Q: I recently took a leadership class which explored our personalities. We took the Myers-Briggs as part of the class, and I tested as an ESFJ. Do you have an opinion as to what kind of Myers-Briggs "type" makes a good trader?
Maybe that would give me some insight and understanding into the psychological obstacles I need to overcome as I develop as a trader.

A: Three personality types—the ENTJ (known for their ability to develop strategies), the INTJ (known for their scientific reasoning), and the ISTJ (the trustee type person)—combined should constitute about 12% of the population. However, at this time these three groups represent 50.1% of our current sample (our client base). The NTs constitute 45.6% of our sample, probably because these people are always attempting to improve themselves.

To learn more on how personality type relates to trading and how to strengthen your skills in areas that are not part of your "type" (such as NT), go to our Site Map on our website and read the free article on personality and trading type or follow this link: http://www.iitm.com/articles/Personality-Type-and-Trading.htm.