I have been thinking about this and I think I needed bringing it up here for discussion. Are you a trader, or do you know any real traders, someone who consistently follows the market? Have you noticed them on any sort of substance?
I fell traders are more likely to become substance abusers for these reasons.
- The market can easily induce stress and anxiety because of the pressure of making decisions. Traders can loose sleep over it.
- Traders need to monitor the market regularly, even worse if you trade crypto because the market is always open.
- Most traders function alone, and are mostly by themselves, locked up in a room with their huge screens.
Some of the substances that could be abused by traders are:
- Alcohol
- Energy drinks and Caffeine.
- Cigarettes, Cannabis and even cocaine. etc
Substance abuse can affect the accuracy of your trading decisions, so I feel people interested in trading need to understand this risk before starting to trade so that they do not turn to substance abusers, but rather focus on the healthy alternatives.
Substance abuse Is common with a lot of traders because they feel the need to take something to calm their nerves especially when they are losing money. But to me all of these isnt necessary, health is wealth, the whole point of trading and working hard is to make money and become successful, it is going to become a waste of efforts if you fall sick due to substance abuse. To avoid all these take risks that are within your comfort zone
Right because health is most important thing in life and people should invest money on their health and should walk early morning because that is part of people. The people who are traders and they are Investing their time on health, they are best traders because psychology matters a lot when you concern with trading and if your mind is calm then it will function properly. Alcohol is injurious to healthy because it can effect on kidneys and liver and we have to hospitalize in the future if we are in taking this for the years because for long term , it is not best thing.Substances like coffee and tea are also injurious for the long term because these have sugar and we could face trouble in the future.