your analysis always.

I even think most traders in the market do not have much knowledge about trading. Most of them are trend following trader who get caught up in crowd psychology, instead of taking trading seriously and treating it as a job that requires real effort.

However, I disagree with the view that simply spending time researching and analyzing the market makes you a trader, and you are trading, not gambling. You might be good at analysis, but if you can not manage your emotions, risks, and stick to your plan when facing losses, then it is still just gambling.

[Out of mind]

Many people can become addicted to trading if they fail to control themselves. There are some people who think that trading is a way to get rich quickly, due to which they constantly use their money completely and lose. When they use their entire money in trading, if they lose it, they cannot control themselves and become emotional, which gradually attracts them to trading. Basically, when they can win a few times in trading, later they pay more attention and start getting addicted. When they spend extra time on trading, it is definitely risky for themselves and their money. However, addiction is dangerous in both trading and gambling, it can destroy a person's financial position and his life. In that case, you should never use your entire money for trading and gambling, but you should first gain experience and then start, and controlling yourself is the most important thing.

[Olatundespo]

Trading can only be compared with gambling, when the trader doesn't have good knowledge,at that point it's more of try your luck than being strategic, it's only then you can compare the both,

Lots of traders now don’t even have much knowledge about trading before jumping into it, they just see people making money, and they think trading is easy, and they can also make money easily also, but they don’t know that they are getting things wrong. If you can’t take your time to do your analysis before entering a trade, then you are gambling, and you might just be losing mostly, trading is not really about luck, you have to properly do your analysis always.

Still, there are some people who enter trading only to earn money, and they take advantage of the market pumping time and when the market dumps they suffer huge losses. They blame their luck for this, but trading is not entirely based on luck, but by using experience, skill and analysis, it becomes easier to win or profit in trading. If you do not have knowledge about the market, you cannot profit in trading, to profit in trading, you must make yourself experienced and complete.

Traders have an excessive tendency to make profits, due to which they cannot control themselves during periods of falling or rising prices. New traders think that trading is a very easy matter. They think that they should buy during falling prices and sell during rising prices. Those who think that trading is a simple equation end up losing money.
Trading does not involve any luck, it is a process of earning money based entirely on speculation. The more skilled you are in market analysis, the more experience you will gain in trading. To make profits in trading, you need to have long term psychological preparation and be prepared to lose money. If you trade with the aim of making quick profits, you will not gain experience and will always be in loss.

[goldkingcoiner]

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.

It's not surprising that trading can become an addiction when the individual treats it like gambling. But perhaps it is more of a gambling addiction rather than anything else, since at that point you cannot call it trading. Trading isn't something that just anyone can do, especially if they have no experience or TA/FA knowledge...

I don't call them traders in the first place. They are gamblers who pretend to trade.

Following a compulsion is not trading, it's gambling.

[bitgolden]

Many people can become addicted to trading if they fail to control themselves. There are some people who think that trading is a way to get rich quickly, due to which they constantly use their money completely and lose. When they use their entire money in trading, if they lose it, they cannot control themselves and become emotional, which gradually attracts them to trading.

The real trouble there is the belief they have. Many people believe that if they just keep on trading, they will eventually be great and make profit. However, without learning from your mistakes and studying all the technical analysis part, all you are doing is just bad trading and you keep on trading badly.

I think it is not really that great of an idea and people should stop, first look at what made them lose, and to understand their bad trades better, they should study analysis better.

[Floczy]

Lots of traders now don’t even have much knowledge about trading before jumping into it, they just see people making money, and they think trading is easy, and they can also make money easily also,

Well normally people go into trading because of money
 I honestly don't think individuals take it a an easy way to make money, reason why I have said this is because most times I try to introduce my friends into it, because it will feel good to have trading friends (you know trading journey can be lonely sometimes that's why) but they seem to tell me the same things, that they are are afraid of loosing money and it will be stressful.
So they don't see it as a easy source of money.

But what happens is their mindset, yes they are in trading to make money, but if their mindset is all about money that is when they get it wrong, and have their trading filled with emotions which can amount to losses.

The right way to approach trading at first is to grab good knowledge about it, your focus shouldn't be about money, it should be about knowledge.
What kept me in track wast the saying of "learn till the l is silenced" .

[Y3shot]

Trading can only be compared with gambling, when the trader doesn't have good knowledge,at that point it's more of try your luck than being strategic, it's only then you can compare the both,

But in a normal state when the trader is being strategic and skilled to analyse the market, it is whey different from gambling and should not be compared

No matter how people perceive trading is doesn't change it . Trading still remains what it is , and it is possible for people to embrace it to make profit from so far as one is ready to get knowledge and understand it verll well. People who sees trading as gambling choose to see it this way based on the understanding they have. One thing about tradigng when you choose to go about it as gamnling , it even becomes more terrible than gambling because ehen you dont know trading their is nothing good you make from it

[puloweh555]

Trading can only be compared with gambling, when the trader doesn't have good knowledge,at that point it's more of try your luck than being strategic, it's only then you can compare the both,

But in a normal state when the trader is being strategic and skilled to analyse the market, it is whey different from gambling and should not be compared

No matter how people perceive trading is doesn't change it . Trading still remains what it is , and it is possible for people to embrace it to make profit from so far as one is ready to get knowledge and understand it verll well. People who sees trading as gambling choose to see it this way based on the understanding they have. One thing about tradigng when you choose to go about it as gamnling , it even becomes more terrible than gambling because ehen you dont know trading their is nothing good you make from it

Yes. Trading is still trading, regardless of popular perception. The point is, probabilities can be managed, not just relying on luck. This is what differentiates it from gambling because in gambling, which always favors the house the longer you play the greater your chances of losing.

But in proper trading we can measure success through sound analysis, strict risk management, discipline and an understanding of the market, especially cycles. It's undeniable that trading without knowledge is almost the same as gambling, if not worse.

[fredericktaylor]

Trading can only be compared with gambling, when the trader doesn't have good knowledge,at that point it's more of try your luck than being strategic, it's only then you can compare the both,

But in a normal state when the trader is being strategic and skilled to analyse the market, it is whey different from gambling and should not be compared

No matter how people perceive trading is doesn't change it . Trading still remains what it is , and it is possible for people to embrace it to make profit from so far as one is ready to get knowledge and understand it verll well. People who sees trading as gambling choose to see it this way based on the understanding they have. One thing about tradigng when you choose to go about it as gamnling , it even becomes more terrible than gambling because ehen you dont know trading their is nothing good you make from it

Yes. Trading is still trading, regardless of popular perception. The point is, probabilities can be managed, not just relying on luck. This is what differentiates it from gambling because in gambling, which always favors the house the longer you play the greater your chances of losing.

But in proper trading we can measure success through sound analysis, strict risk management, discipline and an understanding of the market, especially cycles. It's undeniable that trading without knowledge is almost the same as gambling, if not worse.

Of course, trading becomes gambling when a person enters the market aggressively without proper knowledge or understanding, just for the purpose of getting rich quickly, without proper discipline and waits for more money without exiting the market at the right time. To make money by trading, you need proper knowledge about the volatility of the market, as well as discipline and you need to enter the market patiently at the right time by giving up greed. Your knowledge strategy or skill can help you make money through trading. Even if you follow all the steps correctly, you cannot confirm to win by gambling, so there is a high chance of losing money.

[Z_MBFM]

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.

Trading sometimes behaves like gambling for some when a trader trades with a large amount of money without being able to analyze it properly. They cannot analyze it properly but think that the coins they are trading will definitely give them profit. But the problem here is that when they lose some money in that coin, their confidence is lost and they sell those coins at a loss and think that they will recover the amount of loss from that coin from another coin. This frequent trading and losing patience and selling the coins at a loss is the only reason for the loss in trading. When someone starts losing a lot, their target is to recover those losses from another coin but even there they make the same mistake and lose there too. Trading in this way becomes their addiction at some point. That is why I said in the beginning that trading behaves like gambling for some people.

[Doll2233]

Many people can become addicted to trading if they fail to control themselves. There are some people who think that trading is a way to get rich quickly, due to which they constantly use their money completely and lose. When they use their entire money in trading, if they lose it, they cannot control themselves and become emotional, which gradually attracts them to trading. Basically, when they can win a few times in trading, later they pay more attention and start getting addicted. When they spend extra time on trading, it is definitely risky for themselves and their money. However, addiction is dangerous in both trading and gambling, it can destroy a person's financial position and his life. In that case, you should never use your entire money for trading and gambling, but you should first gain experience and then start, and controlling yourself is the most important thing.

Many people are earning nothing from trading because they are losing their money every time but they made profit in a first time which gave greed to become a successful trader and make a career as a trader . Many people are earning from that platform and they are in profit because they made a small profit at the start and after they learned many lessons from that . People are also earning big but also they are losing and net profit in zero because they are losing more and they are habitual to trade every day either they are getting or losing. But I am watching many people who are in debt because they know nothing about trading but they are claiming they are expert in trading.

[tygeade]

Trading can only be compared with gambling, when the trader doesn't have good knowledge,at that point it's more of try your luck than being strategic, it's only then you can compare the both,

But in a normal state when the trader is being strategic and skilled to analyse the market, it is whey different from gambling and should not be compared

Sounds simple, but the reality is that there are a large number of traders who are actually addicted to trading, just like some are addicted to gambling. You may have observed some traders; they are trading 24/7 nonstop, even when the market indicators don't suggest opening new trades.

If you are able to take a break from trading without feeling tense about it, then you're fine. If you feel bad or stressed when you can't trade, then it's nothing but addiction. Trading addiction is particularly more dangerous because gambling addiction is usually about sports betting and once the game ends you can chill out. But trading happens 24/7 with no breaks and you keep trading without ever stopping.