Fear of missing out (FOMO) can arise when prices move quickly or other people are talking about the market. The speaker describes personal experiences and feelings, which provide context for this topic; they are not a mental-health assessment or evidence that everyone will trade the same way.
Five questions to ask before placing an order
- Reason: If you had not just seen the latest price bar, would the original plan still meet all of its entry conditions?
- Invalidation: Have you identified what would show that the assumption behind the trade is no longer valid?
- Size: Have you estimated the possible loss based on the contract size and planned price movement?
- Costs: Have you accounted for fees, the bid–ask spread and the contract terms?
- When to stand aside: If the signal is incomplete or the trade would exceed your preset limit, can you skip it?
If you cannot answer a key question, review the plan instead of increasing your position because you fear the price will move without you. Skipping a trade when conditions are not met is also a way to follow your rules; a missed opportunity does not need to be “made up for” by rushing into the next one.
Record the process, not only profit or loss
After closing a trade, record the entry conditions, the point at which you would accept that your view was wrong, position size, costs and whether you followed the plan. Separate observable facts—such as “price reached the stated level”—from thoughts such as “everyone else must already be making money.” Do not judge a rule or strategy from a single trade.
TFEX advises investors to plan and manage risk before trading. See its guidance on risk management for beginners and money management.
This is a decision checklist, not a recommendation to buy or sell any contract. If anxiety continues to affect daily life, consider speaking with a mental-health professional. The referenced video provides context for the topic; it is not evidence for every recommendation in this article.