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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 .
To come up with that condition for sure a person is paying to much attention on what they are doing also they became knowledgeable trader for reaching that situation so quitting maybe a not good advice to be given if they are earning good profits with this since this is good addiction to take. The only situation where they need to stop if they lose and start to do unpleasant things maybe that should needed to take care with their relatives before it result to more worse situation.
If it did end up on an addiction and turns out to be beneficial or something that they could make money then of course it would be something worth on sticking it out because we know on how important on making or having an income via trade which not everyone could easily pull off.
I did really come into a point on which i do have that called addiction on trading which i cant really be able to resist on not to make up some trades even on just 1 day which i dont really skip out.
Even when it comes to chart or price checking then i cant just missed out any single moment because i dont really like on missing up something which it is really a solid indication that you
are really that addicted to it but this is somewhat on the positive side of things.