Biases to avoid while investing âœ”ï¸ Loss Aversion • Sensitivity towards making losses changes determination • This makes investors to take too moderate risks âœ”ï¸ Mental Account • The mental account inspires agenda-based decisions • Investors make intelligent choices when it’s goal-oriented âœ”ï¸ Herd Mentality • Following in the wake of other investors should be avoided • Thinking for yourself as per your needs is more important âœ”ï¸ Over Confidence • Investors perceive themselves better in specific scenarios • Gives rise to rash decisions rather than informed ones âœ”ï¸ Anchoring • Initially gathered information drives your future plans • Investors might end up holding on to stocks instead of selling ⬇ï¸Download the 👇 apps now! MO Investor app: http://ow.ly/huk250LqplcResearch360 app: http://ow.ly/Cup350Lqplf🔗 Disclaimer: http://ow.ly/63nS50Lqpleâ£ â–¶ï¸ Share this with your investing or trading buddy. 🔖 Save this post for future reference. â˜‘ï¸ Follow us for more knowledge-based content. #MotilalOswal #KnowledgeFirst #investingdecisions #StockMarket #stockmarketinvesting #experttips #chooserightstocks #investmentadvice #stockmarket #stockratings #stockanalysis #technicalresearch #marketanalysis #expertadvice #investingtips #MotilalOswal #KnowledgeFirst #investingdecisions #StockMarket #stockmarketinvesting #experttips #chooserightstocks #investmentadvice #stockmarket #stockratings #stockanalysis #technicalresearch #marketanalysis #expertadvice #investingtips