Whocares

Right and wrong between FOMO

Thumbnail from https://www.pexels.com/

What I'm doing is Chasing a Move (FOMO)

 

* Entering simply because the market is moving fast.

* No entry rules,no setup defined just emotion.

* Risk completely ignored, no work on risk reward ratio.

* Entries are late, exits are panicked.

                     BUT

If I do this instead of (FOMO) chance of not blown account will decrease

 

* Trade with defined entry criteria.

* Wait for confirmation signals (candlestick patterns, structure breaks, liquidity sweeps).

* Always respect a clear risk-to-reward ratio.

* Above all, need to be in discipline/patience—waiting for price to come to my Zone.

How do you rate this article?

12


User_new
User_new

Crypto enthusiast


Whocares
Whocares

A crypto enthusiast on a journey through the highs and lows of learning trading. Sharing my failures, lessons, and experiments in the crypto world. Sometimes I pause the charts to capture life through my mobile .

Publish0x Publish0x

Reward the author with $0.01 in crypto, and earn yourself as you read!

20% to author / 80% to me.
Rewards are FREE. Publish0x pays them, not you.

Page not displaying correctly?