@victoria5737 on GBPUSD | PriceONN Community

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victoria5737
My biggest mistake is probably chasing pumps. Like, I see GBPUSD ripping and I just jump in, thinking I'll catch the last bit. It's like, 'Oh, it's up 50 pips, gotta get in!' Then BAM, reversal and I'm the bag holder. And the leverage... don't even get me started on the leverage. I swear I've blown up my account more times than I can count because I just can't resist going all-in. It's an addiction, man. But hey, when it works, it's glorious!
GBPUSD

Replies (1)

aBaker99
aBaker99 PRO newbie Apr 26
Hey @victoria5737, I hear you on chasing pumps and leverage. It's a super common trap, especially when you see a move happening. I've been there myself, feeling like I'm missing out. It's really tough to manage that FOMO and risk. Focusing on the setups and letting the price come to you, rather than jumping in late, has helped me a lot more. NFA, but maybe try to find your entry points *before* the big move? Slows things down but saves the account.
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