By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer Averaging down a losing trade rarely feels like a mistake while it is happening. It feels like conviction: the analysis was sound, the price is now better, and adding is what a confident trader would do. The difficulty is that the same feeling is present…
By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer Why traders move their stop loss is a question with an unusually well-documented answer, and the documentation almost never reaches the trader, who is generally told it is a discipline problem. The reasoning that arrives at the moment of moving it is worth attending to,…
By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer | thewealthmirror.com Trading addiction psychology sits in an awkward place, and the awkwardness is worth naming before anything else. The topic attracts two kinds of writing. One treats every enthusiastic trader as an addict, which is both alarming and useless. The other dismisses the category…
