Forex , its addiction ?

Because of the 24-hour ease, forex trading may be quite addicting. Many traders exhaust their cash in eagerness to make more in a short period of time, which is often regarded as an easy way to success.
 
Addiction is exceeding of something, actually not good, just like being addicted to playing game, I read news many young hospitalized because face psychological disease, we need to take a rest to keep healthy
 
radex78 said:
Addiction is exceeding of something, actually not good, just like being addicted to playing game, I read news many young hospitalized because face psychological disease, we need to take a rest to keep healthy
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Yes, you are addiction of forex trading may harm our health conditions and we may not trade in the long term because of health issues.
 
Paroult80 said:
Yes, you are addiction of forex trading may harm our health conditions and we may not trade in the long term because of health issues.
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Yes, the trader needs to treat trading scheduled, healthy is expensive, although forex market open 24 hours mean money never sleeps, as human we need sleep, using FXOpen, I am mostly trading on London session overlapping Newyork session.
 
radex78 said:
Yes, the trader needs to treat trading scheduled, healthy is expensive, although forex market open 24 hours mean money never sleeps, as human we need sleep, using FXOpen, I am mostly trading on London session overlapping Newyork session.
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Agree
 
You become addicted to trading when you trade without a plan. If you have your trading plan in place and follow it, there is no chance you will do anything that leads to addiction. Where forex addiction can be expensive and harmful for your trading account, it can have a bad impact on your health too because of your eyes glued to the screen all the time.
 
Financial risks often turn into addictions for most people. When traders lose their money, they become revenge traders and when they make money, they want to take all the money from the market. They need to set their limits and follow their plans.
 
Forex addiction is quite harmful financially and mentally. Well in some cases, it can have adverse health effects too because traders keep sitting in front of the screens for long hours. Easy accessibility, low trading costs, and no rules make it so addictive. Traders need to accept their emotions to be able to handle losses and stress to stop trading from getting into their heads. After all, they have no control over the market.
 
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