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Options trading in particular is really addicting, like gambling. I’ve had periods where I was completely sucked in, looking at charts and news all day. I will
by pram 4y ago
Options trading in particular is really addicting, like gambling. I’ve had periods where I was completely sucked in, looking at charts and news all day.
I will admit I’ve had thoughts in the past of “I should just quit my job and do this” without any practical consideration as to how sustainable it would be. Not because I thought I would be rich, just because I wanted to trade all day! It’s kind of like being addicted to an MMO lol
- moneywoes 4y agoWhat type did you do?
- spaceman_2020 4y agoI did that too and you’re spot on about how addictive it can be. But I looked at my wins and realized that I had no real thesis and was essentially gambling. Had to quit at that point.
- vineyardmike 4y ago+1 I talked with a “professional” day trader who basically said “write down your strategy on a piece of paper pre-market and the. Paper trade that strategy. If it doesn’t match what you were doing then you weren’t acting like a professional, you were a gambler”.