By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer | thewealthmirror.com FOMO breakout trading psychology is usually described in terms of what the trader felt, which is the least reliable evidence available about it. Feelings during a breakout are reconstructed afterwards, from the outcome, by someone who now knows whether the entry worked. What…
By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer | thewealthmirror.com Trading psychological triggers are usually discussed as inventory: things you have, that should be identified, and ideally removed. The framing produces a familiar and unproductive exercise. A trader lists their triggers — losses above a certain size, gaps against a position, a particular…
By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer| thewealthmirror.com Emotional trading is the most-used phrase in this field and one of the least useful, because it names a symptom that four different mechanisms produce. A trader says they trade emotionally and means, variously: that they size up after wins, that they cannot close…
By Sofia Harchich | Trading Psychologist & Behavioral Finance Writer thewealthmirror.com Panic selling psychology is almost always written for the wrong moment. The advice arrives calm and reasonable: stay rational, zoom out, remember your time horizon, do not act on emotion. All of it is correct, all of it is written by someone at a…
