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EP 005: Four types of investing and trading personalities in the capital market

by | Feb 6, 2020 | Podcast Episode

Show Notes

Knowing your personality when you’re approaching the capital market is one of the keys to manage your trading psychology well. There are four types of personalities when it comes to trading or investing in the capital market. This podcast episode will give you a quick accessment on which type you are, what are the pros and cons for each personality and what are the possible corrective actions that you may wan to take.

The quick assestment consists of only two questions, with two choices of answers for each question. The questions are basically addressing your behaviour and reaction when you’re facing profits and facing losses.

The summary of the 4 types of personalities are as follow:
Type 1: Take losses and profits quickly
Type 2: Wait for recovery when at loss and let profit run
Type 3: Take losses quickly and let profit run
Type 4: Wait for recovery when at loss and take profit quickly

What you’ll discover in this episode:

  • Four types of personalities when it comes to trading and investing in the capital market
  • Quick accessment on which type you belong to
  • Possible best fit for each personality
  • Pros and cons of each type
  • What are the corrective actions you might want to consider

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