Hope and fear should compliment our trading, not take over it. These are normal feelings, until it consumes our time and money. So don’t let it take over your trading. Instead, use it to your advantage.
At relates to trading, the fear of missing out (FOMO) is the feeling of anxiety caused by the inability to act on a stock or trend. Instead of agonizing over imaginary gains, use FOMO to enhance your focus as a trader.
One way to prevent overtrading is to value your time and money.
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