Irvine, Calif., November 12, 2019 - How do your behaviors influence how you invest your money? Online Trading Academy (OTA) is teaming up with The Myers-Briggs Company to give current and potential investors a better understanding of how your psychological makeup could be helping, or derailing, your personal investment choices.
The webinar, titled Psychology of Investing with Myers-Briggs: What your MBTI personality says about your investing style, will be live-streamed through OTA’s YouTube channel and The Myers-Briggs company’s Facebook page on November 19, 2019.
The webinar addresses the challenges traders and investors face when trying to become more proactive with their investing. “People want to be more hands on but, but let’s face it: investing can be intimidating,” said Justin Arneson, Senior Research & Data Scientist for The Myers-Briggs Company. “Some people are afraid they’ll be too cautious and miss out on opportunities, while some are afraid they’ll be over-confident and make reckless decisions. This webinar aims to empower investors through self-awareness.”
"Having traded and trained people on the financial markets these past 21 years, the factor which causes more people to fail than anything is not understanding how their personalities impact their trading. Things such as impatience, greed, stubbornness, all come at a cost," said Merlin Rothfeld, Instructor and Market Strategist at Online Trading Academy.
Many of the Challenges Traders and Investors Face are Psychological
How you choose to invest is a behavior, and like most behaviors your investing style, strategy, strengths and blind spots can be tied back to your personality tendencies (like those measured by the Myers-Briggs and CPI 260 assessments). In fact, personality characteristics that may influence investing include things like risk-aversion, self-control and flexibility.
Knowing your strengths and weaknesses is a critical first step before this change can take place. Traits such as fear, stubbornness, disorganization and an unwillingness to break old habits can be challenging for investors to break through, but education, structure and risk management can help new and existing investors remedy these issues.
“Knowing more about your own personality can be like holding up a mirror to your financial mindset. You can see how your perception is different compared to others and understand which parts of your personality are really serving you when making investment decisions, as well as which associated behaviors are holding you back,” said Arneson.
To help both new and seasoned investors increase their self-awareness and understand steps they can take to overcome negative traits the webinar will be available to the public on the OTA YouTube Channel and The Myers-Briggs Company’s Facebook page on November 19, 2019 at 10AM PT/1PM ET.
The webinar content is intended to provide educational information only. This information should not be construed as individual or customized therapeutic treatment services or clinical psychological treatment services.
ABOUT ONLINE TRADING ACADEMY
Online Trading Academy (OTA) is a world leader in education for investors looking to build life-changing skills designed to help make the right moves in the financial and real estate markets. Their patented Core Strategy is designed to empower traders and investors to make smarter investing decisions. Students learn under the guidance of experienced traders in an interactive classroom setting with extensive online education resources. The courses are geared toward individual investors or traders, novice or experienced, who want to learn how to use similar tools and trading techniques as the professional traders on Wall Street. From a single location in Irvine, CA, Online Trading Academy has expanded to more than 48 worldwide campuses, and over 500,000 people have attended OTA’s free half-day introductory class.
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ABOUT THE MYERS-BRIGGS COMPANY
In our fast-changing world, your edge lies in harnessing 100 percent of your talent – whether you’re at work, home, school, college, or anywhere in between. Your success and sense of fulfilment aren’t just about what you know and what you can do, they hinge on your relationships and interactions with others. The Myers-Briggs Company empowers individuals to be the best versions of themselves by enriching self-awareness and their understanding of others. We help organizations around the world improve teamwork and collaboration, develop inspirational leaders, foster diversity and solve their most complex people challenges. As a certified B Corp (and a registered California Benefit Corporation), The Myers-Briggs Company is a force for good. Our powerfully practical solutions are grounded in a deep understanding of the significant social and technological trends that affect people and organizations. With over 60 years in assessment development and publishing, and over 30 years of consultancy and training expertise, a global network of offices, partners and certified independent consultants in 115 countries, products in 29 languages, and experience working with 88 of the Fortune 100 companies, we’re ready to help you succeed.
+1 800.624.1765 : themyersbriggs.com : The Myers-Briggs Company
The Myers-Briggs Company