QuảnTrịVốn
0 views
1 Discussing
Hot
Latest
See original
FOMO psychology, stubborn traps, and poor capital management – The deadly trio for trader accounts.
#<t-58/><t-59/>#CryptoRegulation #QuảnTrịVốn
FOMO – The fear of missing out on opportunities.
FOMO (Fear of Missing Out) is a common phenomenon that causes investors to jump into trades just because they see prices rising, high volume, and others making profits. They fear missing out on a 'good deal' without a clear strategy. The result is often buying at the peak, selling at the bottom, and accounts evaporating quickly.
Stubborn trap – When the ego is bigger than the wallet.
Many traders after losing a trade often hold on to the losing position or average down against the trend in the hope that 'it will come back.' In reality, the market doesn't care what price you bought at. Failing to accept mistakes and not cutting losses in time turns small losses into account blow-ups.
FOMO – The fear of missing out on opportunities.
FOMO (Fear of Missing Out) is a common phenomenon that causes investors to jump into trades just because they see prices rising, high volume, and others making profits. They fear missing out on a 'good deal' without a clear strategy. The result is often buying at the peak, selling at the bottom, and accounts evaporating quickly.
Stubborn trap – When the ego is bigger than the wallet.
Many traders after losing a trade often hold on to the losing position or average down against the trend in the hope that 'it will come back.' In reality, the market doesn't care what price you bought at. Failing to accept mistakes and not cutting losses in time turns small losses into account blow-ups.
Login to explore more contents