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AMIDST ALL HYPE: STOCK MARKET SCAM AND HOW TO AVOID THEM
With all the prices going high these days, people would instantly grab the opportunity on anything that will make them earn money. And this is basically where fraudulent people take advantage of. Today, there are many scams as there...

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Home:
"Addicts in the Stock Market"



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What makes gambling so addictive? Easy. Quick and easy profits.

What makes the stock market addicting? Easy. See answer above.

Although stock trading and gambling have as many disparities as they have commonalities, the comparison is entirely legitimate. Both deal with playing with money and both deal with risks. Both also have hope and fear components which often lead to addiction.

According to Paul Ashe, president of the National Council on Problem Gambling, the most gambling performed in the world is performed in the stock markets.

The active investor's addiction to trading is as strong as any form of addiction. Like gambling, active investing can be extraordinarily exciting for investors who, in turn, get carried away by winning.

Even medical studies confirm the release of the chemical, dopamine, when presented with the opportunity of a rising stock. The powerful allure of monetary rewards leads to the overwhelming urge of trading stocks.

It has been shown through brain imaging studies that the human brain treats the prospect of big profits the same way as the addictive nature of gambling, alcohol, drugs and other addictions.

So what specifically makes stock trading addicting? The reasons may actually be a lot more and may differ from person to person but the

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 Forex trading?

Forex trading refers to the buying and selling of the currencies of different nations, i.e., one currency is bought and another sold at the same time. A Forex deal involves profit when you sell a currency at a price higher than what it cost you to buy.

Foreign Exchange market is the largest liquid financial market in the world in terms of the turnover it yields daily. The highest turnover ever recorded estimated at around $2 trillion in a single day.

Click here to read more!
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Forex from Home
You can trade Forex from home with relative ease. Trading Forex from home is one of the most popular ways day traders and small investors are able to reach their investment goals from the privacy and comfort of their own home. If you are...
following can be considered true with most cases.

a.) Control. Investors appreciate the control they have over their situation and the freedom of making decisions for themselves in terms of trading and buying stocks.
b.) Excitement. Like gambling, trading provides a certain level of excitement by making decisions and risks for the sake of a good return in investment. The more risk they take, the bigger potential for profit, the greater excitement it gives.
c.) Easy return of profit. Casino gambling, lottery, raffle draws provide people a quick and easy way of earning money with minimal effort. This is true for stock trading as well.
d.) Game. Active investors see trading as a game. It has entertainment value, a means of passing time, and the component of winning and losing.
e.) Perpetuation. The problem with addictions such as gambling and active trading is the pitfall of perpetuation. As investors earn more profit with every stock trade, the more they are encouraged to continue trading, and at times investing more and more money. And with every loss, there is the desire to reverse the loss by intensifying their trading.

Investing via the stock market is a good way to grow your finances. But this should be coupled with the responsibility of keeping yourself in check before you cross the line into addiction.

 

Today's #1 Resources

The Forex Market
The Forex market is an incredible market to trade currencies. Forex stands for foreign exchange and the Forex market is the largest financial market in the world. The Forex market trades close to 2 trillion dollars each day and since...

"Reporting the Stock Market"
The stock market is a wonderful place to play with your money. A good investment can change your finances so drastically; you will have a hard time recognizing it yourself. At the same time, a small mistake can actually cost you more than...

 

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Asian stock markets were little moved in early trading Wednesday after investors in the U.S. seemed to pause and look back on a year of recovery from the market's 12-year lows.
A year after the stock market began its comeback from 12-year lows, investors are looking for the next big thing.
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