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This type actually prefers being alone to concentrate on their trading. Being alone is experienced more as a pleasant respite from the demands of others rather than isolating. When it comes to following the trading plan, nobody does it better than the obsessive. |
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Remember, though, it is the obsessive-disciplined who is also most likely to form online relationships in virtual trading rooms and bulletin board chat rooms, and even become quite dedicated to these sites. So, while they enjoy being physically alone, they often make persistent efforts to connect with others online. |
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It is more in the realm of doubt thoughts that the obsessive is likely to have problems. Because the obsessive mentally plays back decisions made, questioning his or her own thinking and judgments, it is not hard for this type to spend too much time in self-recrimination for trades that don't go as expected and end in losses. The obsessive far and away feels more guilt over losing trades than the other types. |
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It is difficult for obsessives to let go of their guilt, which they ruminate over in their minds in the form of self-recriminating statements. This may be punishing enough for some to want to stop trading altogether. Here is where the obsessive could do well to borrow some of the easy-come-easy-go attitude toward losses that the gambling-impulsive type is so comfortable with. But this is exactly what is so difficult for them to learn and why personality style is so important when deciding on a primary approach toward trading. |
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The doubter-timid trading style handles the isolation factor reasonably well, as they much prefer not to have to deal with the motives and personalities of many others trading around them. The doubters will of course do what they do best, which is to doubt what they hear on television from the pundits and to doubt some of their own thinking. |
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While they prefer to err on the side of caution, they end up watching a lot of the market go by rather than jumping in and taking a position. So, they are more the victims of isolation through standing on the sidelines than feeling isolated by trading at home alone. |
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The optimist-gullible trading personality feels the isolation of the home setting the most. Because they thrive on being sociable and like to take their cue from discussing strategies with others, they miss not having others to share in the trading experience. They are not fond of spending a lot of time alone. |
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Optimists would be first in line to join a local investment club to pool their knowledge and capital with others. Optimists readily |
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