L.Lim
11-07
3. That is the biggest problem for me.
I bought into Top Glove without keeping close tabs and had to sell at a loss.

For the other points, I am not illogical, I accept that I do not know enough and am always willing to read more, or have other perspectives guide my actions. I am happy to give get-rich-quick opportunities like meme stock or risky assets a miss (hearing about individuals who bought trump coins and getting burnt was shocking)

Another point I believe in is: do NOT invest in what you cannot afford to lose, especially if you cannot afford to pay attention or read up, if you dump your savings in and lose it all, that would be absolutely fatal.

90% Investors Fall For 3 Finance Traps: Are They Secretly Ruining Your Trades?
Behavioral finance isn’t just fancy jargon — it’s why even smart traders lose money. These 3 scientifically-proven traps mess up decisions, and almost everyone falls for at least one! Ever held a losing stock to “avoid admitting defeat”? Or bought a hyped stock just because others did? Let’s break down the core traps with simple examples — you’ll see yourself here! 1. You’re Stuck in Your Own Head (Cognitive Rigidity) 2. You’re Tricked by What You See (Information Misprocessing) 3. Your Feelings Control You (Emotional Extremes)
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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