DON'T FOMO – DON'T BREAK DISCIPLINE
⸻
FOMO (Fear Of Missing Out) is the most common trap that causes traders to lose money.
Here are 4 reasons you absolutely should not FOMO:
⸻
1. Price has already run, high risk
• When the price pumps strongly, the probability of a reversal increases.
• Those who enter late often end up being the ones holding the top.
⸻
2. Volume often weakens
• A true breakout needs continuous volume to sustain.
• If volume is weak, FOMO only brings risks to you.
⸻
3. Psychology influences decisions
• Trading based on emotions ➔ Easy to make mistakes.
• Trading based on technical signals ➔ Much safer.
⸻
4. Lack of a plan, easy to lose control
• FOMO makes you unprepared for entry points and stop-loss points.
• When the market reverses, you won't have time to react.
⸻
✅ Remember:
“There is no opportunity that is the only opportunity.
Missing one good trade is better than losing capital due to FOMO.”
⸻
#Crypto #FOMO #SpotTrading #BTC #ETH #BNB #RiskManagement #BinanceSquare