Day: October 16, 2024
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Dealing with FOMO: Avoiding Impulsive Trades
The Fear of Missing Out (FOMO) There’s a constant fear that lurks in the minds of many: the fear of missing out (FOMO). It’s the feeling that everyone else is making money, while you’re left behind. This fear can lead to impulsive decisions, often resulting in losses. Imagine a young trader who had been following…