Trading Psychology

Anchoring Bias – I Refuse to Change My Mind!

What Is Anchoring Bias in Trading (and How to Beat It)? Last updated: 14 June 2026 · By Spencer Li, CFTeAnchoring bias is the tendency to lean too hard on the first number you see, and then judge everything after it against that number instead…
Trading Psychology

How to Think Like a Trader by Changing your Frame

Trading Psychology: The Behavioral Biases That Cost Traders Money (and How to Beat Them) Last updated: 3 July 2026 · By Spencer Li, CFTeTrading psychology is the study of how your own mind, not the market, decides whether you make or lose…
Trading Psychology

The Psychology of the Stoploss – Why is it so Hard to cut Losses?

Many new to trading have the tendency to liquidate positions that show a small profit, yet they keep those positions that show a loss as are unwilling to take a loss, in hope that prices will rebound. Such a counter-intuitive strategy will…