Is Forex an Addiction ?
Jan 28, 2022 at 07:32
865 Views
18 Replies
Member Since Jun 12, 2021
132 posts
Jan 28, 2022 at 07:32
i losses so many times from this market place .
but still i trade Forex with no doubt . sometimes i feel this trading place is an Addiction, nothing without it.
what's your own opinion guys ?
but still i trade Forex with no doubt . sometimes i feel this trading place is an Addiction, nothing without it.
what's your own opinion guys ?
Member Since Jun 03, 2020
1 posts
Jan 28, 2022 at 09:10
Without a plan indeed its an addiction. Gambling and investing/trading has a very thin line which can be breached very easily.
Member Since May 27, 2021
57 posts
Jan 28, 2022 at 12:53
It depends on how you take it, if you will overtrade then it can become an addiction whereas if you will trade according to the ongoing market with a proper plan then definitely can get profits.
Member Since Mar 16, 2021
477 posts
Jan 29, 2022 at 02:31
Ankitrading posted:Of course, gambling and investing are two different types. Trading involves a combination of plan and discipline.
Without a plan indeed its an addiction. Gambling and investing/trading has a very thin line which can be breached very easily.
Member Since Mar 17, 2021
536 posts
Feb 02, 2022 at 19:37
Quercine posted:Greed is the most dangerous enemy of a trader.
Forex trading can be really addictive because of the 24/7 convenience. Often considered as an easy path to success, a lot of traders exhaust their capital in greed to earn more in a short span of time.
Feb 03, 2022 at 14:21
I think that anything we do with great passion can become our addition. There’s a very high probability of getting addicted with Forex trading especially you stated earning well from the very beginning. It could be just a lucky coincidence but I think that after this a person will not be able to quit this thing and he or she will try it over and over again.
Member Since Aug 05, 2021
401 posts
Nov 17, 2022 at 19:00
I think that trading can become an addiction, the same way that other things can become an addiction but aren't when done in moderation.
Member Since Nov 29, 2022
40 posts
Dec 07, 2022 at 07:32
Fx trading doesn’t have to be addictive. It depends on how the trader views the market and their responsibilities towards earning the required profit. They need to maintain discipline and focus as they learn and grow.
Member Since Mar 17, 2022
47 posts
Dec 15, 2022 at 05:41
binarysumo22 posted:Actually many traders, especially beginners, do get addicted to trading, even if they are facing constant losses.
Fx trading doesn’t have to be addictive. It depends on how the trader views the market and their responsibilities towards earning the required profit. They need to maintain discipline and focus as they learn and grow.
But you can fix this problem by assigning a fixed period of time in your daily schedule to trade. Try to make this time as the London-NY Crossover time period.
Also, meditation helps a lot in aiding you to focus. Try meditating.
Dec 23, 2022 at 10:29
voayger1 posted:Hey, that’s not true. There are many profitable traders who are shaping their lives with forex trading. Forex gets addictive or gambling mentality develops when you see it that way. I’m not saying that you will profit quickly but if you work hard and remain disciplined, there are more chances of success.
its top addiction!!!!!!!!
and pure gambling
no one can beat the market
so all of ya gonna loooooooooose in the end :*
Member Since Aug 05, 2021
401 posts
Dec 26, 2022 at 15:32
voayger1 posted:Disagree with this. It isn't pure gambling, traders make decisions based off of knowledge and other factors. Yes, sometimes those educated guesses may be wrong but you don't just go betting on nothing hoping for luck.
its top addiction!!!!!!!!
and pure gambling
no one can beat the market
so all of ya gonna loooooooooose in the end :*
Member Since May 02, 2023
1 posts
May 02, 2023 at 11:03
(edited May 02, 2023 at 11:04)
I'm new here and wanna add that it's a valid concern, especially if you feel like you can't stop trading even when you're losing. While I'm not an expert in this area, I do think it's important, to be honest with yourself about whether or not it's becoming a problem. If you feel like you can't stop trading, even when it's causing you financial or emotional harm, then it might be worth taking a step back and reevaluating your priorities.
I think this addiction is something like becoming a pathological liar https://fherehab.com/learning/pathological-lying-disorders . You cannot control yourself and you will lie to yourself that you are in control. Of course, it's also possible to enjoy Forex trading without it becoming an addiction. It's all about finding a healthy balance.
I think this addiction is something like becoming a pathological liar https://fherehab.com/learning/pathological-lying-disorders . You cannot control yourself and you will lie to yourself that you are in control. Of course, it's also possible to enjoy Forex trading without it becoming an addiction. It's all about finding a healthy balance.
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