All investors make mistakes and can benefit from trying hard to take emotion out of their investment decisions. For example, if you buy a stock which declines significantly in value, should you wait for it to recover, or have you identified something better that may rise...
Habitual use can be characterized as habitual behavior that is an automatic response to specific stimuli arising from within, e.g., a specific desire or emotion, or arising from outside, e.g., a ringtone or a light-up smartphone screen (Limayem et al., 2003), resulting in the phone ...