Stop Chasing: How Price Alerts Save You From FOMO

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Sl trading academy
August 23, 2025

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Stop Chasing: How Price Alerts Save You From FOMO

I remember a trader once telling me, “Sir, I keep missing moves. By the time I see the chart, the price is already gone.”

So what did they do? They started chasing.
They’d jump into trades late, hoping the rally would continue.
Sometimes they got lucky.
Most of the time, they bought at the top and watched the price crash back down.

That’s FOMO — Fear of Missing Out.
And nothing empties accounts faster.

Why Chasing is Dangerous

  1. You enter too late – By the time you “feel” the move, smart traders have already entered.

  2. Your risk is higher – Entering late usually means a smaller reward and a bigger chance of loss.

  3. It creates stress – Chasing makes you sit glued to the screen, afraid you’ll miss the next one.

The Solution? Price Alerts.

Instead of running after the market, let the market call you when it’s ready.

✅ Set alerts at key support and resistance levels – If price hits your zone, you get notified.
✅ Use apps like TradingView or Binance – Free tools.
✅ Stop staring at charts all day – Your phone will tell you when action is needed.

💡 Quick Tip:
Pick 5–8 coins for your watchlist. For each one, set price alerts at:

  • A breakout level above resistance

  • A bounce level at strong support

Now, walk away from the screen. The market will “call you” when it’s time.

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