Kenneth S_ Jackson

Посмотреть перевод

What is fear of missing out (FOMO) in trading?

FOMO occurs when traders enter trades impulsively because they fear missing profitable opportunities. This often happens during sharp rallies or news events. Acting on FOMO usually results in poor entries and quick losses. Traders can overcome FOMO by sticking to predefined strategies, setting alerts instead of chasing moves, and remembering that new opportunities always arise. Discipline and patience are key to avoiding this psychological trap.