Quote from: palle11 on March 18, 2022, 04:00:14 PM

Quote from: palle11 on March 17, 2022, 01:49:02 PM

Every time in trading we experience both JOMO or FOMO. This is certain to be so with our trading.

Quote from: stompix on March 17, 2022, 09:57:10 PM

How the hell is this even possible?

With the explanation from OP on JOMO , Joy of missing out , when you change your your mind of a trading order and stay out and you the next hour you see direction of price against your earlier position that would have ended you in lose, you are likely to be happy for staying out.

FOMO as you know is fear of missing out. This is opposite of JOMO kind of. In FOMO , you enter an order hoping for profit rather than staying outside. Anyway in FOMO you may lose or gain depending on the eventual direction.

Nope, I still don't get how this is possible with every trade.
The JOMO is the joy of missing out, it happens when you miss an opportunity to buy or sell with the wave, so if it would happen every time it simply would mean you're not actually trading as you're missing every single one of them. So no, it's impossible to have those two feelings at the same time every time you trade, it's possible to experience both of them while trading but that's obviously something differnt. No matter how you twist that is logically impossible.