EPISODE · Feb 8, 2022 · 3 MIN
AVOID THESE Mistakes in Technical Analysis
from ElBlanco Finance · host ElBlanco
Rule #1 of investing is NOT make money, it’s don’t lose money 🚀 Want to see what growth stocks I'm buying? Consider joining the VIP Membership Group (Discord) today! ► https://elblancofinance.com/ Mental accounting contributes to positive feedback. Thinking of money as if it belonged in separate accounts – which should be treated differently. Ex: Speculative account/money is for more speculation. Investment account is for long term. Treat speculative gains differently. Self attribution: attributing successful results to our own ability (we take credit for positive outcomes), unsuccessful results attributed to “bad luck”. Prospect theory: How investors value gains and losses differently. The decisions they make under uncertainty explains how investors hold on to losers but sell profitable positions to avoid the pain of realizing a loss. #TechnicalAnalysis ....................... 📸 Check me out on Instagram & Twitter! https://www.instagram.com/elblancofinance/ https://twitter.com/ElBlancoFinance
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AVOID THESE Mistakes in Technical Analysis
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