fomotrader

Because traders don’t just trade with logic.
They trade with dopamine.
1️⃣ Green candle = feeling of victory
The brain loves green.
It triggers the feeling:
* “The market is running”
* “I’m about to miss out”
* “Everyone is making money”
FOMO starts from here.
2️⃣ Herding effect

When seeing the candle standing up:
>> “There must be some news.”
>> “The whales must be in.”
>> “Not joining is foolish.”
Traders fear being out more than they fear losing money.