لماذا يخسر معظم الناس المال في سوق الأسهم

Study after study confirms the same finding: the average individual المستثمر significantly underperforms the market. Not because they pick bad investments, but because they buy and sell at the wrong times. They buy after prices have risen and sell after prices have fallen, which is mathematically guaranteed to produce poor results.

This pattern persists across all demographic groups, education levels, and income brackets. Wealthy المستثمرون make the same behavioral mistakes as modest ones. Educated المستثمرون make the same timing errors as those without financial training. The problem is not knowledge. It is human psychology.

إن فهم أسباب خسارة معظم الناس لأموالهم في الاستثمار هو الخطوة الأولى نحو بناء نظام يمنع هذه الخسائر. والحل ليس في قوة الإرادة أو التعليم، بل في التنظيم.

First, المستثمرون trade too frequently. Every trade incurs costs, both explicit fees and the implicit cost of buying and selling at market prices. Research shows that the most active traders earn the lowest returns. The more you trade, the more you pay in friction costs and the more opportunities you create for timing errors.

Second, المستثمرون chase performance. When an asset class or sector has recently performed well, المستثمرون pile in. When it has performed poorly, they flee. This behavior is the opposite of what produces good returns. Buying high and selling low is the defining pattern of المستثمر underperformance.

Third, المستثمرون abandon their strategy during difficult periods. The المستثمرون who build wealth are those who maintain their allocation through downturns. The المستثمرون who lose are those who sell during declines and miss the recovery. The behavior gap between staying invested and panic selling accounts for the majority of المستثمر underperformance.

The pattern is clear: المستثمرون lose money not because investing is inherently unprofitable but because human behavior systematically undermines investment returns. The solution is equally clear: remove human behavior from the execution of investment decisions.

Automated إدارة المحافظ systems maintain allocation targets, rebalance on schedule, and execute without emotional interference. They do not solve every investment challenge, but they eliminate the single largest source of المستثمر underperformance: the المستثمر themselves.