Haha I am so sorry for the long story I wrote. I understand how you feel I was the same when I started and nothing made sense to me so I unfortunately learned a lot of things the hard way
, You could definitely pull off putting him on his own but I would just be concerned about him stressing on his own.. Unfortunately cichlids are very emotional fish and do stress quite easily which makes them unpredictable. Don’t worry at all you’re not being overly sensitive you’re just being a kind person and a good fish keeper
in you’re case to stop the bully you’d probably have to move him out. But the other cichlid? well if it’s a male then you might end up with a new bully who then attacks the mollies, it’s very trial and error really so it’s probably best to try moving the bully fish out and then seeing how the others react without him. Always remember to cycle the new tank and I’m sure we can all help with that aswell!