Let's Talk About Trading Addiction... Time to Be Honest with Yourself

[@carlosmonte9597]

Unfortunately, when you find trading extremely boring is when you are doing it right, it's just another job. Good thing is you are not making your boss rich, you are making yourself rich

[@YAHAWAHWAYAHAWASHI]

Its subjective to the individual

[@pariciashalo1990]

So right my friend so right

[@cantab3878]

Trading can be one of the best mental training methods you can get in life. You learn patience, discipline and perseverance in a hard way, everyday (Well, except market close). Obsession in clicking the buy/sell button is an addiction, but obsession in improving the skills, the mental attributes and controlling one's emotions ultimately will lead to one's SUCCESS! It's a mind game.

[@jakubvalenta5403]

Can tab yes exactly 👍

[@pariciashalo1990]

This is the point we all need to slow down and enjoy the life lessons we are learning in this process 😉

[@aweinfinitebliss]

So true, the personal development and growth process that trading consistently pulls me true was well worth it, opened me up to my higher self. I've simply attributed all my losses to an investments in my personal development. A lot has changed there.

[@lutfarhossain9752]

Futures trading is very addictive. It creates the obsessive compulsive disorder. I lost huge money. Now I am trying to come out from the addiction. At last awareness has come to my mind.

[@ryugurena3327]

I started futures trading in an attempt to make it all back, is this a bad idea?

[@traderslearningbackyard2191]

​@@ryugurena3327 don't do bro

[@ryugurena3327]

@@traderslearningbackyard2191 lol its alright. I actually discovered crypto perpetuals recently. You can go up to 200x leverage and god these things are fucking amazing lol

[@ohmmohmm5891]

@@ryugurena3327 no we got scammed

[@ryugurena3327]

@@ohmmohmm5891 Yeah I definitely regret futures trading. I also feel like I got scammed by the market.

[@jaywilliams279]

I have to be honest...I had a serious addiction to trading, and I would always end up losing huge sums of money on my demo account! Now I use strictly algorithms and the outcome is very different now.

[@jamesmetaldrummer]

The greatest lessons are sometimes learnt the hardest way. Great video Nick!

[@pariciashalo1990]

The Machine . So real thanks

[@jpv1126]

Good video, first one that came up when i searched trading addiction. I am facing something like this myself and want to get a handle on it. Even though its basically common sense to stop, that sense of winning and dopamine high really makes sense. Thank you for this video, it was enlightening.

[@Duomoinitiative]

It's not an easy thing to overcome at all. The first thing is understanding your triggers and what actions you take based on them. I'd recommend looking up exposure therapy and graded desensitisation. ~ Nicholas

[@Max-ot8vy]

I think its super addictive and in my case the problem is that I get less aggressive towards my other careers. with the mindset, well I dont need to make a lot of money in the job market. hence I think its very very very dangerous! Really be aware, its more addictive than anything I came across. and in the end being a trader just does nothing to society and I think the social status is so low, hence I really want to stop! :)

[@TheArtOfTrading]

Cryptodrama never ends! I trade forex for a living and crypto for entertainment haha. Having an addictive personality I can definitely relate to trading obsession/addiction, but I've found that treating it like a business helps because it makes it very boring!

[@432fyahh2]

Thanks bro , this hit home. It’s like im addicted to loosing , shi painful frfr. I’ll take this advice for sure 💯

[@robthetrader9167]

I'm obsessed with trading and lost 20k so far. I am practicing again with the daily timeframe hoping I can check the charts once a day and leave it at that. It's tougher when live money is at steak. Thanks for this video 😊

[@vobser2164]

What’s the confirmation that makes you enter a trade and what deems your take profit point valid?

[@robthetrader9167]

@@vobser2164 I usually follow the trend, look for candlestick patterns to confirm the next direction and look to TP at previous market structure levels, I place my TP just a little lower. Put my SL bit below the last low.

[@mus858]

You are not alone, actually my predictions and analysis are really good but my positions size is destroying and i am fearfull to take the trade when its actually right to take. My point is psychology and position sizing, losing because of these two things

[@Duomoinitiative]

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[@dominicdavimes8347]

Very IMPORTANT message here; much appreciated :)

[@aileencenita1586]

There has to be a balance between passion and addiction to trading..and honestly for me it's a bit challenging

[@raenanguadezable]

same

[@elisauco8666]

In some of your videos you mention books that are not directly related to trading but have some valuable content that can help us be more efficient at it. Would you consider posting a reading list or making a video on that?

[@aweinfinitebliss]

I believe people who jump straight to live accounts like I did are greedy gamblers. I suggest spending time in a demo account and seeing exactly how a strategy works, pros and cons. If you can't win in demo? Don;'t even dare go live you gambler😂. I'm actually laughing at my former self there. How foolish and greedy was I? It wasn't until I went demo I experienced learning. An extreme openness to experimenting, researching and tweaking. Traded demo like it was live. Though I constantly felt the nudge to go live, seeing my failure in demo, while I worked a becoming profitable allowed me to discount the thought. While trading demo I wanted to grow my account, but more entirely I wanted to understand the markets and become a profitable trader. Not having real money on the line, gave me the luxury to learn without feeling pressured. Finally I started seeing results, developed confidence in my methods. And yah, that's the story.

[@User-Tal1951]

loved that removed that super loud song that used to have on the end of the video

[@filmnlnja]

Thank You for sharing this

[@andrewvanness1473]

Great video, I can relate to you with damaging my personal relationships. Oddly enough, if you make enough money, people don't care when you treat them poorly... they will still like you LOL

[@momsmushroomsjodyfoster5786]

Thx that was very insightful. My husband took out a loan against our house for 20,000$ to buy stocks. His idea or hope is the stocks will have our 15 yr. mortgage paid off in just a few years. I think it was a bad idea and I don’t like that he did it even though I was not on board

[@Duomoinitiative]

Very risky! I hope things turned out ok for you. - Nicholas

[@jochemlambers]

If he bought right after the Covid crash of March 2020 then he is a genius! (Even if he bought before, still gained a lot since). It's unacceptable that he didn't consult you. However, us men, we are programmed to throw ourselves on life with everything we got and hope it pays out. We are dispensible. Like in battle. The loser gets killed and the winner gets his spoils. Women tend to not like this, they do not have the testosterone to enjoy the rush of the act of risk taking as much men do.

[@futuretrading1422]

Great video bro and good topic but when everybody starts learning and trading from the start everybody has that bus and that adrenaline Rush when you trade but when you realise what is trading and you create a plan for yourself all of that disappears and then you are left with passion for trading not addiction!

[@pariciashalo1990]

Jan lulu I dream of that day

[@futuretrading1422]

Patricia Gray the more you do the more you learn invest your time and do it every day that's how I did it!

[@alwayssporty8102]

@@pariciashalo1990 hey are u still dreaming?

[@pariciashalo1990]

The dream is becoming a reality

[@alwayssporty8102]

@@pariciashalo1990 congrats bro.

[@nazywamsie2304]

Nice rhetorics 👌

[@khuplian3891]

Trading addiction is what causes me losing money

[@marindahaywood1487]

How do you get someone to agree they have a trading problem

[@5065ca]

my buddy constantly trades forex even though he LOSES his money...I don't understand him...

[@MrGregiry]

Should've quit while I was Way ahead. Then thunderbolt hit, took me & a million others out. Happened before, but not like this.maybe I'll learn this time.

[@samkelobukhosibakhe1895]

All the way from South Africa.. I look up to you👊

[@ryugurena3327]

The way I see it, I already lost everything so I might as well keep gamb- I mean trading whatever money I can scrape together

[@ohmmohmm5891]

No i would have never gone into a casino to gamble. Wish on my life i never worked that job where those crypto rat bros got me into it

[@ryugurena3327]

@@ohmmohmm5891 This made me chuckle.

[@ryugurena3327]

@@ohmmohmm5891 Also you should have placed a max leverage long on bitcoin using your entire life savings. wtf is wrong with you

[@francisalatak]

So on point, and timely, cheers

[@azarzoher983]

shared with all traders friends thanks man

[@musicforlife5085]

please create more quick videos its really motivate & guide us..............

[@anonymouswolf2473]

Thanks for such great video

[@tarekgf]

Well said 👍

[@reymante1282]

I have probs on trading that is theres a time im gonna felt so boring when analyis the market.

[@devangpanchasara1151]

Person addicted towards work for higher position/promotion/profit is called a WORKAHOLIC person addicted to earn more via trading in markets is as Addicted to trading? Isn't this a hypocricy?

[@JohnDoe-zz7on]

No. Both are bad addictions.

[@UnitAlir]

@@JohnDoe-zz7on Agreed. Your life should have balance either way. In the case of trading, it's extremely addictive

[@profyt7199]

i cant stop clicking the button. i hate it. i hate myself. i have to close my bank accounts

[@pariciashalo1990]

Thank you so much. I have had to take a break and have not looked at chart till yesterday. I feel more in tune now with how I feel than I was trading for over 7yrs straight. Thank you. Nick x

[@AlexHall9495]

Good video...

[@hulisanisiphugu3327]

Second as Usual

[@michaelinzo]

I don’t leave my house anymore cause i know i will be a millionaire someday in Forex. I’m greedy af

[@alternateinnovation]

Are you now?

[@michaelinzo]

@@alternateinnovation no bro, not leaving the house is just dumb and stupid af, and greed is a disease like cancer it eats your cells just like it eats your money!

[@alwayssporty8102]

@@michaelinzo looking at ur comment seems like u lost ur money.

[@michaelinzo]

@@alwayssporty8102 no shit everyone lose money in the trading industry, you either win more than you lose in the game.

[@donnab6995]

I have a terrible addiction. I just lost $200K and have a severe anxiety problem and depression. Very bad and will likely kill me.

[@Duomoinitiative]

I’m very sorry to hear that Donna. Do you want to talk about it? If so feel free to email me - [e-mail] it must feel awful right now, but things will get better. This doesn’t have to define you and your life.

[@jaymesyounger1173]

Donna, I'm in a similar situation. Completely demoralized.

[@PinkPoo]

Poo

[@omerabdalaziz8593]

first as usual :-)