How to avoid FOMO (Fear of Missing Out)in your trading

Whenever you catch yourself thinking about your current P&L during a trade.

How much you or others have been making or losing in your trading, you need to pause.

You just need to ask yourself one simple question before entering any trade: What is my risk to reward in this trade?

If you cannot identify a good risk to reward, then it is a fear of missing out trade, and you should not take it.

If you cannot determine a stop loss or profit target, then it is a trade based on FOMO, and you should not take it.

If you do not break your risk management rules, FOMO will never be a problem for you

There are many trading opportunities every day, so it is okay if you miss one.

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