FOMO and Revenge Trading: How to Recognise Them and Stop Them Costing You
What FOMO and revenge trading are, why they happen, the warning signs in your own behaviour, and practical rules that stop impulsive trades before they start.
Psychology articles
Most traders who struggle do not lack information; they struggle to act on it consistently. The Psychology series looks at the behavioural patterns that show up again and again — holding losers and cutting winners, chasing moves, revenge trading, overtrading — and at the published research from behavioural finance that describes them.
These articles are about decision-making in trading, not mental-health advice. If trading is causing you distress or financial harm, the most useful step is to stop and speak to someone you trust or a qualified professional.
What FOMO and revenge trading are, why they happen, the warning signs in your own behaviour, and practical rules that stop impulsive trades before they start.
What to record in a trading journal, how to review it, which statistics matter and how to turn records into specific improvements, with a ready-to-use template.
What loss aversion and the disposition effect are, the research behind them, how they show up in trading decisions and practical ways to counter them.
Why trading more often usually means earning less: research on overconfidence and trading frequency, the signs of overtrading, and how to trade less, better.
Why traders break their own rules and how to build discipline through rules, environment design, routines, rule-tracking and recovering from mistakes.
Foundations of chart reading and technical analysis, explained from first principles.
How to turn analysis into a repeatable plan — with risk management built in from the start.
Bitcoin, Ethereum and crypto trading explained: how the networks work, what moves their prices, and the risks they carry.
The technology behind modern trading: real-time data, execution, automation and account security.
Practical guides to RumiEX itself — charts, orders, the demo account, Up/Down trades and security.
Every RumiEX account includes a funded demo wallet, so you can practise what you read with live prices and no risk.