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How to Make Sense Out of Your Score
The Total Aggregate Score combines the scales used to measure Fear/Self Doubt (F-SD), Grandiosity/Impulsiveness, and where both Fear/Self Doubt and Grandiosity/Impulsiveness are co-mingled. The higher the score, the more the success of your trading is impacted negatively by your emotional state management and your state of mind.
These are intended as guidelines to help you assess your level of success in managing the emotional nature of your personal psychology.
Scoring Indications:
Total Aggregate Score
20 - 30.
Skilled and successful traders generally fall within this range. Highly successful super traders generally score around 25. Traders in this range often seek a deeper sense of purpose and meaning rather than ego driven success. The questions are no longer about survival, but a new line of questioning needs to emerge -- about how can the trader use his/her skill sets to serve a purpose greater than the self.
31 - 45.
Many traders fall within this range. The problem is their consistency -- up one day, down the next. Toward the higher end of this range, traders trade out fear, self doubt and impulsiveness. Bravado is usually not an issue anymore -- in this range the trader recognizes that his gradiosity will cause him to lose. The key here is the need to develop consistent trading success. (The higher the number, the lower the consistency.) They may be making money, but they are missing the emotional regulation skills and state of mind management that can take them to higher levels of trading success and personal development.
46 - 80.
Trading is problematic and probably not profitable. (The higher the number, the lower the consistency.) Trading is often done out of fear and lack of emotional control. This is a zone where learning skills in emotional state management and state of mind management are significantly indicated.
81 - 100
Trading is very problematic and is definately not profitable. Trading is done out of fear, self doubt, grandiosity, and impulsiveness -- and these emotional motivations dominate trading. Tremendous need for emotional state management is indicated.
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F-SD Subscale (Fear / Self Doubt)
9 - 15
Consistenly Successful Trader.
16 - 23
Winning is inconsistent, and success comes and goes. Need for emotiona and state of mind management to move to next level of consistent profitability.
24 - 35
Trading from a state of fear and probably losing money. Strong need for emotional and state of mind management skills.
36 - 45
Losing money is highly likely on a consistent basis. Consumed by fear of trading and inconsistent skills. Vast need for emotional and state of mind management skills.
G-I Subscale (Grandiosity / Impulsiveness)
7 - 12
Consistenly Successful Trader.
13 - 19
Winning is inconsistent, and success comes and goes. Need for emotiona and state of mind management to move to next level of consistent profitability.
20 - 28
Trading from a state of fear and probably losing money. Strong need for emotional and state of mind management skills.
29 - 35
Losing money is highly likely on a consistent basis. Consumed by fear of trading and inconsistent skills. Vast need for emotional and state of mind management skills.
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F-SD/G-I Subscale (Combined)
4 - 9
Consistenly Successful Trader.
10 - 12
Winning is inconsistent, and success comes and goes. Need for emotiona and state of mind management to move to next level of consistent profitability.
13 -16
Winning is inconsistent, and success comes and goes. Need for emotiona and state of mind management to move to next level of consistent profitability.
17 - 20
Winning is inconsistent, and success comes and goes. Need for emotiona and state of mind management to move to next level of consistent profitability.
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More Information
More emphasis is given to Fear and Self Doubt as problematic issues in trading because the vast majority of traders trade from an emotional state of fear which collapses the capacity to produce the calm and impartial sense of authority necessary for successful long term trading. If you are high in this scale, emotional regulation and peak performance training is indicated if you want to become part of the elite 5% of traders who make money trading.
If your score is high in the Grandiosity/Impulsiveness subscale, you will experience trading more like gambling against the house rather than capital risk management. This has to be brought under control to produce long term success in trading.
Scoring high in the Subscale F-SD/G-I represents a significant need for emotional state management so that you can develop the proper state fo mind for successful trading.
In the Ignite Training, a baseline score is established at the beginning of training. This score is then compared to your score as you develop the Ignite Skills of emotional state management and the Trader's State of Mind. This will have a direct correlation to your financial success in trading.
At this point, if your are committed to trading and really want to develop the personal psychology to become a successful trader, a telephone consultation is the next step you need to take or participating in a webnar so you can see if the Ignite Training Program is a good fit for your training needs. You are encouraged to persue either option. Click here to find out more about these options on the Home Page.
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