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

[easymon1]

 

[murray t turtle]

Man or Woman, which is more likely to be successful at trading?

Man.
you hardly see any women in the broker's or bank's trading houses

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Small sample\looks like you included a limited an mount of public markets;
real estate is full of females that excel.
As far as personality, that doesn't matter also.
Trading [stock markets....]can be tough on emotions which may explain your point??

 

[JSOP]

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.

Well it's easy for an introvert to become an extrovert when everybody is complimenting telling him how great he is. And it can just as easily for an extrovert to become an introvert when he is constantly bullied on a daily basis. Majority of the children are extroverts but many become introverts once they get older. So whether one is an extrovert or an introvert is largely decided by the people and the environment that he is in at every stage of life.

 

[VicBee]

So whether one is an extrovert or an introvert is largely decided by the people and the environment that he is in at every stage of life.

The nature versus nurture argument is as old as the world and certainly unsettled. Kids are born with intro or extrovert personalities. Environment's role and the degree of impact is difficult to gauge.

 

[solartimes]

The erasure on ambivert..
On a serious note, I do not think your personality traits affect your trading skill to make you successful. It does not work that way. You will need to have a good skill and knowledge when it comes to trading. Also being disciplined is a must.

 

[ThinkOrSwim Ranger]

Psychological research has indeed shown that traders are divided by personality type into extroverts and introverts. And based on the fact that trading in the foreign exchange market is an occupation that requires solitude, we can conclude that this type of activity is more suitable for introverts. But communities created to share information and fresh ideas (extroverts) are also effective. These days, even true introverts often hire mentors and coaches for themselves, realizing that self-isolation cannot bring tangible results in the long term. And also there are no statistics, who is more successful - an introvert or an extrovert. And no book says that.

 

[mab81]

Both can do well. An introvert may be more focused and prefer to work things out alone, but generally he will be very keen on his personal strengths and analysis, and an extrovert can learn through others and be willing to share and that is good for learning too.

 

[Hellbringer]

I don't think that it matters so much.
Anyway, trading presupposes spending much time following the charts and analysing the market. I don't think that it will be a problem for an introvert to write on forums and ask for advice because it doesn't imply any serious communication. The opposite thing is true about extraverts. Majority of people who come to the market have a kind of impression of what trading is all about.

 

[noframe]

Just a thought - Long-term traders are introvert and day-traders are extrovert.

 

[jocrape]

Both introverts and extroverts have their positives and negatives but I don’t think it has much to do with being a successful or unsuccessful trader. Their ways of learning can be different but what matters is how well prepared they are at the end.