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Frequent monitoring of investment portfolios can lead to detrimental financial decisions. The concept of myopic loss aversion suggests that regularly checking portfolio performance increases sensitivity to losses, leading investors to experience greater anxiety and make panic-driven choices. This often results in reduced risk-taking and ultimately lowers long-term returns. Statistics indicate that daily checks can yield up to a 47% chance of observing a loss, which can mislead investors despite the market's overall upward trend over extended periods.