FOTTA Fo-ta
"Fear Of Tappin' That Ask"
noun
FOTTA; Acronym;
1. A change (usually abrupt) of ones sentiment and overall mental state where a person's initial positive outlook results in a newfound fear of entering a specific trade in the Stock Market. As a result, the person is unable to mentally commit to, and/or physicaly execute a "Markey Buy Order"at the stock's current asking price (usually performed by "tapping" or "clicking" the "ask" button on their Stock Brokers trading software. Usually caused by a lack of confidence in a person's personal due diligence.
2. Opposite meaning to the Acronym "FOMO" (Fear of Missing Out) where an investor will rush to enter into a new position solely based on the bullish sentimate of other investors, usually resulting in a poor position with a high probability of losing money.
3. A form of Social Anxiety
Origin: acronym from "Fear Of Tappin That Ask"
"Fear Of Tappin' That Ask"
noun
FOTTA; Acronym;
1. A change (usually abrupt) of ones sentiment and overall mental state where a person's initial positive outlook results in a newfound fear of entering a specific trade in the Stock Market. As a result, the person is unable to mentally commit to, and/or physicaly execute a "Markey Buy Order"at the stock's current asking price (usually performed by "tapping" or "clicking" the "ask" button on their Stock Brokers trading software. Usually caused by a lack of confidence in a person's personal due diligence.
2. Opposite meaning to the Acronym "FOMO" (Fear of Missing Out) where an investor will rush to enter into a new position solely based on the bullish sentimate of other investors, usually resulting in a poor position with a high probability of losing money.
3. A form of Social Anxiety
Origin: acronym from "Fear Of Tappin That Ask"
"I could be driving a Lambo right now had I not got FOTTA right before the market opened this morning. Stock XYZ ended up squeezing to the moon just like I had thought it would. Man, I am such an idiot for not trusting my own DD"
by ANK Crew November 30, 2021