Saturday, April 14, 2007

I sometimes invest into stocks based on recommendations from co-workers and friends. As I didn't really do a proper research into the stocks itself, I often find myself reacting to changes in prices of the stock based on my emotions against the change. Often, I regretted making a decision based my emotions.

For example, sometimes I would hold on to the stock even though the price has dropped and the prospect of the company isn't vry good. Instead of relying on the fundamental analysis, I was driven more by my emotions.

Are you like me too? If yes, then you should read this article, that talks about emotional investing and how to control it.

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