🧠 *Dopamine and Decisions: The Trader's Brain Under Pressure**
Each winning trade generates a release of **dopamine**, the neurotransmitter of pleasure. This can lead to an illusion of control, causing the trader to feel that they "master the market." But this brain stimulus also triggers cognitive biases: one of the most common is **overconfidence bias**, which distorts the perception of risk. In times of high volatility, this effect can intensify, leading to impulsive decisions. The key is to identify when we are trading from emotion and when from analysis. Studies in neurofinance show that successful traders train their minds as much as their strategy: they know their biases, control their impulses, and turn patience into an advantage.
Journal of Neuroscience & Trading Psychology Edge