Are You A FOMO Trader? 8 Things FOMO Traders Say

in #trading7 years ago

FOMO.jpg
8 things a FOMO trader says
If you find yourself among the following points, FOMO trading plays a role in your daily routine:

“I knew it!” – the trader who followed a setup but didn’t take it
“Not this time.“ – the trader who enters too early after a missed trade
“I could have made so much money today.” – trader beating himself up with the benefit of hindsight
“I waited so long for this trade.” – the overly anxious trader stalking a setup with a trigger-finger
“It still has room to go.” – the trader who jumps in late after being too scared to enter first
“I have a feeling…” – the trader reasoning himself into a trade without all entry criteria
“One time.” – the trader in a speculative trade, hoping to get lucky
“I just enter with a small position.” – the trader justifying breaking his rules
http://www.tradeciety.com/fomo-trading-tips

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