Agree 100% The type 1 personalities are extremely risk averse which I feel the best traders/invertsors need to be. Take Buffet such as with his quote:
I'm at the type 2 camp as well and also the shift came when I realised, approved and acted on how the reply to my becoming profitable was internal not external. Anyone who can make money on a demo but can't on live need to recognise this too - what's the difference between demo and live? The answer to that question is the area that requires the work not the holy grail system.
Sort 3 individuals in my personal opinion aren't suited to any entrepreneurial venture that involves patience, work and resilience. They consider get rich quick exists whether it is in FX, online marketing, peny stocks, MLM, no money down property etc etc.. They will keep buying the red sales messages and leap into somehting else whe they do not see rapid outcomes.
Just my 2c