Is Forex an Addiction ?

due to overtrading most of the time we the traders lost our equity , actually overtrading comes from emotions.

 

It’s a general rule in life: if you do anything more than enough, it becomes an addiction. To find out, see how it impacts your well-being and mental health. For instance - Have you been consistently losing trades but still trade? That’s something I would call a bad trading habit or an addiction.

 

Addicted traders maybe they willing to spend time all day and forget to sleep, while healthy is more important than money, actually forex trading is a flexible business, traders can make own schedules for trading time.

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Yes. Thank you.

 

If that addiction is good, then it will help you in the longer run. However, if you are overtrading, without any control over your emotions, and risking money, you need to stop and analyse everything.

 

Your addicted to it bcuz you treat the market with gambling mentality, instead of as a business....

 

I think you will set your way to recover your lost trades and you will be overconfident when you win. Forex trading requires a balance. You don't have to trade continuously after winning or losing. A break is recommended.

 

Yes, forex can be addictive, especially for those who make a lot of money right away. But they forget that it’s their beginner’s luck. So, as a trader, you must have knowledge of the market so that you get to know about when and how much to trade.

 

If you’re overdoing anything, it will turn into an addiction. And yes, forex, too, can become an addiction. Imo, traders should step into the market with a mindset so there is always a red line when to stop trading. This will not only save your money, but also your mental health, which you may lose to revenge-trading or overtrading if you become addicted to trading.

 

Forex trading can become addictive even without you being aware of it. It starts with one win where traders feel good and start trading frequently even when he fails he trades and loses a heavy amount.