<< Read Full Article

Shrink Rap: Trading Types Who Play Fast and Loose

 

"There are two great pleasures in gambling: that of winning and that of losing."
-- French proverb

Continuing my examination of the different trading styles and the personalities that fit most closely with them, this week I'll look at the gambler-impulsive trader.

This trading type likes to be where the action is. People in this group tend to be emotionally driven, following their impulses more than their thinking. This may lead to poor judgment, as they allow their desires of the moment to lead them into hasty action. And what activity begs for hasty action more than the ease and excitement of punching keys on a computer to buy and sell stock?

Personality

...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,441.12 1,109.18 2,206.91 35.96
Oil *
73.56
DOWN
10.88
UP
1.25
UP
5.86
DOWN
0.07
10 Yr
3.60%
SPDR Gold
111.59
-0.10%
+0.11%
+0.27%
-0.19%
Data delayed 20 minutes

More From TheStreet

Latest Headlines

Brokerage Partners

TheStreet Premium Services

All Services