The decisions while trading or investingin the stock market are influenced by various factors like time horizon, expectations of returns and ability to take risks. And you also consider the economic condition of the country, industry trend, current market condition and sentiment of the investors and traders.
However, apart from these prime factors, the psychological aspect also very much influences your trade decisions. Yes, the emotional factor is playing a big role in your trade decisions, and sometimes it can be beneficial, while on a few occasions it can cost you in terms of huge losses in trading.