The majority of traders, money managers, and investors make the majority of their investment decisions based on their emotion, without following processes of deductive resoning. however it is hard to find those who admit such poor decisionmaking; after all, would you admit your poor judgment if confronted?
Year over year investor and money managers annual gains ammount to mere single digit percentage gains, if only emotion was easy to remove from the equation, making room for reason.
are you one to act on emotion or do you stand on logic and reason. Think about this, when was the last time you bought a stock on on a hyped up run only to have it start sliding back down, where you end up selling and taking a big loss? sound familiar? there is hope for you yet...