In short Fear Of Missing Out — the urge to buy because the price is rising and others seem to be profiting.
Purchases made under FOMO tend to happen near local tops. Deciding position size and exit conditions before entering is the usual defence.
In short Fear Of Missing Out — the urge to buy because the price is rising and others seem to be profiting.
Purchases made under FOMO tend to happen near local tops. Deciding position size and exit conditions before entering is the usual defence.
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