By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer Mindfulness-based trading presence is usually sold as calm, and calm is the wrong target. A trader who is calm when the position is moving against them is not regulated; they are either numb or not yet paying attention. What presence actually changes is narrower than…
By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer | thewealthmirror.com Most lists of meditation apps for traders are lists of meditation apps with the word “traders” added. The ranking underneath is the one written for sleep, stress or productivity, and it answers a different question. A trading session makes three specific demands of…
By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer How to follow your trading plan is a question usually asked by someone who read their plan that morning. That detail is the whole problem, and it is the one the standard answer cannot accommodate. The information was present. The rules were legible. You could…
By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer | thewealthmirror.com Emotional stages of trading appear in almost every course on the subject, usually as a numbered sequence with a diagram, and almost never with a source. Five stages, seven stages, a curve running from optimism through euphoria to despondency and back. The models…
By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer | thewealthmirror.com The neuroscience of trading under stress has become the most confidently cited body of science in an industry that rarely reads it. Three claims do most of the work. Your prefrontal cortex shuts down. Your amygdala hijacks the decision in milliseconds. Cortisol makes…
By Sofia Harchich | Trading Psychologist & Behavioral Finance Writer | thewealthmirror.com Risk tolerance psychology has a measurement problem that almost nobody names: the standard instrument asks a calm person to predict the behaviour of an agitated one. Every risk questionnaire works this way. A series of hypotheticals, answered at a desk, with nothing at…
By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer | thewealthmirror.com Pre-trade routine trading psychology suffers from a specific problem: the routines being published are all the same routine, and they are aimed at four different traders. Breathe, review the plan, check the levels, set an intention, note your state. Five to seven steps,…
