What is FOMO in Trading?

Guys,
The word FOMO means, "Fear of missing out"

It happens when traders fear that they will miss a big price move, so they enter a trade without proper analysis.

For example:
A coin pumps 20%
everyone starts buying
you buy because you don't want to miss out
price suddenly reverses.

Don't let FOMO control your trades.
Trade with a plan, not emotions.

#Crypto #TradingCommunity #FOMO #tradingtips