Post
Topic
Board Trading Discussion
Re: Is Trading also addictive?
by
Sanitough
on 01/06/2025, 19:55:07 UTC
In my practice, trading is really addictive and exciting among my friends. It's like in a casino, you've lost an amount and you think you need to win back Grin

In order for trading to stop looking like a casino for you, you need to reduce losses using risk management. In this case, you will not have to replenish your balance daily in order to continue trading. Thus, trading will cease to be a casino for you.
Aside from applying risk management, you also need to timing your trade on the market position. You don’t need to trade consistently for the sake of maximizing your profits, that wouldn’t be guaranteed. Just trade when there are potentials to win and succeed, but never do it like gambling, like you have to chase your losses and even chase your luck because that will make you lose a lot more instead.