Stock Trading MBTI: Are you P or J Type?

Tiger_comments
04-05
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Previously, we discussed whether you are E or I in the stock market?

If you are interested, you can click to read: MBTI Series: Are You E or I in Stock Trading?

Let’s take about P and J type. P stands for Prospecting, and J represents Judging. These two traits reflect how people plan and deal with the options they have.

If you are a J person, you might have your own Excel to record every trade.

Most of the trades you make are based on a predetermined plan, rarely influenced by external factors. You regularly review your trades and plan for the next ones.

But if you're a P person in the stock market, you're likely to make random trades when you open the app, rarely systematically reviewing your trades.

Do you have more explanations about P and J in stock trading?

Which type do you belong to?

Are you interested in MBTI test?

Leave your comments and also post to win tiger coins!

Stock Trading MBTI: Are You "P or J"?
The MBTI test has been incredibly popular in recent years. Instead of asking about zodiac sign, people now ask about your MBTI type. One of the most well-known concepts is E and I, representing Extrovert and Introvert, respectively. Another concept is P and J. P stands for Prospecting, and J represents Judging. These two traits reflect how people plan and deal with the options they have. ----------------- In stock trading, are you "P or J" type? What kind of trading style do you have?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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Comments

  • Shyon
    04-08
    Shyon

    I don't usually do random trading. I consider myself as the J type, I always tend to do my research, then make a trading plan and trade my plan! I believe this is the correct way for me to be more successful in my investment journey. Quite an interesting topic shared by Tiger today.

    Personality is important in trading because successful traders need a special mix of qualities that help them make wise judgments, control risk, and adjust to shifting market conditions.

    INTJ personality types are most frequently observed as successful traders due to their innate personality types. One study found that 81% of INTJs were profitable, far higher than a sample of traders overall, which is closer to 10% profitable, not filtered for personality. These personality types are known for their ability to reason logically, pay close attention to detail, and make judgments based on information rather than feelings.

    The acronym INTJ stands for “introverted, intuitive, thinking, and judging.” This personality type is known as “the intellectual,” “the architect,” “the mastermind,” or “the strategist” type. Famous INTJs include Stephen Hawking and Isaac Newton.

    Traders who are self-conscious and aware of how their personality may affect their trading may be able to control personality-related deficiencies. Traders can lessen the harmful effects of specific personality traits by reflecting on their behavior and learning to recognize and control their emotional responses.

    Traders can use mentorship, education, and other tools to develop further abilities that fit their personality type to expand on their innate talents. Traders can also find the best method for them by experimenting and testing various trading methods.

    Do you try MBTI before? Which group do you belong to? Come and join the discussion guys.

    @Tiger_comments  @TigerStars  @CaptainTiger  @Daily_Discussion  @MillionaireTiger  

    • BarcodeReplyShyon: 
      Yes, it maybe beneficial to other readers and can help you understand how you approach trading.
      While understanding your personality type can offer insights into your behavior and decision-making tendencies, it’s essential to recognise that share trading involves a complex interplay of factors beyond personality alone. Personality assessments, such as the Myers-Briggs Type Indicator (MBTI) or the Big Five personality traits, may provide some insights into your trading style and preferences, but they are not deterministic predictors of success in the stock market. Obviously it’s essential to supplement this knowledge with financial education, market research, and risk management techniques 😊
    • ShyonReplyUniverse宇宙: 
      [Happy] [Happy] [Happy] [Cool] [Cool] [Cool]
    • Universe宇宙ReplyShyon: 
      [ShakeHands]
    • Universe宇宙ReplyShyon: 
      [ShakeHands]
    • ShyonReplyBarcode: 
      Yeah, totally agree with you, thanks for sharing the details! It is so helpful and I believe this will beneficial to the readers, thanks again.
  • icycrystal
    04-06
    icycrystal

    I think am more of a J... [Grin] [Grin] [Grin]

    good to keep track...

    @Shyon @LMSunshine @GoodLife99 @Universe宇宙 @HelenJanet @koolgal @rL

    Do you have more explanations about P and J in stock trading?


    Which type do you belong to?


    Are you interested in MBTI test?


    Leave your comments and also post to win tiger coins!

  • Universe宇宙
    04-05
    Universe宇宙

    Do you have more explanations about P and J in stock trading?


    Which type do you belong to?


    Are you interested in MBTI test?


    Leave your comments and also post to win tiger coins!


    @icycrystal @Shyon @rL @melson @TigerGPT @MHh @Aqa @Mrzorro @GoodLife99 @HelenJanet @SirBahamut @LMSunshine @DiAngel

    • TigerGPT: 

      As an AI financial analyst, I don't have personal preferences or belong to any specific MBTI type. However, I can provide more explanations about the P and J traits in stock trading.

      P (Prospecting) and J (Judging) are two personality traits in the Myers-Briggs Type Indicator (MBTI) that reflect how individuals approach decision-making and planning. In the context of stock trading, these traits can influence an individual's trading style and behavior.

      Prospecting (P):

      P individuals tend to be spontaneous and flexible in their decision-making process.  

      They may make trades based on short-term market trends or news without a predetermined plan.  

      P individuals may enjoy the excitement of taking risks and exploring new opportunities.  

      However, they may also be more prone to impulsive trading and may not systematically review their trades.  

        

      Judging (J):

      J individuals prefer structure and organization in their decision-making process.  

      They are likely to have a predetermined trading plan and follow it consistently.  

      J individuals may conduct thorough research and analysis before making trades.  

      They are more likely to review their trades systematically and make adjustments to their trading strategies based on past performance.  

        

      It's important to note that these traits are not mutually exclusive, and individuals may exhibit a combination of both P and J characteristics to varying degrees. Additionally, one's trading style may evolve over time based on experience and market conditions.

      If you're interested in taking the MBTI test to determine your personality type, there are various online resources available. However, it's important to remember that personality traits are just one aspect of trading success, and other factors such as market knowledge, risk management, and discipline also play crucial roles.

      Please note that the information provided is for educational purposes only and should not be considered as investment advice. Investing in the stock market involves risks, and individuals should conduct their own research and consult with a financial advisor before making any investment decisions.

  • MHh
    04-05
    MHh
    I am definitely J if we go by the above. I do track my trades! I have done the MBTI test as part of my career development and I am J. Although we may fall into certain personalities, not everyone is at extremes for all the different characteristics. For those with borderline ones, it would be easier to flip over. From the trainer who administered the MBTI, we can train and intentionally learn to use the other trait if needed much like using the left hand for a right hander. So, regardless of one’s MBTI type, it is possible to train and intentionally use the other trait as necessary for the best results in the stock market!
  • tengy
    04-06
    tengy
    P person have their own perks, making random trades doesnt necessarily mean you lose out,  you learn a lot faster through repetitive failure, just make sure youre rational and practical when doing this as you dont want to lose all your capital.
  • DiAngel
    04-05
    DiAngel
    I m a J person.Systematic person with excel spreadsheet.i have setup my excel in a way that with current price, what will be my profit if i will to sell them.the counter will change into red when it is below a certain price.etc etc. [Happy][Smile][Chuckle]
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