What kind of trader are you?

[AMR]

http://www.tharptradertest.com

Dr. Van K Tharp, armed with a Ph.D. in psychology and several losing experiences in the market, realized that perhaps the poor results that he'd been getting in the markets had more to do with him than the markets themselves. So in 1982 the quest began for how he could become a better trader. He conducted in-depth research to determine the qualities that great traders and investors had, and his research uncovered ten distinct areas that were important to investment/trading success.
These studies led to the creation of a 176 question test called the Investment Psychology Inventory Profile based around these ten areas, and after testing thousands of traders over many years, it has proven to be a great indicator of success in the markets.
The Tharp Trader Test is a mini version of this extensive test that is designed to provide a snapshot of the various types of traders that Dr. Tharp has identified. Each of the types has its own temperament, personality, perception and interpretation that ultimately affect how the market is approached and traded. Some have a distinct set of core qualities that are great for trading, whereas others may find trading more of a challenge. There is no right or wrong trader type; it is merely an identifier of possible patterns that could enhance or block success in your trading, relationships and all areas of your life.
This is not a test to determine what type of trading you should be doing, or what time frame or markets you should be trading. Nor does it discuss the methods, techniques or systems that suit your trader type. All of these things are an individual choice based on your own objectives and lifestyles, which may differ greatly based on your age, location and circumstances. The test will, however, address how you most likely gather, store, comprehend and act on information about the markets. It will also provide you with details of commonly observed strengths and challenges of each type and subsequent solutions.
With only 35 questions, the Tharp Trader Test is not an exact science and some people may find that their answers place them on a borderline between two different types of traders. Because this is the mini-test, if you become really stuck, go back and re-do the test with the opposite answer and see if your trader type changes at all. If so, then read the solutions for both trader types and determine which traits resonate with you the most. This will enable you to deal with the strengths and challenges that most adequately represent your situation. Then you can work toward becoming the best trader or investor that you can be.

[AMR]

You are a Strategic Trader!


You probably live in a world of ideas and strategic planning. This is because you value intelligence, knowledge, and being competent. These are great qualities for a trader/investor. In fact, you have the three core qualities that are essential to being a great trader (i.e. you have the ability to see the big picture, new possibilities and connections between things. You make decisions based on logic and analysis and you are decisive, orderly and do things sequentially). You have an original mind and a great drive to implement your ideas and achieve your goals. Thus, if trading success is important to you, you'll probably find a way to achieve it...

One of your Trading Strengths
Originality and drive; willingness to follow your ideas through to completion.

One of your Trading Challenges
Probably so logical that you don't recognize when emotions are causing you to self-destruct.

[whirly]

You are an Adventurous Trader!

Generally you are a quiet and flexible observer until a problem appears and then you act quickly to find a solution. You are good at determining what makes things work and going through a large amount of information to find out what is important. This quality will help you immensely as a trader. You are not easily persuaded by anything that is not based on fact. However, if your orientation tends to be external, then you are probably a big risk taker...

One of your Trading Strengths

You're great at analyzing details to determine what makes things work.

One of your Trading Challenges

You might have problems with self analysis which is critical to eliminating mistakes in trading.

[Jay]

You are an Accurate Trader!

If you are an accurate trader, then you tend to be quiet and very responsible in meeting your obligations even beyond the call of duty. You are also thorough, practical and very accurate. You are the type of person that I'd want keeping track of my trades and that is your strong point. Your world probably tends to be very concrete and you value harmony and co-operation. However, trading/investing ideas tend to be very abstract. In addition the trading world tends to be very solitary...
One of your Trading Strengths
If someone hands you a system that works – you can follow through with it. You like things that are proven.
One of your Trading Challenges
Thinking too much could lead to analysis paralysis which could be a constant threat.

[Year of the Tiger]

You are a Planning Trader!

You tend to be decisive and to the point. You'll quickly assume leadership when it is called for by the circumstances around you. You have the ability to quickly develop and implement trading systems to meet your needs. You have the three core qualities that are essential to being a great trader (i.e. you have the ability to see the big picture, new possibilities and connections between things. You make decisions based on logic and analysis and you are decisive, orderly and do things sequentially). You can easily spot logical inefficiencies in the market and take advantage of them, especially if you are pointed in the right direction. You enjoy long-term planning and goal setting and seem to enjoy learning, expanding your knowledge and staying well-informed...
One of your Trading Strengths
Originality and drive; willingness to follow your ideas through to completion.
One of your Trading Challenges
Probably so logical that you don't recognize when emotions are causing you to self-destruct.

[Phaedrus]

You are an Adventurous Trader!

Generally you are a quiet and flexible observer until a problem appears and then you act quickly to find a solution. You are good at determining what makes things work and going through a large amount of information to find out what is important. This quality will help you immensely as a trader. You are not easily persuaded by anything that is not based on fact. However, if your orientation tends to be external, then you are probably a big risk taker...
One of your Trading Strengths
You're great at analyzing details to determine what makes things work.
One of your Trading Challenges
You might have problems with self analysis which is critical to eliminating mistakes in trading.

[Lizard]

You are an Innovative Trader!
Your goal is probably to understand the world, constantly absorbing new information that comes your way. You then process all of this through your intuition to quickly size up what is going on around you. This can be an excellent quality for traders and investors if you get the right information. Otherwise your decisions and conclusions may tend to be flawed. And this could be costly for you as a trader...
One of your Trading Strengths
You can quickly determine if a new style of trading or system will fit well with your personality and you get very excited about it.
One of your Trading Challenges
You want external confirmation for everything and have a strong need for a mentor.

[winner69]

Different from you guys .... and it says I will be unlikely to ever attend ST social events ... at least that what it says

You are an Independent Trader!

If the markets interest you, you'll probably work to develop a logical explanation for how they work. This is because you love theoretical ideas and abstract concepts (in fact, much more so than people interactions). This can be great for trading success, if you don't get too theoretical. This type of trader profile suggests that you value knowledge above all else. As a result, you'll be constantly generating new ideas about the market or trying to disprove the ideas that you learn from others...

One of your Trading Strengths

You can quickly determine if a new style of trading or system will fit well with your personality.

One of your Trading Challenges

Your trading could dominate your time and you could become socially isolated, which in turn could upset others, particularly if you have a spouse.

[Snoopy]

You are an Adventurous Trader!
Generally you are a quiet and flexible observer until a problem appears and then you act quickly to find a solution. You are good at determining what makes things work and going through a large amount of information to find out what is important. This quality will help you immensely as a trader. You are not easily persuaded by anything that is not based on fact. However, if your orientation tends to be external, then you are probably a big risk taker...
One of your Trading Strengths
You're great at analyzing details to determine what makes things work.
One of your Trading Challenges
You might have problems with self analysis which is critical to eliminating mistakes in trading.

I didn't think that I would fit into this test. Although there was one question about being a long term investor vs an active trader. Apparently I am an 'Adventurous Trader' as well.
SNOOPY

[Toulouse - Luzern]

You are a Spontaneous Trader!

You are probably enthusiastic, warm and quite imaginative. You see life as being full of possibilities. In addition, you are able to quickly make connections between events and the information to which you are exposed and then make quick decisions. This quality can be good as a trader, but you also need to be very careful because you only have one of the three qualities that we find in the best traders...

One of your Trading Strengths

Enthusiasm and a willingness to take action; you probably don’t have a problem with pulling the trigger or trying new trading systems.

One of your Trading Challenges

Discipline, follow thru and attention to detail will always be challenges, and you need to find ways to achieve these that are automatic, scheduled and regular.