Intermediate FOMO is more dangerous than retail FOMO
Retail investors chase highs and panic sell lows, at least their logic is simple. Intermediate traders see the direction, sense the trend, but are unwilling to wait for confirmation signals.
"I don't want to miss out on 20% gains just to wait for confirmation."
This sentence has cost me more money than I'm willing to admit.
Missing the first 10-20% is not a failure, it's the cost of filtering out noise. Confirmation isn't a loss, it's insurance.
A missed opportunity has a cost of 0. Entering too early can ruin the entire trading day.
True patience is the trait of top hunters.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Intermediate FOMO is more dangerous than retail FOMO
Retail investors chase highs and panic sell lows, at least their logic is simple.
Intermediate traders see the direction, sense the trend, but are unwilling to wait for confirmation signals.
"I don't want to miss out on 20% gains just to wait for confirmation."
This sentence has cost me more money than I'm willing to admit.
Missing the first 10-20% is not a failure, it's the cost of filtering out noise.
Confirmation isn't a loss, it's insurance.
A missed opportunity has a cost of 0.
Entering too early can ruin the entire trading day.
True patience is the trait of top hunters.