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Coping, therapiers, tips... : Is it advisable to start trading on the stock exchange again?

Topic created on 12th Dec. 2019 | Page: 1 of 2 | Answers: 12 | Views: 4,307
Reamon
Hello dear community,

since I was 15 years old I have been fascinated by the stock market. I was able to gain a lot of experience and was also reasonably successful in trading (at least in demo accounts). Unfortunately, I started gambling when I was about 16 and it has haunted me until today. Anyway, my Gambling addiction had a pretty bad effect on my trading on the stock market, because the hour-long analyses suddenly fell away and I was randomly tapping buy or sell every minute. The big losses were already waiting for me and came pretty quickly. After larger losses I left the trading on the stock exchange and only played in the online casino
For some weeks I am now abstinent from gambling and feel useless and empty. Probably everyone who has left an addiction behind knows this. That's why I'm looking for new hobbies at the moment and one of them was definitely trading on the stock market.

Therefore, in the last few days I have been thinking about starting to trade on the stock market again. However, I can't estimate the danger, because it is possible to fall back into my old pattern and I want to avoid that. I would have to work my way back into the topics of money management, limits and analysis.

Right now I'm just pretty hobbyless and that makes me pretty sad. Stock market trading would definitely fill the free time nicely.

I would love to hear your opinions. What would you guys do in my situation?

LG Reamon

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wettibernd
Expert
Hello, I think times a really accurate answer can give you here no man. It depends on you, what type of person are you? Do you see it then mathematically and inform yourself long before you make an investment, in which order of magnitude do you then invest, which period etc. etc.?

To me it sounds like this: Someone wants to fight heroin addiction by drinking 2 bottles of liquor every day. But that's just my opinion.

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Slot-Hunter
Rookie

Right now I'm just pretty hobbyless and that makes me pretty sad. Stock market trading would definitely fill the free time nicely.

It sounds like you are looking for some "action" and the stock market is definitely the wrong place because patience is very very important when trading.

Trading consists mainly of sitting in front of the screen all day and reassessing the numbers and trading as soon as an opportunity arises. This can also be nothing for days.

What kind of stock market trading do you have in mind? Classic stock market trading, CFDs, cryptocurrencies, only exchange or margin, if margin with what leverage etc...?
80% of day traders do not manage to make money with trading.

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K****5
Take a look at the share ITM Power have invested in the share a very high 5-digit amount at 0.7 and it is now at 1.47 . A very interesting and future-oriented share

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Anonym
In a gambling forum ask questions about stock market trading...?

You notice yourself or?

Gambling = fun and wealth destruction
Stock market trading = work and wealth accumulation

After all, you don't go into a butcher's shop of a die-hard butcher and ask for a vegan recipe.

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illmnzi
Rookie
@DanielGambler

More obvious is both this


Gambling = fun and wealth destruction

Stock market trading = work and wealth accumulation

as well as the



After all, you don't go into a butcher's shop of a die-hard butcher and ask for a vegan recipe.

right nonsense.


At the stock exchange one gambles just like at the Roulette table and the butcher comparison is inconclusive (why is asked at all for a recipe, whether vegan or not?)

To the TE:

I would stay away from stock market trading with a Gambling addiction, unless you invest in a fund and stay passive (small returns with low risk). The danger is great that you etztenendes similar action structures build up as in gambling (eg, increase stakes and make much shorter-term decisions, etc.)

I've now fired up Google and found this relatively good Spiegel article (the first part is about Uli Hoeneß and more or less appeases his crimes, please read it from "The exit from addiction").

Good luck with everything furthermore

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Anonym
illmnzi wrote on 01/19/2020 at 8:58 pm


The stock market is gambled and gambled away just like the Roulette table, and the butcher comparison is inconclusive (why is it even asked for a recipe, vegan or not?)

What you write here is real nonsense

Why is asked in a gambling forum at all about stock market trading?

In addition, stock market trading is the complete opposite of gambling if you approach it with calm and foresight. A gambling addict will usually find it quite difficult to approach it properly and will probably gamble to get the kick out of it.

What is gambling in your opinion then if not " Gambling = fun and wealth destruction". Except that it is your humble opinion after nonsense you have not written further to it. Then you can just save yourself the trouble.

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illmnzi
Rookie
I don't quite follow you:

on the one hand you write "stock market trading = work and wealth accumulation" and now you put it into perspective yourself with "... if you approach it with calm and foresight..." and then you confirm me in that you write "... A gambling addict gambler, however, it is usually quite difficult.... and he will probably also there rather gamble to get the kick."

You have yes in your contribution simple equations set up, which are as they stand there nonsense and that is not meant maliciously....
Gambling is not per se wealth destruction and stock market trading is not per se work and wealth accumulation... as I wrote above it can also be a simple investment without excessive trading (eg commodities or funds in which you invest... is in principle also participation in trading).

So sry... you just slap there any claims and introduce the impolite with the following:


Asking questions about stock trading in a gambling forum...?

You notice yourself, don't you?

To see then in your next contribution even that at the stock exchange is gambled.


Do you notice yourself or?



I have no desire to offend anyone here in an online forum, but if a contribution is slapped in here lovelessly on a serious question, then I do not like to leave it so. Because it's rude to the one who created the post...

So the TE legitimately made this post here and it fits wonderfully in a gambling forum, as already pointed out.

That's it for this on my part...

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Anonym
Ahja.

Have also seen in the meantime your contributions and your understanding of RTP. Since then, nothing surprises me anymore. Would suggest we just ignore each other in the future

Whereby I probably do not get old in this forum anyway. Unfortunately, too many nutcases here

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Anonym
Ahja.

Have also seen in the meantime your contributions and your understanding of RTP. Since then, nothing surprises me anymore. Would suggest we just ignore each other in the future

Whereby I probably do not get old in this forum anyway. Unfortunately, too many nutcases here

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