GurleenKaur

INVESTMENT TRAP- Anchoring Bias (Educational)

Education
NSE:ASIANPAINT   ASIAN PAINTS LTD
INVESTMENT TRAPS- Anchoring Bias
Describes the tendency to only rely on top piece of information and getting anchored to it while decision-making. It causes a lot of oscillation and hinders the decision-making ability.
For instance- You had a good return on a stock in the past, your perception on the future returns would be similar, even when the prices might take a dive.
Escape the Trap by:
1.Acknowledging the bias.
2.In-depth research and analysis.
3.Delaying the decision.
4.Dropping down the anchor.

Comments

Any1 can make charts...
But your write up is marvellous....
thanks a lot for sharing...
Will try to learn this...
+1 Reply
What's the right level aka PE of Asian Paints ?
Reply
hiii your analysis 👍👍👍👍👍
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out