Loss Aversion Bias, also known as Loss Aversion, is a cognitive bias that refers to the propensity of people to strongly favour avoiding losses over achieving similar gains. In other words, people often experience sorrow from losses more strongly than joy from comparable gains.
✅To deal with Loss Aversion Bias, you must be aware of its influence on decision-making.
✅Establish specific investment objectives, diversify your holdings to reduce risk, and adopt a long-term mindset, paying more attention to fundamentals than to short-term losses.
✅Review and adjust your portfolio frequently, and consider seeking professional advice to help you make rational decisions.
Disclaimer- The information provided on our platform is intended only for simplification and education purposes, and should not be considered as an investment advice.
#finance #financetips #investment #investingtips #education #financialfreedom #financialliteracy #reelsindia #reelkarofeelkaro #stockmarkets #stockmarketeducation #finance#financetips#investment#investingtips#education#financialfreedom#financialliteracy#reelsindia#reelkarofeelkaro#stockmarkets#stockmarketeducation
Stock BrokerFinancial ConsultantFinancial PlannerBrokers & Investment FirmsOnline Share Trading Centre
demat account intraday trading best mutual funds how to open demat account demat account opening online trading free demat account future and option trading online demat account open trading account commodity market financial advisor portfolio management services share market brokers financial advisory services stockbroker near me wealth management stock market trading open demat account Best Trading platform in India financial advisor near me stock broker in Civil Lines stock broker in Rohtak stock broker near Civil Lines Financial Advisor in Rohtak