What Is FOMO Stock? 7 Tips To Overcome FOMO Trading - www.malkamdior.com

Controlling the FOMO and not loosing insanity is extremely important trait for stonk investing.


What Is FOMO Stock? 

F.O.M.O is the fear of missing out of profiting from memestock investments. Redditors refer to the feeling or perception that retail investors are having more fun, living better lives, or experiencing better things than you are. This is what I have learnt. Usually when everyone thinks they will get in cheaper it doesn’t happen. But Im prepared to buy the dip if it happens. I’m not missing any possible rockets on this one. The ultimate fomo stock once it starts going crazy people will pile in!  It involves a deep sense of envy and affects self-esteem. It is often exacerbated by cancel culture on social media sites like Instagram and Facebook.

According to Market Realist "for ETFs, choosing stocks is starting to look like a hashtag competition. First, there was the Direxion Moonshot Innovators ETF (MOON) and then the VanEck Vectors Social Sentiment ETF (BUZZ). The FOMO ETF (FOMO) is the most recent and it's based on the abbreviation for "fear of missing out," which is a common emotion in the current investment environment".



7 Tips to Overcome FOMO Trading
  1. There will always be another trade. ...
  2. Everyone is in the same position. ...
  3. Stick to a trading budget. ...
  4. Taking the emotion out of trading is key. ...
  5. Traders should only ever use capital they can afford to lose. ...
  6. Knowing the markets is essential. ...
  7. FOMO isn't easily forgotten, but it can be controlled.
Off NYSE books this stonk (AMC) should be easily 2-5k already. Don't chase every single stock that is out there. Don't allow FOMO to drive you.  I say once they close and try and buy back this stock is going to FOMO and snow ball into the greatest event the stock market has ever seen.

To conclude, FOMO in frothy stocks tells me investors are unaware that stock market won’t be shutting down next yr. there will be several ideas over next 5-20yr. think!

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