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Do you make investment decisions and regret them after the fact?
Summary
Do you find that you make investment decisions and regret doing them after the fact? Do you find that this situation becomes paralyzing and you feel as if you cannot earn the most from your decisions? Alternatively, do you find that you set out on one investment course, only to find yourself changing it as the waves of the situation change, and the results are not very productive?
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Entrepreneur / Private Investor / Professional Investor / Asset Manager / Other
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Psychology and Investing
Detailed description
This article describes how the mind works with respect to investment decisions. The mind makes a decision at a point in time, and then changes its perspective based on the outcome of the decision. The mind may respond with regret or greed and will adjust trading positions or belief based on the subsequent outcome.
Author's disclosure
I have no positions in any stocks mentioned in the work, and no plans to initiate any positions within next 72 hours.
I receive no compensation to write about any specific stock, sector or theme.
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W-00000151
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- Upload date:
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31 Jul, 12
- Last updated:
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04 Aug, 12
- Status change date:
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04 Aug, 12