Quote from: breske on Today at 11:55:29 AM

Quote from: Ethan_Crypto on June 01, 2025, 08:25:50 PM

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?

Man I feel you I’ve done that more times than I’d like to admit Grin

No matter how long we’ve been trading emotions still creep in sometimes especially FOMO Its crazy how easy it is to skip checking the chart just because something feels like it’s about to moon
Honestly though that’s where risk management really saves the day even when we mess up it helps keep the damage small
You’re definitely not alone in this

Emotions have a way of slipping into trading no matter how experienced a trader becomes and sometimes FOMO makes it even worse, pushing decisions without really checking the charts or confirming signals, just acting on a feeling that price will suddenly take off. This usually ends with mistakes that could have been avoided with a bit more patience.

That’s why risk management stands as the safety net, because even when errors happen the losses don’t spiral out of control. Setting stop losses, managing position sizes and sticking to planned limits allow trades to remain within control. Instead of chasing every move, building consistency and discipline creates better results over time even when emotions still exist in the background.