Has Day Trading and Online Investing Become the New Obsession?
Updated: 5 days ago
I don't know about you, but trading the stock market can feel super rewarding when that order executes!
It's kind of like playing video games- you just love making it out alive in the game or advancing to the next level.
As you may already know, pleasurable stimuli (including alcohol, drugs, gambling, gaming, shopping, sex, social media, etc.) can all have an effect on the reward center in our brains.
Dopamine, a famous neurotransmitter, is one of the primary drivers of pleasure & reward. When released in the brain's mesolimbic dopaminergic pathways, it triggers a euphoric response in the brain.
How does online investing and day trading trigger a dopamine response?
That's simple, you get rewarded with MONEY when your orders execute, conditioning us to repeat the process. If you remember Pavlov & his dog training, its basic psychology! Classical conditioning.
With a recent public warning by the sergeant general regarding the harms of social media, it's pretty apparent that the rise of online investing & day trading could also become a dangerous addiction (if you don't know what you're doing, that is).
That being said, make sure to understand your risks before jumping into trading with both feet!
BUT, with all concerns aside {for now}, there should be a portion of the population that this doesn't apply to. The ones who take the time to understand & care about the "nitty gritties" behind their investments should be able to have a healthy and disciplined, yet ridiculously fun new hobby. You never know, it could even turn into your next career!
Day trading requires strict discipline and budget limits to be successful without the unhealthy habits.
Stay tuned for more information on investing on your own!
XO Hope
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