🎁Bull Market in Full Swing? Are You Overconfidence or FOMO?

Tiger_chat
01-23

πŸƒβœ¨ #BullishMoves #InvestorPoll"

"Do you think the market is now a bull market in full swing or is it a bull market alert? πŸƒπŸš¨

Are you now boldly riding high with a confident heavy stock position or are you playing the patient observer who is secretly afraid of missing out and considering a stock purchase? πŸ€”πŸ“ˆ

The  Economic TimesThe Economic Times

Investing in the stock market can come with several psychological barriers, including:

(Understanding and dealing with these psychological barriers is critical to formulating sound and resilient investment strategies. οΌ‰

  1. Overconfidence: overestimating one's own investment abilities, leading to risky and imprudent decisions. πŸ™ˆ

  2. Fear of Missing Out (FOMO): The fear of missing out on market gains leads to impulsive investment decisions. 😬

  3. Greed: Excessive pursuit of high returns, leading to overexposure and overlooking potential risks. πŸ’°

  4. Fear: Fear of market volatility, which can lead to overly conservative strategies or premature selling. 😨

  5. Mental accounting: Splitting investments into different "accounts" leads to irrational decisions based on the performance of a particular account. πŸ’ΌπŸ’Έ

  6. Investment anxiety: Nervousness and fear of investment outcomes that can impact decision making. 😰

  7. Herd mentality: Following the crowd when making investment decisions rather than conducting independent analysis, leading to market overreaction. πŸ‘

  8. Short-termism: Excessive focus on short-term market fluctuations, disregarding the value of long-term investments. πŸ“‰πŸ“ˆ

  9. Emotion-driven decisions: Buying or selling decisions based on emotional swings rather than rational analysis. πŸ€·β€β™‚οΈπŸ“‰

  10. Confirmation bias: Preference for information that is consistent with existing beliefs and overlooking contradictory evidence. πŸ§πŸ”

🎁Questions for Tigers

  • What is your current investment mentality?

  • Which of the above investment psychological barriers have you experienced?

  • What is the mental state you should maintain now?

πŸ“’Rewards Details

  • All Tigers who leave a comment in this post will receive 5 Tiger Coins.πŸ’°πŸ’°πŸ’°

  • One Tiger will receive 100 coins for the comments that are the most popular and most discussed. (Invite your friends to take part.)

  • In addition, you get a chance to win a surprise Gift🐯🐯🐯🐯

⏰Chat Duration

23 January 2024 - 31st January 2024

Tag your friends to join the event, and win coins together!πŸ’΅πŸ’΅πŸ’΅ $Tiger Brokers(TIGR)$

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • IAS
    01-25
    IAS
    The market is greedy now, thus the more retail investors need to be vigilant. If our profit is high, it may be wise to take some profit at this point.
  • DiAngel
    01-24
    DiAngel
    Waiting at the sidelines to get into the SG market to fulfill my dividend KPI for 2024. I m still on track with my KPI.


    Confirmation bias. TA TA TA.
  • highhand
    01-23
    highhand
    be calm. currently in a bull market. only add during a correction or when your stock reaches a support level. otherwise, do nothing.
  • nomadic_m
    01-26
    nomadic_m
    sometimes the best trade is no trade, so...

    eat popcorn + drink margarita 🍿+🍸

  • kooko
    01-25
    kooko
    Stay grounded and make smart investment choices! πŸ‚πŸ˜ŽπŸ’ͺ
  • BubTigger
    01-24
    BubTigger
    fear [Cry]
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