Handle trade with care
What is compulsive stock trading?
If you find yourself unable to control online stock transactions and the emotional, financial and social consequences add up, then trading is not a passion. It is simply an addiction. In order to erase yourself as a non-trading addict, you should ask yourself a few questions? Do you like the challenge of trading even more than making money? Are you a big risk taker? Are you prepared to invest large sums of money in a few stocks, depending on the spreads and other lines of credit for investing? Are you resorting to greater risk to wipe out your losses? Is the first thing you do when you get up and the last thing before bed to check your inventory position? Are you betting a large portion of your investment portfolio on a few stocks?
If your answer to these questions is yes, then treat yourself like a victim of online business addiction. Precisely, it is a disease.
I haven’t seen people talk about this kind of affliction, but drug addicts suffering from uncontrollable online stock trading are no less serious than plaguing the gamer who can’t stay away from the game. speaking in the local context i have seen online traders here who do nothing but stay busy trading stocks and their tendencies are compulsive gamblers.
Notably, the situation here is alarming as compulsive online traders are extremely young and are big risk takers and trade heavily on margin (using money borrowed from their brokerage house).