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What motivates gambling behavior? Why is gambling addictive? Is your addiction to dopamine affecting your trading? You might have heard of dopamine; this is a opium-kind chemical that is released by our body under certain circumstances. A part of our brain reacts to this and dopamine is released when doing certain activities like eating chocolate, sex, gambling and we can even experience this in risk taking activities. OK.
Dopamine makes gamblers take bigger risks. If we look at trading, we can trade methodically/professionally and we can still enjoy it but there is a fine line between trading and addiction (being addicted to trading in this perspective). Now, don't mistake me, trading poorly is not necessarily trading addiction but its when we start trading for that dopamine - for that buzz that you get from trading and risk-taking.
Platform these days look very attractive with lights flashing all the time encouraging you to trade as often as possible. If you find yourself trading out of boredom or you find you're enjoying placing the trades a little too much that could be a hint that you might have a problem.
The problem with trading is that the markets will take whatever money you're got; irrespective if you have millions or thousands of dollars.
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