FOMO and Revenge Trading
A 1-minute lesson from the MarketPro academy, one of 20 in trading psychology.
Ask experienced traders what cost them most and two patterns dominate: chasing moves they were not part of (FOMO), and trying to win losses back immediately (revenge trading). Both replace analysis with emotion at exactly the moment money is on the line.
The two most expensive emotions
Ask experienced traders what cost them most and two patterns dominate: chasing moves they were not part of (FOMO), and trying to win losses back immediately (revenge trading). Both replace analysis with emotion at exactly the moment money is on the line.
FOMO: fear of missing out
A market runs hard without you; the pain of missing it screams get in now. But chasing means entering far from any sensible stop, late in a move, at the worst available price. The cure is a truth about markets: opportunities are a conveyor belt. Another setup arrives tomorrow, and the missed trade costs you nothing. Log missed moves in your journal instead of chasing them — reviewing later how many chased entries would have lost is usually eye-opening.
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4 more sections of FOMO and Revenge Trading, plus all 320 lessons, the quizzes that check each one landed, and the streak that keeps you coming back. All of it is free on any account, including a free one. There is no paywall inside the academy.
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Not investment advice. Past performance is not indicative of future results.
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The whole academy is free in the app
All 320 lessons, 12 guided paths, quizzes and a daily streak. Free on every account, with vetted free signals alongside it.
Not investment advice. Past performance is not indicative of future results.