FOMO plays a very important role in trading and very often make traders continue trading when it's necessary to exit. Traders fear to miss an ability to get more profit if the market moves in their interests.
The real fear lies in that they fear that they will regret the lost possibility.
Therefore, instead of exit from the market after gaining a target or holding losers for a long time, they hope to hit jackpot. But every experienced trader recognizes that hope isn't a strategy, this is long-held wisdom within trading circles.
About new strategies who to exit from the market on time, you can learn from experienced traders and coaches on the NewConsort platform.