Bilgin, Y. and Camgoz, S.M. and Karan, M.B. and Yildiz, Y. (2020) Understanding the investment behavior of individual investors: An empirical study on forex markets. In: Dinçer, Hasan and Yüksel, Serhat, eds. Handbook of Research on Decision-Making Techniques in Financial Marketing. Advances in Marketing, Customer Relationship Management, and E-Services (AMCRMES) . IGI Global, Hersey, PA, USA, pp. 228-246. ISBN 978-1-79982-559-3. E-ISBN 978-1-79982-560-9. (doi:10.4018/978-1-7998-2559-3.ch011) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:100057)
| The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided. (Contact us about this Publication) | |
| Official URL: https://dx.doi.org/10.4018/978-1-7998-2559-3.ch011 |
Abstract
The FOREX market has become a popular ground amongst all kinds of market players. The leverage transactions of the market that may generate higher profit levels with low capital/investments make it very attractive for the individual risk takers. The research investigates the trading behavior of FOREX investors relying on the survey data collected from 167 Turkish investors in 2019. Within the scope of the research, the authors evaluate whether and to what extent behavioral factors, namely demographic characteristics; personal characteristics such as personality traits, love of money, and biases like disposition effect influence investment performance. The results reveal that among the personality traits, openness to experience and conscientiousness have a positive impact while disposition effect and love of money have a negative impact on the performance of investors. Additional analysis suggests that the effects of personality traits and biases on trading performance remarkably change among subgroups of investors regarding their income level. © 2020, IGI Global.
| Item Type: | Book section |
|---|---|
| DOI/Identification number: | 10.4018/978-1-7998-2559-3.ch011 |
| Subjects: | H Social Sciences |
| Divisions: | Divisions > Kent Business School - Division > Department of Accounting and Finance |
| Funders: | University of Huddersfield (https://ror.org/05t1h8f27) |
| Depositing User: | Yilmaz Yildiz |
| Date Deposited: | 17 Feb 2023 12:31 UTC |
| Last Modified: | 20 Feb 2023 15:01 UTC |
| Resource URI: | https://kar.kent.ac.uk/id/eprint/100057 (The current URI for this page, for reference purposes) |
University of Kent Author Information
Yildiz, Y..
| Creator's ORCID: |
 https://orcid.org/0000-0003-4503-8283
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| CReDIT Contributor Roles: |
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