FOMO
a.k.a. Fear of missing out
The candle is green, the chat is screaming, and your finger is already on the buy button.
In plain English
Fear of missing out: the urge to jump into a trade because price is moving fast and everyone else seems to be getting rich.
FOMO is the itch you feel watching a chart rocket without you. It pushes traders to buy late, after the easy part of the move is over, often right before a pullback.
The fix is boring: a plan written before the market moves. If the trade was not in your plan, missing it costs you nothing.
Don’t be that stickman
Chasing a move that has already run, with no stop and a position size picked by excitement.
Keep this word for good
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