Trading the SPOOs with Patrick Slevin! Message Board

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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin!

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To: Stoctrash who wrote (6503)	10/20/2000 12:55:05 PM
From: Patrick Slevin	Read Replies (2) of 7434

Just reviewing the results of a psychological trading test a fellow gave me, he is writing a book on psychological profiles in traders. --------- Cumulative: INFP (strong extroverted characteristics) Trading Code: Short Trend Following Value: Intuition geared toward efficient action and pursuit of specific goals. Method: Intuitive knowledge with contingency plans. Inspired pragmatism. Trust: Intuition Role in Trading Room: Following the harmony of a trend with a keen "feel" for changes and disunity. Usage of Information and Tools: Open and conforming. Concerned to follow the rules and yet try to catch as much as can be taken in all trades. But cautious to adapt new techniques that seems "contrarian". Global perspectives keep the minor movements of price action as attractive but not the major focus. Personal: Educator's and champions of causes or ideas. Recessive Behavior under stress: a. Hypersensitivity and overreactions tend to make up the bulk of the observable behavior. This roots in projection of unconscious fears of their own incompetence, which is usually brought about by holding to a precise piece of "logic" when the behavior of the external entity is not acting in accord with the pseudo-logic. In the trading room it is usually found in a market action that did not behave in accordance with expected results. b. The hypersensitive reactions tend to root in poor choice and quick entry and exit without basis in reality. This results in self-critical judgments. The pressure is on sensing capacity with attempted logic, the resultant lesser strengths and creates "blind spots" of reality, filtering information that is normally seen after the event. "I wonder if I can do anything right at all." Is an often-heard statement of this type in the recessive functions. c. Precipitous actions are taken to correct an imagined mistake or some feeling of incompetence on their own. This often creates a problem where there wasn't one. I don't what to make of it, I somehow have a deep-seated sense of incompetence. I think I shall take some precipitous action. I'll call some guys, hit the links and bring along a stiff drink.

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