Pisces is the twelfth sign of the zodiac and people born between February 18 and March 20 fall under this sign. Pisceans are spiritual and make attempts to stay in touch with their inner selves. People born under this sign are usually caring and compassionate. Pisceans are very friendly and able to get along with diverse people.
Pisces has Water as its ruling element and both Jupiter and Neptune as its ruling planets. Its astrological symbol is a Pair of Fish swimming in opposite directions. Moreover, it is the last of the twelve zodiac signs. All these factors make the trading styles, strengths and weaknesses of Pisceans totally unique.
Being the final sign in the zodiacal cycle, Pisces imbibes many characteristics of the remaining eleven signs. This makes Piscean individuals good with diversity and extremely diverse in nature, despite belonging to the same zodiac sign. Thus, generalizing the trading styles errs on the side of oversimplification.
Strengths in Trading
With Water as the ruling element, people born under this sign have significant emotional capacity. Pisceans may are able to calmly deal with volatility, without getting overly concerned. A few trades going against their favour does not result in a bout of jitters.
Water as the element and the Pair of Fish as the symbol are both associated with the quality of “going with the flow.” While this does make Pisceans very flexible in their trading styles, it does not mean they are easily swayed by emotions when trading or go along with general market sentiment. The Pair of Fish swimming in opposite directions symbolizes balance, which makes Piscean individuals more level-headed when trading.
With Jupiter and Neptune as the ruling planets, Pisceans give a lot of importance to what they are feeling. This makes them more intuitive than people born under other zodiac signs. Pisceans depend heavily on their intuition in decision making. What may seem lucky guesswork to others is actually Pisceans using their strong intuitive powers to arrive at a decision that’s best for them.
People born under this sign are creative and methodical, two qualities that help them immensely in coming up with their own trading strategies. Moreover, they thrive on solving problems and have what it takes to reach their goals.
Weaknesses in Trading
The intuition that Pisceans often rely on can at times result in decisions that are not based on adequate analysis and may go against the logic of the market. Being non-judgmental (a quality that helps them get along with diverse people), Piscean individuals can be indecisive while trading.
They are dreamers, which can sometimes result in trades being overly bullish. Although people born under this sign are usually balanced, they are occasionally prone to mood swings, making them take some erratic decisions.
What Proves Lucky for Pisces
- Lucky Colours:Mauve, Violet, Yellow, Red, Dark Green
- Unfavourable Colours: Pink, Royal Blue, Grey
- Lucky Days:Mondays and Thursdays
- Lucky Numbers:3, 7, 12, 16, 21, 25, 30
- Unfavourable Days: Wednesdays
- Suggestion: Teaming up with a person falling under the Virgo zodiac sign can prove lucky for Piscean traders
Trading Instruments that Pisceans are Drawn To
Pisceans are drawn towards forex pairs that include a currency of the Southern and Eastern countries. They may have luck with the EUR/AUD and EUR/NZD pairs. Similarly, they tend to trade in the China A50, Hang Seng and Nikkei indices. Pisceans often gravitate towards the Volatility index, which is a ‘fear’ (VXX) index tracking the volatility of S&P 500 over 30 days.
Trading Tools Preferred by Pisceans
A good risk management tool (like stops and pending orders) is essential to trading for Pisceans, since they tend to rely heavily on intuition. People born under this sign should also use a platform that offers a wide choice of tradable markets. This suits their preference for diversity. Pisceans should have a solid trading plan with entry and exits identified in advance.
Famous Traders Born Under This Sign
- Steve Jobs: Founder of Apple Inc, with net worth of $10.2 billion at the time of his death in 2011.
- Michael Dell: Founder of Dell, with net worth of $19.2 billion.
- Rupert Murdoch: Media mogul who built News Corporation, with net worth of $13.9 billion.
- Drew Houston: Founder of Dropbox, with net worth of $1.04 billion.
- Mike Krieger: Co-founder of Instagram, with net worth of $100 million.