dellBoy
2008-Oct-21, 06:13 AM
Click on the link below:
http://tharptradertest.com/default.aspx?question=1
It will prompt you 35 questions, below is a sample report:
The following is an example of a Trader Test report. It is not indicative of any particular trader type. The example has been created based on a composite of 6 different trader types to show you the type of information you will receive in your Comprehensive and Free Trader
Test Report.
Your Trader Type: XYZ
As an XYZ trader you are probably quite career focused. Thus, if your current focus is on trading, it’s probably because you’ve had a major disappointment or frustration with your initial career of choice. However, you need to be careful with trading/investing because it tends to be a solitary activity and you love to organize others and pass on your knowledge.
Nevertheless, you tend to have the three important qualities that we look for in top traders. Thus, if you apply yourself, develop a business plan for trading/investing, and really work to understand what trading success is all about, you have the potential to be hugely successful.
You are quick to see patterns in the market and develop a perspective that allows you to take advantage of it. Consequently, we recommend that you study what great traders typically do because, if you do, you’ll probably become one of them.
You are good at honoring traditions and standards. However, this can be dangerous because most of the standards you may learn about trading and investing do not work. You also tend to be a perfectionist and as such, you can be very hard on yourself. As a result you need to focus on balancing your high ideals with the day-to-day requirements of living life and trading the markets.
Because you like to analyze, you will tend to identify the facts, label them and then categorize the information so that it makes sense to you. You work best with clearly stated objectives and procedures although you should be vigilant about whose directives you are following in the trading arena, or you may find yourself working on the wrong things.
Example XYZ Trader – George Soros
The trader that most commonly exhibits the same style and trader type as yours would be George Soros. A global financier and philanthropist, his usual demeanor was one of being cool, calm and emotionless with an uncanny ability to predict the markets through his gut instinct and intuition.
His trading career began when he discovered that his desire to be a philosopher was not going to come to fruition.
A workaholic with relentless drive and stamina, he forged a career in trading by making huge bets based on the direction that he thought the markets would go and this worked both in his favor, making him billions on the British Pound, as well as losing him billions on tech stocks in the late eighties.
Soros is the type that will seek knowledge for its own sake, so as to challenge and test authority and ideas. He worked at changing the rules for market participants, rather than just being a participant in the markets. He believed that the markets are not rational, but rather that they are chaotic and market behavior and prices are based on the illogical emotions of the traders in the market rather than cool logical calculations.
Despite the enormity of his ups and downs, his overall track record was very impressive. If you had invested $1,000 in his Quantum Fund when he started out in 1969, you would have had $4 million by the year 2000.
Your XYZ Strengths:
Able to understand and trade in both short and long term positions.
You should be really good at data analysis/developing business plans, especially when someone provides you with the exact steps to take.
You like the challenge of sorting out market conditions and seeing where you fit and can be competitive in the markets.
If someone hands you a system that works – you can follow through with it. You like things that are proven.
Your XYZ Challenges:
You will have a tendency to throw good money after bad to try to jumpstart a losing trade and turn it around.
Under stress, you tend to redouble your efforts and try harder in the belief that you can dig your way out of a hole, but you could be digging in the wrong place.
You may reject or abandon workable systems if the logic isn’t clear because you don’t understand the systems boundaries ahead of time.
You have a strong desire to be right, even to the extent of perfectionism. This might cause you to never actually trade because you’re continually trying to develop or buy better systems.
Solutions Matrix
As an XYZ Trader, you are highly intelligent and quite skilled; therefore, the tougher the problem, the greater the interest. And although you like to work alone and solve things for yourself, you would do best with a mentor or someone that you trust to work with you in really understanding the world of trading.
There are four key challenges that traders of your type experience, as mentioned above. Therefore we have provided you with solutions, references and information to assist you in dealing effectively with those issues.
This is not the end of the Example Report, you will also be provided with an additional page of information providing you with the full list of solutions for your challenges, links to products, services, free articles and downloads to assist you in your trading journey. Good Luck!
http://tharptradertest.com/default.aspx?question=1
It will prompt you 35 questions, below is a sample report:
The following is an example of a Trader Test report. It is not indicative of any particular trader type. The example has been created based on a composite of 6 different trader types to show you the type of information you will receive in your Comprehensive and Free Trader
Test Report.
Your Trader Type: XYZ
As an XYZ trader you are probably quite career focused. Thus, if your current focus is on trading, it’s probably because you’ve had a major disappointment or frustration with your initial career of choice. However, you need to be careful with trading/investing because it tends to be a solitary activity and you love to organize others and pass on your knowledge.
Nevertheless, you tend to have the three important qualities that we look for in top traders. Thus, if you apply yourself, develop a business plan for trading/investing, and really work to understand what trading success is all about, you have the potential to be hugely successful.
You are quick to see patterns in the market and develop a perspective that allows you to take advantage of it. Consequently, we recommend that you study what great traders typically do because, if you do, you’ll probably become one of them.
You are good at honoring traditions and standards. However, this can be dangerous because most of the standards you may learn about trading and investing do not work. You also tend to be a perfectionist and as such, you can be very hard on yourself. As a result you need to focus on balancing your high ideals with the day-to-day requirements of living life and trading the markets.
Because you like to analyze, you will tend to identify the facts, label them and then categorize the information so that it makes sense to you. You work best with clearly stated objectives and procedures although you should be vigilant about whose directives you are following in the trading arena, or you may find yourself working on the wrong things.
Example XYZ Trader – George Soros
The trader that most commonly exhibits the same style and trader type as yours would be George Soros. A global financier and philanthropist, his usual demeanor was one of being cool, calm and emotionless with an uncanny ability to predict the markets through his gut instinct and intuition.
His trading career began when he discovered that his desire to be a philosopher was not going to come to fruition.
A workaholic with relentless drive and stamina, he forged a career in trading by making huge bets based on the direction that he thought the markets would go and this worked both in his favor, making him billions on the British Pound, as well as losing him billions on tech stocks in the late eighties.
Soros is the type that will seek knowledge for its own sake, so as to challenge and test authority and ideas. He worked at changing the rules for market participants, rather than just being a participant in the markets. He believed that the markets are not rational, but rather that they are chaotic and market behavior and prices are based on the illogical emotions of the traders in the market rather than cool logical calculations.
Despite the enormity of his ups and downs, his overall track record was very impressive. If you had invested $1,000 in his Quantum Fund when he started out in 1969, you would have had $4 million by the year 2000.
Your XYZ Strengths:
Able to understand and trade in both short and long term positions.
You should be really good at data analysis/developing business plans, especially when someone provides you with the exact steps to take.
You like the challenge of sorting out market conditions and seeing where you fit and can be competitive in the markets.
If someone hands you a system that works – you can follow through with it. You like things that are proven.
Your XYZ Challenges:
You will have a tendency to throw good money after bad to try to jumpstart a losing trade and turn it around.
Under stress, you tend to redouble your efforts and try harder in the belief that you can dig your way out of a hole, but you could be digging in the wrong place.
You may reject or abandon workable systems if the logic isn’t clear because you don’t understand the systems boundaries ahead of time.
You have a strong desire to be right, even to the extent of perfectionism. This might cause you to never actually trade because you’re continually trying to develop or buy better systems.
Solutions Matrix
As an XYZ Trader, you are highly intelligent and quite skilled; therefore, the tougher the problem, the greater the interest. And although you like to work alone and solve things for yourself, you would do best with a mentor or someone that you trust to work with you in really understanding the world of trading.
There are four key challenges that traders of your type experience, as mentioned above. Therefore we have provided you with solutions, references and information to assist you in dealing effectively with those issues.
This is not the end of the Example Report, you will also be provided with an additional page of information providing you with the full list of solutions for your challenges, links to products, services, free articles and downloads to assist you in your trading journey. Good Luck!