Forex Ultimate Guides and Tips

IQ Component Categories:

01

Aptitude (IQ)

02

Attitude

03

Confidence

04

Discipline

05

Education & Experience

06

Focus

07

Life Style

08

Money Management

09

Patience & Judgment

10

Personal Goal

11

Perseverance

12

Psychological Makeup

13

Risk Management

14

Social Needs

15

Success in Prior Life Works

A brief definition of each of the categories above follows to provide a forum for evaluation. Each of the 15 categories has a total value of 10 points making 150 a perfect score. Traders are not expected to get a perfect score. Such a score would be bogus. The goal is to achieve a score > 100. Whatever the score, the key is in the comprehensive evaluation of the component scores.

Note: The author is not a psychologist and therefore concepts are only general in nature.