What Is FOMO in Trading? How Fear of Missing Out Destroys Accounts

FOMO (Fear of Missing Out) in trading is the anxiety-driven impulse to enter a trade because you see others profiting or a stock running without you. It leads to chasing entries at extended prices, oversizing positions to 'make up for missed gains,' and abandoning your trading plan. FOMO is one of the most common and costly emotional mistakes in trading.