Use Your Indicators

The strict application of your trading strategy including your favorite indicators can quickly disabuse you of any overly-optimistic perspective you may have on a rapidly moving stock price.

If all your trusted indicators that you have painstakingly learned to apply are screaming stop, then this can help to break the rosy illusion that a FOMO trade can cause.

Ignore the nagging voice that is telling you to get on board before it is too late, and instead take a few moments to rigorously analyze the trade like you would any other.

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