Abstract: This chapter discusses how one could use the Five-Factor Model of personality traits to identify one's trading personality profile for a more profitable and less stressful trading experience. According to the FFM, one's personality is defined and expressed by five dimensions or factors. Each domain is a bipolar continuum progressing from one extreme to another in a graduated process. This unique aspect of the FFM provides a better handle in understanding one's personality than a simple bipolar, black-and-white expression of personality type theory. The FFM uses a classification system based on language. It identifies five domains of the personality: openness, conscientiousness, extroversion, agreeableness, and neuroticism (or OCEAN). The domains’ scores range from extremely high to extremely low, which makes them more practical and realistic for our purposes than specific personality types.
Publication Year: 2012
Publication Date: 2012-01-02
Language: en
Type: other
Indexed In: ['crossref']
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