According to stock market psychologya.History repeats itselfb.more faith is placed in predictions of the futurec.investors forget the past

The statement seems to be a mix of different concepts related to stock market psychology. Here's a step-by-step breakdown:

a. History repeats itself: This is a common belief in the stock market where patterns and trends are often analyzed to predict future movements. The idea is that market patterns are repetitive in nature because they reflect recurring human behavior.

b. More faith is placed in predictions of the future: This refers to the tendency of investors to rely on forecasts and predictions about future market trends. This is often driven by the belief that experts or sophisticated models can accurately predict the future, despite the inherent uncertainty and randomness in the market.

c. Investors forget the past: This is a behavioral bias known as recency bias, where investors give more importance to recent events and tend to ignore historical data. This can lead to overreaction to recent market news and underestimation of long-term trends.

In summary, stock market psychology is complex and can often lead to irrational decisions. Understanding these biases and tendencies can help investors make better decisions.