best strategies for overcoming FOMO

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What are the best strategies for overcoming FOMO in trading and sticking to a plan?

6 hours ago

Original Post

pepkoakrapovikLevel 3 - 101 to 250 posts

FOMO has been my biggest problem as a trader. Living in the US, I constantly see news about market pumps, and I used to jump into trades just because I was afraid of missing out. I finally took the time to learn what is fomo in trading. The article explained why FOMO is so dangerous and how to control emotional trading. It made me realize I need to stick to my plan instead of chasing hype. Now, whenever I feel that urge to rush into a trade, I remind myself of the risks and make sure I have solid reasons before making a move.

6 hours ago

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