She was a rising trader — confident, active, always chasing the next big move.
Last night, she spotted a meme coin up 800% in 24 hours.
No research. No patience. Just pure FOMO.
Without hesitation, she threw in $10,000 at the top.
She was sure it would keep going.
But the hype faded — fast.
Within minutes, whales dumped their bags.
The coin tanked 70%. Her portfolio? Obliterated.
She didn’t check the chart.
She didn’t set a stop loss.
She didn’t think — she reacted.
The mistake?
She chased green candles without a plan.
She gambled — not traded.
Here’s how to avoid this trap:
1. Never Chase Pumps
If a coin has already pumped 300%+, wait for a retest or cooldown. Don’t buy into a parabolic spike — that’s exit liquidity for others.
2. Always Set Entry Rules
Use indicators. Set alerts. Wait for confirmations.
Let the chart invite you — don’t force your way in.
Her $10K loss wasn’t bad luck. It was bad discipline.
You don’t need more trades — you need better trades.
Have you ever fallen into the FOMO trap? Let’s discuss below 👇💬
#CryptoMistakes #FOMOTrading #RiskManagement