By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer Scarcity mindset in trading is unusually hard to see from the inside, because every behaviour it produces looks like good practice. Smaller size than the plan specified. A valid setup passed over. Profit taken at a third of target. Two weeks out of the market…
By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer | thewealthmirror.com Money psychology self-awareness usually arrives as an invitation to reflect, which is why it produces so little. Reflection is not the problem. The problem is that a belief about money and a decision about size are separated by four distinct steps, and reflection…
By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer | thewealthmirror.com Financial anxiety investing is usually approached in the wrong order: resolve the anxiety, then invest well. That sequence has an obvious appeal and a practical problem. The feeling is not reliably removable on a schedule, the market operates regardless, and a trader waiting…
By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer | thewealthmirror.com Childhood money beliefs are invoked more confidently in trading psychology than the evidence supports, and the overreach is doing real harm to a genuinely useful idea. The strong version runs like this: what you saw about money before the age of about eight…
By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer | thewealthmirror.com Money and self-worth are usually examined through a losing month, which is the wrong experiment. A losing month tells you very little, because everyone feels worse when they have lost money and the effect is confounded with the ordinary discomfort of the loss….
By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer | thewealthmirror.com Money mindset finance psychology rests on a claim that sounds obviously true and turns out, under examination, to be the weakest link in the whole field. The claim is that behaviour follows belief. Change what you believe about money — from scarcity to…
