FOMO (Fear of Missing Out)

You might be experiencing FOMO if you:

1. Feel urgent - You must buy RIGHT NOW or miss out forever
2. Ignore your plan - Entering trades that don't meet your criteria
3. Chase price - Buying after a big move just because it's moving
4. Increase size - Taking larger positions to 'make up' for missed gains
5. Follow the crowd - Buying because everyone else is

Poor Entry Points FOMO usually strikes after big moves, meaning you enter at extended prices with poor risk-reward.

Abandoning Strategy Emotional decisions override your tested trading plan.

Revenge Trading Missing one opportunity leads to forcing the next one, compounding mistakes.

Psychological Damage Losses from FOMO trades can create fear, leading to missing valid opportunities later.

Have a Trading Plan Define your entry criteria in advance. If a setup doesn't meet your rules, it's not for you.

Remember: Markets Always Offer Opportunities The market isn't going anywhere. There will always be another setup.

Focus on Process, Not Outcomes Judge yourself on following your plan, not on individual trade results.

Take Breaks Step away when you feel emotional. Return when you're calm and objective.