I was just looking through the School of Pipsology , and I kinda decided to have a bit of fun and try out the personality quizzes again. I also wanted to check if anythingās changed.
I remember it said I was a scalper in my earlier tries so thatās the style Iāve been trying (and failing) to trade on my demo. But now, it says Iām a day trader. Maybe I should try that style out too, see which fits better!
Donāt worry! I know that these shouldnāt be taken so seriously. But, this just got me curious. How did you guys know/ decide which trading style to use? Did you just choose one and made it work or were you guys more experimental? Did you try using personality quizzes like these?
Hi @ria_rose ā¦ Yes I have used the personality quiz while completing school of Pipsology. It suggested my style as āHybrid System Swing Traderā.
I have experimented on Swing as well as Day Trading styles and found that my primary style is Swing Trading which suits to my personality. However I do Day Trading when I see an opportunity to trade.
The personality quiz helped me emphasize the style i was already using and the pairs i was already trading.
I am a swing trader trading mainly Majors, gold and Oil and thatās what the quiz said.
And by the way, there is no way of knowing what some of the questions mean as they are not even related to trading.
Hahaha. I think theyāre just trying to gauge what kind of person you are or something. But, itās great that it kinda reinforced the style youāre already used to. :))
@ria_rose Well, of course you should experiment on your trading styles. After all, this will help you expand your knowledge. Who cares if the reason is a fun personal quiz? Trading inspiration can come from all kind of sources. Did you try any new styles so far?
Haha! Thatās true @sebastiano! Iām all for experimenting, even because of personality quizzes. Haha. Hmm. Iāve tried scalping (didnāt work much for me). Now Iām gonna play with day trading. I want to give each style at least a couple of months so I could get a better feel. What do you think? Huhu.
I think itās a good idea. After all, since you are still new itās better to familiarize yourself with different styles so you can decide which suits you best. I donāt like scalping either, I am more fond of swing trading and day trading. But I still experiment from time to time with other styles because I like to combine different strategies.
Trading is not an easy job to do and it ia never a shortcut to gain success quickly. You have to struggle a lot in order to gain a place among the successful traders. You have to ask questions to yourself after each and every trade you execute. Thank you!
I learn a lot from my own performance , when there is no body to guide you ,your profit and loss are every thing that say you think again and again how to improve this . I ask my self why loss occurred where I was no right . I have to do better for trading analysis these things help traders a lot to become a good trader in next days.
Thatās good to hear! From what Iāve learned here, retrospection really goes a long way because it makes you realize what went wrong and what you could do to improve your strategy.