Addressing the Trader’s Fear of Missing Out

via SMB Capital – Day Trading Blog:

One of the more entertaining things I hear out of forex traders that I talk to is, “I can’t believe I missed that 40-pip move! I left so much money on the table!”. My question is whose table did you leave that money on? What’s even funnier is when traders claim they’re losing money because they’re missing nice moves. This is the expression of a flawed mentality that usually leads these traders to getting too aggressive at the wrong times.

As I have mentioned in other articles, trading is a very psychological game. You must be on top of the crowd mentality while managing your own emotions within constantly changing market Read more [...]

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SMB Capital – Day Trading Blog

Addressing the Trader’s Fear of Missing Out

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