What is the main reason why you trade

[bitterguy28]

If you are trading, it doesn't consume so much time and it very accessible at any place even you are travelling as long as there's an internet connection. That's what I think the reason why people trade. But unfortunately, most traders failed because they're not ready enough to face the struggles in their trading journey.

i would agree with trading being accessible however i would not exactly say that it doesn’t consume much time because most traders i know have quit their day jobs to focus on trading because it requires a lot of their attention the market doesn’t close nor open on specific periods of time so the right time to buy/sell might come any time and so you need to be alert at all possible times

it’s very consuming when it comes to time and space in your mind but the good thing is you can work from home or anywhere you want

[milewilda]

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?

We would be all lying if we do  trade just for the sake of fun or whatever reason it would be aside from making money? We are all trying to deal up with a speculative market
just to make profits and this is something that we would really be that prioritizing on what we do make up some trades. It will really be that understandable because we are
all thriving to make profits with the volatility of this market on which this is something a very normal approach to have on dealing up with this space. There are really just
that people who do easily believe that they could do it without any issues not until they would be slapped by the reality and make out those words that they shouldnt have been careless.

[enoch_from_off]

If you are trading, it doesn't consume so much time and it very accessible at any place even you are travelling as long as there's an internet connection. That's what I think the reason why people trade. But unfortunately, most traders failed because they're not ready enough to face the struggles in their trading journey.

i would agree with trading being accessible however i would not exactly say that it doesn’t consume much time because most traders i know have quit their day jobs to focus on trading because it requires a lot of their attention the market doesn’t close nor open on specific periods of time so the right time to buy/sell might come any time and so you need to be alert at all possible times

it’s very consuming when it comes to time and space in your mind but the good thing is you can work from home or anywhere you want

Totally. It's important to remember that if you want results - you should work hard, and put much effort into it.
Otherwise, don't think about it in terms of a good profit or changing your life - it's not a magic wand. The market is cunning and cruel to newbies especially.

[smartaction]

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?

Everyone trades with the hope of profit and no one ever wants to lose money. Losing trades lose money and they try hard to recover the loss and sometimes succeed. Some people are addicted to gambling and some are addicted to trading.  But there is a risk of loss in trading, but there is a big difference between the two. Sometimes it is possible to gain a huge amount of money from gambling and sometimes there is a risk of losing all the money. But there is no such risk in trading that you lose all the money.

[luckyledger]

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?

Everyone trades with the hope of profit and no one ever wants to lose money. Losing trades lose money and they try hard to recover the loss and sometimes succeed. Some people are addicted to gambling and some are addicted to trading.  But there is a risk of loss in trading, but there is a big difference between the two. Sometimes it is possible to gain a huge amount of money from gambling and sometimes there is a risk of losing all the money. But there is no such risk in trading that you lose all the money.

..If you lose stop losses, that is.
Otherwise, you are screwed both in trading and gambling sessions alike 

[SmartGold01]

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?

Everyone trades with the hope of profit and no one ever wants to lose money. Losing trades lose money and they try hard to recover the loss and sometimes succeed. Some people are addicted to gambling and some are addicted to trading.  But there is a risk of loss in trading, but there is a big difference between the two. Sometimes it is possible to gain a huge amount of money from gambling and sometimes there is a risk of losing all the money. But there is no such risk in trading that you lose all the money.

Though I have seen someone who is so addicted to trading where he was able to control his emotions and mental thinking that when keep trading and do not succeed the next is to take a break and then restrategized on the best technique to trade excellently than, funding his account and losing them entirely. He do trades on binary options and he wasn't winning as he felt but ended up losing heavily.

[nakmantu99]

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?

Everyone trades with the hope of profit and no one ever wants to lose money. Losing trades lose money and they try hard to recover the loss and sometimes succeed. Some people are addicted to gambling and some are addicted to trading.  But there is a risk of loss in trading, but there is a big difference between the two. Sometimes it is possible to gain a huge amount of money from gambling and sometimes there is a risk of losing all the money. But there is no such risk in trading that you lose all the money.

Though I have seen someone who is so addicted to trading where he was able to control his emotions and mental thinking that when keep trading and do not succeed the next is to take a break and then restrategized on the best technique to trade excellently than, funding his account and losing them entirely. He do trades on binary options and he wasn't winning as he felt but ended up losing heavily.

I also have a friend who is addicted to trading and always focuses on doing daily trading by always practicing to have good skills and expertise in trading. Can plan a good strategy and make fundamental and technical analysis to support the strategy he planned. and it cannot be mastered quickly and must require long experience and always learn from mistakes.

[|MINER|]

I also have a friend who is addicted to trading and always focuses on doing daily trading by always practicing to have good skills and expertise in trading. Can plan a good strategy and make fundamental and technical analysis to support the strategy he planned. and it cannot be mastered quickly and must require long experience and always learn from mistakes.

I think we all have one or two acquaintances who are as addicted to trading as gambling.
I also have a known person but like your friend he did not do well his loss is more than his profit. The main problem of the person I know is that he has not yet fully mastered the trading analysis skill, even then he is investing and he is not only spot trading but he is also trading future. The result is that he is constantly increasing the amount of his losses. I have repeatedly warned him and told him to learn analysis first then go to trading but he went straight to investment without trying demo trading or anything else. As a result he is now addicted to trading like gambling.

[SmartGold01]

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?

Everyone trades with the hope of profit and no one ever wants to lose money. Losing trades lose money and they try hard to recover the loss and sometimes succeed. Some people are addicted to gambling and some are addicted to trading.  But there is a risk of loss in trading, but there is a big difference between the two. Sometimes it is possible to gain a huge amount of money from gambling and sometimes there is a risk of losing all the money. But there is no such risk in trading that you lose all the money.

Though I have seen someone who is so addicted to trading where he was able to control his emotions and mental thinking that when keep trading and do not succeed the next is to take a break and then restrategized on the best technique to trade excellently than, funding his account and losing them entirely. He do trades on binary options and he wasn't winning as he felt but ended up losing heavily.

I also have a friend who is addicted to trading and always focuses on doing daily trading by always practicing to have good skills and expertise in trading. Can plan a good strategy and make fundamental and technical analysis to support the strategy he planned. and it cannot be mastered quickly and must require long experience and always learn from mistakes.

Spot trading is actually very easy unlike the binary trading or forex trade, there are lots of people who has been trading crypto but can't trade on forex market, and they can't also trade on binary options as well due to higher volatility of the market.
So trading differs and there risk level also differs from each of others as well.

[vegasus]

I also have a friend who is addicted to trading and always focuses on doing daily trading by always practicing to have good skills and expertise in trading. Can plan a good strategy and make fundamental and technical analysis to support the strategy he planned. and it cannot be mastered quickly and must require long experience and always learn from mistakes.

I don't know if it is included as addicted when really entering into trading and as a professional trader? because usually, they make trading as their professional activity and job, so they will do it with all their heart, I have some friends who are totally in trading because their job is trading, full time trading, and they are not addicted to trading, because it does make money and change their lives, but they can still manage everything well, and know when or when to trade.

[sagarmota10]

For me I would like to early retirement from my job life as we know from job we can't be a rich 🤑 so my first priority is like to be a wealthy so I can live my life freedom.

For that reason I choose trading or investing for fullfill my dreams.

[Captain Corporate]

Addiction and professional job doesn't have to be separate things, you could have both of them at the same time. I mean your job could be your addiction as well. Not all addictions are bad addictions, people do not realize this but the meaning of addiction is doing something constantly and feeling terrible when you don't. So something as healthy as walking 30+ minutes a day could be an addiction if you feel horrible when you don't, like as in the day is ruined if you don't type of mentality means its addiction, doesn't have to be for a bad thing. If trading is an addiction to you, then you could be a terrible trader losing a lot of money or a professional one making a lot of money and we can both consider them addictions.

[SmartGold01]

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 think everyone trades to make profit. But if someone loses here, he tries to recover his previous losses and make a new profit, and the profit he makes, he tries to make more profit, due to which trading becomes a daily routine for them. And when a person spends time on a subject continuously for two to three months, he cannot forget it afterwards. The same happens with gambling and trading. Due to which a person who trades for a long period of time becomes addicted to it. And he can't quit trading even if he makes huge losses. These are common issues.

At this point we can say that person has gotten addicted to trading and of course addiction is just something that most doesn't know how it easily comes while trading. Even those who got addicted while gambling doesn't know they are gradually getting addicted while gambling and when they noticed it would be very late for them to make an adjustment or changes from their previous attitudes. Most times we need to take a proper check of our trading lives and characters to know whether we are absolutely right or deviating from our previous lifestyle.

[pieppiep]

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 think everyone trades to make profit. But if someone loses here, he tries to recover his previous losses and make a new profit, and the profit he makes, he tries to make more profit, due to which trading becomes a daily routine for them. And when a person spends time on a subject continuously for two to three months, he cannot forget it afterwards. The same happens with gambling and trading. Due to which a person who trades for a long period of time becomes addicted to it. And he can't quit trading even if he makes huge losses. These are common issues.

At this point we can say that person has gotten addicted to trading and of course addiction is just something that most doesn't know how it easily comes while trading. Even those who got addicted while gambling doesn't know they are gradually getting addicted while gambling and when they noticed it would be very late for them to make an adjustment or changes from their previous attitudes. Most times we need to take a proper check of our trading lives and characters to know whether we are absolutely right or deviating from our previous lifestyle.

Indeed trading addition is possible without noting it, and often this is similar to violating the gambling addition, when a man becomes too involved into this process. We need to take time to review our trading behaviour and ethical standards once in awhile. They allow us to recognize faster whether we are starting to rely solely on trading and when emotions like, for instance, fear or greed are taken to the forefront. If we admit there are signs of possibly being an addict such as having the urge to trade or going after losses then it is high time we stepped back and analyzed our plan and mentality. Here, we have laid measures such that the social flow of trading remains a balanced and healthy one between work and trading.

[UNIVERSE]

I also have a friend who is addicted to trading and always focuses on doing daily trading by always practicing to have good skills and expertise in trading. Can plan a good strategy and make fundamental and technical analysis to support the strategy he planned. and it cannot be mastered quickly and must require long experience and always learn from mistakes.

Is someone like him called an addict? If you think in that way, every day trader will be called as addict. I think he isn't addicted, he is a true day trader. As long as someone can trade in the right way, he isn't an addict but a trader who do his job in a proper way. Someone is called as an addict if he is starting doing something illogically. In my opinion, your friend is a professional trader, he has good ability as a day trader.