nomadic_m
05-31
*what causes me to make bad financial decisions?*

I once ventured into the thrilling world of day trading, and what a rollercoaster ride it was! As the US stock market neared its closing bell (it was early morning in NZ), I was glued to my charts, leveraging my position on TQQQ with intensity. But just as I thought I had it all under control, my tiny traders-in-training (aka my kids) woke up, demanding breakfast with a chorus of "Mum I want this, mum I want that!"

In that split second, TQQQ took a nosedive, and my heart sank. But thank goodness for that trusty stop-loss order, or else our family's meals would have been in jeopardy! Talk about a wake-up call - literally! It was a close call, but I learned my lesson: never underestimate the power of a hungry child (or a volatile market)!

What Causes You to Make Bad Financial Decisions?
Making mistakes in the stock market is very normal. Have you ever reflected on the reasons that lead you to make bad decisions? Would you heavily invest in a company just because you are familiar with it?
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.

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