Glossary · reference sheet · Market Psychology
Bias Checklist
Pre-trade and quarterly self-checks against your own wiring.
Before any trade
- Setup written?If no setup exists, there is no trade (kills FOMO).
- Size from formula?Risk budget ÷ stop distance — not conviction.
- State checkAm I trading to feel something (revenge/boredom/excitement)?
On existing positions
- Buy-today testWould I buy it at this price today? If not — why hold?
- Anchor checkAm I citing my entry price or an old high as value?
- Fresh-eyes ritualQuarterly: re-decide each holding as if unowned.
On yourself
- Journal reviewTag trades by state: planned/chased/revenge — fix the worst bucket.
- CalibrationScore your predictions vs. outcomes; adjust confidence to reality.
- Base-rate checkBefore "my case is special," check how similar cases went.
How to use this sheet
Read a row as a claim, not a fact: the term, what it means, and the condition that makes it matter. Each term has its own page, and the lessons it belongs to are linked from there.
Learn content is for education only — not individualized financial advice, a recommendation, or a solicitation to buy or sell any security. Options involve substantial risk. Examples are simplified and historical patterns never guarantee future results.