Take a Break from Prediction Markets
Making risky trades on the future? Get help from a licensed counselor who can help you regain control and balance in your life.
Trading on prediction markets can be fun at first. It’s novel and immersive. But that can quickly change if you feel like you need to research endlessly, stay on top of news cycles, or if you feel like you simply can’t stop emotionally or mentally engaging.
If your relationship with prediction markets is leaving you feeling anxious, depressed, or burdened by cognitive fatigue, we can help you regain control by providing the tools and strategies you need to take a break.
Get private, nonjudgmental treatment online from specialized counselors for behavioral health
If you have cultivated an unhealthy habit or relationship with trading platforms like prediction markets, the first thing to know is that you are not alone.
For individuals who are ready to speak with someone, Kindbridge can connect you with a licensed therapist within 24 hours. The best part is that the first appointment is free.
Also, we've got the insurance part handled. We bill directly to Cigna, Aetna, Optum, BlueCross BlueShield and Tricare.
Getting started only takes a minute.
Book AppointmentWhy choose Kindbridge
We understand the emotional and cognitive stress that can come with compulsive behaviors. The apps on our phones give us 24/7 access to the markets, which many people find tough to resist. With prediction markets, the harm comes from over-engagement with analytical processes, information cycles, and the emotional stakes tied to being ‘right.’ The consequences go beyond financial loss by weighing on one's behaviors / daily routines, cognitive and emotional well-being.
Here are a few ways people feel when they are caught in a negative behavioral pattern related to trading:
Cognitive Overload / Decision Fatigue: Constantly refreshing market data, or feeling anxiety about missing market-moving news
Portfolio Distortion: Concentrating too heavily on a few outcomes, or escalating positions after volatility (routinely buying the dip, etc)
Behavioral Disruption: Persistent rumination on market movements, second-guessing decisions to the point of anxiety, or canceling plans to follow news cycles
Functional Impairment: Reduced productivity, neglecting responsibilities, sleep disruption, and obsessive analysis patterns
We can help you get your life back under control. We offer specialized counseling in a telehealth format which is tailored just for you. Our licenced counselors get you reorientated by helping you:
Change harmful thinking and behavioral patterns
Repair broken relationships
Create habits that restore balance in your life
Set goals that give you purpose
How it works
Therapy may seem daunting, especially if you have never had it before. But Kindbridge’s specialized approach means that you are guided through treatment and recovery from your first contact with us.
How do I know I have a problem?
Some individuals don’t feel like they have a problem at all, whereas others recognize the problem yet struggle to get things back under control. Since everyone is different, we’ve created a 2-minute test that might indicate whether you have a problem trading habit. For family members who think there is a problem but aren’t clear about the signs, we’ve also created a separate test for you.
Test for Individuals
Get StartedTest for Family Members
Get StartedWatch: Demystifying Therapy - Guide to treatment and why it works.
Many individuals are afraid of seeking help, and what it all means when they do. What am I admitting to? Will it work? What if I am a lost cause? But therapy is truly about uncovering the root cause of a problem, and taking steps towards regaining control of your life.
Difference Between Sports Betting and Sports Trading | A Mental Health Perspective
Online sports betting is a recognized form of gambling in which an individual registers with an online sportsbook and wagers money on outcomes or specific aspects of sporting events. Online sports trading involves buying and selling positions on either/or outcomes of specific sports events, similar to how stocks or commodities are traded on financial markets.
In this post, we break down the emergence of both products and discuss the potential mental health impact of Prediction Markets in America.
Learn: Addicted to Trading Stocks? 5 Signs it’s Time Seek Help
For most people who invest in the stock market, trading is something they do either recreationally or professionally without any adverse consequences.
However, some people are unable to control their financial activities and exhibit the same risky behavior as gambling addict.
