The Performer
ESFP
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This is why we want you to trade for us:
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Your boldness and willingness to dive into trades head-on make you a driving force in our fast-paced trading environment.
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Your originality in approaching trading strategies ensures that we are always exploring new and innovative ways to stay ahead in the markets
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The exceptional people skills you possess not only make you a valued team member but also enhance our collaborative trading efforts, fostering a supportive and dynamic team culture
This is why you will FAIL as a trader:
- Your sensitivity to emotions can sometimes cloud judgment, making it challenging to remain objective during volatile market conditions.
- A tendency to avoid conflict and shy away from addressing losing positions directly can hinder effective risk management.
- Your preference for excitement and variety might lead to unfocused efforts and overtrading, detracting from a disciplined trading strategy
This is how we get you to SUCCEED:
- Our mentorship program is tailored to leverage your natural strengths, providing necessary tools and discipline for success.
- We emphasize a balanced approach to emotional management, conflict resolution, and strategy development.
- The goal is to make your trading career profitable and fulfilling.
Overview
If anyone is to be found spontaneously breaking into song and dance while in the middle of a trade, it is the Performer personality type. Performers get caught up in the excitement of the moment and want everyone else to feel that way, too. No other personality type is as generous with their time and energy as Performers when it comes to encouraging others, and no other personality type does it with such an irresistible style.
Performers love the spotlight, and all the world’s a stage. Performers love to spend their time in trading chatrooms and forums, bantering with anyone who will engage. It’s not just talk either – Performers have the strongest need to talk about trading and enjoy talking about trading more than actually trading sometimes. Performers are naturally curious, exploring new trading systems and trading styles with ease. They bring a sense of style to their trading behavior and refer to what they do as a “form of art”.
Though it may not always seem like it, Performers know that it’s not all about them – they are observant, very sensitive to others’ emotions, and want everyone else around them to be as successful as they are. People with this personality type are often the first to help someone talk out a challenging trading problem, happily providing emotional support and practical advice. They can be very valuable members to a trading firm with a team environment and will be the glue that will make everyone better in the end.
The biggest challenge Performers face is that they are often so focused on immediate issues for themselves and others that they neglect the duties and responsibilities that make long-term success happen. Complex analysis, repetitive tasks, and matching statistics to real situations are not easy activities for Performers. They’d rather rely on luck or opportunity or simply ask for help from their extensive circle of traders and friends.
Performers are welcome wherever there’s a need for laughter, playfulness, and a volunteer to try something new and fun – and there’s no greater joy for Performer personalities than to bring everyone else along for the ride. Performers can chat trading (or anything else) for hours, and will never miss an opportunity to talk or discover new ideas. You will find them frequenting many free videos, seminars, etc. to see if they can just get one, little new thing to make them a better trader. Plus, this gives them the opportunity to make new friends and have a new trading idea to talk about. Performers are fantastic members of trading teams and will undeniably make the other personality types much better because of them. And, the other team members will have strengths the Performer desperately needs and they will be more than happy to lend them, creating a profitable relationship for both parties.
| ESFP: The Performer | |||||||
| Energy:
Extrovert |
Decisions:
Sensing |
Attention:
Feeling |
Lifestyle:
Perceiving |
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| Strengths | Weaknesses | Strengths | Weaknesses | Strengths | Weaknesses | Strengths | Weaknesses |
| Energetic | Excitable | Detail- Oriented | Over- Analyzes | Market Psychology | Feelings enter trades | Adaptable | Last-minute analysis |
| Trades well in a group | Not good on own | Linear | Hesitant to make decisions | In tune with Markets | Emotional Trading | Curious about learning | Spontaneous |
| Not afraid to act | Takes too much advice | Organized | Stubborn | Big Picture | Ignores data/facts | Wants to know all | Wants to know all |
| Think on their feet | Overtrades | Structured Research | Reluctant to admit failure or learn from error | Understands “why” | Eternal Optimism | Takes advice | Unsure |
There’s nothing that makes Performers feel quite as unhappy as realizing that they are boxed in by circumstance, unable to join their friends.
Trading Strengths
- Bold – Performers aren’t known for holding back on trading. They are all-in and will do everything to achieve the success they want. Wanting to experience everything there is to experience, people with the Performer personality type don’t mind stepping out of their comfort zones when no one else is willing.
- Original – Traditions and expectations are secondary to Performers, if a consideration at all. Performer personalities love to experiment with new styles, and constantly find new ways to stick out in the crowd.
- Aesthetics and Showmanship – Not stopping at mere outfits, Performers inject artistic creativity into their words and actions, too. Every day is a performance, and Performers love to put on a show.
- Practical – To Performers, the world is meant to be felt and experienced. Truth is stranger than fiction, and Performers prefer to see and do than to wax philosophical about “what-ifs”.
- Observant – With all this focus on the here and now, on doing and acting, it makes sense that Performers are naturals when it comes to noticing real, tangible things and changes.
- Excellent People Skills – More so than things though, Performers love to pay attention to people. They are talkative, witty, and almost never run out of things to discuss. For people with this personality type, happiness and satisfaction stem from the time they spend with the people they enjoy being with.
Trading Weaknesses
- Sensitive – Performers are strongly emotional, and very vulnerable to emotions – they can feel like they’ve been backed into a corner, sometimes reacting badly. This is probably Performers’ greatest weakness, because it makes it so hard to address any other weaknesses brought to light.
- Conflict-Averse – Performers sometimes ignore and avoid conflict entirely. They tend to say and do what’s needed to get out of such situations, then move on to something more fun. In trading, a Performer will shut down and ignore a position going badly against them. It’s a defense mechanism to avoid dealing with an unpleasant situation.
- Easily Bored – Without constant excitement, Performers find ways to create it themselves. Risky behavior, self-indulgence, and the pleasures of the moment over long-term plans are all things Performers get into a little too often. Overtrading is the biggest weakness of this personality type.
- Unfocused – Anything that requires long-term dedication and focus is a particular challenge for Performers. In trading, dense, unchanging subjects like technical analysis and statistics are much more difficult than more dynamic, relatable subjects like trading psychology, economic discussions and market behavior. It can be difficult for them to stay focused long enough to develop a solid, profitable trading plan.
Conclusion
Few personality types are as charming and attractive as Performers. Known for their ability to improvise and focus completely on the present, Performers are great at finding exciting new things to explore and experience. Performers’ energy, enthusiasm and down-to-earth attitude are invaluable in many areas, including their own personal growth.
Performers trade best when surrounded by other traders where they can bounce around ideas and lean on the more disciplined, rigorous minds in the group. They help introverted traders especially and bring out the best in other traders around them. Helping others trade successfully is sometimes even more rewarding to them than their own success.
