One of the most popular emotions among traders is a notorious fear of missing out,
or simply FOMO, which picks when the market is high.📈
⠀Watching the price of an asset soaring higher and higher, while out of the deal,
a trader often feels even worse than in case of losses.⚠️
⠀So, what exactly can you do to prevent emotion-connected issues?
⠀Accept the fact that you cant buy at the lowest and sell at the highest prices;☝🏻
⠀Dont be looking at the charts all the time;❌
⠀Use a trading plan ruling how to deal with profits and losses;📝
⠀Follow your own plans, dont compare your results with results of other traders too often.👨🏼💼
but the most important part that you missed to indicate is "Never trade when your not ready"
readiness means:
--complete sleep
--not angry or sad
--and not in a Hurrybecause our emotion will lead us to either bad or good decisions