Is Forex an Addiction ?

Jan 28, 2022 at 07:32
Vues 1,002
18 Replies
Membre depuis Jun 12, 2021   posts 132
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 ?
Membre depuis Jun 03, 2020   posts 1
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.
Membre depuis May 27, 2021   posts 56
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.
Membre depuis Mar 16, 2021   posts 447
Jan 29, 2022 at 02:31
Ankitrading posted:
Without a plan indeed its an addiction. Gambling and investing/trading has a very thin line which can be breached very easily.

Of course, gambling and investing are two different types. Trading involves a combination of plan and discipline.
Membre depuis Jan 18, 2022   posts 47
Feb 02, 2022 at 07:53
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.
Membre depuis Mar 17, 2021   posts 494
Feb 02, 2022 at 19:37
Quercine posted:
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.

Greed is the most dangerous enemy of a trader.
Membre depuis Aug 30, 2020   posts 15
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.
Membre depuis Aug 05, 2021   posts 394
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.
Membre depuis Nov 25, 2022   posts 7
Nov 25, 2022 at 07:31
Forex is not an addiction. It's a journey of learning and growth for those who are sincerer about trading.
Membre depuis Sep 02, 2022   posts 75
Nov 26, 2022 at 09:07
Traders like to purchase signals for trading. Don’t get entrapped by signal selling syndicates.
Membre depuis Nov 29, 2022   posts 40
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.
Membre depuis Mar 17, 2022   posts 46
Dec 15, 2022 at 05:41
binarysumo22 posted:
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.

Actually many traders, especially beginners, do get addicted to trading, even if they are facing constant losses.
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.

Membre depuis Mar 21, 2022   posts 47
Dec 16, 2022 at 06:52
Forex trading is not an addiction. But when newbie traders start making money, they run the risk of becoming addicted to trading. However, this problem can be solved by gaining an understanding of trading psychology.
Membre depuis Mar 24, 2022   posts 56
Dec 16, 2022 at 09:18
You have to figure out what's troubling you and what's making you overtrade. Beginners do overtrade, so focus on developing discipline first before trading. Mindfulness activities help in that case too.
Membre depuis Nov 15, 2022   posts 23
Dec 21, 2022 at 13:12
Activities that people enjoy can turn into addictions. For some, forex can also act as an addiction.
Membre depuis Dec 19, 2022   posts 3
Dec 21, 2022 at 17:17
its top addiction!!!!!!!!
and pure gambling
no one can beat the market
so all of ya gonna loooooooooose in the end :*
Membre depuis Mar 11, 2022   posts 51
Dec 23, 2022 at 10:29
voayger1 posted:
its top addiction!!!!!!!!
and pure gambling
no one can beat the market
so all of ya gonna loooooooooose in the end :*

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.
Membre depuis Aug 05, 2021   posts 394
Dec 26, 2022 at 15:32
voayger1 posted:
its top addiction!!!!!!!!
and pure gambling
no one can beat the market
so all of ya gonna loooooooooose in the end :*

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.
Membre depuis May 02, 2023   posts 1
May 02, 2023 at 11:03 (édité 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.
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