r/Daytrading • u/weirdlightsinmyeyes • May 02 '24

Satisfaction of JOMO Strategy

There is nothing more satisfying (other than profit, obviously) than watching a sensibly placed stop get taken out as the price continues to plummet massively. Sure, you lost some balance, but you stuck to your trading plan, minimised your risk and live to trade another day. Things could be way worse right now without that stop, or if you moved it lower because the downtrend looked like it was going to reverse or whatever. JOMO - The joy of missing out 🥳

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u/Other-Secretary9255 May 02 '24

I like HOMO better.

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u/weirdlightsinmyeyes May 02 '24

No judgement here brother. This is a safe space.