Post
Topic
Board Trading Discussion
Re: Trading addiction, are you coping?
by
Peanutswar
on 12/06/2023, 12:30:02 UTC
I read a news yesterday about a Spanish rehab center that is called 'The Balance', a Switzerland-founded wellness center, located in Spain. The Rehab center helps in treating of alcohol, drugs and behavioral health addictions. Recently it is adding trading addiction to its list and I was surprised to see that. You can read more about it:

The rehabilitation center cited estimates that about 1% of cryptocurrency traders will develop an "extreme" addiction to crypto trading.
https://cointelegraph.com/news/spanish-rehab-center-adds-crypto-trading-addiction-to-services-list

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?

In trading addiction you are using all of your sources and asset to make a possible trades position that could give you gains and losses still depending on your execution, this is all about your knowledge if you are addicted it seems like a great and bad news at the same time, great because you know now how to handle trades bad news is sometimes we have a revenge trades most likely happen, in this thing you are the responsible to the winnings and losses unlike in gambling you are depending your faith to the gambling slot casino itself it risk on the outcome even though they have a strategy game but at the end you don't know the possible next move in the future so its quite different. Better to get addicted in trading than gambling depending on your perspective. Like knowledge versus luck.