The other major emotion, greed, can actually also be based on fear: The fear of missing out (often referred to as “FOMO”).
The other major emotion, greed, can actually also be based on fear: The fear of missing out (often referred to as “FOMO”). When you hear people telling you about the next big thing or when market prices rise sharply, you don’t want to miss out on all the action. So you may get into a trade too soon or even delay closing an open trade.