Forex , its addiction ?

[Ricky Rk]

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 ?

 

[RainbowRain]

And why do many people continue to go to casinos, despite the fact that they have already lost there many times??? That is why there are gambling addicts on Forex who do not learn any lessons from their wrong actions and just think that next time they will definitely win)).

 

[Aaron_0]

It’s true that Forex is an addiction but make sure we are properly utilizing this addiction because without producing profit, we can’t survive in this market for a longer period of time.

 

[RainbowRain]

Due to the high liquidity and volatility of forex, traders may begin to see it as a way to make quick and big profits. Therefore, some traders become addicted to this idea and constantly try to earn a lot and quickly, not paying attention even to periodic large losses.

 

[Claude]

And why do many people continue to go to casinos, despite the fact that they have already lost there many times??? That is why there are gambling addicts on Forex who do not learn any lessons from their wrong actions and just think that next time they will definitely win)).

It’s the allure of quick wins and the hope that “next time” will be different. Unfortunately, the same mindset can lead to repeating mistakes in Forex. The key is understanding risk, managing emotions, and learning from every trade to avoid that cycle.

 

[RainbowRain]

It’s the allure of quick wins and the hope that “next time” will be different. Unfortunately, the same mindset can lead to repeating mistakes in Forex. The key is understanding risk, managing emotions, and learning from every trade to avoid that cycle.

You should eliminate excitement from your trading, which leads to making emotional and impulsive decisions rather than based on logic and analysis, which in turn very often leads to big losses.

 

[Elijah_0]

Indeed forex is an addiction for me and I don’t see it negatively because it inspires me to learn the market more and I hope will be great for me.

 

[RainbowRain]

Indeed forex is an addiction for me and I don’t see it negatively because it inspires me to learn the market more and I hope will be great for me.

I don't see anything bad in it either, especially when this "addiction" gives you the opportunity to earn money)).