To avoid addiction, the traders must have the right knowledge about the exit point. Those who can create a specific trading plan and have the mindset to prevent those who take retaliatory trades after a loss, in a word I believe that addiction will never work on them. Along with this, a fixed time limit should be set for trading and special attention should be paid to not giving too much time. And at every step you should ask yourself, why am I trading or does trading feel stressful to me or can I enjoy something else other than trading, etc., which will play an effective role in controlling emotions.
You have expressed something so wise to be understood by all traders who may still rely too much on emotions and do not set an exit time after thinking about the right way to enter to run a trade. In the past when I first learned about trading, I also forgot to set an exit time after I entered at the right time, even though it is also a mandatory thing to be set by every active trader so that they can enjoy trading more without sacrificing more time in the market. Because other things also need to be considered in life so that we do not do everything with greater emotion.
One must learn to enjoy trading, whether there is profit or loss. I believe that a person must learn to enjoy loss from the heart, only then will he become a successful person. Because while trading or when facing any loss in life, people usually become aggressive, which brings more loss to them. Because when they become aggressive, the effective power of their knowledge will gradually decrease. This is because anger and knowledge have an inverse relationship with each other. Therefore, life (whether it is good or bad) must be enjoyed.
you are absolutely right, Many traders focus so much on strategies and profits that they forget the mental discipline behind it. Setting limits both emotionally and time-wise is the key. Trading should never feel like a trap; it should be a conscious, controlled decision. Respect to you for highlighting this side of the game
You are very correct, however I think using the sentence " one must learn to accept loss" is better than the sentence you used that " one must learn to enjoy loss" I understand that you didn't just know the right word to use that was why you used the word enjoy instead of accept and we are just saying same thing, apart from that mistake I corrected I agree with everything you said.
As a trader or a gambler if you don't learn to accept your loses you will keep losing, some traders have lost huge amount of money they won't have lost if they had accepted there lose and move on.
In trading you gain and you loss, however is better to gain more than you lose because if you are gaining more than you lose it means you are making profit but if you are losing more than you are gaining then you are not making profit.
MissNonFall9 you are very correct when you said that while trading or when facing any loss in life, people usually become aggressive, which brings more loss to them. Because when they become aggressive, the effective power of their knowledge will gradually decrease.
So please learn how to accept loses as a trader don't take it upon yourself to get all the money you lost.
Acceoptance is totally different if we do speak about enjoyment or you have that pleasure on taking up a loss because this isnt how we should be that having the approach when we are losing money but rather we should be thinking up well that we do need up to adjust accordingly. There are that those moments that we've become that too impulsive at the time that we do take up some loss on which it will be just that normal. We do have on losing money and its never been that enjoyable. The key on here is that you should be that easily move on and at the same time you would be that learning out of those mistakes so that you would be finding yourself that more better than on yesterday. There are those times or moments that you do become that addicted into it on which this is that partly true specially when you are making up some profitable trades on which it will be giving out that kind of boost up that you can be able to do it without any issues but of course you should be that still sticking on what the reality do give out. There's always that possibility that you cant be able to find yourself that making trading to be some sort of gambling just because you've been that trying out to make easy money with it instead on trying out to make some in depth analysis on each trade that you are that making.