Subscribe Feed (RSS)Tharp’s What Type of Trader Are You Test
January 5th, 2010 by eyal | Filed under Resources. |
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So I’ve taken the Tharp Trader Test – What type of trader are you? mentioned over at Gav and Jules blogs. The test includes 35 questions typical to personality traits tests covering areas such as introvert vs. extrovert, detailed vs. big picture etc. Some questions I had a hard time picking an answer since my first thought was: it depends – mainly on context. I also realized that I would have given different answers to some questions at different times depending on my mood and interests at that point in time. And of course at different stages of my trading career development, I used to read a lot of trading books for example, these I days I seldom do that, Van Tharp’s material is one exception.
So diving right into it the result I got was:
Here’s a detailed PDF description of the Strategic Trader.
It is largely accurate, for example the “core qualities”:
1. The ability to see the big picture, new possibilities and connections between things.
2. Making decisions based on logic and analysis.
3. Being decisive, orderly and doing things sequentially.
The test and information in the results is well worth your time. I’ve read most of Van Tharp’s trading books and consider his first one to be the ultimate must read trading book, a true classic. I’ve also read his newer book SuperTrader which gives a nice high level overview of all the different aspects of trading and trading as a career and serious hobby / occupation.
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I was a detailed trader, and I am still a detailed trader. I guess I need to work harder.
I am reading SuperTrader on my kindle now. Though some of the materials are repeats of Trade Your way to Financial Freedom, I agree the book does gives a nice overview of all different aspects of trading. For USD 16, SuperTrader is definitely a buy. :)
Heya Gav, I’m in Doc Brett’s camp on this, make the most of the kind of trader you are, rather than try and change yourself into something you really aren’t. There are pros and cons for every kind of “trading personality”, squeeze the pros as best you can..
I noticed you’re enjoying your Kindle a lot, it’s awesome isn’t it? :-)
Kindle is awesome. One of the best toy I’ve owned. Maybe I’ve just turned myself into a bookworm… :)