From Tilt to System: A Practitioner's Framework for Managing Cognitive Biases in Retail Trading

Key Points

• The research aims to develop a framework for managing cognitive biases that affect retail trading decisions.
• Developed a practitioner-derived framework over 13 years of market participation.
• Integrated volume analysis and Wyckoff methodology as key tools.
• Categorized and identified various cognitive biases relevant to retail trading.
• Presented a structured approach to reduce reliance on subjective judgment.
• Demonstrated the effectiveness of combining volume analysis with cognitive bias management.