PsychologyMembers
Trading Psychology: Beating FOMO and Revenge Trades
beginner·5 min read·Tier 1
The two emotions that wreck more accounts than any bad strategy — and a concrete routine to disarm them.
Your strategy can have a positive edge and you can still lose, because between the signal and the click sits a human being. Two states do most of the damage: FOMO (chasing a move you missed) and revenge (forcing a trade to win back a loss).
FOMO: the fear of missing out
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