@valuabl neither really actually haha but good Q. I was more referring to trusting investment advice and therefore trades from other retail i.e that person (debatably even real) you follow on Twitter because they nailed one trade one time. This behavior is then typically followed by joining a discord with trade alerts just to play a game for a thrill with a blindfold on. Playing that way is a blatant recipe for a disaster.
It’s the equivalent of following a handicapper in sports betting who boasts edge with some “model.” It’s self fulfilling- you can blame and not take accountability when wrong, and falsely attribute their luck for your astute judgement when right
This is why I love Commonstock so much more for info on markets bc of the integrity behind vast majority of the content on here. And fruitful discussions that come thereafter too.
Not doing any research would be my answer if you’re including errors of omission. In terms of actions I would say that would lead to the error of investing in “hot” or “trendy” stocks, momentum factor stocks, without understanding what’s moving the price of the stock. I feel like that’s what gets people in trouble the most often, the most quickly, and the most precipitously.