Have you ever wondered what your trading blood type is? What about the type of trader that best suits you? What’s Your Trading Blood Type? will help answer these questions and more. It provides a personality quiz that identifies your trading style, as well as an in-depth explanation for each one. The quiz also compares your results to other common types of traders. It’s never been easier to figure out what kind of trader you are!
##What is a Trading Blood Type?:
The ability to observe the experiences of different traders is one of my greatest luxuries. I have learned that it’s possible for brokers in this business, over time, to match certain? blood types? with their correct trading diet. This isn’t meant medically but more figuratively; there are many variables that come into play when dealing with trades and we’ve found a way around these elements by matching blood type (in its metaphorical sense) with trader profile so that they can adopt an appropriate approach without wasting valuable capital or risking too much risk suddenly closing out profitable positions prematurely as well as holding on blindly through losers until all hope seems lost.
“Can’t tell what type of trader you are? That’s ok! It doesn’t take a magician to determine blood types based on personality. This is all about determining your capital, experience level, and risk profile so we can prescribe the perfect diet for just you.”
With the help of a trained expert, it’s not too difficult to prescribe an individual with their best trading type based on their personality. This is done by identifying what they have more success at and then prescribing them food that’ll work for this specific person as well as taking into account factors like capital, experience level, risk profile, and schedule.
##How to determine your blood and diet type?:
Have you ever found yourself saddled with the grocery store?s entire stock of candy, when what your diet really needs is more carrots and spinach? It happens to all of us: we think that by cutting out carbs or adding fiber to our diets without doing any self-assessment beforehand, then we can start seeing some real results. But before jumping into this new plan headfirst – starting with personality assessment!
I was hesitant in high school English class because I hated essays due at a certain date; my impulsive tendencies led me straight towards those delicious cookies on display nearby. And while it’s not hard for people close to knowing whether they should help their friends avoid short temper issues over long waits (or vice versa!), it’s important a lot of people don’t know which type they are. What’s more, there is no one-size-fits-all formula for trading success: some traders need to follow the blood types diet with a stricter discipline than others.
Look at your personality first and foremost in order to find out how you trade! You’ll be surprised at what you learn about yourself as well as how it affects your trading style. For instance, if you’re an introvert who loves being alone – but also has trouble sticking with new projects because you get bored easily then we have just the solution for you! Introverts can benefit from small trades or through following a self-directed plan that doesn’t rely on outside input (or even social media) too often; it’s also beneficial for introverted traders to have a trading plan that doesn’t require them to interact with people too often.
Alternatively, if you’re an extrovert like me then it’s best to keep your trades small and close – because they can be very social! Extroverts may find themselves following or even leading conversations in the trade room more than others; this is why some large-scale traders will choose to stay away from these types of trades altogether. What type are you?
The key takeaway: when deciding on which type of trader you want to be, remember there isn’t just one way that works well for everyone. What matters most is what kind of personality traits fit into your desired style as opposed by any other outcome.
To get a better understanding of your personality, try keeping a trading journal that will assist in identifying traits and how they affect your trade. Remember to be patient with children but not so much during trades- patience is key! A journal can help you analyze successful or unsuccessful trades by reviewing both inner as well as outer factors like time constraints and risk capital. After taking note of the external criteria, don’t forget to review any internal motivations?.
Trading is a game of skill that needs to be tempered by time and risk capital. You need to understand your limits when it comes to how much you can lose, the amount of time in which you have available for trading, as well as what types of markets suit your personality. Do not fool yourself into thinking that all traders should trade based on their strengths; sometimes doing something new or different will bring about surprises!
So what’s your trading blood type? The diet you should be following is very different depending on which one it is. Let me break down the types and show their beautiful differences to help get an idea of how they work with each other in this crazy world we trade-in.
Types of trading blood:
Have you ever thought about trading? If not, consider it. Trading requires a desire to take risks and the ability to afford them too. But before anyone can trade they must have an interest in taking risks as well as having enough money set aside for those risky investments too! Those who don’t want any kind of risk or just really don’t have much expendable income are classified Blood Type NT (No Trading). The right diet is no carbs, fat, or calories whatsoever – No trades at all!
The person who is either gun-shy or trigger-happy would be classified as blood type PT (Position Trading). With what kind of regime, you ask? Clearly, this type requires a rule-based diet. To develop those rules first and foremost means doing some homework after market hours. Once these rules are in place, test any possible trade idea against those guidelines because each trade must pass this test before Mr. or Ms. PT enters the trade This is also when they should plan their trades from start to finish by visualizing a few different scenarios with an action plan for every one of them; it may even be time to employ assistance!
Who doesn’t want a trigger-happy trader? They’re so much fun to watch. Of course, they can be dangerous if you don’t know what kind of rules the person will need in order to keep them from going nuts or help with their fear when pulling the triggers at just any opportunity. That’s where your job comes into play: Helping implement those kinds of rules and making sure that traders are safe while still having as much fun as possible!
Early morning trading is a lot of work. Working long hours at the office can make us cranky and tired, but trades need to be taken home anyways because it’s normal for traders to get anxious about missing out on something good or losing too much money if they’re not in front of their computer screens all day waiting for opportunities. This blood type is classified as DT (Day Trading).
Day traders need to be serious about their diets. They should set daily loss limits, take note of winning and losing trades in a journal each day, train themselves for success with education and discipline through the routine – the longer they’re willing to stick it out at these new levels; the more likely they’ll find what works best for them.
It’s not always easy to be a day trader. We all know that it is even more difficult for the ones who can’t handle just sitting at home and patiently waiting, without feeling like they’re wasting their time or making any progress in life with what feels like doing nothing but analyzing data on charts endlessly. They feel as though they are getting no work done because trading isn’t happening every minute of the day, so they have this idea set into their heads which tells them that if you aren’t constantly active then there must be something wrong ? one mental obstacle DTs need to get over before successfully becoming traders themselves!
These traders take a small to medium bite out of market ranges or, perhaps, trade ranging markets between different support and resistance levels. Many will do it well for a period of time until they are almost married to the strategy and get stuck with their losers. Let’s classify this group as blood type ST (Swing Trading).
There are many trading books out there that talk about taking losses and not letting a single trade beat you up. They say to take the loss early, cut your losses quickly so as to minimize the damage done on one bad trade. But is it just stubbornness or an inability for some people to admit making mistakes? Not all traders have this problem but those who do know they also need stop-losses set in order to get back into a good mindset again.
The math is very simple. And sometimes, both longs and shorts will come out losers because markets can trade sideways. Some traders simply don’t work – the bottom line here though is that if your winning trades outweigh your losing ones, you’re on track to win in the end!
##The benefits of knowing what your trading blood type is:
– You can know what type of trader you are.
– What trading styles will suit your trading personality.
– What trading tools will suit your needs.
– What markets you should trade-in.
– What trading strategies are compatible with your personality.
##How do traders change their diet?:
I have seen a wide variety of trading diets over the years. Some traders do so well with short-term trades, while others need to think long term before they make their purchase decisions. This is one reason that it can be hard for them to figure out what works best for them in regards to dieting and this applies even more when you are talking about your trading habits!
Karen was one of my first clients. A smart and outgoing woman, she worked in the human resources department for a large company during her first two years. During that time, Karen had some winning trades but overall her account was down because day trading stock index futures wasn’t getting anywhere near as good returns on investment over other options such as investing in stocks or bonds instead of just betting it all on indexes to see if they go up or not which puts people at risk when their luck runs out! I tried steering away from this approach with no success until finally, we came across an alternative option: mutual funds where you invest your money so there’s always something coming back each month even while waiting for investments to pay off.
Karen was interested in growing her wealth and we had a mutual understanding of what she wanted for the long term so Karen started doing better with this approach. What I didn’t know at first is that it only took about six months before she made up all the money lost from day trading stocks! What’s even more interesting is how quickly people forget there are other options out there to make money outside of just betting on one index or another – sounds like something else needs to be looked into here, doesn’t it?
All of the confidence that Karen had was gone after she hit a series of bad trades and found herself with an impending margin call. I first saw her when she came to me for advice on what to do, and all-of-a-sudden this once confident woman looked scared just talking about trading again in general. She used to eagerly await the next day’s opening price movements but now would only look at them out of obligation – it wasn’t fun anymore! The independent trader needed help from anyone who could offer some guidance; no matter if they were newsletter writers or not.
Karen had a tough time with her trading, so she decided to take an extensive break from it. But after some contemplation and introspection, Karen realized that maybe the problem wasn’t really about how much riskier or more conservative trades are-it was just about what kind of trader you want to be; short term profitable ones like herself in the past week or long term traders who don’t need quick success but will eventually make up for their slumps when they have large returns (PT).
She knew she couldn’t be a day trader with her current schedule, but after looking at the markets for 30 minutes in the morning and evening, it became clear that changing her routine was necessary. She started to look for trends rather than making decisions on the fly so she could make better trades throughout the week instead of just when there were fast market swings. Her plan fits right into her busy lifestyle!
Investor Karen was a successful trader, but she needed to learn how to successfully juggle her career with trading. She decided that there were three different types of traders and found out which one worked best for her by assessing herself according to the blood type diet theory outlined in “The Trading Diet.”