In the fast-moving, volatile scenario of the forex market in India, traders often experience the thrill that the currency pairs deliver when they spike or crash out of nowhere. However, lurking just beneath the surface is one of the biggest psychological traps for the trader – financial FOMO, or fear of missing out. This phenomenon is, in fact, widespread and can easily result in impulsively acting and entering trades without analysis, along with taking risks that they later regret.
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