🌟🌟🌟One of the hardest emotional biases to overcome in stock investing for me is Loss Aversion.  This bias makes me feel the pain of loss much more intensely than the pleasure of a comparable gain.  This may lead to decisions that are driven more by fear of losing money than by rational analysis of potential returns.

One of the best examples is Top Glove $Top Glove(BVA.SI)$.  This stock is particularly popular during the Covid 19 Pandemic.  However its share price has dropped like a rock to the bottom of the ocean.

I should have sold my shares of Top Gloves when it was riding high, but I held on till now, as a reminder of my loss aversion bias when the tide reversed for the stock.

So now I have learnt a valuable lesson on loss aversion and being aware of it helps me to recognise when I am falling into its trap. 

@Tiger_comments @Tiger_SG @TigerStars @CaptainTiger @TigerClub

# Keep Losing Money 😿 Time to Change These Bad Habits?

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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  • JQC
    Β·05-11
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    I have always enjoy your posts [Applaud] [Applaud] [Applaud]
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    • koolgal
      I have also learnt so much from many friends in the Tiger Community too.
      05-11
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    • koolgal
      All the best πŸ€πŸ€πŸ€πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
      05-11
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    • koolgal
      Have a wonderful relaxing weekend πŸ–οΈπŸ–οΈπŸ–οΈ
      05-11
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  • jislandfund
    Β·05-11
    ⭐🐯
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    • koolgal
      Thanks 😍😍😍
      05-11
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    • koolgal
      Have a winning week ahead πŸ™πŸ™πŸŒˆπŸ’°πŸ’°πŸ’°
      05-11
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    • koolgal
      Best of luck πŸ€πŸ€πŸ€
      05-11
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