Is Forex an Addiction ?

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 ?

Without a plan indeed its an addiction. Gambling and investing/trading has a very thin line which can be breached very easily.

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.

As for me, Forex is just a great option for work, which can bring good profits.

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.

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.

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.

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.

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.

Forex is not an addiction. It's a journey of learning and growth for those who are sincerer about trading.

Traders like to purchase signals for trading. Don’t get entrapped by signal selling syndicates.

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.

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.

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.

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.

hi all. i'm newbie. and most of all i feel despair, anger and misunderstanding. but then i calm down and start trading again and again. until i learn.

Activities that people enjoy can turn into addictions. For some, forex can also act as an addiction.

its top addiction!!!!!!!!
and pure gambling
no one can beat the market
so all of ya gonna loooooooooose in the end :*

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.