It is important to know what type of Trader you are!
All Trader Types
Accurate Trader
If you are an accurate trader, then you tend to be quiet and very responsible in meeting your obligations even beyond the call of duty. You are also thorough, practical and very accurate. You are the type of person that I'd want keeping track of my trades and that is your strong point. Your world probably tends to be very concrete and you value harmony and co-operation. However, trading/investing ideas tend to be very abstract. In addition the trading world tends to be very solitary...
One of your Trading Strengths
If someone hands you a system that works – you can follow through with it. You like things that are proven.
One of your Trading Challenges
Thinking too much could lead to analysis paralysis which could be a constant threat.
Administrative Trader
http://www.tharptradertest.com/administrative-trader-report.aspx
People who fit into this category have several of the qualities that make a good trader. You tend to be practical and realistic, and decisive. You move quickly to implement decisions and these are all good for trading. You love facts and what you think is concrete. You are very good at making sure that things run smoothly. As a result, you tend to be good at organizing projects and people to get things done the most efficient way possible...
One of your Trading Strengths
You should have no problems staying with and executing a simple trading system that someone gives you and you feel confident about.
One of your Trading Challenges
You love the details of trading system analysis and development so much but you can often be working on the wrong things. Your efforts can be misguided if you are following the wrong guidelines or advice.
Adventurous Trader
Generally you are a quiet and flexible observer until a problem appears and then you act quickly to find a solution. You are good at determining what makes things work and going through a large amount of information to find out what is important. This quality will help you immensely as a trader. You are not easily persuaded by anything that is not based on fact. However, if your orientation tends to be external, then you are probably a big risk taker...
One of your Trading Strengths
You're great at analyzing details to determine what makes things work.
One of your Trading Challenges
You might have problems with self analysis which is critical to eliminating mistakes in trading.
Accurate Trader
If you are an accurate trader, then you tend to be quiet and very responsible in meeting your obligations even beyond the call of duty. You are also thorough, practical and very accurate. You are the type of person that I'd want keeping track of my trades and that is your strong point. Your world probably tends to be very concrete and you value harmony and co-operation. However, trading/investing ideas tend to be very abstract. In addition the trading world tends to be very solitary...
One of your Trading Strengths
If someone hands you a system that works – you can follow through with it. You like things that are proven.
One of your Trading Challenges
Thinking too much could lead to analysis paralysis which could be a constant threat.
Artistic Trader
Being an Artistic Trader suggests that you enjoy what's going on around you and being in the "now." You like to have your own space and work within your own time frame. In this sense you enjoy the independence of trading, although not the fixed hours of the markets. One of your strengths is your ability to be open-minded, adaptable and flexible, so if you can figure out how to apply that to trading, it will improve your chances of success...
One of your Trading Strengths
You have an ability to be open minded, adaptable and flexible within your trading.
One of your Trading Challenges
Finding and fixing mistakes are not preferred behaviors.
Detailed Trader
The Detailed Trader type suggests that you are very quiet and serious. You tend to earn your success by being thorough, methodical, systematic, organized, and dependable. You are also realistic and responsible as long as things make sense for you. You have two of the three qualities that are necessary for trading success (i.e. You make decisions based on logic and analysis and you are decisive, orderly and do things sequentially). Thus, if you are willing to commit yourself, you'll probably be quite successful as a trader. However, you may need some help seeing the big picture that is necessary for trading success...
One of your Trading Strengths
You should have no problems staying with and executing a simple trading system that someone gives you and you feel confident about.
One of your Trading Challenges
You love the details of trading system analysis and development so much but you can often be working on the wrong things. Your efforts can be misguided if you are following the wrong guidelines or advice.
Facilitative Trader
The Facilitative Trader type suggests that you are very quiet and serious. You tend to be very sociable and good at facilitating others as a group leader. You tend to provide inspiring leadership as you find potential in everyone and you want them to fulfill their potential. As a result, you might be a good leader of traders, but be aware that you could be stretching yourself to be an individual or solitary trader. However, you probably like to be well organized, which is quite a useful trait for a trader/investor and you do have two of the three core qualities that are essential to being a great trader (i.e. you have the ability to see the big picture and connections between things. You are also decisive, orderly and able to do things sequentially).
Furthermore, you'll work at maintaining structure but you probably do not like to deal with logic and ideas, so trading system development could be a big problem for you.
One of your Trading Strengths
You bring energy, creativity and a willingness to explore new ideas to system development and trading.
One of your Trading Challenges
May have a need for external confirmation of your ideas, systems and beliefs to the detriment of developing your own system.
Fun-Loving Trader
You tend to be optimistic, outgoing, playful, loving life, the people around you and your material comforts. You probably enjoy working with others to make things happen and are more gregarious than the other trader types, finding security in your connection with others. You also bring a logical, common sense approach to your work. And you like to things to be fun. You are highly productive and have an infectious zest for life...
One of your Trading Strengths
If you choose to trade, you would be optimistic about your chances in the markets.
One of your Trading Challenges
You will have a tendency to throw good money after bad to try to jumpstart a losing trade and turn it around.
Independent Trader
If the markets interest you, you'll probably work to develop a logical explanation for how they work. This is because you love theoretical ideas and abstract concepts (in fact, much more so than people interactions). This can be great for trading success, if you don't get too theoretical. This type of trader profile suggests that you value knowledge above all else. As a result, you'll be constantly generating new ideas about the market or trying to disprove the ideas that you learn from others...
One of your Trading Strengths
You can quickly determine if a new style of trading or system will fit well with your personality.
One of your Trading Challenges
Your trading could dominate your time and you could become socially isolated, which in turn could upset others, particularly if you have a spouse.
Innovative Trader
Your goal is probably to understand the world, constantly absorbing new information that comes your way. You then process all of this through your intuition to quickly size up what is going on around you. This can be an excellent quality for traders and investors if you get the right information. Otherwise your decisions and conclusions may tend to be flawed. And this could be costly for you as a trader...
One of your Trading Strengths
You can quickly determine if a new style of trading or system will fit well with your personality and you get very excited about it.
One of your Trading Challenges
You want external confirmation for everything and have a strong need for a mentor.
Planning Trader
You tend to be decisive and to the point. You'll quickly assume leadership when it is called for by the circumstances around you. You have the ability to quickly develop and implement trading systems to meet your needs. You have the three core qualities that are essential to being a great trader (i.e. you have the ability to see the big picture, new possibilities and connections between things. You make decisions based on logic and analysis and you are decisive, orderly and do things sequentially). You can easily spot logical inefficiencies in the market and take advantage of them, especially if you are pointed in the right direction. You enjoy long-term planning and goal setting and seem to enjoy learning, expanding your knowledge and staying well-informed...
One of your Trading Strengths
Originality and drive; willingness to follow your ideas through to completion.
One of your Trading Challenges
Probably so logical that you don't recognize when emotions are causing you to self-destruct.
Socially Responsible Trader
Socially Responsible traders tend to be very loyal, especially to your values and to people who are important to you. In addition, you want an external life (and a market) that is congruent with your values. However, the market is going to do what it is going to do. You tend to be quick at seeing the possibilities, meaning that you can easily find opportunities in the market. You probably deal with the market according to your personal values and how you feel at the time...
One of your Trading Strengths
Totally motivated by your values and what "feels right" to you.
One of your Trading Challenges
Without an understanding of how to evaluate systems, you may persist in your market and trading beliefs despite the weight of objective evidence to the contrary.
Strategic Trader
You probably live in a world of ideas and strategic planning. This is because you value intelligence, knowledge, and being competent. These are great qualities for a trader/investor. In fact, you have the three core qualities that are essential to being a great trader (i.e. you have the ability to see the big picture, new possibilities and connections between things. You make decisions based on logic and analysis and you are decisive, orderly and do things sequentially). You have an original mind and a great drive to implement your ideas and achieve your goals. Thus, if trading success is important to you, you'll probably find a way to achieve it...
One of your Trading Strengths
Originality and drive; willingness to follow your ideas through to completion.
One of your Trading Challenges
Probably so logical that you don't recognize when emotions are causing you to self-destruct.
Supportive Trader
You tend to focus on the details of life, seeing what needs to be done and doing it in a conscientious manner. You take your responsibilities very seriously and you are very dependable, practical and realistic. At the same time, you strongly value security and stability. You tend not to be a risk taker, but you could see yourself as an investor as long as you had a structure to work under...
One of your Trading Strengths
Your creativity often comes from flashes of insight into the nature of things or the needs of people.
One of your Trading Challenges
You have trouble taking socially adverse trades, which if you dig deep would eliminate a lot of options for you in trading.
Values Driven Trader
Value Driven Traders typically need to do their own thing and trade something they deeply believe in that is self-generated. If you've listened to the media about what's important to success, then you could find yourself trading with some version of that, but with disastrous results. You tend to get your sense of meaning out of relationships, ideas, and material possessions, which suggests that you would tend to be motivated to make money. You have two out of the three characteristics that make a great trader you have the three core qualities that are essential to being a great trader (i.e. you have the ability to see the big picture, new possibilities and connections between things. And you are decisive, orderly and do things sequentially)...
One of your Trading Strengths
Can readily grasp how the markets work and develop new low-risk ideas.
One of your Trading Challenges
If you accept the status quo of society and how trading “should be done” as your understanding of the markets, then you’ll probably jump right in and make a mess of things.
FIND OUT WHAT TYPE OF TRADER YOU ARE ! here > http://www.tharptradertest.com
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