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What personality makes a trader

  • Poll

  • What type are you? Take this test http://similarminds.com/jung.html
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  • #1
  • First Post: Edited 5:19am Jan 8, 2012 4:41am | Edited 5:19am
There's a Jungian test that's proven itself to be worth taking.

I'd like to see if there's a certain 'type' that leans towards trading. Later we can work out if there's a type which becomes a great trader.

So if you're a trader, or really want to become one, feel free to take this test and post your type

http://similarminds.com/jung.html

It might be best to take the test twice, just to be sure of an accurate result

Enjoy
  • #2
  • Jan 11, 2012 5:02am Jan 11, 2012 5:02am
Hi If,


What am I doing trading, I could have been a dictator or an assassin!


favored careers:

dictator, computer consultant, international spy, tv producer, philosopher, comedian, music performer, it consultant, fighter pilot, politician, diplomat, entertainer, game designer, bar owner, freelance writer, creative director, strategist, news anchor, professional skateboarder, airline pilot, comic book artist, college professor, private detective, mechanical engineer, lecturer, ambassador, astronomer, research scientist, judge, web developer, scholar, fbi agent, cia agent, electrical engineer, assassin
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Jan. 11 11.52.gif Size: 31 KB
  • #3
  • Jan 11, 2012 5:08am Jan 11, 2012 5:08am
Quoting L. Park
Hi If,


What am I doing trading, I could have been a dictator or an assassin!


favored careers:

dictator, computer consultant, international spy, tv producer, philosopher, comedian, music performer, it consultant, fighter pilot, politician, diplomat, entertainer, game designer, bar owner, freelance writer, creative director, strategist, news anchor, professional skateboarder, airline pilot, comic book artist, college professor, private detective, mechanical engineer, lecturer, ambassador, astronomer, research scientist,...
I'm proud to be one too

But we're destined to be poor, possibly unmarried, dropouts too

http://www.personalitypage.com/html/demographics.html

Perhaps it's for the best though
  • #4
  • Jan 11, 2012 8:09am Jan 11, 2012 8:09am
I guess they left at least one dictator out of the results http://www.dailymail.co.uk/news/article-1361919/Muammar-Gaddafi-familys-astonishing-wealth-revealed.html.
At least I am glad that I am defying one part of the statistics (happily married).
  • #5
  • Jan 11, 2012 8:12am Jan 11, 2012 8:12am
Quoting L. Park
At least I am glad that I am defying one part of the statistics (happily married).
Me too. To a long suffering ISTJ
  • #6
  • Jan 11, 2012 10:03am Jan 11, 2012 10:03am
Just asked mine to take the test, she's a ESFP.

What do you mean by long suffering, is she sick?
  • #7
  • Jan 11, 2012 10:04am Jan 11, 2012 10:04am
Quoting L. Park
Just asked mine to take the test, she's a ESFP.

What do you mean by long suffering, is she sick?
No, we're just a lot to put up with

I am, at least
  • #8
  • Jan 11, 2012 10:27am Jan 11, 2012 10:27am
Same here, our birthdays are one day apart, we have the same temperament.
  • #9
  • Jan 11, 2012 10:29am Jan 11, 2012 10:29am
Quoting L. Park
Same here, our birthdays are one day apart, we have the same temperament.
Your poor poor wife must be an
  • #10
  • Jan 11, 2012 12:38pm Jan 11, 2012 12:38pm
ENTP as well, however each category was very borderline.

I think certain aspects would definitely be shared by many successful traders-- specifically the mental questions regarding planning and analyzing vs. spontaneity & feelings... i.e. most successful traders probably skew towards the "have a plan" and be "analytical/logical" side vs. shooting from the hip based on feelings.

I do doubt (based on my feelings ) that the more social-related aspects of the questionnaire have much effect on how well one trades. And as always with threads of this nature on the forum, you've got two issues: are people answering the questionnaire honestly, and are people honest about their own trading abilities. I'm afraid you won't get any worthwhile results here, but certainly an interesting concept still.
  • #11
  • Jan 11, 2012 12:42pm Jan 11, 2012 12:42pm
Quoting smittens4212
ENTP as well, however each category was very borderline.

I think certain aspects would definitely be shared by many successful traders-- specifically the mental questions regarding planning and analyzing vs. spontaneity & feelings... i.e. most successful traders probably skew towards the "have a plan" and be "analytical/logical" side vs. shooting from the hip based on feelings.

I do doubt (based on my feelings ) that the more social-related aspects of the questionnaire have much effect on how well one trades. And as always...
Good points

but I still hope people don't answer with their 'wish list' of personality traits.

Some people don't like themselves, true, and may skew the results a bit.

But we hope for the best
  • #12
  • Jan 11, 2012 12:54pm Jan 11, 2012 12:54pm
While we're on it, because I find this stuff particularly interesting, what do you think about the Narcissistic Personality Inventory test? I'd be interested in seeing traders responses to this, especially as the link between psychopathy and trading has been raised in psychology circles before, narcissism being one aspect in particular that I don't doubt many traders show...

http://psychcentral.com/quizzes/narcissistic.htm

Quote
The Narcissistic Personality Inventory (NPI) is the most widely used measure of narcissism in social psychological research. The NPI is often said to measure "normal" or "subclinical" (borderline) narcissism (i.e., in people who score very high on the NPI do not necessarily meet criteria for diagnosis with NPD). Research has found that people who score high on the NPI are more likely to cheat...

Of course, given the negative connotations of the survey, I've found that people answer much more honestly if they don't know what the survey is measuring. I also really like the structure of the test-- it's a forced "Yes/No", so there's no room for waffling or "sort of agree".

edit: not to hijack your thread of course, just thought you may also be interested
  • #13
  • Jan 11, 2012 12:59pm Jan 11, 2012 12:59pm
Quoting smittens4212
While we're on it, because I find this stuff particularly interesting, what do you think about the Narcissistic Personality Inventory test? I'd be interested in seeing traders responses to this, especially as the link between psychopathy and trading has been raised in psychology circles before, narcissism being one aspect in particular that I don't doubt many traders show...

http://psychcentral.com/quizzes/narcissistic.htm



Of course, given the negative connotations of the survey, I've found that people answer much more honestly...
I'd be glad to take it, if you want to make a poll.

I'm totally at ease with my narcissism . In fact, I'm sure mine is the best narcissism there is
  • #14
  • Jan 11, 2012 2:07pm Jan 11, 2012 2:07pm
Hi If... i tried this test last summer after a bad accident. I came up as a total no hoper... now i'm one of these:


Extroverted (E) 57.14% Introverted (I) 42.86%
Sensing (S) 57.14% Intuitive (N) 42.86%
Feeling (F) 52.94% Thinking (T) 47.06%
Perceiving (P) 61.76% Judging (J) 38.24%


Your type is: ESFP


ESFP - "Entertainer". Radiates attractive warmth and optimism. Smooth, witty, charming, clever. Fun to be with. Very generous. 8.5% of the total population.

this sounds much more like me.
All systems of divination, like music itself,work through patterns.
  • #15
  • Jan 11, 2012 2:08pm Jan 11, 2012 2:08pm
Quoting kaspopsicle
Hi If... i tried this test last summer after a bad accident. I came up as a total no hoper... now i'm one of these:


Extroverted (E) 57.14% Introverted (I) 42.86%
Sensing (S) 57.14% Intuitive (N) 42.86%
Feeling (F) 52.94% Thinking (T) 47.06%
Perceiving (P) 61.76% Judging (J) 38.24%

...
and that's why we love you
  • #16
  • Jan 11, 2012 2:11pm Jan 11, 2012 2:11pm
Quoting Ifmyante
and that's why we love you
Gosh! Thanks for the opportunity... X
All systems of divination, like music itself,work through patterns.
  • #17
  • Jan 11, 2012 4:06pm Jan 11, 2012 4:06pm
All I'm gonna say is this:

Go "Inventors"!!



Seems to be a pretty good questionnaire, it got me pretty well.
  • #18
  • Jan 11, 2012 4:27pm Jan 11, 2012 4:27pm
There must be a glitch in the test friend. I'm a compete WACK JOB!

Extroverted (E) 58.33% Introverted (I) 41.67%
Sensing (S) 75.86% Intuitive (N) 24.14%
Thinking (T) 65.63% Feeling (F) 34.38%
Judging (J) 65.52% Perceiving (P) 34.48%


Your type is: ESTJ


ESTJ - "Administrator". Much in touch with the external environment. Very responsible. Pillar of strength. 8.7% of total population.


  • #19
  • Jan 11, 2012 4:35pm Jan 11, 2012 4:35pm
Quoting Chillypiper
There must be a glitch in the test friend. I'm a compete WACK JOB!

Extroverted (E) 58.33% Introverted (I) 41.67%
Sensing (S) 75.86% Intuitive (N) 24.14%
Thinking (T) 65.63% Feeling (F) 34.38%
Judging (J) 65.52% Perceiving (P) 34.48%


Your type is: ESTJ


ESTJ - "Administrator". Much in touch with the external environment. Very responsible. Pillar of strength. 8.7% of total population.


...
Hmmm. ESTJ seems a good candidate for trading.

It seems you're one of the people that washes their cars and mows their lawns too - my missus would love you
  • #20
  • Jan 14, 2012 12:54pm Jan 14, 2012 12:54pm
Quoting Ifmyante
Hmmm. ESTJ seems a good candidate for trading.

It seems you're one of the people that washes their cars and mows their lawns too - my missus would love you
Yes I am but rather pay some one to do it for me. It wasn’t easy to learn to trade for me ( and still learning every day), by being so analytical to all the new information at the beginning was quite difficult. I went down many wrong paths, many times. A traders own personality is very important to consider to be successful at this game.. Will you be your own worst enemy?

Being human is just being human. Much like the market, one should know what factors or signals that the market and your self are sending.

Knowing your own personality is as much importance in trading as any component to win or prosper at this game. When to pull the trigger, when not to.. How long will you wait to attempt to take from the market, are you forcing the market to give you what it will not?..

If you lose , how do you deal with it ? Do you get mad? Revenge trade? Will it effect your attitude with others ? Or, will you take it as a lesson and learn..? The list is endless.

It’s a bit tricky and takes time in understanding yourself and what kind of trader you are or I like to say ’myself’ due to the fact I have more than one. I must make sure the right one with the right attitude is setting at the trading my station.. LOL!

Best Regards
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