Analyzing
Congratulations [name] on participating in the Quiz! We have described these typecast actors as if people were all one character and none of the others. Most of us tend to act according to one dominant style, and typically will exhibit characteristics of at least two styles. Intensity of each characteristic will vary from individual to individual. Chances are when you read the descriptions you found at least one character you completely identified with and another that you sometimes do and sometimes don't. You probably also identified one or more characteristics with whom you regularly have conflicts. For example, the Loner and the Team-player often struggle to get along. Friends and the Technician can also have difficulty relating to one another. When you study style differences, you will typically find two things: 1. People whose typecasts are different than ours have skill sets (or a particular genius) we don't have. Best therefore to surround yourself with different characters with different skills to give you a balance. They will contribute in more ways than you can begin to imagine. If you are interacting with the same character as your own dominant character, Achievers, Friends, Team-players and Technician can communicate effectively.
Question 1:
QUESTION ONE: Are you outgoing, hard-charging, risk-taking, efficient, disciplined, organised, results oriented and "take charge" character? Do you make quick emotional, gut-based decisions rather than information-based or logical decisions. Your Answer: A1 Yes Analysis: Well Done [name]. I'm really glad you understand these instructions! Keep up the good work! We'll call your Character Type "The Achiever". Your Trading Strengths
BUT... What Could Go Wrong?
• You seek to control situations or interactions. You struggle to follow the logic of other traders and alienate yourself from your peers. • You attempt to gain the upper hand in negotiations. You may be perceived as selfish and not a team player, getting in the way of people wanting to help you. • You tell others what's on your mind without thinking as to how others might react. This can damage sensitive relationships if others aren't comfortable with your directness (which you perceive as strength). • You have a tendency to challenge, confront and make others look wrong. This can diminish the ability for others to provide you with direction. • You possess a tendency to change the systems, processes and procedures that others created or with which you disagree. You tend to want to change things before fully understanding them which could create costly trading mistakes. • You are a notoriously poor listener. This can get in the way of your trading decisions and create personality conflict with family and friends trying to help you. • You tend to dominate weaker personalities. Your leadership qualities can damage key relationships. • You tend to dominate and micro-manage others. This inhibits forward momentum. • You tend to delegate without effectively training others, setting others up to fail. • You have a temper. Those around you might try to hide mistakes and vital information that indicates a problem just to avoid pressing your button. You are so intolerant of mistakes you fail to give others a safe place to learn. • You like to be in control. You make decisions with little feedback and may not harness the "collective genius" of those around you. • You are impulsive. You can act without thinking things through. • You are a risk-taker. This can help you, but foolish chances can also hurt you. • You are impatient and aggressive. You want things now and will sometimes force results rather than let things develop naturally. • You fail to give positive feedback for a job well done. People may feel unappreciated in your presence as you only communicate when there is a problem.
What Trading System Can Help You Most? You may consider the following check-list: • One that gives you freedom to make strategic decisions. The system still requires your input. • The system needs to be efficient, flexible, organised and well thought-out. Not just a good idea, but one that can be used under varying conditions. It contains data systems where you can clearly measure your success. • Requires great personal challenge whilst working on the bigger trading picture. You may be more comfortable with a system that is not yet complete. Or one where you have access to the developer who may not have the skill or experience to continue on a growth track. • The system or service needs to be unique and demonstrates value. It needs to have integrity and produce great results. • It needs to be cutting-edge. It provides easy access to data and key indicators. • Offers the possibility of high returns.
Question 1:
QUESTION ONE: Are you outgoing, hard-charging, risk-taking, efficient, disciplined, organised, results oriented and "take charge" character? Do you make quick emotional, gut-based decisions rather than information-based or logical decisions. Your Answer: B1 No Analysis:
Well Done [name]. I'm really glad you understand these instructions! Just continue until ONE of the next three questions applies to you...
Question 1:
QUESTION ONE: Are you outgoing, hard-charging, risk-taking, efficient, disciplined, organised, results oriented and "take charge" character? Do you make quick emotional, gut-based decisions rather than information-based or logical decisions. Your Answer: C1 I'm not sure Analysis: Hey [name] That's OK! Just try "Yes" or "No". There's no real right answer. Just chose one of the 4 questions
Question 2:
QUESTION TWO: Are you fun-loving, outgoing, empathetic, risk-taking, people-oriented, charming, affable, creative, enthusiastic, talkative, optimistic, trusting and highly influential? Your Answer: A1 Yes Analysis: It's so cool that you're totally 'getting' how this whole system works... keep up the good work, [name]! We'll call your Character Type "The Friend". Your Trading Strengths • You have creative, problem-solving ability. You think out-of-the-box. You can find new ways to look at problems and find solutions. You are resourceful and can find what has worked in other businesses and industries and synthesize a solution for your business. • You are a visionary; you see the big picture. You can look beyond the status quo and see what is possible. You are skilled in enrolling others in your vision of the future. • You build consensus and will work hard to avoid conflict. You will work to build powerful relationships with others. • You are goal-oriented. You will work hard to attain your goals. • You influence others. You know how to rally the troops and inspire others to action. • You work well with others and function well on a team. You will work to build synergies and bond with other traders. • You are a great communicator. You are easy to talk to and relate to. You know how to make others feel right at home. You easily build powerful, life-long relationships. • You are optimistic and trusting and have positive energy. You maintain a healthy, can-do attitude in the face of adversity. • You are outgoing and exhibit mastery in sales and marketing. You are a natural-born sales person and promoter. You aren't afraid of getting out into the community and telling others why they should be doing business with you. You know how to drive sales. • You make work fun. Your energy is contagious • You are democratic and good at soliciting feedback. You know how to keep people satisfied. • You are entrepreneurial and a risk-taker. You aren't afraid to spend money to achieve your objectives. • You are quick to make decisions and implement them. You have a high degree of confidence in your own abilities
BUT... What could go Wrong? • You move too quickly. You don't always think about the total impact of your actions before you take them. You fail to "look both ways" when crossing the street, which can cost you precious time and money. You need to learn how to solicit feedback before going into the traffic. • You may resist following processes, which can dramatically increase your risk in business. You would rather create your own methods, making it difficult for established systems to support you. • You seldom do the same thing twice. Your creativity is constantly inventing new ways to solve a problem and run the risk of changing something that works, making you less effective. You need to develop rhythm. • You form strong opinions and resist checking your perception against the facts. You assume you're right and then take off. • You are very trusting. People may take advantage of you • You are optimistic. You may overlook information which could indicate a problem. You miss opportunities to fend off problems before they occur and can confuse "feeling-good" with creating great results. • You avoid conflict. You don't always say everything that's on your mind and have a tendency to hold-back "negative" information from people who can help you. • You make "feeling-based" decisions. You may miss "facts" if facts contrast with feelings. You don't always check opinions against facts. • You will go off on tangents. You are so creative that you can lose focus and waste time. • You are possibly highly disorganized and typically weak with detail and financial numbers. Your motto is "forget the detail - let's go sell!" • You know how to spend money. You may struggle to contain costs, focusing on top-line revenue rather than bottom-line cash flow
What Trading System Can Help You Most? • You need a rock-solid system that gives you opportunity to learn. One you can become passionate about and you can enthusiastically promote to others. • Your idea of a fun time is to leverage your creativity and teach other traders to become part of the "family". You like to give others a democratic right to voice their opinions. • You want a system that shows big gains, rather than low margins per transaction. • You prefer a simple operating system that is structured and methodical, compensating for your weak organization skills; one that has a point of difference, showcasing your ability to sell, promote and network within the trading community. • You prefer a well-known "brand" that has integrity, which appeals to your ego.
Question 2:
QUESTION TWO: Are you fun-loving, outgoing, empathetic, risk-taking, people-oriented, charming, affable, creative, enthusiastic, talkative, optimistic, trusting and highly influential? Your Answer: B1 No Analysis: Keep going[name]. I'm really glad you understand these instructions! Continue! Just continue until ONE of the next two questions applies to you... or you can start again.
Question 2:
QUESTION TWO: Are you fun-loving, outgoing, empathetic, risk-taking, people-oriented, charming, affable, creative, enthusiastic, talkative, optimistic, trusting and highly influential? Your Answer: C1 I'm no sure... Analysis: Hey [name] That's OK! Just try "Yes" or "No". There's no real right answer. Don't be shy - it's fun. Just chose one of the 4 questions
Question 2:
QUESTION TWO: Are you fun-loving, outgoing, empathetic, risk-taking, people-oriented, charming, affable, creative, enthusiastic, talkative, optimistic, trusting and highly influential? Your Answer: D1 What? Analysis: Go back to sleep, [name]. This Questionaire is not for you! You might consider a new vocation!
Question 3:
QUESTION THREE: Your Answer: A1 Yes Analysis: It's so cool that you're totally 'getting' how this whole system works... keep up the good work, [name]! We'll call your Character Type "The Team-player". Your Trading Strenths
• You are very objective and see all sides to an issue. Your investment decisions are level-headed and carefully thought-out. • You are very methodical and process driven. No one will ever call you a rebel. You will spend more time analyzing the stock market than investing. • You function best within a structured environment and would prefer to be told when to buy and when to sell. You follow the instructions to the letter. • You have great listening skills and a good memory. You enjoy traders groups where you have empathy and other traders like you. You are easy to talk to and relate to. • You are a great team-player and builder. You enjoy meetings and forums and members of your group. You communicate with them and keep them in the loop. • You are consistent and persistent. Once you are on to a "good thing", you will play that trade again and again without getting bored or feeling you have to change it. • You have strong people skills. You are good at soliciting feedback and have a willingness to listen. • You are steady and precise. But What Could Go Wrong?
• You struggle with multi-tasking. You like to do one thing at a time and complete that task before starting the next one. Unfortunately trading is typically not linear and new stuff happens every minute. You have to be able to change your daily action plan on the fly and adapt to new circumstances quickly, which is not one of your strengths. • You have a high level of fear of the unknown. This can sometimes paralyze your decision-making. Like an alcoholic, you must acknowledge your fear before you can move forward. You must learn to walk with your fear and not let it disempower you. • You need security and stability. You are uncomfortable with ambiguity however there will be moments requiring you to take risks you are uncomfortable with. • You need time alone. You find it hard to decompress and relieve tension. • You prefer a slow-paced environment. The goal of trading is fast-paced and changes are constant, so you may need to reconsider your career path. • You can be overly persistent and possessive. Holding on to a portfolio is not always in your best interests. You must learn when to cut your losses and let your profits run. • You are quiet and diplomatic. Sometimes you must overcome your natural tendency to avoid risk. You may need to get loud and angry like the Loner, or stand up and be counted like the Friend. You may not like this, but it works.
What Trading System Can Help You Most? • One that is not prone to dramatic swings due to conditions outside your control. • One that deals with stable blue chip enterprises rather than volatile growth markets. You are more comfortable with steady growth and high asset ratios than high returns over a short period. You enjoy being a shareholder in a large public company. • Trades that can effect the social fabric of society, such as green energy, foods and sustainable agriculture, where there is a certain "feel good" feeling. • Investments not subject to violent changes in direction. You leave them to the Loner and the Friend. • You need to invest in "Hedgehog" businesses where slow and steady wins the race. You are comfortable with small gains and everybody is happy.
Question 3:
QUESTION THREE: Your Answer: B1 No Analysis: Keep going[name]. I'm really glad you understand these instructions! Continue! Just continue until ONE of the questions applies to you... or you can start again.
Question 3:
QUESTION THREE: Your Answer: C1 I'm not sure... Analysis: Hey [name] That's OK! Just try "Yes" or "No". There's no real right answer. Don't be shy - it's fun. Just chose one of the 4 questions
Question 4:
QUESTION FOUR: Are you precise, exact, focuses, detailed, neat, systematic, polite, logical, professional, open-minded and slow-paced? If so, you are the most analytical, compliant, and methodical of the four characters. Your Answer: A1 Yes Analysis: It's so cool that you're totally 'getting' how this whole system works... keep up the good work, [name]! We'll call your Character Type "The Technician". Your Trading Strengths • You are objective and open to new information • You are methodical and process driven. You want to make every post a winner, are conscientious and pride yourself in getting each transaction right each time. • You function well within a structured environment. You follow the system even though you aren't in total agreement with the structure or the system. You adapt well and no one could ever say you "bucked the system". • You have great listening skills and remember details. You categorize everything like a librarian, know where everything is and are a genius for detail. You know everything about everything, and if you don't know, you know where to go to find out. • You are highly analytical and a wiz with numbers. You will find holes in any system, and have the uncanny ability to spot what is missing. You are brilliant at plugging the holes by creating processes and systems. You gather data and make informed, data-based decisions. • You are diplomatic and speak softly. People can count on you to do what you say you will do and in the time you said you would do it. You work at a steady pace and are self directed.
BUT... What Could Go Wrong? You will struggle with many of the same issues as the Technician, so refer back to their list. • You prefer to be alone. That means you are the business and if you aren't trading, you aren't getting paid. By nature, you resist working with a team, so accept it. • You also struggle with multi-tasking. You like to do one thing at a time and complete the task before you start the next one. As we said earlier, trading is typically not linear and new stuff happens all the time. To be a successful trader, you have to change your daily action plan on the fly, which you will find difficult. • You struggle with fear of making a mistake or bad decision. Like the Technician, you have to learn to walk with the fear as your companion, and not allow it to feed or stop you from plowing forward. • You need time to unwind, and may find this difficult during the day. You may get caught up in the detail and miss the big picture. You can lose sight of what the details add up to or what they mean. • Because you are a perfectionist, you can spend too much time on a given transaction. You must learn to accept that it is often time to move on from the inner perfection you seek. It is better to achieve high volume and excellence rather than low volume and perfection. • You may be perceived as aloof, antisocial and difficult to do business with.
What Trading System can Help You Most? • One that is highly structured and systematic. All you need to do is execute the trades. • One that requires no input from others. You prefer to work alone. You are not likely to want to mix socially with other traders. • One that gives you time to recuperate and prepare yourself for the next trading period. • One that is different from all the rest in the features is offers. You are meticulous and want positive proof. • A system that tracks and offers key performance indicators. You manage by analysis and need data to analyze. • Specializes in one product. You pride yourself in being an expert, not a generalist. This might be Forex, Commodities, Options or the Share market. • You love technical analysis. Make it work for you. You prefer high-ticket transactions with high margins and you are built for comfort, not for speed.
Question 4:
QUESTION FOUR: Are you precise, exact, focuses, detailed, neat, systematic, polite, logical, professional, open-minded and slow-paced? If so, you are the most analytical, compliant, and methodical of the four characters. Your Answer: B1 No Analysis: Keep going[name]. I'm really glad you understand these instructions! Continue! Just continue until ONE of the questions applies to you... or you can start again.
Question 4:
QUESTION FOUR: Are you precise, exact, focuses, detailed, neat, systematic, polite, logical, professional, open-minded and slow-paced? If so, you are the most analytical, compliant, and methodical of the four characters. Your Answer: C1 I'm not sure... Analysis: Hey [name] That's OK! Just try "Yes" or "No". There's no real right answer. Don't be shy - it's fun. Just chose one of the 4 questions. This is your last chance, so don't blow it! Would you like more information? There are several reasons why we are giving this information away:
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