Categories
1. FOMO

Verbalize Your Reasons for Entering a Trade

Most of the rationalization that underpins every FOMO trade takes place internally, as we make excuses for why we are ignoring analysis and logic to simply follow the herd.

Verbalizing your reasoning forces you to truly evaluate what you know or think you know about this trade, which will quickly make it clear whether you have solid reasoning behind a trade or whether you are just making excuses.

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