Hey all, I am new here: I've been reading a lot, and not posting much at first. You have a great place to learn at BCT. When trading crypto do you expect better, from yourself, but then impulsively jump into things due to FOMO? Has anyone reading this ever found a cure? How do you permanently change and naturally be patient? Thanks all.
Jumping into FOMO is normal especially for newbies in the market because of greed, so all they want is to make a step ahead as long as they see any opportunity in the market. Not realizing that jumping into FOMO is like riding a hype or fud, you will profit at first but turn into losses in the end. However, know that every trader in the market has decided to FOMO at first until they learn their first lesson and decide to avoid it for good.
it will be done slowly. maybe after novice traders start to get trapped and experience losses because they follow their ambition to make a profit.
Maybe every novice trader also does something similar. Even every professional trader today may also make mistakes when they start trading.
I can call it the experience of a trader's journey to become greater. but it all depends on the trader's ability to make decisions after what they experience in trading.
Mistakes are inevitable no matter how pro or noob you are on trading on which it is something inevitable.The main difference here only is about on to those pros who do really able to know on what they should gonna do on
the time that they would be experience such situation and since they are experienced and knowledgeable then they do know on what they would gonna do unlike into those noobs who would really be just simply freaking out
because of the negative that they had able to get or experience. Although these results or outcomes would really be added up on overall experience which it would really be making you even more better as time passing by.
It is really just that a matter of time for you to be able to enhanced and will really become that professional as you do engage even more with the market.It all matters on how you do sustain this market.
If you do keep losing, then try to reassess on whats matter with your strategy or simply its just a trial and error thingy. It is really just that hard though and not something that could really be achieved
in short time.This is why it would really be that wise that you should really be that trying out to adapt on whatever situations that you do able to face so that next time you do already know
on what to do.