Section
Research
Original data and analysis from the PnL App team, covering trader behavior, market structure, and the patterns behind profit and loss. Research here is grounded in real trading data, not theory alone.
Behavioral Research
Why Traders Underestimate How Often They Break Their Own Rules
Ask a trader how often they follow their rules and most describe a much more disciplined pattern than their actual trade records show. The gap itself is worth understanding.
Behavioral Research
The Behavioral Gap Between Demo Trading and Live Trading
Many traders perform noticeably differently on a demo account than on a live one, even with the same strategy. The gap is behavioral, not technical.
Behavioral Research
Patterns in Retail Trader Behavior After a Losing Streak
How does position sizing and trade frequency typically shift after a string of losses? A look at the behavioral pattern, with an illustrative example of how it tends to show up.