The tape is a battlefield, and most retail traders are shooting themselves in the foot before the fight even starts. Forget the fancy indicators for a minute. The biggest account killers aren't complex algorithms or Black Swan events; they're sitting right between your ears: fear of missing out (FOMO) and the classic revenge trade.
The FOMO Trap: Chasing Green Without a Plan
We've all seen it. That stock, the one that's up 5% pre-market, then another 3% right at the open. The green candles are screaming 'buy me!' and your finger is itching. That's FOMO talking. It's the anxiety that you're going to miss out on