If they are, this is called Recency Bias, to read all about it click on the article attached. Here is a sneak peak…
“When making investing decisions, it may seem like we have to predict the future. Unless you have a secret time machine, it’s an impossible task. When we’re faced with difficult decisions, especially during times of uncertainty and volatility, our minds take shortcuts. For example, when we are trying to predict the future, our minds naturally reach for what happened most recently—that’s called recency bias.
As humans, we have an easier time remembering what happened most recently. This shortcut serves us well in other aspects of our lives, but it can hurt us when making investing decisions. Recency bias can prompt us to place undue importance on recent events. When we see our portfolio drop 10 per cent, recency bias convinces us that it will just keep on dropping.
What recency bias looks like in investing decisions
Basing investment decisions on recent performance can get any investor in trouble, but research suggests that recency bias prompts many people to use this strategy. In a study that looked at the trading decisions of individual investors”