Behavioral distortions of private investors: the influence of the news background and the "crowd effect" on trading results

Key Points

• This research aims to investigate how behavioral errors among private investors are influenced by external factors.
• Analysis of behavioral errors in private investors
• Examination of the impact of news background
• Assessment of the crowd effect on trading decisions
• Identified significant behavioral errors influencing investment outcomes
• Demonstrated the news background's effect on trading decisions
• Illustrated the crowd effect's role in altering individual investment behavior