"The following are the warning signs of a possible online-trading addiction: · You're a thrill seeker and enjoy the challenge of trading as much as â and maybe even more than â making money. · You're a big risk-taker, willing to gamble large sums of money on a few stocks. · You invest heavily on margin and are probably overextended on other credit lines. · You have unrealistic expectations about a stock's prospects for increasing in value and the general direction of the market. · Family members and friends express concern about your trading. · You try to erase your losses by taking bigger risks." http://www.smartmoney.com/onthestreet/index.cfm?story=20010124 The last item is known as doubling up/ averaging losers. People that do that tend to have a gambling problem.
Good points mostly but my family has always expressed concerns about my trading and will undoubtedly continue to do so even when I make more in a year than each of them has made in their entire lives. Some people just can't understand risk taking and think that being a part of corporate america with the pension that comes with it should be the way to go. lol!