You open the chart, see +15% in an hour — and your brain whispers: "Take it, it will shoot even higher!" Familiar? This is FOMO — the fear of missing out. And if you don’t control it — the market will quickly take your money.
What is FOMO in trading?
It’s the emotional impulse to jump into a trade because "everyone is already in it," the price is rising, and you fear being left out. In crypto, where a 10-20% movement in a day is not uncommon, FOMO is especially dangerous.
How does it work?
You see the pump.
You think you will miss the opportunity.
You enter at the highs.
The market is reversing.
You are realizing a loss.
You repeat.
How to overcome FOMO?
1. Trade by the plan, not by emotions.
You must have a clear scenario: entry — stop — take. No confirmation — no entries.
2. Wait for pullbacks.
The market always gives a second chance. A true pro enters when the crowd is scared, not when euphoria is at its peak.
3. Watch the volumes.
If a pump happens on declining volumes — it is almost always a trap.
4. Compare emotions with facts.
Do you feel the adrenaline and rush? Stop. Check: where are the levels, what signals are there, is there confirmation?
5. Set reminders, don’t chase the market.
Smart traders wait. FOMO traders chase. Who is in profit a month later?
Conclusion:
FOMO is not just an emotion. It’s a trap that the market profits from. Learn to notice it — and you will have an advantage over 90% of newcomers.
Have you fallen for FOMO? Share in the comments — we will create an honest trader mistakes section.