By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer Trading while tired is usually treated as a minor inefficiency — slower reactions, a missed level, a sloppy order. The more expensive effect is harder to notice from the inside. Fatigue changes which outcomes feel likely, and it shortens the interval between a market event…
By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer Prop firm challenge psychology is usually discussed as a matter of nerve: stay calm, follow the rules, do not overtrade. The advice is sound as far as it goes, but it skips the part that makes a challenge different from ordinary trading. A challenge adds…
By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer Trading decisions under market stress are not weaker versions of ordinary decisions. They are produced by a different process — faster, more habitual, less sensitive to what the screen is actually showing — and the written plan can be sitting a few inches away and…
By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer Being profitable on demo but not live is usually read as proof of something unflattering: that the strategy only works when nothing is at stake, or that the trader is the weak point in an otherwise sound method. The first reading is occasionally true. The…
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 Analysis paralysis in trading produces a record with a distinctive shape: a small number of entries, a large number of charts examined, and a folder of screenshots of setups that were valid and never taken. The experience from inside is of being careful. One more…
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 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 Overtrading psychology is usually discussed as though overtrading were one condition with one cause, which is why the advice about it works for roughly a fifth of the people who follow it. Three traders take forty entries in a week where their plan called…
By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer | thewealthmirror.com Emotional discipline in trading is almost always prescribed in the same form: you need more of it. The advice is delivered to people who have already tried. They have written the rules, made the commitment at eleven at night, and broken it at…
