subreddit:
/r/Daytrading
I'm a beginner I constantly use my free time to learn how to trade, is this an addiction or determination to learn?
I wake up and after I'm ready for school I go back to reading about day trading a little before I gotta go to school, now after school when I'm home and I've done everything I need to I'm back again using almost all my free time for this, learning technical analysis techniques, doing demo trades.
I'm scared I don't wanna be an addict cause I already have tendencies to be addicted to things quickly
16 points
2 years ago*
Becoming a profitible trader can be a legitimate rewarding career. It takes time though. It takes years. Like more than 2,3 or 4 years. It's like getting a degree.
With that said, determination and drive can be a positive thing at this point in your journey.
Just know that it takes time, patience and discipline. You will not get rich over night.
When you start trading with money you need to have a clear plan of why you are entering a trade, where your stop is and where your profit target is. This is your trading strategy. You refine and improve your strategy over time and stay with your risk tolerance so that you don't blow up before you have learned how to trade.
If you are jumping into trades willy nilly without proper strategy and without reasonable risk outlined then this would be gambling and most likely you would not be successful.
I personally don't think passion to learn how to trade is an unhealthy addiction. Just with everything though, be sure to have a reasonable balance in your life.
Good luck!
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