Answer "yes" or "no" to the following statements to see if you may be addicted to online trading:
Do you need to trade with increasing amounts of money in order to achieve the desired excitement?
Are you preoccupied with trading (thinking about it when offline, anticipating your next online session)?
Have you lied to friends and family members to conceal extent of your online trading?
Do you feel restless or irritable when attempting to cut down or stop online trading?
Have you made repeated unsuccessful efforts to control, cut back, or stop online trading?
Do you use trading as a way of escaping from problems or relieve feelings of helplessness, guilt, anxiety, or depression?
Have you jeopardized or lost a significant relationship, job, or educational or career opportunity because of online trading?
Have you committed illegal acts such as forgery, fraud, theft, or embezzlement to finance online activities?
If you answered "yes" to any of the above questions, you may be an obsessive online trader.
Self Test>>>
Do you watch your stocks repeatedly? Sometimes spending hours just looking at the tickers run across your computer screen? Do you stay up at night strategizing your next online purchase? While online trading is an expedient means to monitor the stock market and conduct one?s own online business transactions, it can turn into an addiction quite easily. One gentleman estimated that he spent nearly 16 hours a day between monitoring his investments and researching new stock options. As a result, his work suffered and his wife constantly complained about the amount of time he spent at the computer. While men are more likely to become hooked on online trading, women are gradually gaining momentum because of the ease of online trading. Obsessive online trading has already been reported in major financial and business magazines and this new craze doesn?t seem to be letting up as new sites are rapidly emerging.
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