Fear of missing out - Page 3
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Thread: Fear of missing out

  1. #21
    Trader
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    I have observed this thing in me and i am always trying to over come on my lack of patience and many time i also use the short limit orders and in this i am always deprived to get the big money from the trading so i strongly believe that we must have to be much patience.

  2. #22
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    Does this logic really works.

  3. #23
    Fear of missing out forces the trader to act in hurry without proper application of mind. Good trader do never act hasty and wait for the best opportunities, we should know that no opportunity is last one, we shall get a better opportunity if kept patience.

  4. #24
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    Patience is very important in Forex. We should protect our capital even if we have to leave an opportunity. If our capital is safe we will get 2 more opportunities for one opportunity lost. Thus Missing an opportunity is not a big deal but incurring a big loss is very painful and should be avoided.

  5. #25
    Trader Russel2012's Avatar
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    yes me also say that many trader lose their money for their bad emotion.. When a trader gets lose he becomes emotional and he gets afraid to manage it.. In Forex market a trader should not getting afraid... Forex market is too critical market.. So a trader should be expert in perfect money management.. If he has perfect experience they he will not get afraid.. So don't be afraid.. just try to get the perfect sentiment of market and be confident with your perfect calculation then of course you will be successful trader.. One another matter is you have to be patient if you want to get glorious success...

  6. #26
    Quote Originally Posted by PROPENSITY100 View Post
    Patience is very important in Forex. We should protect our capital even if we have to leave an opportunity. If our capital is safe we will get 2 more opportunities for one opportunity lost. Thus Missing an opportunity is not a big deal but incurring a big loss is very painful and should be avoided.
    Yes besides that the best solution is to always be discipline when the time of trades,The reason why it happens is fear of missing out are the people never effort to loss their money

    Some times we get good profit but nothing for fear of loss if we want to get good profit in this business

  7. #27
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    Yes i have FOMO too, and i try hard to eliminate them by bravely facing the problem or some loses then re-analysis the chart for any solution. Missing of the trading account could be happen at anytime when we fail to follow trading elements such as trading plan, trading system, and emotion control.

  8. #28
    should have been thinking like that is afraid of losing when we trade should be removed, because with that kind of thinking we could have one of the later decisions when trading and phobia in the face of any situation in forex floating either minus or plus it's not a good solution sir, good is immediately limit your losses and let profits run length

  9. #29
    FOMO fear of missing out is a common factor of Forex trader . It highly function in newbie and in those body who are not so much expert . But it is harmful for all trader because it keeps away traders from trading . It is actually a psychological problem .All trade have risk of loss . As well in Forex also . But if we trade skillfully then the result would be positive must.

  10. #30
    raazsr1, Its fact we we know that fear of loss is normal, but if it was too fear and did not dare to entry position in the market , it means our psychological pain. we need a lot of practice and build the powerful strategy to make more confidence , ready and steady mental for face the risky market in the forex business

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