Day Trading and EQ

Day Trading and EQ

I think the best way to test your emotional intelligence is to do Day Trading. Money, both gain and loss (especially big gains and losses in a short period), brings all the fears, uncertainties and doubts out.

This also brings out whether you perceive it as a game or gamble. The classic difference between the two is whether you are making informed decision or not.

What most people lack is not the ability to be informed, but the ability to be decisive. It also tests how attached you are to money.