How do you measure up? Use this free self-evaluation to identify your trading strengths and weaknesses
February 20th, 2008 • Related • Filed Under
Before the trading advice gets going it will probably be helpful for you to know where you stand regarding the main pillars of trading. Obviously there isn’t a ‘one size fits all’ prescription for turning your trading around so by evaluating yourself, you’ll know where you need to focus the most.
Here’s the evaluation…
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Comment by Michael Alexander on 8 May 2008:
Nice self evaluation quiz.
Comment by Michael Alexander on 8 May 2008:
very disciplined
Comment by saul on 23 May 2008:
took some courses,but not confidente about reading charts or kowing when to enter or exit trade,which way stock is going ,timing to place trade etc.
Pingback by How to remove your obstacles to being consistently profitable : MarketClub Trader’s Blog on 13 July 2008:
[...] by taking this free self assessment. It will help you to evaluate your trading around some of the primary success factors for [...]
Comment by K.VITTAL SHETTY on 13 July 2008:
I am trying my best to master the trading teqnics. Eventhough I am a supremely confident person I could not make money in my trading and this evaluation has made me lot of good to know myself honestly. I think I will be helped to set myself on the right path
Comment by GODFRED on 13 July 2008:
am loosing too much money
Comment by Robin on 13 July 2008:
A good self evaluation quiz that should help improve my trading performance.
Comment by Laura on 15 July 2008:
I am completely new to trading and I have absolutely no idea what I am doing! Acutally I had a thought to buy a put on GM with a strike of 10 after watching my stocks lose money every day as the market hit a new low almost every day of the week. I made a 900% profit on my put, but I know it was mostly out of luck. I did the same with Ford, XHB, and XLF. Honestly, I didn’t even know I was supposed to have a method! Now I want to know everything there is to know because I’m sure if I trade based on luck, luck will soon run out.
Comment by Mo on 16 July 2008:
Hi Laura,
Yesterday and today is an important low point in the market so I’d be careful with those puts - things should start trading up now, at least in the S&P500. We may see some new lows around the 23rd of July but other than that we are heading up for a while.
If you are hungry to learn more then please keep reading - there’s tons of information here specifically for new and struggling traders. You may want to start in the introduction section.
All the best,
Mo
Comment by MarcoA on 29 July 2008:
Nice tool. I feel the questions could emphasize limiting risk entry rather than setting exit targets, since there are many methods of exiting.