FOMO stands for “Fear of Missing Out”
In trading, it’s that anxious feeling you get when you see everyone around you making trades and potentially profiting, and you start worrying that you’re missing out on a big opportunity.
FOMO can lead to impulsive decisions.
You might rush into a trade without proper research, driven purely by the fear of missing out on potential profits.
But remember, the market can be volatile – what goes up might come down even faster.
So, how can you tackle FOMO?
I’ll tell you in the next video and Invest with Passion For Profit
What exactly is FOMO in trading? FOMO stands for “Fear of Missing Out” In trading, it’s that anxious feeling you get when you see everyone around you making trades and potentially profiting, and you start worrying that you’re missing out on a big opportunity. FOMO can lead to impulsive decisions. You might rush into a trade without proper research, driven purely by the fear of missing out on potential profits. But remember, the market can be volatile – what goes up might come down even faster. So, how can you tackle FOMO? I’ll tell you in the next video and Invest with Passion For Profit Bye #fomo#trading#investing#decisionmaking#impulsivity#research#financialopportunities
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. {etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Crypto Investing Risk Warning
Crypto assets are highly volatile. Your capital is at risk.
Don’t invest unless you’re prepared to lose all the money you invest.
This is a high-risk investment, and you should not expect to be protected if something goes wrong.
eToro Popular Investor, food lover and blogger. Stock trader and Popular Investor at eToro. I am on a mission to find the best restaurants and food to eat.
