what is FOMO?
fear of missing out: buying because something is moving and others are talking about it.
it is one of the behaviours that make traders do worse than they think.
related words
- disposition effect the habit of selling winners too early and holding losers too long.
- revenge trading making a bigger trade right after a loss to win the money back quickly.
- concentration having a large share of everything in one asset, platform, chain or wallet.
part of the topic risk: free articles, more words and the guide.
checked . education, not advice. found a mistake? see corrections.