Answer the following questions and count how many yes answers you have:
1. Did you ever lose time from work or school due to trading?
2. Has trading ever made your home life unhappy?
3. Did trading affect your reputation?
4. Have you ever felt remorse after trading?
5. Did you ever trade to get money with which to pay debts or otherwise solve financial difficulties?
6. Did trading cause a decrease in your ambition or efficiency?
7. After losing did you feel you must return as soon as possible and win back your losses?
8. After a win did you have a strong urge to return and win more?
9. Did you often trade until your last dollar was gone?
10. Did you ever borrow to finance your trading?
11. Have you ever sold anything to finance trading?
12. Were you reluctant to use "trading money" for normal expenditures?
13. Did trading make you careless of the welfare of yourself or your family?
14. Did you ever trade longer than you had planned?
15. Have you ever traded to escape worry, trouble, boredom or loneliness?
16. Have you ever committed, or considered committing, an illegal act to finance trading?
17. Did trading cause you to have difficulty in sleeping?
18. Do arguments, disappointments or frustrations create within you an urge to trade?
19. Did you ever have an urge to celebrate any good fortune by a few hours of trading?
20. Have you ever considered self destruction or suicide as a result of your trading?
I took these questions form the GA website (switched the word gamble for trade in each question) where they say that if you answer yes to 7 or more then you have a problem with compulsive gambling - in this case trading. I did this test today as part of the Van Tharp Peak Performance course where he goes on to say that the real figure is more like 12/20....which made me feel better because I scored 9/20
Are you losing consistently through overtrading, revenge trading and taking excessive risk?
Do you need to be in the market all the time because you are addicted to the action?
Are you a successful trader who has overcome this problem and if so how did you do it?
1. Did you ever lose time from work or school due to trading?
2. Has trading ever made your home life unhappy?
3. Did trading affect your reputation?
4. Have you ever felt remorse after trading?
5. Did you ever trade to get money with which to pay debts or otherwise solve financial difficulties?
6. Did trading cause a decrease in your ambition or efficiency?
7. After losing did you feel you must return as soon as possible and win back your losses?
8. After a win did you have a strong urge to return and win more?
9. Did you often trade until your last dollar was gone?
10. Did you ever borrow to finance your trading?
11. Have you ever sold anything to finance trading?
12. Were you reluctant to use "trading money" for normal expenditures?
13. Did trading make you careless of the welfare of yourself or your family?
14. Did you ever trade longer than you had planned?
15. Have you ever traded to escape worry, trouble, boredom or loneliness?
16. Have you ever committed, or considered committing, an illegal act to finance trading?
17. Did trading cause you to have difficulty in sleeping?
18. Do arguments, disappointments or frustrations create within you an urge to trade?
19. Did you ever have an urge to celebrate any good fortune by a few hours of trading?
20. Have you ever considered self destruction or suicide as a result of your trading?
I took these questions form the GA website (switched the word gamble for trade in each question) where they say that if you answer yes to 7 or more then you have a problem with compulsive gambling - in this case trading. I did this test today as part of the Van Tharp Peak Performance course where he goes on to say that the real figure is more like 12/20....which made me feel better because I scored 9/20
Are you losing consistently through overtrading, revenge trading and taking excessive risk?
Do you need to be in the market all the time because you are addicted to the action?
Are you a successful trader who has overcome this problem and if so how did you do it?
Anything can happen.
