The key to profiting from FOMO emotions in the short term lies in: timely intervention, decisive exit, and effective impulse control.
First, this requires you to be able to identify potential investment opportunities before most people, which requires keen market insight and accurate judgment.
Second, it means you can quickly perceive signs of an overheated market and make rapid adjustments, avoiding excessive greed, and having effective profit-taking and stop-loss strategies.
Finally, when market sentiment reaches extremes, you are able to remain calm and avoid blindly following the crowd, which requires excellent position management skills and risk control awareness.
Individuals who can master these three abilities are very rare in the market, and those who possess these abilities often achieve significant success.
