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RE: FOMO, Cycle of Bad Trade Decisions!

in LeoFinance4 years ago

This is a classic example of inexperience. A good trader needs years of experience and a lot of correct intuition too.

I engage in discussions where I tell people this too but they never listen. When I tried trading, I would do my analysis and think I'm doing everything right. I got stuck in my feelings and things ended ugly. Lol

Now, I just stay away from trading and buy alts with potential into my personal wallet. After making some profit, I swap to btc on ChangeNOW and go hunt for another. I might be getting lucky but I find this easier than actual trading. Lol

Great post

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I would do my analysis and think I'm doing everything right

I know exactly what you mean. I was in that state of mind too, it took me a while to realize that I didn't actually know what to look for when researching. I used to consider just reading a bunch of articles as "research." Boy, I was wrong lol!