trading addiction.

[Jatiluhung]

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.

Ultimately, it’s not about how long we’ve been trading, but how much we can learn from our experiences. Every time we suffer a loss, we must reexamine the cause so we don’t repeat it in our next trade.
However, for those who are unwilling to reanalyze the reasons behind their losses, no matter how long they trade, they will continue to fail and suffer the same losses. This is because experience must be put to use by learning from it. Without re-examining it, that experience will be wasted.

Studying various types of analysis is indeed very important, whether technical, fundamental, or sentiment analysis. They are all equally important. In addition, emotional management, money management, and risk management are three things that must be thoroughly studied and applied with discipline. Only then can a trader be expected to achieve a better profit-to-loss ratio.

[Obulis]

There are more addicted traders than addicted bettors and this is because of simplicity and complexity of each but they both share many things in common which makes both to be gambling of different kind. As much as betting addiction is consign, it has caused similar financial breakdown like trading has caused, it just depends on the bettor. Some addicted bettors has sold even inheritance, personal properties and other people belongings they could have access to just to place a bet. To make it short and general, many has lost a lot of fortune as addicted bettor.

[pusaka]

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.

Ultimately, it’s not about how long we’ve been trading, but how much we can learn from our experiences. Every time we suffer a loss, we must reexamine the cause so we don’t repeat it in our next trade.
However, for those who are unwilling to reanalyze the reasons behind their losses, no matter how long they trade, they will continue to fail and suffer the same losses. This is because experience must be put to use by learning from it. Without re-examining it, that experience will be wasted.

Studying various types of analysis is indeed very important, whether technical, fundamental, or sentiment analysis. They are all equally important. In addition, emotional management, money management, and risk management are three things that must be thoroughly studied and applied with discipline. Only then can a trader be expected to achieve a better profit-to-loss ratio.

That's what should happen when we experience a loss. We have to learn and evaluate everything, why did we get a loss? what was wrong with our strategy? and so on. Sometimes it is a tedious thing and I believe most people who trade will skip this process (evaluation). The reason is that they are only chasing profits and gains, while to be able to take them in that direction they do not run it. The question is whether they will succeed if they are still like that? My answer is no. There are many things we must do when we want to be successful.

There are many things we have to do when we want to trade, from before we trade, when we trade and after we trade. Before we trade, we have to analyze the market and it is not an easy process because it requires knowledge and experience. During our trading, we have to stay sane, we have to suppress greed and fear and at the end we will talk about mentality. After trading, our response to the results of the trade, whether it is a profit or a loss, is one of evaluation.

[henmark]

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...

Yep. Actually gambling sites have realized how many addicted traders exist in the market. That's why we see so many gambling sites offering trading options because they want to grab every opportunity to earn from these addicts. This is a business model and this is how it must work, we cannot blame them for attracting people in a way or another, we the end users must need to be careful and secure our money instead of risking in the name of gambling or trading.

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

They're not even pretending, but they are living in an illusion that they are traders. Funny thing is that some of these people make fun of gamblers but are themselves addicted to trading, lol.

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

100% true. The urge to trade is what makes some people trade rather than the opportunity or signals.

[Yorubek]

There are more addicted traders than addicted bettors and this is because of simplicity and complexity of each but they both share many things in common which makes both to be gambling of different kind. As much as betting addiction is consign, it has caused similar financial breakdown like trading has caused, it just depends on the bettor. Some addicted bettors has sold even inheritance, personal properties and other people belongings they could have access to just to place a bet. To make it short and general, many has lost a lot of fortune as addicted bettor.

Addiction always poses a big threat to a person life, a person can easily face addiction through trading and gambling, it completely depends on your activity. If you start trading without proper knowledge about and only hope to make quick money, then you will face losses quickly, and when you become aggressive to get back the lost money, you will face more losses, as a result, trading will gradually turn into addiction. Whether you are trading or gambling, it is wise to enter the field with the right knowledge at the beginning, but even if you do not make money, you will maintain self-control over yourself and will be able to protect yourself from big losses. Your knowledge can always protect you from big losses, so it is very important to make informed decisions.

[Floczy]

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.

An addicted trader will eventually give up if he or she doesn't try harder to learn, but an addicted Gambler barely or will not give up in gambling.

I've seen gamblers sold and borrowed valuables just to gamble, I've seen them live a life that appears to be very bad, but you will hardly see this in an addicted trader, once their account is blown alot of things can change.

Trading happens to be a discipline building activity you will only understand if you've been there

[laspol65]

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.

You should never gamble with money that you cannot afford to lose. So you must enter trading with the amount of money that you can afford to lose. Because like gambling addiction, trading addiction is dangerous, people can easily understand gambling addiction but trading addiction is serious and can slowly push people towards death.
Many people lose money and commit suicide and it is seen that the most money is lost from trading, those who take up trading for a short time and lose money cannot control themselves during this time. As a result, no one hesitates to choose the path of death, so trading addiction

[fuguebtc]

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.

An addicted trader will eventually give up if he or she doesn't try harder to learn, but an addicted Gambler barely or will not give up in gambling.

I've seen gamblers sold and borrowed valuables just to gamble, I've seen them live a life that appears to be very bad, but you will hardly see this in an addicted trader, once their account is blown alot of things can change.

Trading happens to be a discipline building activity you will only understand if you've been there

Once you become addicted to trading, your behavior will be not much different from that of people addicted to gambling. Once you run out of money to place trade, you will also sell and borrow more to continue trading in the hope of recouping previous losses

The goal of an addict is to find way to satisfy their addiction and convince themselves that they will achieve unrealistic goal if they just keep pushing a little further. But that very belief only leads them deeper into addiction, and that only makes the addiction worse.


There is not much difference between gambling addiction and trading addiction.

[laijsica]

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.

You should never gamble with money that you cannot afford to lose. So you must enter trading with the amount of money that you can afford to lose. Because like gambling addiction, trading addiction is dangerous, people can easily understand gambling addiction but trading addiction is serious and can slowly push people towards death.
Many people lose money and commit suicide and it is seen that the most money is lost from trading, those who take up trading for a short time and lose money cannot control themselves during this time. As a result, no one hesitates to choose the path of death, so trading addiction

Trading is risky but not as risky as gambling. To trade, you need to gain experience. You need to be experienced in market analysis and avoid greed. Trade with the amount of funds that you can afford to lose.

Most traders do not go to the stage where you have mentioned the negative consequences of trading. Although there is a risk of losing money, traders do not lose most of their capital like gambling. Trading is not just for the short term, you need to have long-term plans in many cases and keep backup funds available.

You need to demonstrate skill in fund management because trading is risky and decisions should be made after identifying the areas of risk. If you know about low risk and high risk projects it will be easier for you to make profit.

[Big Dirams]

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.

You should never gamble with money that you cannot afford to lose. So you must enter trading with the amount of money that you can afford to lose. Because like gambling addiction, trading addiction is dangerous, people can easily understand gambling addiction but trading addiction is serious and can slowly push people towards death.
Many people lose money and commit suicide and it is seen that the most money is lost from trading, those who take up trading for a short time and lose money cannot control themselves during this time. As a result, no one hesitates to choose the path of death, so trading addiction

Trading addiction can be a very dangerous thing and not only trading addiction alone but also many other addictions too. Sometimes new traders even go into trading with the money they can afford to lose but at the long run the mindset in which they use in approaching trading is what later turns out to push them into the aggressive trading which later ends up to be trading addiction.
The quick money mindset, they expect profits from the market as soon as possible like they solely depends on trading with everything they have which is why they push harder to make it out with profits asap. This mindset isn’t a smart one at all for a new trader. 

[VarJames]

Trading addiction is dangerous because it can hide behind the idea of “working harder” or “studying the market more.”

A person may think he is being disciplined, but in reality he is just chasing losses, checking charts all day, increasing risk, and becoming emotionally dependent on every candle.

I had periods when I was too deep into trading, and looking back, it was not healthy. The market starts to affect your mood, your sleep, and even how you talk to people around you.

For me, one warning sign is simple: if you cannot walk away from the screen, you are no longer fully in control.

And we should not forget that life is not only happening on a phone screen or trading terminal. There is a whole world outside the window — family, friends, health, hobbies, and experiences that no trade can replace.

[AGogi2003]

You should never gamble with money that you cannot afford to lose. So you must enter trading with the amount of money that you can afford to lose. Because like gambling addiction, trading addiction is dangerous, people can easily understand gambling addiction but trading addiction is serious and can slowly push people towards death.
Many people lose money and commit suicide and it is seen that the most money is lost from trading, those who take up trading for a short time and lose money cannot control themselves during this time. As a result, no one hesitates to choose the path of death, so trading addiction

Gamble with money that you can’t afford to lose will take you to another way out or bringing problems to you, trading is not something that is easy for everyone and people that are already addicted to trading are does that have be benefiting from it for so long and have some experience and knowledge on how to be getting profit time to time, is always hard for people that didn’t succeed in trading become addicted.

Anytime new traders lose two or three times they will just try and give up and move to another way to generate funds. Investors are many then traders because is only few that have mind to take high risk and get profit many of us are just focusing on investment because that is the only thing can minimize there risk without losing a lot in crypto market.

[gunhell16]

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.

You should never gamble with money that you cannot afford to lose. So you must enter trading with the amount of money that you can afford to lose. Because like gambling addiction, trading addiction is dangerous, people can easily understand gambling addiction but trading addiction is serious and can slowly push people towards death.
Many people lose money and commit suicide and it is seen that the most money is lost from trading, those who take up trading for a short time and lose money cannot control themselves during this time. As a result, no one hesitates to choose the path of death, so trading addiction

You have a point in that part dude, and I think there are probably some traders who also make that habit of only trading the amount we can afford to lose.
And it's a good habit to be honest.

We also know that it's not easy to get earnings in crypto trading especially since the assets here are very volatile, though we also know that through volatility, other traders who already have knowledge here also get profit opportunities.

[Byebyebtc]

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.

I agree with you.
People make assumptions because of lack of results,
Trading is very hard and as a result not much trader's are profitable, but if trading was easy and lots of traders are profitable the whole story of talking against trading will change.

But the Individuals that are making money trough it knows how they feel about it.

[Jody.Drummer]

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.

You should never gamble with money that you cannot afford to lose. So you must enter trading with the amount of money that you can afford to lose. Because like gambling addiction, trading addiction is dangerous, people can easily understand gambling addiction but trading addiction is serious and can slowly push people towards death.
Many people lose money and commit suicide and it is seen that the most money is lost from trading, those who take up trading for a short time and lose money cannot control themselves during this time. As a result, no one hesitates to choose the path of death, so trading addiction

If defined addiction is a sentence that leads to the negative side, therefore addiction to trading or gambling in my opinion has something in common, namely that it can make us lose money or even make us experience big losses, considering that these two fields involve the same side, namely losses, in my opinion addiction from one of them is not good. Although with this trading can be analyzed to avoid the losses that occur but it is not entirely a guarantee that losses will be avoided, the advice is that when we do one of the two then use money that is in accordance with our own abilities.

[Iranus]

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.

I agree with you.
People make assumptions because of lack of results,
Trading is very hard and as a result not much trader's are profitable, but if trading was easy and lots of traders are profitable the whole story of talking against trading will change.

But the Individuals that are making money trough it knows how they feel about it.

My question is, how many people are making money from short term trading? If we are being honest here, most end up with only one outcome, which is losses and more losses. The number of people who make profits solely from trading can be counted on one hand.

Trading is often portrayed as glamorous, with high profit and the potential for quick riches, but the reality behind it is quite different. To put it bluntly, short term trading is more like a trap than a strategy, a sustainable path to making money.

[JeffBrad12]

My question is, how many people are making money from short term trading? If we are being honest here, most end up with only one outcome, which is losses and more losses. The number of people who make profits solely from trading can be counted on one hand.

Trading is often portrayed as glamorous, with high profit and the potential for quick riches, but the reality behind it is quite different. To put it bluntly, short term trading is more like a trap than a strategy, a sustainable path to making money.

Number are surprisingly low for day traders who are profitable, will be even lower if being profitable means they make more than 10% ROI.
There are some genuinely good traders making consistent profit through scalping and so on but they are rare.
A lot of people doesn't seem to have idea that most coins in the market are controlled by the market makers and they squeeze people a lot in derivative market. The statistic is by design in that case.