The Impact of Overconfidence and Risk Tolerance on Forex Investors Decision-Making

ABSTRACT: The purpose of this study is to analyze the influence of overconfidence and risk tolerance on forex investors decision making. The research approach used is quantitative research. The population in this study were residents of Morocco, especially those who have knowledge about investment and have invested in the forex market before. Questionnaire survey was used to collect the data by using non probability convenient sampling technique, 121 questionnaires were correctly responded by respondents. The data are analyzed using IBM SPSS Statistics 21 program and Excel for graphical representation. The results indicate a significant positive relationship between overconfidence, risk tolerance and forex investors decision-making.