Investments that never lose, investments that keep on winning...

The secret lies in psychology.

The mental barrier that all investors fall into.

We'll discuss everything from its causes to countermeasures.

I explained it by applying it to psychological effects.

Common denominators of losing investors."

"What do investors who buy have in common?"

How many can you say?

It takes about 3 minutes per item to read.

On the way to work or school, or before going to bed.

We hope that you will feel free to learn by taking advantage of our services.

~Table of Contents~

Introduction.

Bandwagon effect → Everything is a beauty contest, whether it's FX or stocks.

(2) Confirmation bias: You only see information that suits you.

[3] In-group bias
　→ People buy currencies and stocks recommended by celebrities without thinking for themselves.

4. Sunk cost
　4] Sunk cost → People continue to trade even if there is insufficient evidence to support their investment.

5] Holding Effect → As soon as you take a position, it looks very good.

Cognitive dissonance
　Cognitive Dissonance → Unable to cut losses at the originally planned point despite having unrealized losses.

[7] False Consensus Effect (= False Consensus Effect)
　→ The investor thinks that he is right and that other investors will think the same way.

[8] Representativeness bias
　→ Once one thinks so, one cannot accept another idea.

9. Self-serving bias
　→ When you win, you get all puffed up, and when you lose, you blame the market.

10. Present-oriented bias
　→ Small profits that can be obtained now are more important than large profits that lie ahead.

(11) Loss aversion → The mindset of not wanting to lose money.

12. The halo effect: people only pay attention to information that stands out.

Prospect Theory → Secure profits, but avoid losses.

14. Law of Peak End → We only remember the moment of entry and profit taking.

[15] The Barnum Effect
　→ The Burnham Effect: When information can be taken in any way, it is assumed to be a buy signal.

16. Wishful thinking → Delusional trading that "I wish this would happen.

[17] Commitment and consistency → Consistency of rules and consistency of feelings

[18] Social proof → Because everyone on social networking sites said it was a buy.

[19] Milgram effect → Because that famous person said it was a good buy.

[20] Moral justification effect → The reason why I can't follow my own rules of trading.

Caligula effect: The reason why I cannot follow my own rules of trading (2)

[22] Psychological reactance → Cause of not being able to follow one's own rules of trade (3)

[23] Self-deception
　→ The market is moving in the opposite direction, but you look for reasons to move in the direction you think it should move.

24. Information Bias → Is more information better than less?

[25] Availability heuristic → Relying on past ironclad patterns

[26] Processing Fluency
　→ The chart shape that we have seen before is bothering us on an unconscious level.

[27] Control Illusion → Investor psychology that assumes it will definitely hit.

[28] Ego Exhaustion → Cause of Positive Positive Disease (1)

29. Emotional empathy gap → Cause #2 of Positive Positive Disease

30. Belief Bias → Assumptions overlook other possibilities.

[31] Normalcy Bias → Leverage that is not appropriate for your size is a source of ruin.

Conclusion

1日3分！31日で覚える投資に必要な実践心理学31選