One of the best things I can do in the business is to study the different trading diets of people with different which trading is better personalities and lifestyles.
In a figurative way, it’s a great metaphor. In practice, it becomes easy to predict blood types, or the trading style that’s best suited to an individual, by looking at their personality. They can also prescribe diets based on capital, experience and schedule.
How to Discover Your Blood Type with a Diet
Like a good diet plan, trading has no universal plan. You should first assess your personality before you decide whether or not to cut out carbs, “add more fibre” or just avoid certain markets. Do you tend to be more hesitant than impulsive, for instance? You may be patient, or you might have short temper. Then, ask a close friend to assist you in identifying your personality strengths and flaws. Be tough. Your own benefit will be served by it.
A trading journal can help you better define your personality and learn how certain traits affect your trading. Understand your personality one way, and then understand it in the context of trading another. Although patience is good with children, it isn’t so with losing trades. The journal helps traders review their winning or losing trades. They can identify what factors contributed to the success of the trade. Remember to also review your outer traits: schedule and risk capitulation. Be realistic about the amount of time you can devote to trading and how much risk capital is available. Examine how you spend your time and money. Review the market you are trading on, the type of trading you do and the time frames that are being used. This market, trading style and time frame are they suitable for you and your schedule? What is their personality like?
Self-assessment will be essential in determining the type of diet that is right for you. Now let’s take a look at each trading blood type and its respective diet.