How FOMO Destroys Traders (The Sad Truth)

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  • Опубликовано: 17 окт 2024
  • I share my own personal experience with you, how even after a winning day FOMO can heavily impact a trader. Heed the advice in this video and you will be happy you did.
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    Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
    #forextrading​​ #forextips​​ #forexstrategy

Комментарии • 67

  • @RockzFX
    @RockzFX  3 года назад +25

    FOMO is a real thing! Even if you are having a good day. Please share with me below if you have ever experienced what happened with me today? Be careful if the scammers in the chat. I do not reply with my whats app under any circumstance.

    • @Fxpipsbank
      @Fxpipsbank 3 года назад +1

      Yeah, of course We should be careful to Scammer in here on the comments, Thank You.

    • @roystoncartwright5640
      @roystoncartwright5640 3 года назад +1

      thank you rockz 🙏 this is really helpful these little videos add so much value to my trading. I was in a trade and I seen price stalling around 1.2 RRR and I had you in my head say would you risk 1.5R to gain 0.5R? So I took my profits and went back to my BE which made me happy make a really good decision at that time. what I trying to say is thank you 🤣🙏

    • @antikamnia6539
      @antikamnia6539 3 года назад +2

      Hello, how are you, friend?
      I would like to ask you to leave the subtitles option for the videos, I am weak in English and with the subtitles I put them in translation and I can learn from your videos

    • @victormwansa9162
      @victormwansa9162 3 года назад +1

      Scammer are here to stop you giving us food that we need most is what the skills u are giving us and I myself am improving my skills thanks for each concept u give us we appreciate the only thing scammer dislike yo video to stop us from knowing this things it's better u learn than doing dat

    • @richardc691
      @richardc691 3 года назад +1

      Caught the eu sell today on 15 min retest after the double top for 3r 👌

  • @elroyscheepers6306
    @elroyscheepers6306 3 года назад +32

    fomo screwed with my mind yesterday and I lost a trade even though my analysis was good .Fomo and impulsive trading is my biggest hurdle

  • @bluewaveslayer
    @bluewaveslayer 3 года назад +20

    This is how you KNOW this man is a trader… emotional intelligence is A1

  • @ElephantWhisperer222
    @ElephantWhisperer222 3 года назад +10

    Honestly an absolute banger bro, one of your best videos to date. I think we all struggle with trading psychology much more than our ability to read a chart.

  • @Mpho-Jan-Tsokela
    @Mpho-Jan-Tsokela 3 года назад +1

    Rockz ive watched many traders, n am not gassing u up.. but only u are able to open my 3rd eye chakra to TRADING.. please my GOD bless you with more knowledge wisdom and understanding BIG UP n thank you so MUCH...

  • @Yusufmusic135
    @Yusufmusic135 3 года назад +3

    This guy is the man!!!!! Learning so much. From the UK and I'm 18. The realest out here. Love this guy.

  • @genelab1
    @genelab1 3 года назад +3

    I took the trade, with no hesitancy. It was a beautiful short.

  • @AnantamTrading
    @AnantamTrading 3 года назад +14

    you changing lives out here thank you!

    • @harshilkanani5995
      @harshilkanani5995 3 года назад

      Hello brother .

    • @harshilkanani5995
      @harshilkanani5995 3 года назад

      Did you take rockzfx course?

    • @AnantamTrading
      @AnantamTrading 3 года назад

      @@harshilkanani5995 no bro just follow his teaching with discipline and patience it enough

  • @Mind2matter1
    @Mind2matter1 3 года назад

    What broker do you use? I am trying to start trading and not sure what forex broker to go with

  • @arunkumartv6262
    @arunkumartv6262 3 года назад +2

    It happens to me alot . I hate when it hit SL and reverse.. and that doubt wheather I take the position or not. I help me this is happening even to professional like... Ofcourse it bcuz also the part of the process. Thank you for sharing your experience

  • @sudheeshmohan4357
    @sudheeshmohan4357 3 года назад +7

    I have fear of missing out for wrong trades and fear of pulling trigger for right trades 😐

  • @larryburnett4147
    @larryburnett4147 3 года назад

    I'm confused, I want to trade, but I need training, where do I start? Larry Burnett

  • @darlingtonchyldson4425
    @darlingtonchyldson4425 3 года назад +1

    Nigeria all the way,Rockzfx u are the best

  • @Rayniel-Reom
    @Rayniel-Reom 3 года назад +1

    I tried to be emotionless while trading and it didn’t work because my intuition didn’t work as well as I thought it would. Personally I like to feel a little scared or anxious because it’s natural and you get accustomed. Don’t let emotion get in the way but even worse is to be emotionless, we are feeling creature who think not thinking creatures that feel.

  • @andreweastman6881
    @andreweastman6881 3 года назад

    Hands down the best trader I've seen

  • @emmanuelkongnyuy773
    @emmanuelkongnyuy773 3 года назад +1

    Bro your great , i always take any think you say serius today i won 9 and loss 1 .Thanks again more videos i won't be tired watching them

  • @Danmalamfx
    @Danmalamfx 3 года назад

    Watching your video alone have changed the ways I trade.i only have one thing to say.
    thanks alot

  • @RohitYadav-pu9ep
    @RohitYadav-pu9ep 3 года назад

    Can we use this strategy to trade in Indian market...?

  • @brando8733
    @brando8733 3 года назад +8

    So rockz trades huge lots but small movements ?? 🤔

    • @dannyfxtips
      @dannyfxtips 3 года назад

      yah thats what he does

    • @dbbreaking3075
      @dbbreaking3075 3 года назад

      Yea get ya money up if u wanna do the same

  • @yusuffuad2151
    @yusuffuad2151 3 года назад +3

    I took that EU trade 3 candles after you deleted it coz of time difference i think it was 7+ or 8am in the country i live in, got 1/3 RR 4.5 pips SL 🔥 i rarely take gold coz i fear it 😅 pairs with CAD was the best tho today

  • @7graemeroad936
    @7graemeroad936 Год назад

    Thank you for this!

  • @osewaoreoluwaobededom8946
    @osewaoreoluwaobededom8946 3 года назад +2

    Anyone in his academy? How is it like

  • @marki3d
    @marki3d 3 года назад +1

    When I enter lose and when I don't enter it move! That's my life

  • @ultrastarlex235
    @ultrastarlex235 3 года назад +1

    F-Fear
    O-Of
    M-missing
    O-Out
    Yeah it's a real thing, it always get me...Good video sir, helpful alot

  • @Vae07
    @Vae07 3 года назад +1

    Was watching this pair also waiting for the sell, went to bed, woke up and it had dropped 🤦🏻‍♂️

  • @munashemukwepa8657
    @munashemukwepa8657 3 года назад +2

    First here.from zimbabwe

  • @Shipdacheese
    @Shipdacheese 3 года назад

    You're a really good trader...in retrospect. Live you probably lose everything like everybody else.

  • @arshiatehrany
    @arshiatehrany 3 года назад +1

    A class trader

  • @king_Joah
    @king_Joah 3 года назад

    Please create a trading tutorial video like 1hr or 2 for beginners I really need it I enjoy your videos.... thsnks man

  • @bitcoinph5969
    @bitcoinph5969 3 года назад +1

    thank you for this

  • @Fxpipsbank
    @Fxpipsbank 3 года назад +2

    I'm wondering how much You're Experienced !! I was a consistent looser from Years. I'm a FOMO Trader !!! I don't have a solid, tried, tasted & a proven trading strategy. I don't know clear conceptions about the market structures. So that I trade FOMO... from the beginning. Thanks for Instructions about FOMO to All Newbies. Have a great pleasure...

  • @masdiothman6799
    @masdiothman6799 3 года назад

    In my opinion, tht time had a nesw of an USD, my setup was buy and waiting to TP, till the nesw coming, its goes to sell lol, after that, its push up like F1 and hit my buying TP before🤦

  • @kehindefadojutimi6350
    @kehindefadojutimi6350 3 года назад

    Yooooooo Rockz!!!

  • @raphaelchege9597
    @raphaelchege9597 3 года назад +3

    I hesitated or the right trade then took the wrong trades confidently .. That cost my day..

  • @Calx91
    @Calx91 2 года назад

    Lol it always happens as soon as u wake up

  • @mortezanosrati1716
    @mortezanosrati1716 3 года назад

    Especially we should avoid Trading after we had lost 2-3 last trade. Because our brain is full of toxic hormones at that time and for sure consequences of disicion making at that moment would be horrible! Rather you are a pro or novice like me.

  • @Felipesantosjames83
    @Felipesantosjames83 3 года назад

    what FOMO means... Sorry

  • @yokie6439
    @yokie6439 3 года назад

    🙏🏻🙏🏻

  • @omphemetsemoalosi1012
    @omphemetsemoalosi1012 3 года назад

    🧠🍏.

    • @7months711
      @7months711 3 года назад

      W•H•A•T•S•A•P•P
      +•1•8•5•7•3•4•2•9•8•7•1•
      I•n•v•e•s•t•inC•r•y•p••t•o
      B•T•CA•N•D•E•T•H D•O•G•E.

  • @RoyChadwick51
    @RoyChadwick51 5 месяцев назад

    Ssshhhhhh