๐Bull Market in Full Swing? Are You Overconfidence or FOMO?
๐โจ #BullishMoves #InvestorPoll"
"Do you think the market is now a bull market in full swing or is it a bull market alert? ๐๐จ
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? ๐ค๐
The Economic Times
Investing in the stock market can come with several psychological barriers, including:
๏ผUnderstanding and dealing with these psychological barriers is critical to formulating sound and resilient investment strategies. ๏ผ
Overconfidence: overestimating one's own investment abilities, leading to risky and imprudent decisions. ๐
Fear of Missing Out (FOMO): The fear of missing out on market gains leads to impulsive investment decisions. ๐ฌ
Greed: Excessive pursuit of high returns, leading to overexposure and overlooking potential risks. ๐ฐ
Fear: Fear of market volatility, which can lead to overly conservative strategies or premature selling. ๐จ
Mental accounting: Splitting investments into different "accounts" leads to irrational decisions based on the performance of a particular account. ๐ผ๐ธ
Investment anxiety: Nervousness and fear of investment outcomes that can impact decision making. ๐ฐ
Herd mentality: Following the crowd when making investment decisions rather than conducting independent analysis, leading to market overreaction. ๐
Short-termism: Excessive focus on short-term market fluctuations, disregarding the value of long-term investments. ๐๐
Emotion-driven decisions: Buying or selling decisions based on emotional swings rather than rational analysis. ๐คทโโ๏ธ๐
Confirmation bias: Preference for information that is consistent with existing beliefs and overlooking contradictory evidence. ๐ง๐
๐Questions 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?
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โฐChat Duration
23 January 2024 - 31st January 2024
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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.
Confirmation bias. TA TA TA.
eat popcorn + drink margarita ๐ฟ+๐ธ