Q: I recently purchased the Peak Performance Home Study Course and have taken the Investment Psychology Profile. Well, after taking the profile and the tests in Book 2, it seems that I shouldn’t be trading…ever.
As per the WT test my score is 41, A/B 16, and LSI of 82. My profile says that I am an INFJ and have a lot of issues I have to work out.
What should I do now? I want to be a trader but obviously have a lot to work on. Would it be advisable to keep pushing or should I just give up since I might be just wasting my time?
A: Your continued commitment to becoming a great trader is what will get you to that point. In your strong favor, your willingness to work through the Peak Performance course is evidence already of great commitment. Congratulations!
What the tests tell you is that you should not trade until you’ve done the necessary preparation work to trade well. I don’t know if this will surprise you but this is the same case for most people.
As for your personality type, I’m also an INFJ and that’s only one degree from the ideal profile. I’ve seen people who do a lot of psychological work improve themselves and get to the top 10% of trader performance within their profiles. You can do that, too.
Here’s my basic recommendation for your preparation work:
1-2 years of psychological work
1 year developing a strong business plan after attending the Blueprint workshop
1-2 years developing 3-4 good trading systems Done individually in that order, that’s somewhere between 3 and 5 years.
If you are able to work on those items concurrently, you can probably finish the work in about two years. I wish you the best of luck. – Van
