24/02/2021
STOCK MARKET PSYCHOLOGY
Here are FOUR EMOTIONS that can hinder your Investment Success in the Stock Market.
1, PRIDE makes investors rationalize losses and prevents learning from mistakes.
2, HOPE makes investors hold on to stocks that should have been sold.
3, FEAR of missing out leads to buying the wrong stocks or getting shaken out of the right stocks.
4, GREED leads to hanging on too long when you should have taken profits.
"Whenever your own money is on the line, it's going to be emotional, and the stock market is no exception. But the market doesn't know who you are. And frankly, it doesn't care what you think or what you would like to see happen."
- William O’Neil