Learn About Your Investment Strengths and Weaknesses Online Now For Free
Dr. Tharp conducted research to determine the qualities of successful traders and investors. His research uncovered ten distinct areas that were important to success. Learn for free online what Dr. Tharp discovered.
Online, October 25, 2010 (Newswire.com) - Free Trading Test now available for traders.
In 1982, now world-renowned trading coach, Dr. Van K. Tharp began a quest to become a better trader. He realized that his trading success was a direct result of his actions, regardless of what the markets were doing. Dr. Tharp conducted in-depth research to determine the qualities of successful traders and investors. His research uncovered ten distinct areas that were important to investment/trading success.
Tharp's research led him to create The Investment Psychology Inventory Profile, a 176-question test based on these ten areas of trading success. After gathering data over many years from more than 5,000 traders, this questionnaire has proven to be a great indicator of success in the markets.
The Tharp Trader Test is a mini version of Tharp's original inventory profile. It is now available on-line for free. This test provides a snapshot of various trader types identified by Dr. Tharp. Each type has its own temperament, personality, perception and interpretation that ultimately affect how that trader approaches and trades the market. Some types of traders have a distinct set of core qualities that are ideal 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.
This is not a test to determine what time frame or markets you should be trading. In addition, the results of this test do not include methods, techniques or systems that suit your trader type. All of these things are an individual choice, which may differ greatly among traders based on your own objectives and lifestyles. 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.
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