From Forbes Magazine
forbes.com
Day Trading
Do you sit around in your underwear staring at stock charts, profit projections and instantly updated quotes? Is this behavior ruining your marriage and/or your
bank account? Then you had better take this test.
Are You an Addict?
1. I am preoccupied with daily information about my trades or I am preoccupied with thoughts of past and future trades.
2. A major reason I trade is to escape worries, pressures, anxiety, depression.
3. I experience extreme highs when I win and extreme lows when I lose.
4. I feel uncomfortable with accumulated cash in my account and have an urgent need to keep it in action.
5. I am restless or irritable when unable to trade. For example, when short of money, away on vacation or trying to cut back.
6. I need to increase the amount traded to maintain the high or the excitement.
7. My investments or trades are increasingly speculative or risky.
8. I have more money at risk in the markets than I can afford to lose.
9. I often engage in high-volume trading, to outguess the direction of the market.
10. My trades are highly leveraged.
11. I do not open brokerage statements to avoid having to think about my losses.
12. I borrow money from family, friends, credit cards or other sources to trade.
13. I have not yet paid back the money.
14. I have had someone else provide money to relieve a trading crisis.
15. I have lied to hide my trading or how much money was involved.
16. When losses pile up, I increase my bets in an effort to recoup the losses.
17. I want to stop trading but do not think I can, or I am unsuccessful when I try to control, cut back or stop.
18. I risk losing or have lost work, family or other commitments by dint of the time and money taken up by my trading.
19. I committed an illegal act to get money to trade or to pay back a loan for my trading.
20. I wonder whether I am gambling excessively in the markets.
Scoring your YES answers:
0 - No gambling problem
1 or 2 - Possible future problem
3 or 4 - Mild current problem
5 or 6 - Moderate current problem
7 or more - Severe current problem
Source: Connecticut Council on Problem Ga |
