FOMO Control
How to catch a falling Knife.
let's assume your $100 trade meets ur long term profit of say 400% yet u feel like the price might still pump higher .
Exactly that shit is Call Fomo. to avoid both regrets of either "adverse-loss" or "not making more money" all u need to do is....
1☝️ Take out profit let's say $300
So ur left with $100; place $60 on spot trading and use the remaining $40 to short the market in a features contract at a leverage of "1".(dude, not more than x one)
that way u Hedge the market, if the fomo continues which will definitely end on day, though! ur features trade got liquidated, u'll still end up with $120 (60×2)
and if it's falls by half, you end up with a total balance of $110(spot: 60÷2=30, features: 40×2 = 80, 30+80=110.
but hey why no allow the falling Knife do what it's known for, that way when the real panic sell arrives u would have enough gain to buy their fears......