(Excerpt form the book "Psychology And Investment)
·
In the stock market, traders of some sort are
always looking for some hot news and tips or some other way to get some
sensation. When prices fluctuate, the sentiment goes along with it.
·
This type of person is interested in seeing the
price ticker every minute. Instead of making real money, they enjoy the thrill
of price fluctuations.
·
Such kind of people are not ready to listen to
long-term investment advice. They are not interested to put any heed on them.
Because there is no thrill on long-term investment.
·
Their mind demands a daily dose of sensation, and
the stock market provides the best opportunity to get some thrill with no
physical harm to life.
·
No matter, whether stock tips are performed well or
not. Whether they gain in trade or suffered losses. Many times, they have to
bear the loss but immediately they forget it.
·
Again, they are interested in investing in some
other hot tips. Every day they are on the lookout for hot news, whatever it may
be.
·
They are sensation-seeking traders and it is very
difficult for them to give it up because sensation matters to them.
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