After several years of trading experience, I bought the top of an altcoin again today.
I made a trading mistake, and I wonder how come I haven’t grown past this stage in trading.
I thought I have learnt how not to FOMO, I still fell for it even after been a trader since 2020.
I wouldn’t have bought the top if I took some few minutes to check the chart. At least the daily chart would have given me the signal.
This shows that even masters makes mistake sometimes.
Do you have similar experience like this?
You’re not alone, even experienced traders slip into FOMO.
The difference between “pro” and “noob” isn’t about never buying the top,
but having a framework that limits the loss when it happens.
One thing that helped me was automation. If you set predefined rules
(risk levels, entry/exit logic), the emotional factor drops a lot.
Mistakes will happen, but minimising losses is what keeps you alive in this game.