How is your current attitude?
A While ago Brett Steenbarger posted a quite interesting questionaire at his Blog that helps you to define your curent attitude.
Brett Steenbarger himself isn’t only a trader and blogger, but also a psychologist. In his questionnaire he gives you the chance to discover whether your emotional experience from trading is more negative or positive. Knowing this could give you a hint where psychological problems in your trading could be hidden.
A positive attitude is a very important aspect for a trader. Sometimes we have to endure losses or have to carry our long positions through a short market (or the other way around). In such a situation it is quite difficult to rely on our Riskmanagement. When this happens the problem isn’t taking to many losses, but to less. Only a positive attitude and trust in your system will help you.
The “personality questionnaire for traders” is short and is no complete analysis of the psychological state of a trader. It is meant to give you a picture of the moment. The questionnaire is a good tool to get an impression about your feelings and your trading situation.
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You have awesome ideas! You’ve done a super job setting up this site.
-Jody