🔰 Why FOMO Destroys Trading Accounts

FOMO (Fear of Missing Out) is when traders buy or sell impulsively because everyone else is moving.

How it kills accounts:

• Chasing pumps → Buying at the top

• Panicking during dumps → Selling at the bottom

• Ignoring strategy → No risk management

• Over-leveraging → Quick liquidation

The solution:

✓ Stick to your trading plan

✓ Use proper risk management

✓ Stay patient, wait for good setups

👉 In short:

FOMO = Emotional trading → Big losses. Discipline wins.

#TradingTips #FOMO #CryptoEducation #BinanceSquare

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