Home > Beginner education > stock trading for a living: are you a trader or investor?

stock trading for a living: are you a trader or investor?

This might seem like a simple question for a stock trader but take some time and really think it out. My definition of a trader is a someone who takes risk soley based on price and volume. My definition of an investor is someone who speculates based on the current price of a stock that it is a value compared to what it is “worth.”

The reason for taking risk in both of these instances will be vastly different. The risk parameters for each will be very different. The more crystal clear your business plan is in regard to defining an edge, risk and trade expectation the easier it will be for you to follow your plan flawlessly.

Advertisements
  1. traderchuck
    March 14, 2008 at 4:19 pm

    It would be great if you can help out on some of these plans:

    http://www.technicaltradeadvice.com

  1. March 4, 2008 at 1:53 pm

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: