#TradingMistakes101
The FOMO Trap – How It Drains Your Wallet
FOMO (Fear of Missing Out) is one of the most common mistakes among traders — beginners and even pros.
🔥 You see a coin pumping? You feel the urge to jump in without thinking? That’s a trap.
Why it’s a mistake:
You often buy at the top, right before a reversal.
You ignore your trading plan (if you even have one).
You may panic sell when the price corrects.
🎯 Pro tips:
Always trade with a clear plan (entry, TP, SL).
Learn to wait for your setup.
Build a watchlist and let some trades go — there’s always another opportunity.
👉 Have you ever traded out of FOMO? What did you learn from it? Share below! ⬇️