By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer Overconfidence after a winning streak is the one trading-psychology problem that arrives disguised as evidence. The account is up, the last four calls were right, and the conclusion — that the read has improved — is the most reasonable thing available. It is also 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 Impostor syndrome in trading has a peculiar distribution: it appears most often in traders whose results have started to work. The unprofitable trader rarely reports it. They have a straightforward problem and they know what it is. The report comes from the person three months…
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 The question what is trading psychology usually arrives from one specific moment, and it is rarely the loss itself. It is the moment afterwards, when you can explain exactly what you just did. You know it was revenge. You know the size was…
By Sofia Harchich | Trading Psychologist & Behavioural Finance Writer | thewealthmirror.com Why intelligent investors lose money is a question best answered from paperwork rather than from theory. Why intelligent investors lose money is answerable this way because analytical investors leave a trail. Notes, spreadsheets, screenshots, a thesis document, a post-mortem. That trail is unusually…
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…
Loss aversion trading is one of the most expensive psychological patterns a trader can carry. Here’s what it actually is, how it shows up in your decisions, and how to work with it.
By Sofia Harchich | Trading Psychologist & Behavioural Finance writer | thewealthmirror.com Fear and greed in trading are described everywhere as two opposing forces, and the description is doing real damage to the people who act on it. The model is intuitive. One emotion makes you take too much risk, the other makes you take…
