Abbreviation for: #FOMO
Fear Of Missing Out
Means: the fear of missing an opportunity
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💣 The Danger of FOMO:
🔹Entering after the movement has ended (often near the peak).
🔹Buying at a high price without an exit plan.
🔹Entering with a large capital out of excitement.
🔹Getting caught in violent corrections that cause quick losses.
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🧠 How to Protect Yourself from FOMO?
🔸Your plan before your screen: Do not enter any trade without a clear plan.
🔸Watch the price, do not chase it: Let the market come to you, do not chase it while you are confused.
🔸Understand that opportunities do not run out: The market has millions of opportunities, and today you missed one, but there will be another tomorrow.
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