Successful trader's personality

BONECRUSHER said:
Volente...I'm a myers-briggs junkie (INTJ)...sounds like you are too? I've often wondered about the claim that NT's have an innate advantage over other types when it comes to trading, do you know of any studies done that prove this theory?:)
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I seen a few surveys that had a strong correlation indicating this but I don't have the links to them at the moment. Also from traders that I know, the majority of the profitable ones have been.
 
Spectre2007 said:
We don't live forever, some die sooner than others. Whatever you do in life will soon be forgotten in the dimension of time. The years go by quicker with each passing. The evil and grief that is out there, and protecting your family from it is the only true goal. No matter how many millions you have and what you pass on to your children will soon be lost, if your children have not been taught core values. Making money becomes only a game..
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Amen brother
 
Protection and avoidance! Traders can help to protect themselves from slippage by avoiding market orders when not necessary. This makes a trade successful.
 
Bobby Jay said:
Protection and avoidance! Traders can help to protect themselves from slippage by avoiding market orders when not necessary. This makes a trade successful.
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If never making new transaction then will safe and never facing with risk, but also never made money because no any hope due no order
 
Trading is like being the coyote, you have to keep trying and years go by, at some point you become the road runner, and all you see are coyotes. There are all kinds of personalities, but bottom line, when it comes down for game time, you are focused and in the groove, you don't think of the money, you think of trading well, in percentages and risk.


 
It is not ideal to trade just to make a trade, even fx veteran traders can identify with this temptation. It takes tremendous discipline to stay away from frivolous trades due to boredom.
 
When on boredom, will to do something also felt lazy, in addition to trade, if facing loss hence will felt disappointed, and maybe if on bad mood hence better stay away from the market and let refresh minds
 
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