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2
What Kind of Investor Are You? |
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Do all online investors have the same trading style? Or have the same personality? Of course not. Then why do we so easily overlook how these different personality styles may affect the outcome of our trading? |
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It is exactly these personality styles, with their strengths and weaknesses, that are responsible for our repeatedly making the same kinds of good or bad trading judgments. And yet understanding our basic style of trading is often disregarded or taken for granted. |
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We may think, "That's just how I am," and so we don't really question whether "how we are" may be getting in our way of being more effective online traders. This is where some personal insight as to our style is useful. Because when we are aware of our own tendencies to lean one way more than another, we can consciously take them into account and compensate for them if we choose. |
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How Do We Learn a Trading Type? |
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The following trading styles are based partially on character traits that develop from childhood. While there may be a genetic component to the early shaping of our character, it is largely learned from parents and shaped by the early environment. |
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A trading style is also shaped by our early experiences with money and the meaning money has played in our lives. Trading decisions resulting from these styles are influenced by how secure we feel |
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