Saturday, November 17, 2012

Here are two trading resources which I've come across in the last two days which really complement each other.

    The first resource is a free trader personality test available at www.tharptradertest.com. This 35 question test will immediately generate a very detailed report outlining your trading personality, your strengths and weaknesses as a trader along with suggestions on leveraging your trading strengths and addressing your trading challenges.

   Next, check out Week 78 of the 4 Minute Trading drills at www.thedisciplinedtrader.com. This week's 4 Minute Drill focuses on the critical question of why are you trading? Coupled with the results of the Tharp Personality Test, the 10 minutes or so you spend on these two resources will be an excellent start on narrowing your focus in trading as we head toward the end of the calendar year. Use your results also to start working on your trading plans and strategies for 2013. Start working now on ensuring that 2013 is your best trading year ever!

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