She was a rising trader โ 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 โ fast.
Within minutes, whales dumped their bags.
The coin tanked 70%. Her portfolio? Obliterated.
She didnโt check the chart.
She didnโt set a stop loss.
She didnโt think โ she reacted.
The mistake?
She chased green candles without a plan.
She gambled โ not traded.
Hereโs how to avoid this trap:
1. Never Chase Pumps
If a coin has already pumped 300%+, wait for a retest or cooldown. Donโt buy into a parabolic spike โ thatโs exit liquidity for others.
2. Always Set Entry Rules
Use indicators. Set alerts. Wait for confirmations.
Let the chart invite you โ donโt force your way in.
Her $10K loss wasnโt bad luck. It was bad discipline.
You donโt need more trades โ you need better trades.
Have you ever fallen into the FOMO trap? Letโs discuss below ๐๐ฌ
