FOMO
🧠 Why Does FOMO Dominate Us?
If you’ve ever felt a knot in your stomach while watching a stock soar without you, welcome to the club. You are experiencing FOMO (Fear of Missing Out): the fear of being left behind. 😱
It’s not just a trendy acronym; it’s a primal anxiety response to the possibility of missing an opportunity that others are already seizing.
🌍 The Origin: From Mammoths to Screens
Thousands of years ago, quickly identifying where limited resources were was a matter of life or death. 🦴
-
Then: If your tribe found food and you didn't run, you didn't eat. End of story. 🍖
-
Today: That same instinct kicks in when you see a financial opportunity "take off." 💸
Your brain doesn’t see a chart; it sees a resource slipping away. It’s pure survival instincts playing out in the 21st century. 🏃♂️💨
⚡️ The Tesla Effect ($TSLA) (as an example)
There is no better example than Tesla. Many investors analyze it, wait for it, study it... but when the price skyrockets and breaks through resistance, the plan goes out the window:
-
Hyper-focus: You stop looking at the market to stare only at that single asset. 🔍
-
Sense of Loss: You feel the door is closing and you’re being left out of the club.
-
The Impulse: Late entries, chasing the price, and improvised adjustments. 📈
It’s a perfect loop: emotion generates orders, orders drive up the price, and that movement feeds even more urgency. An infinite cycle. ⭕️
⚖️ The Great Market Paradox
Here is what nobody tells you and what is most frustrating: Sometimes you are disciplined, you follow your rules, you choose not to enter out of prudence... and then you watch others, driven purely by anxiety, walk away with a quick profit. 💸🤔
"In the stock market, knowing a lot doesn't always guarantee success."
FOMO isn't an enemy; it’s an outdated tool. The real problem arises when we try to justify as "logical" a decision that was 100% emotional.
Who is more wrong: the one who respects their system and watches the train go by, or the one who jumps onto a moving car and reaches their destination by pure luck? 🧐
That’s a debate for another day