Mentality of a successful trader personality test:
http://www.tharptradertest.com/default.aspx?question=1
(you can try see how yr mentality test too.)
My Result:
Trading Strengths
- If someone hands you a system that works - you can follow through with it. You like things that are proven.
- You are very committed and determined to succeed and you love analyzing details.
- You are open to what works in trading and would probably do well with with a mentor.
Trading Challenges
- Thinking too much could lead to analysis paralysis which could be a constant threat. You tend to over analyze and make too many rules for yourself.
- You may have an overwhelming need to be right, based on your belief in your encyclopedic knowledge, and may be susceptible to the Loss Trap.
- You may have trouble understanding concepts and how the markets really work.
- You have an aversion to risk.
Its hardwork and plus a bit of patient to take things a step at a time. So how fast or how slow depends on how hard we work.
The more effort and time we put in each day, the faster we will see the result.
So to be successful or not, well....
No one is born a champion.