My experience so far says that dependent people can hardly overcome the problem themselves. In some cases, it is simply impossible.
Some would say to follow certain rules in deals, others to keep a diary, and third to take a rest. The latter is the right one for me, but rest under changed conditions. Do not just say, "Ok, I will not trade, I'll do it." Human instincts and inner desires are much stronger in most cases by the will. So, you have to outsmart them. I only think of one way and it is to go to a place where you do not have proper trading conditions (no computer) and you also have to have the right conditions for other activities - sports and anything else to distract you from forex.
Showing posts with label addiction. Show all posts
Showing posts with label addiction. Show all posts
Wednesday, 6 September 2017
Tuesday, 5 September 2017
Addiction to forex trading (2)
Is there a passion or is it just addiction? You realize that addiction to a certain activity happens when a person is completely dependent on it. This behavior is usually shown by people who are constantly looking for the activity no matter what negative consequences it have brought to them. What is worse is that people who are addicted can not stop the activity even though it ruins their lives.
How would you recognize if you are already dependent on forex trading rather than simply taken over by it. Ask the following questions:
Do I often trade even after I told myself to stop?
Does Forex trading create problems with my relationships with other people?
Does Forex trading has created me financial problems?
Has anyone ever told me I trade too much and that I have to stop?
Have I tried to get my losses back by increasing my deal size?
Is there a case when I trade just because I'm bored?
I am sure that once you answer these questions, you will be able to realize whether you are dependent or not.
How would you recognize if you are already dependent on forex trading rather than simply taken over by it. Ask the following questions:
Do I often trade even after I told myself to stop?
Does Forex trading create problems with my relationships with other people?
Does Forex trading has created me financial problems?
Has anyone ever told me I trade too much and that I have to stop?
Have I tried to get my losses back by increasing my deal size?
Is there a case when I trade just because I'm bored?
I am sure that once you answer these questions, you will be able to realize whether you are dependent or not.
Monday, 4 September 2017
Addiction to forex trading (1)
To be honest, most of us are attracted to the world of forex trading because of the potential profit of big money, with the ability to exercise the brain and the will. For some, the second comes in the background, as it is more preferable to make money.
There are times when traders just want to take the money, which blurs their judgment on the forex market. Exactly then, trading has the potential to become addictive, potentially damaging both the brain and the soul.
Imagine it, let me tell you a story of a trader who ended up emptying a whole account for the third time in a row. However, he is persistently looking for a new real account. He even thought about getting closer to companies to manage their money with the belief that his passion for trading magically will turn into profits.
To make matters worse, this day trader has a family to endure. No matter how much money he has lost, he does not go back to study the market or reform his trading plan. Instead, he takes from family savings to open a new real account.
There are times when traders just want to take the money, which blurs their judgment on the forex market. Exactly then, trading has the potential to become addictive, potentially damaging both the brain and the soul.
Imagine it, let me tell you a story of a trader who ended up emptying a whole account for the third time in a row. However, he is persistently looking for a new real account. He even thought about getting closer to companies to manage their money with the belief that his passion for trading magically will turn into profits.
To make matters worse, this day trader has a family to endure. No matter how much money he has lost, he does not go back to study the market or reform his trading plan. Instead, he takes from family savings to open a new real account.
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