How to Overcome Trading FOMO - The Fear of Missing Out

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  • Опубликовано: 29 янв 2025

Комментарии • 90

  • @nilpatel6056
    @nilpatel6056 Год назад +6

    Bro I remember when the pandemic first hit and you started day trading. You were working at dominos or something. Good to see you back.

  • @YahmoCEO2023
    @YahmoCEO2023 Год назад

    Thanks for coming back Michael!

  • @thelastmilkyway3828
    @thelastmilkyway3828 Год назад +3

    Thank you Michael, whenever I’m trading and I miss a trade my feelings provoke me to enter a trade. Gotta remind myself to look at the market and decide if this is really an opportunity to enter.

  • @ashokvyas291
    @ashokvyas291 Год назад

    Michael this was the best explanation for emotion and FOMO as well as ego control with misleading confidante (over) I have ever seen, thank you you have open my mind and eve of heart.

  • @如山岳
    @如山岳 Год назад +2

    Hi, Micheal. Glad you're back. Waiting for your teachings.thanks.

  • @richardharris5200
    @richardharris5200 Год назад +1

    Happy to see you back

  • @kimrue6860
    @kimrue6860 Год назад

    Thank you for reminding me about the FOMO. I learned that a hard way. I manage it so much better now. Good to see you back ❤

  • @Outlandertrades
    @Outlandertrades Год назад +6

    Welcome back

  • @imeatingnemo4412
    @imeatingnemo4412 Год назад +1

    Best trader out there! You the best ❤❤❤

  • @rod5236
    @rod5236 Год назад +2

    Which platform in your opinion is best to use to trade futures .? I have been trading stocks and wanted to try futures because there’s no minimum capital to day trade unlike stocks.Thanks for all you do.

  • @jeff-the-entrepreneur
    @jeff-the-entrepreneur Год назад

    Great advice young man as I recently started watching your channel. I believe we all have emotions when trading, and if we believe we have the confidence to master this profession then it will be. Our words, thoughts and emotions all form our life as the law of attraction says. Having a PMA ( positive mental attitude ) daily, will bring forth the confidence in our trading experience.

  • @suzannebronwen
    @suzannebronwen Год назад +2

    Thanks for the encouragement I needed this ❤

  • @Freneticly
    @Freneticly Год назад +2

    I liked your video. Fomo is a huge deal. Do you have any advice on how to stay less emotional during tough markets?

  • @nellischein4333
    @nellischein4333 Год назад

    Thank you for explaining the psychology in detail ;) I have to struggle with Fomo unfortunately.

  • @madhusheri2984
    @madhusheri2984 Год назад +2

    Hi Michael, thank you so much for sharing your trading experiences and greatly appreciate it. Could you please let me know what brokerage account do you use for your trades.
    Thank you!

  • @shayanch1106
    @shayanch1106 Год назад +3

    I'm glad you're back. You said very good things. It was great.
    Be happy and healthy in the shelter of the unique creator.

  • @sureshbalakrishnan2710
    @sureshbalakrishnan2710 Год назад

    Great one Michael!

  • @piousrungstone4179
    @piousrungstone4179 Год назад

    Which broker do you use for scalping
    You inspire me so much

  • @lydie2123
    @lydie2123 Год назад

    You should do I podcast. I love your style, maybe one day I’ll be like you..
    Do you have automated entry?

  • @TwiztedHumor
    @TwiztedHumor Год назад

    You're fucking brilliant mate. Thank you so much!

  • @tecdive4966
    @tecdive4966 Год назад

    you are very insightful person in so young age

  • @piousrungstone4179
    @piousrungstone4179 Год назад

    What is the ema u are using
    What setting are the ema

  • @legin632
    @legin632 Год назад

    the hell did you disapeear for years and just come back here. mad at you

  • @thememeguy7630
    @thememeguy7630 Год назад +2

    oh wow you're back

  • @thebeastmoment
    @thebeastmoment Год назад

    Return of the king

  • @jeffreycamarillo4810
    @jeffreycamarillo4810 Год назад

    is this strategy aplicable on Gold usd?

  • @balsahota3918
    @balsahota3918 Год назад +1

    The best, most practical advise ever !

  • @anmoltalwar2736
    @anmoltalwar2736 Год назад

    what is the EMA period you are using in last couple of videos please?

  • @niro56
    @niro56 Год назад

    Much appreciated!

  • @jagpreetsingh7272
    @jagpreetsingh7272 5 месяцев назад

    Thanks brother

  • @DeepakYadav-vy7kz
    @DeepakYadav-vy7kz Год назад +1

    Love you bro from mayank brother the trader room

    • @Yash-zx9qj
      @Yash-zx9qj Год назад +1

      Bhai ki fouj agai hai 😂

    • @bisht-31
      @bisht-31 Год назад

      Mayank army 😊

  • @YoananHardware
    @YoananHardware Год назад

    thanks for this

  • @legin632
    @legin632 Год назад

    glad youre back, lets back to business

  • @aineshbalaga1216
    @aineshbalaga1216 10 месяцев назад

    I personally think you don’t have to trade 5 days a week. If you even trade a two days a week. And your goal is 4 points a day w 1 contract, your essentially making 400 per week which is around 20k per year. When you do decide to scale to 2 or 3 contracts a trade, you go to 40-60k a year. I personally think that’s a lot. It’s not to say you shouldn’t practice trading everyday but in terms of playing the market, playing it less = lesser risk.

  • @hayn98
    @hayn98 Год назад +1

    Can you update us on what software you use to buy and sell futures?

    • @MichaelChin
      @MichaelChin  Год назад +1

      I use the Ninjatrader platform

  • @shaadhifun
    @shaadhifun Год назад

    I am come from India 🇮🇳🇮🇳 by the Trade room

  • @axelrod7621
    @axelrod7621 Год назад +3

    I used to fall for fomo but now I tell my self it doesn't matter I have missed millions of trades and I will miss millions more but another trade will always be around the corner.

  • @zgh1556
    @zgh1556 Год назад

    Would please put or explains video regard Poor man's

  • @urielcohen7273
    @urielcohen7273 Год назад

    I am very happy to see you!!!😀❤💐
    I will follow you!😀

  • @avcreations2494
    @avcreations2494 Год назад

    Thank you, really good stuff.

  • @SC2noHope
    @SC2noHope Год назад

    u still alive !

  • @daverobinson481
    @daverobinson481 Год назад

    Mike I saw one of your videos about 3yr ago. That's whats got me stated so I blame you for learning the market from scratch . I'm very appreciative of learning I got from you in regards is day trading apparatus great appreciate you but I know you live by me because I'm in the Bay Area too and I hope to run into you one day because I need help on mt4 .

  • @Thewiseone1993
    @Thewiseone1993 Год назад

    Nice

  • @bhaskarjoshi541
    @bhaskarjoshi541 Год назад

    ❤❤❤

  • @jorgepmartinez6532
    @jorgepmartinez6532 Год назад +1

    Will be nice to have you back in trading live

  • @johnlytrader
    @johnlytrader Год назад

    love u chin thanks my friend jon ly blew up 100000 accounts but this video saved him

  • @deevog
    @deevog Год назад

    If you choose one direction trade (Long) half of your sickness, losses will gone forever... Trust me

  • @Marcspix.
    @Marcspix. Год назад

    Wow! You're back from selling someone else's Trading system!

  • @almazchoduraev3151
    @almazchoduraev3151 Год назад +4

    my friend bought his course and blew 30k😂

    • @oludeleolumideabraham4648
      @oludeleolumideabraham4648 Год назад +2

      😂😂

    • @memetoo512
      @memetoo512 Год назад +8

      Maybe it was not the course, but your friend👀….

    • @terrir8525
      @terrir8525 Год назад +5

      Your friend needs to learn some discipline

    • @Marcspix.
      @Marcspix. Год назад

      @@terrir8525 The guy is a scammer. Do some research to overcome your ignorance!

    • @almazchoduraev3151
      @almazchoduraev3151 Год назад

      @@DysVeteran In my country its a big money, so he was in a big trouble... Now I remember, he was always speaking about " Two legged pullbacks" - f***...

  • @jamislewis2245
    @jamislewis2245 Год назад

    Where have you been? You haven’t posted any new videos contents until now. Little info about your disappearance will help. Thanks.

  • @jarrenskully4513
    @jarrenskully4513 Год назад

    are u robot? haha

  • @jorgepmartinez6532
    @jorgepmartinez6532 Год назад

    Emotions does not move the market

  • @TJ-gb4xh
    @TJ-gb4xh Год назад +4

    clown

  • @JoinRgi
    @JoinRgi Год назад

    LETS GO OG thanks for the advice 🪳

  • @3pierre91
    @3pierre91 Год назад

    welcome back