 | #FOMO - or the ‘Fear of Missing Out’ - is a daily obstacle faced by all traders. From jumping into trades too early, to closing trades too soon - FOMO can be a destructive force leading to bad decision-making when not managed properly. The fear of missing out is a phenomenon that occurs naturally in all humans, triggered by emotions such as impatience, greed, insecurity, too much confidence or excitement. Factors such as news, rumours and social media may also contribute to FOMO. [link] [comments] |
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