FOMO stands for “Fear of Missing Out”
In trading, it’s that anxious feeling you get when you see everyone around you making trades and potentially profiting, and you start worrying that you’re missing out on a big opportunity.
FOMO can lead to impulsive decisions.
You might rush into a trade without proper research, driven purely by the fear of missing out on potential profits.
But remember, the market can be volatile – what goes up might come down even faster.
So, how can you tackle FOMO?
I’ll tell you in the next video and Invest with Passion For Profit
What exactly is FOMO in trading? FOMO stands for “Fear of Missing Out” In trading, it’s that anxious feeling you get when you see everyone around you making trades and potentially profiting, and you start worrying that you’re missing out on a big opportunity. FOMO can lead to impulsive decisions. You might rush into a trade without proper research, driven purely by the fear of missing out on potential profits. But remember, the market can be volatile – what goes up might come down even faster. So, how can you tackle FOMO? I’ll tell you in the next video and Invest with Passion For Profit Bye #fomo#trading#investing#decisionmaking#impulsivity#research#financialopportunities
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Crypto assets are highly volatile. Your capital is at risk.
Don’t invest unless you’re prepared to lose all the money you invest.
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eToro Popular Investor, food lover and blogger. Stock trader and Popular Investor at eToro. I am on a mission to find the best restaurants and food to eat.
