How Fit Are You For Trading? by Ned Gandevani, Ph.D.
Reach your full potential as a trader by understanding your
Trading psychology plays an instrumental role
in successful trading. Traders who are successful
realize they are not trading the markets
but rather their own psychology. But
what does trading psychology really refer to?
How do you know if you have the proper
psychological profile to be a trader? What style of trading
suits you best? What specific type of trading vehicle would
best fit your personality?
The trading personality test in the sidebar will help you
identify your trading personality profile (TPP). This test can be used to identify your strengths and weaknesses with regard
to trading. This information will then help you to develop
specific strategies for optimizing your trading. To break
down various aspects of your personality, however, the fivefactor
model is useful.