All terms
Definition
FOMO (Fear of Missing Out)
FOMO is the emotional urge to enter a trade because you think you'll miss a move. Professional traders avoid trading based on FOMO.
Quick take
Jumping in late because you fear missing the move.
Keep this in mind every time you see fomo (fear of missing out) on the chart — context is everything.
Did You Know?
By the time a move is on every chat and headline, the easy money has usually already been made — and you're the exit liquidity.
Common Beginner Mistake
Chasing a candle that has already moved far from your planned entry, then panic-selling when it inevitably pulls back.