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RE: Trader's tell you "Don't FOMO" for a reason! by tipu77

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Viewing a response to: @thatguyjoe/trader-s-tell-you-don-t-fomo-for-a-reason

· @tipu77 ·
yes fomo is reason 😂
👍  
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vote details (1)
@thatguyjoe ·
#fomolife 
I mean we have kids buying 100k SATs saying they are rich now. 
Everyone has that one friend who was broke in 2011, and now sitting in a penthouse. 
They all think they are gonna do the same and don't miss out. Turn that $100 bucks into a million. 
They don't understand that institutions will rekt them and that moment when it feels like we are gonna go parabolic again, and everyone is losing their minds "moon" "lambo" "#hodlgang" and it's gonna dump. Like dump dump. 
Like wyckoff distribution over time for markdown and fomogang will not understand and dump with it and we will eat it up :)
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