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Author Topic: What is the main reason why you trade  (Read 6453 times)

Online SmartGold01

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What is the main reason why you trade
« on: October 12, 2024, 10:56:05 PM »
Here to get few reasons why we trade and of course many of us here would say they trade to double their money and if that then it would be very hard for us to succeed in trading. Just as what most people says they gamble to make additional profits or to have double stream of income but at later ends turning very bad at them were they suddenly became addicted gambler.

Don't you think a trader can as well become addicted?

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What is the main reason why you trade
« on: October 12, 2024, 10:56:05 PM »

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Offline taufik123

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Re: What is the main reason why you trade
« Reply #1 on: October 12, 2024, 11:33:45 PM »
No, trading doesn't get me addicted when it pays off.
I trade just wanting to take some advantage of the price fluctuations that occur.

Those who are too addicted will just make a deposit without making any withdrawals or profits.
Usually they get stuck with revenge trading, so they will keep putting their funds into trading until their losses turn into profits, but it is quite difficult if they are already trading revenge.

And this also depends on what type of trade is used, there are many beginners who only use Futures trading to multiply their money easily, but they don't think about the risks.
I myself prefer spot trading because it is safer to avoid higher stress and will not be liquidated like futures trading

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Re: What is the main reason why you trade
« Reply #1 on: October 12, 2024, 11:33:45 PM »

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Re: What is the main reason why you trade
« Reply #2 on: October 12, 2024, 11:41:15 PM »
Don't you think a trader can as well become addicted?
Another thing is that trading is not fun like gambling but it is very risky. You will see people dedicate their time and use their money to trade and lose often. Trading is worse than gambling for some people as they think they can make money from trading if they become a good trader but they will just be having losses. Although if you are good in trading, it can also be a source of income but it should not be a primary source of income.

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Re: What is the main reason why you trade
« Reply #3 on: October 13, 2024, 03:58:12 AM »
Don't you think a trader can as well become addicted?
Another thing is that trading is not fun like gambling but it is very risky. You will see people dedicate their time and use their money to trade and lose often. Trading is worse than gambling for some people as they think they can make money from trading if they become a good trader but they will just be having losses. Although if you are good in trading, it can also be a source of income but it should not be a primary source of income.
I think the same because this things are the major attributes to lose because they are trading with pressure and tension to make money and meet up with their standard of living without knowing that such tension would end up increasing their lose. People who see's trading as their primary source of income mostly face difficulty if they didn't receive back what they expected as profits.
+1 for you

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Re: What is the main reason why you trade
« Reply #4 on: October 13, 2024, 08:20:01 AM »
Here to get few reasons why we trade and of course many of us here would say they trade to double their money and if that then it would be very hard for us to succeed in trading. Just as what most people says they gamble to make additional profits or to have double stream of income but at later ends turning very bad at them were they suddenly became addicted gambler.

Don't you think a trader can as well become addicted?

You should understand very well that trading is different from gambling. Most time s people confuse it for gambling but it's not. They might have same idea as you get to to make profits using money. One thing that happens when a gambler becomes addicted, is that he losses control of himself and sometimes loss. But a trader becoming addicted to his trading strategy will help him understand the market dynamics even more. All that matters now is his psychological and how he controls himself in the market. That's because when you get too confident you might end up taking the wrong decisions and losing.
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Re: What is the main reason why you trade
« Reply #5 on: October 13, 2024, 10:23:58 AM »
Gambling can make people addicted and gambling addiction creates bad situations for people. Trading does not make people addicted Trading makes people addicted but does not lead to bad situations like gambling. Suppose you are doing spot trading, you may suffer losses due to falling prices or rising prices, but you may recover if the prices rise or fall. I am not addicted to trading and trading cannot make me addicted. I trade when the market goes down so much that I think it might not go down any further, then I trade when the price goes up a little bit and I sell my trade. I am not very greedy in trading platform and I sell my trades only when I make small profit in trading platform so I don't lose much in trading platform. There are some trading strategies that can be adopted to save yourself from losses on the trading platform.
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Re: What is the main reason why you trade
« Reply #6 on: October 13, 2024, 10:58:55 AM »

Maybe they get addicted too. When they get addicted I think they will want to look for new strategy and learn more of the tools used to trade in the market.

I see more of them on the speculation threads and some of them shows complicated charts. Th y must have been addicted for a while already.

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Re: What is the main reason why you trade
« Reply #6 on: October 13, 2024, 10:58:55 AM »


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Re: What is the main reason why you trade
« Reply #7 on: October 13, 2024, 02:45:30 PM »
I think that you also create a best topic and comment in this post. So i am also agree with your comment. We know that trading is one of the best profitable site in cryptocurrency world. Because we saw that many people earned huge profit from crypto trading. I also believe that they could understand easily in cryptocurrency market and trading system. Because we know that a good trader can be successful for his skills and intelligence. So i want to a professional traders in cryptocurrency world.
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Re: What is the main reason why you trade
« Reply #8 on: October 13, 2024, 06:56:25 PM »
Here to get few reasons why we trade and of course many of us here would say they trade to double their money and if that then it would be very hard for us to succeed in trading. Just as what most people says they gamble to make additional profits or to have double stream of income but at later ends turning very bad at them were they suddenly became addicted gambler.

Don't you think a trader can as well become addicted?
I'm primarily a holder, meaning I don't frequently buy or sell crypto. My trading activities are confined to a demo account, serving as a training ground to enhance my understanding of indicators and experiment with new investment strategies.

For other traders, I believe their primary motivation is to profit from market fluctuations. If they simply enjoy the thrill of chance, they would likely prefer the social atmosphere and excitement of a casino over the solitary experience of a CEX/DEX interface.
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Online SmartGold01

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Re: What is the main reason why you trade
« Reply #9 on: October 13, 2024, 09:53:38 PM »
Here to get few reasons why we trade and of course many of us here would say they trade to double their money and if that then it would be very hard for us to succeed in trading. Just as what most people says they gamble to make additional profits or to have double stream of income but at later ends turning very bad at them were they suddenly became addicted gambler.

Don't you think a trader can as well become addicted?
I'm primarily a holder, meaning I don't frequently buy or sell crypto. My trading activities are confined to a demo account, serving as a training ground to enhance my understanding of indicators and experiment with new investment strategies.

For other traders, I believe their primary motivation is to profit from market fluctuations. If they simply enjoy the thrill of chance, they would likely prefer the social atmosphere and excitement of a casino over the solitary experience of a CEX/DEX interface.
If you rely on demo then I can say you aren't a trader rather and investor meaning an investor is someone who holds coin for some specifics period of time to sell off their invest, meaning there is every slime chances for such people like you to become an addicted trader or do I say holder? Yes that is it, you can hardly become addicted trader because you aren't solely depending on trading rather whenever the market gets to your choice of price level before either selling.

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Re: What is the main reason why you trade
« Reply #10 on: October 13, 2024, 10:12:23 PM »
Here to get few reasons why we trade and of course many of us here would say they trade to double their money and if that then it would be very hard for us to succeed in trading. Just as what most people says they gamble to make additional profits or to have double stream of income but at later ends turning very bad at them were they suddenly became addicted gambler.

Don't you think a trader can as well become addicted?
I'm primarily a holder, meaning I don't frequently buy or sell crypto. My trading activities are confined to a demo account, serving as a training ground to enhance my understanding of indicators and experiment with new investment strategies.

For other traders, I believe their primary motivation is to profit from market fluctuations. If they simply enjoy the thrill of chance, they would likely prefer the social atmosphere and excitement of a casino over the solitary experience of a CEX/DEX interface.
If you rely on demo then I can say you aren't a trader rather and investor meaning an investor is someone who holds coin for some specifics period of time to sell off their invest, meaning there is every slime chances for such people like you to become an addicted trader or do I say holder? Yes that is it, you can hardly become addicted trader because you aren't solely depending on trading rather whenever the market gets to your choice of price level before either selling.

when your money depends on the kind of trading you do, it should be find to get addicted and learn more off the charts than learning other stuff. just like gambling, the gamblers are trying to look for strategies and some tool to win on games, its not very different to traders who got addicted to reading charts and finding which coins to trade.

trading i think is wider though because traders can choose which projects and may even just ride the pumps whenever there is opportunity.

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Re: What is the main reason why you trade
« Reply #11 on: October 13, 2024, 10:33:46 PM »
Here to get few reasons why we trade and of course many of us here would say they trade to double their money and if that then it would be very hard for us to succeed in trading. Just as what most people says they gamble to make additional profits or to have double stream of income but at later ends turning very bad at them were they suddenly became addicted gambler.

Don't you think a trader can as well become addicted?
I'm primarily a holder, meaning I don't frequently buy or sell crypto. My trading activities are confined to a demo account, serving as a training ground to enhance my understanding of indicators and experiment with new investment strategies.

For other traders, I believe their primary motivation is to profit from market fluctuations. If they simply enjoy the thrill of chance, they would likely prefer the social atmosphere and excitement of a casino over the solitary experience of a CEX/DEX interface.
If you rely on demo then I can say you aren't a trader rather and investor meaning an investor is someone who holds coin for some specifics period of time to sell off their invest, meaning there is every slime chances for such people like you to become an addicted trader or do I say holder? Yes that is it, you can hardly become addicted trader because you aren't solely depending on trading rather whenever the market gets to your choice of price level before either selling.

when your money depends on the kind of trading you do, it should be find to get addicted and learn more off the charts than learning other stuff. just like gambling, the gamblers are trying to look for strategies and some tool to win on games, its not very different to traders who got addicted to reading charts and finding which coins to trade.

trading i think is wider though because traders can choose which projects and may even just ride the pumps whenever there is opportunity.
There are people are who are so passionate about their trading and forms of coins to trade but however, involving in a higher trades depends on the coin therefore, it's imperatively to stick on those coin to giving you the profits required and when the trader aren't greedy there possibility of trading freely without being addicted.

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Re: What is the main reason why you trade
« Reply #12 on: October 13, 2024, 10:40:45 PM »
Of course, the main purpose of trading is to make a profit, that's why, day by day, we must learn more and more to optimize the profit. It's just that, indeed, all trading risks to losing money cannot be avoided, especially when we play in the Future market.

It's just that, regarding addiction, I think I have a hard time distinguishing it, is a professional trader addicted to trading every day? I don't think so, because no matter how they do it, sometimes as a job, they are used to trading and all its very complex analysis.

Then, maybe the difference with gambling is, when trading, usually someone will do their own analysis and calculations, whether the results will be loss or profit, but there should be their own analysis. If it turns out to be losing money because of the future market, I don't think it will lead to addiction, because it's too dizzy analyzing the market. While gambling has a sense of fun, right? That's why it makes you curious and still enjoy doing it, because often it's purely based on luck, just guessing.

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Re: What is the main reason why you trade
« Reply #13 on: October 13, 2024, 10:44:33 PM »
Don't you think a trader can as well become addicted?
No, I don't think a trader can become addicted to trading just like gamblers, because I've been trading since 2015 era and I can say that it's not addicting at all. I'm not sure about most of the traders but from my own experience I can say that trading isn't addictive at all.

I regularly check and monitor the market to see what's happening and whenever I find a good opportunity I open my positions without any delays but that doesn't mean that I'm doing it 24/7 or I'm so addicted to it that if I skip a day or two that might impact my mental health. Sometimes I don't trade for weeks and still that doesn't impact my mental health in anyway.
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Re: What is the main reason why you trade
« Reply #14 on: October 14, 2024, 03:39:03 PM »
Here to get few reasons why we trade and of course many of us here would say they trade to double their money and if that then it would be very hard for us to succeed in trading. Just as what most people says they gamble to make additional profits or to have double stream of income but at later ends turning very bad at them were they suddenly became addicted gambler.

Don't you think a trader can as well become addicted?

Investing is also a kind of trading but just the longer format and everyone who chose to trade has their own reason and literally 90% of them end up in loss while the remaining 10% bags the profit.

The beauty of trading is, it gives the opportunity to make money quicker so one who really gives time and the capability to take risks are having better chance of increasing their portfolio value.
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