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Master And Commander
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Master And Commander

by The MoleSeptember 14, 2016

I finally relented to curiosity today and submitted myself to a Myer-Briggs personality test online. Although I’m can’t be sure if those things are completely accurate I was pretty stunned by what I found. And by that I’m not referring to the actual results, which in case you are wondering came out to ENTJ-A:

myer_briggs-entj-a

Yeah, big surprise there, ain’t it. No, what really stunned me was the description of the ENTJ-A personality type as it really describes me down to a tee. They really should put my picture next to that one. I’m not going to dwell on all the good stuff, besides I’m sure you’re more interested in the dirt:

There is not much room for error in the world of the ENTJ. They dislike to see mistakes repeated, and have no patience with inefficiency. They may become quite harsh when their patience is tried in these respects, because they are not naturally tuned in to people’s feelings, and more than likely don’t believe that they should tailor their judgments in consideration for people’s feelings. ENTJs, like many types, have difficulty seeing things from outside their own perspective. Unlike other types, ENTJs naturally have little patience with people who do not see things the same way as the ENTJ. The ENTJ needs to consciously work on recognizing the value of other people’s opinions, as well as the value of being sensitive towards people’s feelings. In the absence of this awareness, the ENTJ will be a forceful, intimidating and overbearing individual. This may be a real problem for the ENTJ, who may be deprived of important information and collaboration from others. In their personal world, it can make some ENTJs overbearing as spouses or parents.

Sounds familiar? I recall numerous occasions in the past when I lost patience with some people commenting here and it often resulted in conflict and some individuals leaving the conversation (which I regretted after the fact). This is actually something I have been trying to work on in recent years and I hope it shows.

ENTJs love to interact with people. As Extroverts, they’re energized and stimulated primarily externally. There’s nothing more enjoyable and satisfying to the ENTJ than having a lively, challenging conversation. They especially respect people who are able to stand up to the ENTJ, and argue persuasively for their point of view. There aren’t too many people who will do so, however, because the ENTJ is a very forceful and dynamic presence who has a tremendous amount of self-confidence and excellent verbal communication skills. Even the most confident individuals may experience moments of self-doubt when debating a point with an ENTJ.

I guess that right here explains why I have continued to run this blog for the past eight years. Although I do seem to check many of the required boxes in terms of decision making, confidence, problem solving, and so on., trading in complete isolation is not something I enjoy. Which in some ways is contradicting as trading decisions are not made by committee and one thrives toward complete self sufficiency. However the daily exchange here does satisfy the need to share, inform, and if nothing else keep myself honest by putting my work out there for everyone to see.

Enough About Me

Anyway, the point of all this is that learning all you can about yourself (positives and negatives) is a must for any serious trader as it will help you realize some of the areas that may require a bit of improvement. There has been an increasing trend in thinking that everyone is a special snowflake but in truth we all probably will be able to identify closely with at least one of the 16 Myer-Briggs personality types that have been defined. I suggest you take the test today and report your findings here. It would also be good to see what your take away was and which areas you plan to improve on. I myself will definitely continue to work on my tendency to be dictatorial and abrasive. Although if I show too much improvement this place may just get too boring 

2016-09-14_spoos

In terms of setups I don’t see too much today. Equities are in utter spasmodic whipsaw mode and participation here is littered with treacherous traps. However what we have going for ourselves is that the sessions are relatively directional, which means actually more daily realized volatility and less intra-day RV. Thus I decided to give the bulls one more chance and take out a long position on a little dip lower (e.g. 2120 until 2115) with a stop below ES 2100.

If we drop through 2100 then I believe the bulls are in a world of hurt and we most likely would be descending lower and retest the ES 2k mark. You know the drill – keep your position sizes small and your stops at least 1xATR-14 away. Most importantly: don’t do anything stupid.


About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at various social media waterholes below.
  • bravenewworld2011

    INTJ here. A few of us at work took the test last year and it is downright scary (in some cases hilarious) how close the descriptions are to our personalities.

  • Mark Shinnick

    Fascinating…I’m taking it now..

  • Tomcat

    In hindsight, closing S on $CL was a bit premature…

  • ridingwaves

    Mexican peso suffers as Trump pulls ahead in Ohio poll

    This was all about one big monster trade….Trump most have shorted the peso

  • Mark Shinnick

    I’ve been long Trump at PredictIt: Its been a fascinating inquiry into the minds of HC supporter traders.

  • ridingwaves

    sometimes the obvious is glaring…I bet if you put the short on in spring as he was gaining popularity and his opponents were dropping out that it would have been a nice move

    just looked at chart, May would have worked when it bounced off 200sma around 17.50

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    ..while I still have a short signal on the S&P, it’s still a Neutral (signal) for the COMPQ.

    QQQ’s at support,
    http://stockcharts.com/h-sc/ui?s=QQQ&p=D&yr=0&mn=6&dy=0&id=p13003312433

    and as someone pointed out yesterday – AAPL was a snake in the grass ready to strike.
    [AAPL]
    http://stockcharts.com/h-sc/ui?s=AAPL&p=D&yr=0&mn=6&dy=0&id=p04755093010
    (Short the weak, not the Strong)

  • Yoda

    I fall into the ENFP category

    http://www.humanmetrics.com/personality/enfp

  • Mark Shinnick

    “Introverted iNtuitive Thinking Judging” INTJ Wait to short miners.

  • ZigZag

    I’m an INTP; never met anyone else with that type. Oh and shame on you for distracting everyone during market hours! 😉

  • Mark Shinnick

    “see’s everyone and everything as part of a cosmic whole” Fascinating !

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • ridingwaves

    Per Mole politics-chart rules…I’m scaling into L crude here
    https://s17.postimg.org/3o1xt20wv/Wtic_Daily_moment_draws_near.jpg

  • ridingwaves

    I like it long here, someone else does too, that wasn’t me….

  • Mark Shinnick

    Ahh…actually put it on more recently at the perceived end of the low level basing. There are a few ways to enter under different contracts. R/R area is still pretty good at around .35 with the landslide around .13. Trading this I’m just looking for decent pops rather than any actual final win.
    https://www.predictit.org/Contract/3324/Will-Tim-Kaine-be-elected-vice-president-in-2016#data

  • Tomcat

    Jumped for a quick trip when the bullish supply numbers came out. Got lucky both directions. Would still short Dec contract at $47 though.

  • ridingwaves

    see my chart above, which way it drops out of extended wedge will be the tell

  • http://www.linkedin.com/in/sharondsessions/ Sharon

    INFJ – Tom Selleck is a INFJ also

  • Tomcat

    Agreed, resolution will come soon. Although many traders are expecting 44-46 range to continue as volatility has been dropping significantly.

  • Yoda

    All life and creation together the Force binds.
    😉

  • ridingwaves

    dollar will be the tell, fed does nothing, dollar heads for 87, crude heads for 60….that’s my plan….but plans are often changed….

    the dollar is a huge rounded top right now with heavy resistance at 96.50

  • OJuice

    Awesome post Mole. Thanks for the link. I’m ESTP-A, The Entrepreneur. And it is scary accurate.

  • Tomcat

    Isnt there an OPEC meeting end of this month too? $60 forget about it, not 2016 contract… Let’s hope we both come out OK.

  • Mark Shinnick

    “The absence of evidence is not necessarily evidence of absence; nor is it evidence of presence.”
    ? Donald Rumsfeld

  • Yoda

    I love the sound of that

  • Yoda

    we all know how this thing turned out.

  • yudhisthira

    PROTAGONIST (ENFJ-A) zero quiet

  • Mark Shinnick

    “Those who think that they know, but are mistaken, and act upon their mistakes, are the most dangerous people to have in charge.
    —Margaret Thatcher”

  • Yoda

    So far we have:
    1- ENTJ
    1-ISTP
    2-INTJ
    1-ENFP
    1-INTP
    1-INFJ
    1-ESTP
    1-ENFJ

    talk about a diverse crowd…
    Yes Mole, you have to cater to all our diverse feelings and personalities. Whilst in appearance they all seem similar from a macro view, snowflakes come in various sizes and forms:
    http://www.huffingtonpost.com/2015/01/03/snowflakes-35-different-shapes-infographic_n_6401274.html

  • Mark Shinnick

    …makes a market :) Looks like a preponderance of “N” and “T” !

  • Tomcat

    They are talking rate hike again…(palm in face)…who believes these baboons…

    EDIT: In reference to buying financials…

  • kudra

    ESFP. Entertainer.

  • Yoda

    Great! The more the merrier the blog.

  • constantchaos

    Thank you for the link, Mole. I’ve always thought you were some xNTJ of some sort! I’m an ENTP.

    http://www.truity.com/personality-type/entp.

    Very accurate.

  • Mark Shinnick

    He has been rather engaging at times. :)

  • JackSparow

    I got a ENTJ-T.. how about that :)

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    Sextus Empiricus, questioned the apodicticity of inductive reasoning because a universal rule cannot be established from an incomplete set of particular instances: “When they propose to establish the universal from the particulars by means of induction, they will effect this by a review of either all or some of the particulars. But if they review some, the induction will be insecure, since some of the particulars omitted in the induction may contravene the universal; while if they are to review all, they will be toiling at the impossible, since the particulars are infinite and indefinite”

    Translation: Sh!t Happens

  • http://evilspeculator.com Sir Mole III

    Scott told me that they did a test in one of the trading seminars he went to and 80% of the attendees were ENTJ. Seems like we’re in the right business.

  • http://evilspeculator.com Sir Mole III

    You sound like a person I would get along with well.

  • http://evilspeculator.com Sir Mole III

    More diverse than I thought actually.

  • Ronebadger

    ESTJ-A seems in the right ballpark

  • Mark Shinnick

    Unless opposites attract ? What of the wife?

  • http://evilspeculator.com Sir Mole III

    I wonder what Darth Vader’s type would be.

  • Yoda

    Interesting chart from Peter Brandt on Copper

  • http://evilspeculator.com Sir Mole III

    I said ‘get along’ – not ‘attract’ buddy!

  • Mark Shinnick

    :)

  • Yoda

    I’d say ESTJ since J.D. Rockefeller was one and is the darkest Mofo IMO in the list of “people who you may know”

  • OJuice

    Continuation pattern seems like an equally likely outcome. From a cursory glance.

  • BKXtoZERO

    “I recall numerous occasions in the past when I lost patience with some people commenting here and it often resulted in conflict and some individuals leaving the conversation (which I regretted after the fact). This is actually something I have been trying to work on in recent years and I hope it shows.”

    I miss Bobby. I guess he was one of the ones that left the converstation. I read posts back then and someone said they thought he was in draw-down, but from the posts I read, he appeared to be doing pretty well. Whatever happened, he is greatly missed by me. He was a great source of info for me on crude oil and a good friend here.

  • Yoda

    True

  • Mark Shinnick

    Yeah…the people around here are not exactly uninteresting.

  • BKXtoZERO

    I took the test, it said I have no personality and desperately need one. Just kidding, I am a, “INTP
    http://www.my-personality-test.com/personality-type/INTP/strengths-and-weaknesses.html

  • Skidmarkalot

    Well,,,, my score ISFJ

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    Dr…..Dr. Copper.

  • yudhisthira

    VIx stays outside bollinger.

  • http://greenlander1.blogspot.com/ Greenlander

    “THE DEBATER” (ENTP-A)
    ANALYST
    PEOPLE MASTERY
    84%
    EXTRAVERTED
    16%
    63%
    INTUITIVE
    37%
    81%
    THINKING
    19%
    41%59%
    PROSPECTING
    96%
    ASSERTIVE

  • http://greenlander1.blogspot.com/ Greenlander

    shorted VXX near the close. Another SPY close below lower BB and decreased selling volume.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    looks like a stalemate.

    but we know what Bears want!

  • http://greenlander1.blogspot.com/ Greenlander

    Yeh I feel my slight ‘P’ tendencies not good for my trading. Last time I did one I was ENTJ. Hope over time I join the crowd!

  • http://greenlander1.blogspot.com/ Greenlander

    anyone here short?

  • Ronebadger

    Present…but I do see bullish div’s on some indicators

  • Ronebadger
  • Mark Shinnick

    Yes…reduced position. Vol would of course typically drop…but that could be recency bias.

  • aka_ces

    well, your name is Evil, after all …

  • http://greenlander1.blogspot.com/ Greenlander

    Wow way more diverse than I would have thought

  • http://evilspeculator.com Sir Mole III

    Evil is as evil does…

  • http://evilspeculator.com Sir Mole III

    I read until ‘huff…’ 😉

  • http://evilspeculator.com Sir Mole III

    Can I borrow your care tonight?

  • http://evilspeculator.com Sir Mole III

    Computer crime as imagined in 1981 – giggity…

  • CandleStickEmUpper

    that is some good foresight from 1981! Now where are those flying cars McFly?

  • Billabong

    Closed them out today … MOMO (daily) flattening out.

  • http://evilspeculator.com Sir Mole III

    We got spam instead….

  • ridingwaves

    I don’t like the comparison, the bottom channel is sloping up on new triangle, the bottom channel on top is not…the top triangle just looks like one big down channel if you ran the line on the bottom starting point from Nov. 11

  • http://greenlander1.blogspot.com/ Greenlander

    Just curious as I went long again today

  • OJuice

    I closed shorts at the end of the day as well. Flat zero and an inspiring follow up from yesterday.

  • http://evilspeculator.com Sir Mole III
  • http://www.linkedin.com/in/sharondsessions/ Sharon

    Huhhhhh. More details on that request. Are you asking for prayers?