definition of the "trader"

[zenith]

One guy makes 100+ trades per day and moves 100K+ shares and another guy buys 2 stocks and sells them in 2 months. Are they both traders? What s the true definition of being a trader?

 

[nononsense]

Quote from zenith:

One guy makes 100+ trades per day and moves 100K+ shares and another guy buys 2 stocks and sells them in 2 months. Are they both traders? What s the true definition of being a trader?

Helping pay for the profits of the nimble.

 

[gnome]

Quote from zenith:

One guy makes 100+ trades per day and moves 100K+ shares and another guy buys 2 stocks and sells them in 2 months. Are they both traders? What s the true definition of being a trader?

Unless you inherit stocks from aunt Bessie and leave them to your kids in your will, "you are a trader"... different time frames for different folks, but a trader nonetheless. Yes, Warren Buffet is a trader.

 

[m22au]

Quote from gnome:

Unless you inherit stocks from aunt Bessie and leave them to your kids in your will, "you are a trader"... different time frames for different folks, but a trader nonetheless. Yes, Warren Buffet is a trader.

exactly. It's when the sell decision is made based on your old age, rather than because you've held the asset for a year or two.