FOMO In Trading: How to Handle the Fear of Missing Out

By NinjaTrader Team

FOMO, or the fear of missing out, is a potent psychological phenomenon that has significant implications across various aspects of life. In futures trading, the feeling of FOMO stems from the volatile, exciting, ego-based nature of trading futures, where opportunities to make or lose money arise quickly and disappear just as fast. In short, futures traders are often afraid of missing out on a potentially profitable opportunity.

Learn about how to recognize FOMO and control and temper its impulses. Watch this video where we discussed what to do when you think, “Maybe there is a trade that is actionable,” and how to make that decision with your emotions in check. 

Additional topics discussed in this free livestream:

  • How emotions can take your trading off course  

  • How to manage FOMO

  • How to identify when your trading is impulsive and not controlled 

How can a futures trader work through FOMO in trading?

Recognizing FOMO for what it is—a normal and natural yet counterproductive emotional response—can help futures traders maintain discipline, focus on goals, and become more consistent in their trading. 

In fact, the impact of FOMO in trading with futures can be profound. This feeling can lead to impulsive decisions, such as entering trades without ensuring the proper checks and balances. It can also lead to emotions like fear and greed, which traders must learn to control to have a chance at long-term success. 

Such impulse decisions can also be mitigated with a proper trading plan in place. Having a keen eye on your technical analysis and practicing your futures trading can help keep FOMO at bay. 

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