Below you will find a 20 item questionnaire that will help you assess your current readiness for success in peak performance trading. This questionnaire will need to be printed and then filled out, click here for a printable PDF of the Questionnaire. This is not a test. Answer honestly. It is designed to help you evaluate whether your personal psychology is helping you or hindering your growth as a successful trader. And it will show you where improvement is needed to master the inner game of trading.
Directions:
Read each statement and circle a number between 1 and 5 that best describes your agreement with the statement.
Where: 1 = Rarely, 2 = Sometimes, 3 = Typically, 4 = A lot, and 5 = Almost Always.
After you finish the questionnaire, add up the numerical value you assigned to each statement. Copy this number into the Total Aggregate Score Box. Let's get started.
1.) I wake up or go to sleep worried about my trading.
1 2 3 4 5
2.) I let yesterday’s trades influence my current decisions.
1 2 3 4 5
3.) I am worried that my capital will not survive my learning curve.
1 2 3 4 5
4.) I spend my profits before I have realized them.
1 2 3 4 5
5.) I have a hard time pulling the trigger because I second guess myself and/or fret about losing another trade.
1 2 3 4 5
6.) I catch myself trading outside the rules of my methodology.
1 2 3 4 5
7.) My heart rate and blood pressure go through the roof as I trade.
1 2 3 4 5
8.) I feel the need to make up for prior losses.
1 2 3 4 5
9.) I can do simulation trading well, but not once I start trading with my capital.
1 2 3 4 5
10.) I have difficulty acknowledging my mistakes and/or learning from my mistakes.
1 2 3 4 5
11.) I was trading fine until I raised the number of my contracts.
1 2 3 4 5
12.) I get impatient waiting for a trade.
1 2 3 4 5
13.) Trading mistakes I make seem obvious to when I later review them, but I don't seem to learn from them.
1 2 3 4 5
14.) Trading has become a chore and unenjoyable.
1 2 3 4 5
15.) I over trade after a windfall which causes me to give back my earnings.
1 2 3 4 5
16.) I’m losing money in my trading despite having a reliable methodology.
1 2 3 4 5
17.) I feel tense or sick to my stomach when I trade.
1 2 3 4 5
18.) I keep making the same trading mistakes – I don’t seem to learn.
1 2 3 4 5
19.) I move my stops and targets in my trades.
1 2 3 4 5
20.) I become conservative once I win and stop trading even if I haven't reached my plan goal.
1 2 3 4 5
________________________
________________________ Total Aggregate Score (add all your responses together)
_________________________ Subscale F-SD Total (1,3,5,7,9,11,14,17,20). Add these together.
_________________________ Subscale G-I Total (4,6,8,10,12,15,18). Add these together.
_________________________ Subscale F-SD/G-I (2,13,16,19). Add these together.
