I tried out a personality quiz for my trading style

I was just looking through the School of Pipsology :nerd: , and I kinda decided to have a bit of fun and try out the personality quizzes again. :slight_smile: :nerd: I also wanted to check if anything’s changed. :stuck_out_tongue:

I remember it said I was a scalper in my earlier tries so that’s the style I’ve been trying (and failing) to trade on my demo. But now, it says I’m a day trader. :stuck_out_tongue: Maybe I should try that style out too, see which fits better!

Don’t worry! :slight_smile: I know that these shouldn’t be taken so seriously. But, this just got me curious. How did you guys know/ decide which trading style to use? :stuck_out_tongue: Did you just choose one and made it work or were you guys more experimental? Did you try using personality quizzes like these? :smiley:

1 Like

For me, I am a scalper; since I am more comfortable with the scalping rather than swing trading.

1 Like

I am comfortable with day trading with swing pattern.

1 Like

Hi @ria_rose … Yes I have used the personality quiz while completing school of Pipsology. It suggested my style as ā€œHybrid 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.

1 Like

I tried it, it says I’m a Swing trader.

You are the patient type of trader who doesn’t mind holding on to trades for several days, which is why you could make a great swing trader.

I just need to find out if I will be comfortable with this style of trading. :slight_smile:

Well, nice to know! I think, your are working with D1 time frame mainly, isn’t?

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 that’s 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.

1 Like

Oh. That’s interesting! :smiley: So I guess, in a way, the quiz was right? Hahaha. :blush:

I want to experiment with the styles too, just to see which would work best for me. Huhu. :nerd: Is that weird? lol

1 Like

I see! :slight_smile: Did you also try personality quizzes? Haha. :smiley: Or did you just go straight to experimenting? :slight_smile:

That’s cool! Hahaha. :slight_smile: Let us know how that style works for you once you get around to trying it! :smiley:

Hahaha. :smiley: I think they’re just trying to gauge what kind of person you are or something. :stuck_out_tongue: But, it’s great that it kinda reinforced the style you’re already used to. :))

Not at all; thank you.

Yes, For analysis I use D1 time frame. But for taking an entry I look H1 or lower time frame.

Nice try, same here! Although I use M5 mainly, but sometimes M30 & H1 as like you. Thank you.

@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? :smiley: Trading inspiration can come from all kind of sources. Did you try any new styles so far?

1 Like

Haha! That’s true @sebastiano! :slight_smile: I’m all for experimenting, even because of personality quizzes. :stuck_out_tongue: Haha. :smiley: Hmm. I’ve tried scalping (didn’t work much for me). :sweat_smile: Now I’m gonna play with day trading. :sweat: I want to give each style at least a couple of months so I could get a better feel. :stuck_out_tongue: What do you think? Huhu.

1 Like

I think it’s a good idea. After all, since you are still new it’s better to familiarize yourself with different styles so you can decide which suits you best. I don’t 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.

1 Like

That’s good to hear! :smiley: From what I’ve 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. :smiley: :blush: