🇬🇧 LEARN TO TRADE EVERY DAY – TRADING PSYCHOLOGY & HOW TO DEFEAT FOMO
💣 FOMO – The Silent Killer of Your Trading Plan
FOMO (Fear of Missing Out) makes you:
- Enter before confirmation signals
- Chase green/red candles and end up buying tops or selling bottoms
- Trade impulsively just because “others are winning”
⛔ The result: Bad entries, tight stop losses, broken confidence
🧠 How I’m training my psychology to avoid FOMO:
1. Accept that opportunities are infinite
→ Missing one trade doesn’t matter – the market offers thousands more.
2. Stick to the “3-step checklist” before every entry
→ No Trend + Key Level + Signal = NO TRADE.
3. Write down the reason for entry before clicking “Buy” or “Sell”
→ If the only reason is “that candle looked big” → skip it.
4. Mute noisy chats – Don’t trade based on other people’s hype
→ Just because someone profits doesn’t mean you need to jump in.
🧘♂️ Bottom line: Discipline is the strongest antidote to FOMO
➡️A perfect entry NEVER comes from emotion.
It comes from preparation, patience, and discipline.
❓Have you ever fallen into a FOMO trap? How did you deal with it? Let’s share and grow together as stronger traders.