What is the main reason why you trade

[enoch_from_off]

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.

The potential is bigger while you trade or scalp, however, the risks of such a venture are also spiking up. Each of us has our own goal in mind, which we can achieve in many different ways, and overall, everybody decides for themselves whether investing or trading would be more beneficial to do, many metrics should be considered while making a decision like that.

[bayu7adi]

I don't really understand the world of psychology like that, but I think it could happen...

I once tried to be a daily trader, when it failed my curiosity ended, because it hit me quite hard...

But I'm sure there are people who still persist even though it hurts... to call it addiction, I'm not sure it's because of addiction, because addiction is only for people who like an activity or object... and maybe only a few people are addicted to the headache of understanding the world of trading.

[royalRitta]

I don't really understand the world of psychology like that, but I think it could happen...

I once tried to be a daily trader, when it failed my curiosity ended, because it hit me quite hard...

But I'm sure there are people who still persist even though it hurts... to call it addiction, I'm not sure it's because of addiction, because addiction is only for people who like an activity or object... and maybe only a few people are addicted to the headache of understanding the world of trading.

That's why it's important to use limits during your sessions or just use the funds you are willing to spend. Some people don't learn from it and keep trying their luck out, thus, becoming entrenched in getting their money back from the market, when in reality, it would be pretty hard to do so without needed knowledge and expertise.

[Gita]

Many people trade with long term investment.And many people buy and sell repeatedly.But I would prefer long term investment.Being more greedy makes trader addicted.

I also believe that they can easily understand the cryptocurrency market and trading system.Because we know that a good trader can succeed because of his skill and intelligence.success can be achieved if we give at the right time.

[armanda90]

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.

Mental health is very important part in trading and you did good management how to controlling mental health by leaving awhile trading until your mental health recovery back. Usually get bad mentality or out controlling after loss position and leave trade awhile recovery back our mental health is very important, but for experienced trader seems easily how to control their mental health and not really care how many time loss during can recovery back their capital to earn profit.

Usually my trading habit right now only when market drop although monitoring market every day but keep patience waiting for when price really dropped.

[Rruchi man]

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

Trading is very different from gambling because trading is a sustainable skill, and if a trader becomes addicted to trading if they are making profit, then it is a kind of good addiction. The only bad side is when they are losing in trading and then do not know how to stop themselves or give themselves a break to reevaluate their strategy and really understand why they have consistently lost.

The purpose for trading for most traders is to make profit, just like other skills.

[SmartGold01]

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

Trading is very different from gambling because trading is a sustainable skill, and if a trader becomes addicted to trading if they are making profit, then it is a kind of good addiction. The only bad side is when they are losing in trading and then do not know how to stop themselves or give themselves a break to reevaluate their strategy and really understand why they have consistently lost.

The purpose for trading for most traders is to make profit, just like other skills.

I think there is addiction in everything we does provided we constantly do it on a regular basis, it could be something that would give us profit or gives lose, the fact is that they can't do without involving themselves in that very activity any longer shows how addicted they seems to be. We take for example; a smoker, they don't do it to gain profits but they does it for pleasure and some people does it because of their atmospheric condition which is mostly causing coldness on their body system and they need it to heat up their body temperature.

[sagarmota10]

Trader trade for profit and most of trader are trade for the increase the capital as soon as possible for the rush of increasing capital most of trader get loses so mainly to be a trader is challenging decision compare to investment.

[Themepen]

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.

Trading can be addictive just like gambling. Even if you have not experienced it many traders have problems controlling their behavior. They get driven by strong emotions like greed fear and excitement. Constantly checking markets and looking for opportunities can take over their thoughts harming their mental health and relationships.

You are able to control yourself and take breaks without issues which is great. But not all traders are like you. Some feel anxious or depressed when they can not trade or check markets. Addiction comes in many forms and trading addiction is one of them. Traders need to be aware of risks and maintain healthy balance in life.

[Findingnemo]

The potential is bigger while you trade or scalp, however, the risks of such a venture are also spiking up. Each of us has our own goal in mind, which we can achieve in many different ways, and overall, everybody decides for themselves whether investing or trading would be more beneficial to do, many metrics should be considered while making a decision like that.

Yup, more the returns then more the risk as well. But it shouldn't be only based on the goal, it should be based on the risk tolerance let's say someone with $1000 can't afford to choose the high risky methods by assuming that they can double their profits in few months while someone who is having hundreds of dollars can play their capital with some risky trade options to bag some profits.

[kulkhan]

Actually i am not profetional trader. But i am trying to be a good trader. Now I am learning and and gathering knowledge about trading. After pandemic now i am fully unemployed. So i started trading. Mainly i started trading to remove my economic crisis and maintain my family.

I think for trading i will able to reduce my economic crisis. And mainly i am trading for economic development. I think today or tomorrow i will be successful.
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[SamReomo]

Usually my trading habit right now only when market drop although monitoring market every day but keep patience waiting for when price really dropped.

I believe that's a good approach to trading because monitoring the market doesn't cost anything but it allows us to learn the moves of the market, and when prices drop then one can accumulate some good coins and wait for them to go up once again.

[$crypto$]

I don't really understand the world of psychology like that, but I think it could happen...

I once tried to be a daily trader, when it failed my curiosity ended, because it hit me quite hard...

But I'm sure there are people who still persist even though it hurts... to call it addiction, I'm not sure it's because of addiction, because addiction is only for people who like an activity or object... and maybe only a few people are addicted to the headache of understanding the world of trading.

Usually they look too much at the benefits they can get, so they ignore the risks they can get too, and even the risks are very big. Chasing something that has a very big risk is where the mistake lies, so they don't apply financial management and others.

I understand that everyone wants profit, but we also have to be able to adjust to how much risk we can bear. Many people end up forcing themselves, and from forcing it, something even more serious happens that can disturb our mentality.

[enoch_from_off]

Usually my trading habit right now only when market drop although monitoring market every day but keep patience waiting for when price really dropped.

I believe that's a good approach to trading because monitoring the market doesn't cost anything but it allows us to learn the moves of the market, and when prices drop then one can accumulate some good coins and wait for them to go up once again.

Yeah, you would never know where the dip ends and rally up begins, however, you can always try with the money you are willing to spend. That way, you will be able to learn and try something you have on your mind regarding the ideas for the market.

[Hisbullah]

I don't really understand the world of psychology like that, but I think it could happen...

I once tried to be a daily trader, when it failed my curiosity ended, because it hit me quite hard...

But I'm sure there are people who still persist even though it hurts... to call it addiction, I'm not sure it's because of addiction, because addiction is only for people who like an activity or object... and maybe only a few people are addicted to the headache of understanding the world of trading.

Usually they look too much at the benefits they can get, so they ignore the risks they can get too, and even the risks are very big. Chasing something that has a very big risk is where the mistake lies, so they don't apply financial management and others.

I understand that everyone wants profit, but we also have to be able to adjust to how much risk we can bear. Many people end up forcing themselves, and from forcing it, something even more serious happens that can disturb our mentality.

that is the function of risk management in trading, because we understand that in trading we will be faced with great risks, especially daily trading. but if we experience failure and stop learning is a bad thing, we should continue to learn to train skills and improve analysis so as not to experience similar failures. because a professional trader does not give up easily and will always try to achieve success.
We must take the smallest risk so as not to lose, although people say the greater the risk the greater the profit.