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I think it would be perfect to bring this trading discussion. Are you addicted to trading? I am thinking that making profit from trading or making losses, there is a chance that some traders are addicted to trading. What are you doing naturally to stay away from trading addiction?
No, I'm not addicted to trading or even something like gambling. As far as I know about addiction in trading is if they are trading using high leverage to gain big profit and when they won once they will do it again without any knowledge, analysis, or even a plan. The worst thing is when they borrow the money from their friends and end up not paying back the loan.
That’s a worst addiction to tell. Well, I must admit I have been trading with addiction before and because I keep on chasing for bigger returns, the more i see myself constantly in losing. That’s why I decide to trade only when there is spare money to trade. And when I fail to secure it, then I never do trading, you will learn on how to avoid trading addiction and control your trading activities when you have an empty wallet so there’s no reason to trade.
Trading addiction is a gradual stuff that develops over time knowingly and unknowingly if not taken care of at the appropriate time, if a trader happens to notice is becoming so addicted to trading, best thing to do is pause trading for some days in order to get your emotions back. Lastly, Greediness is a major factor that contributes to people trading often because they wants to gain everything and in the process lose everything .