By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer Hindsight bias in trading journals is the reason a diligent record can run for eight months and change nothing. The entries are honest. The trader is not lying to the page, and would pass a polygraph on every line. What has happened is subtler and…
By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer | thewealthmirror.com Behavioural finance for traders is usually delivered as a glossary, and a glossary is close to useless at four in the afternoon with a position open. Twenty biases, each with a definition and a short example. The reader recognises most of them, finishes…
By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer | thewealthmirror.com The question what is trading psychology usually arrives from one specific moment, and it is rarely the loss itself. It is the moment afterwards, when you can explain exactly what you just did. You know it was revenge. You know the size was…
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.
