Introvert or Extrovert, which is more likely to be successful at trading?

In Small-cap trading, Many introverts will trade a stock, research filings, etc but Never contact the CEO which is a big failing. Extrovert is a good personality trait for learning how to close in trading and expanding your network. You are usually a by-product of who you surround yourself with.

I have an introverted personality by nature but have trained myself to hit the phones more and do more outreach to expand my network. Talking to CEOs, IR and Promoters has enhanced my research skills in a big way and have a new perspective.
 
Eafetrader said:
Introvert or Extrovert,...which is more likely to be successful at trading?

An extrovert will build a network of successful and similarly focused others,
....leverage their experience and insights to develop better strategies and
trading methods.

An introvert will have undisturbed time to oneself, time to learn from books,
online courses, and build an approach unique to that individual.

I have been told (by an introvert) that changing from an introvert to an extrovert is not possible, and that extroverts cannot understand such embedded personality traits. Also that either camp does not understand why the other cannot be like them.

My thought is that doing whatever it takes to be successful would include such an ability to make profound changes. Simply, if a goal is important enough, any change is possible.

Are there more successful introvert traders out there?... (no way of telling, as they are private, never would hear from them).

Or are more successful traders by nature extroverts? ...learning from and sharing with other traders.

Curious as to any thoughts. Thanks.
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Both, as long as you can make money, you can be a successful trader. The trader profession is a very dynamic one that encompasses many segments in the financial industry and requires a wide variety of skills and competence that being both an introvert or an extrovert would excel at.
 
You want to punish an extrovert, - put him alone next to books & charts & screens.

Look at the best ones.

How many of em builded their empires with a group of people ?

Majority started alone/1 ~ 2 close friends

Doesn't mean that an introvert can't become an extrovert for a short period. Actually many well known ,,extroverts" were - introverts.

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At the same time there's no absolute intro or extro.
One side is just more dominating.
 
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Eafetrader said:
An extrovert will build a network of successful and similarly focused others,
....leverage their experience and insights to develop better strategies and
trading methods.

An introvert will have undisturbed time to oneself, time to learn from books,
online courses, and build an approach unique to that individual.
More...

Daytrading since the early nintees, I never succeeded to build a network. At that time in EU almost nobody even had a clue what daytrading was. How can they then be useful?
I also never meet a person who shared his/her experiences and brought any thins that made sense. Especially as I apparently have a complete different approach to trading than 99% of traders.

HobbyTrading said:
I disagree with this statement.
An extrovert will indeed build a network. But that network will not be limited to successful people only. Thus the extrovert person will be exposed to not helpful inputs, which could pull the extrovert away from reaching his/her goal.
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Exactly, other people would bring me only things that would have a negative impact on my trading. Assuming that they even know what they are talking about.


HeSaidSheSaid said:
if I remember correctly a conclusion from the Jack Schwager's market wizards books said they tend to be introverts.
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That's my personal experience too. I am a very extrovert person, except when it concerns trading as most people don't understand what I am doing and I am not willing to explain it.
 
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