FOMO (fear of missing out) is the urge to jump into a trade because price is moving fast and you fear missing the profit. It usually leads to chasing entries at bad prices, right before a reversal. Recognising FOMO and sticking to your plan is a key discipline for beginners.
Forex Term
FOMO
Fear of missing out that pushes you into impulsive trades.
Example
Buying after a pair has already surged 100 pips, just to not miss out, is a classic FOMO trade.
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Risk
Forex and CFD trading involves significant risk of loss and is not suitable for all investors. Leverage can work against you. This content is educational and not financial advice — always do your own research.