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jojofang0901
Aug 2, 2020 5:54 AM

Trading Psychology: Fear Of Missing Out on GOLD Education

OANDA:XAUUSD60
GoldOANDA

Description

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Hello everyone:

In this quick video I will go over the infamous emotion of fear of missing out in trading.

I will explain why traders will go through this emotion process over and over again, and what their thought process behind it.

I will then share my experiences on how to deal with it, and provide some tips on how to eliminate this type of thinking process as well.

Thank you
Risk ManagementTrading PsychologyTrading Planpriceactionfearofmissingout
Comments
UnknownUnicorn21410398
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BTC
Krischandra2020
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Awesome content. Thanks a lot.
jojofang0901
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@Krischandra2020, Thank you, glad you enjoy it.
Seandeleer
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Just rewatched this video and got even more out of it the 2nd time. Hopefully I can become an ex-FOMO trader
jojofang0901
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@Seandeleer, Good stuff. Keep your emotion at bay is key to trading success. :)
FelainiM
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Thank you for sharing this analysis. Very helpful
jojofang0901
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@FelainiM, No problem :)
Goddie
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have just joined your telegram channel. Thia was eye opening, its the nonsense ive been doing. Ive given back tonnes of $$S back to the market because of fear of missing out
jojofang0901
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@Goddie Hello, glad I can provide insight to you on this topic. Work on controlling our emotions will be the best thing as a trader to master in order to be consistent and profitable in the long run. :) thank you
vitivou
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helpful analysis, I didnt get in either on that impulse to the upside but have held off buying at the current prices. Sometimes its best to just have patience and NOT take a trade.
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