The Hidden Cost of FOMO in Trading:
One of the biggest challenges in trading is battling FOMO (Fear of Missing Out).
It’s that feeling when you see a coin skyrocketing, ($SANTOS for example) and you think,
"If I don’t jump in now, I’ll miss out on huge gains."
FOMO can push us to make impulsive decisions, often without doing proper research or considering the risks.
The truth is, FOMO is a powerful emotion that can cloud judgment.
It can lead to buying at the top, selling at the bottom, or entering trades based on hype rather than solid analysis.
FOMO can make it easy to forget about strategy, risk management, or even our long-term goals — all because of the urge to "catch the wave."
What I've learned (and what I try to remind myself) is that there will always be new opportunities in the market.
Staying grounded, doing thorough research, and sticking to a strategy are the best ways to avoid the costly mistakes that FOMO often brings.
Just a reminder — the market rewards patience and discipline. Don’t let FOMO drive your trades; let logic and research do that. Always DYOR!
