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The Fear of Missing is the Fear of Dissing
Posted on June 26, 2008
A reader recently asked me about a problem he was having with the fear of missing . It appears that he front-runs his setups, getting into trades before he gets proper signals. This fear of missing opportunity has hurt his performance, as it has placed his capital at risk during periods of low opportunity.At the very least, the fear of missing signals can result in poor execution. Instead of buying on pullbacks or selling on bounces, you chase the market higher or lower. The several ticks of retracement typically incurred add up to quite an opportunity cost over time.I'll be addressing th...
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markets , trading default explanation





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