By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer | thewealthmirror.com A trading journal for emotional traders fails at a different point from a journal kept for reviewing setups, and choosing the wrong method is the commonest reason the habit does not last a month. Setup review needs detail: screenshots, annotations, market context. Behavioural…
Loss aversion trading is one of the most expensive psychological patterns a trader can carry. Here’s what it actually is, how it shows up in your decisions, and how to work with it.
By Sofia Harchich | Trading Psychologist & Behavioural Finance writer | thewealthmirror.com Fear and greed in trading are described everywhere as two opposing forces, and the description is doing real damage to the people who act on it. The model is intuitive. One emotion makes you take too much risk, the other makes you take…
By Sofia Harchich | Trading Psychologist & Behavioral Finance Writer | thewealthmirror.com Repeating trading mistakes produce a particular kind of private conclusion, and it usually arrives around the third or fourth time. The explanation changes each time. The first is bad luck. The second is carelessness. By the fourth, the explanation has quietly changed shape: it is…
Understanding the psychology behind revenge trading — and the only way out of the loop.
