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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » When emotions come into play, the possibility of making a wrong decision is more.

When emotions come into play, the possibility of making a wrong decision is more.

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Asoka Samarakone


Expert
Expert

When emotions come into play, the possibility of making a wrong decision is more.
Is this the bottom of the downward trend and start of the upward trend? 
Positive anything is better than negative nothing.
IF I HAVE NOT INVESTED TODAY and the market goes up tomorrow, then I will be worried because I missed an opportunity to buy it at a lower rate. Suppose if the market comes down further, then I will be happy because I can buy it at a still lower rate. Simply watching today ‘s market movement and making an investment decision will not help. One needs to forecast the movement of the next day. Not only next day, the next to next day, the next week, the next month and so on. Also by watching the market movements to make investment decision, we allow our emotions - fear and greed - to creep in. When emotions come into play, the possibility of making a wrong decision is more.
Good luck and safe trading 
Asoka Samarakone 

samaritan, dammika.me, Gowri123 and AG like this post

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