Confession#10. I believe in the meyers-Briggs personality test (great searchable therad on et some years back) And am pretty sure anyone who is an "s" or a "p" type (well over 50% of the population) has virtually no chance of becoming a successful trader.
Confessions of a successful trader
- Thread starter StLouisTrader
- Start date
At the moment, I am INTJ, but I got a feeling that things could change.
I'm an INTJ also. Rough numbers, something like 3% of the population are INTJ's, tho maybe 50% of those responding to the ET thread I mentioned were INTJ. It appears to be the "most popular" trader type, at least for those who are willing to take the test and post the results on the internet. No way to tell how successful INTJ's are vs. other types tho.
Confession #11:
Sure, I put in long hours for the first few years, but I always thought I was the type who would "be all you can be" (without joining the army). Doing well has caused me to become really, really lazy. I almost never trade the afterhours anymore, or even work past noon.
Sure, I put in long hours for the first few years, but I always thought I was the type who would "be all you can be" (without joining the army). Doing well has caused me to become really, really lazy. I almost never trade the afterhours anymore, or even work past noon.
if ur a weak p ur probably better off. An issue typical of the p is u may have a tendency to want to keep your options open (while gathering additional information) rather than pull the trigger on a trade. Net result: good ideas but late entries or no entry at all. If you are a weak p u may not have this issue at all.