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 @MillionaireTiger @CaptainTiger
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