Disposition Effect: Does Investor Confidence Matter? Examining Service From Securities Brokerages

Purpose: This study aims to analyze the role of training program develop novice investors confidence in buying a stock. Novice undergo dilemma buy stock due limited knowledge which resulting disposition effect. Research regarding effect associated with for is still limited
 
 Theoretical framework: The tendency when sell stocks that have potential experience future profits early, otherwise tend hold losses too long so losses. Design/methodology/approach: research using quantitative approach and employ purposive sampling method total sample 192 respondents. Respondent criteria are investor market. Each respondent required fill questionnaire obtain data consist strongly disagree agree. Validity, reliability, hypothesis testing examined
 Findings: results indicate influence experience. result also showed impact confidence. implies need reduce represents program, experience, affect satisfaction
 Research, Practical & Social implications: asserted do practice. understanding will confidence.
 Originality/value: elaborate more experienced Previous lack elaboration its implication on satisfaction.