Forex , its addiction ?

[snowman80]

...what trading is really all about.

i would like to hear about your current perspective on what trading is about

cheers

 

[Devin larrson]

i have been trading into Forex for a long time , honestly speaking i am not a complete profitable trader but i trade most of the time, this topic is very similar to me.

Just keep going!

 

[padutrader]

market always follows its own style.

yes and we have to recognise that

i have learnt to recognise when it is a range and i make all my money in that.

so i am happy if it does not trend

 

[JimmyChoo]

thank you guys, you all participate in this topic and shared your opinion. its really a nice experience.

 

[Ahmed Solaiman]

from last couple of weeks i am trading with gold , and the result is very good , there is anyone who can trade still gold pair ?

 

[JimmyChoo]

thanks to all guys. i already got the answer i needed. i really surprised and grateful because so many seniors and traders participate in my topic. thanks again.

 

[Coner1980]

I think Forex is not addictive but people fail again and again in Forex and try to recover their loses in the next trades so involved in greed and face more losses and continue.

 

[Elly9]

I think Forex is not addictive but people fail again and again in Forex and try to recover their loses in the next trades so involved in greed and face more losses and continue.

Yes, its like a circle and each action motivates a person (positively or negatively) to trade again. Emotions take a toll and that's when we realize that we have become addicted to forex trading.

 

[ElectricSavant]

In the field of psychology, the Dunning–Kruger effect is a cognitive bias in which people with low ability at a task overestimate their ability. It is related to the cognitive bias of illusory superiority and comes from the inability of people to recognize their lack of ability. Without the self-awareness of metacognition, people cannot objectively evaluate their competence or incompetence

Never ending Dunning-Kruggering....

 

[ElectricSavant]

Sadly, it is an addiction for me....so why not make the best of it?

i have seen so many traders in my life who already lost huge amount of money in Forex with long time , but still doing trading , really i feel surprised and think always this place actually really an addiction ? why people cant ignore Fx after making huge losses ?