FOMO (fear of missing out)
The urge to open an unplanned, late and oversized position out of fear of missing a move. It usually lands at the end of the move.
FOMO entries have no defined stop or target; the entry price is bad and risk/reward is low. The market produces new opportunities every day; a missed trade costs nothing, a chased trade costs money.
A practical safeguard: trade only setups written down in advance, and ban "urgent" entries driven by news or social media.
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