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Keys to Successful Trading: Matching Personality with Trading Style Part I
Short-term scalping, intra-day, swing, position, automated are the five major types of trading - According to Jack Schwager, author of Market Wizards, successful traders usually match one of the five types of trading with their personality type - Traders who choose a trading method that is contrary to their personality have difficulty sticky to their trading plan Traders come from many different backgrounds, cultures, and have different personalities. People bring their beliefs and behavioral patterns to the market. These personality traits can sometimes be a great asset and benefit with certain types of trading. ... (full story)