Reported 2 days ago
Investors' emotions can significantly impact their decision-making and investment returns, according to Michaella Gallina, CFO of Wave HQ. She highlights key psychological biases such as loss aversion, recency bias, and confirmation bias that can lead to poor trading choices. Many retail investors sell at market lows due to heightened emotional responses, which can result in larger losses. Gallina emphasizes the importance of remaining disciplined through market downturns and encourages investors to rely on data and their own risk assessments to make informed decisions.
Source: YAHOO