Quote from 007Arb:
Even though I average around 500 to 600 trades per annum among my three accounts - a taxable and two IRAs, according to this poll I must not be a trader since my trading tool of choice are open end equity and bond mutual funds. That's because of their persistency of trend and lack of volatility compared to other trading instruments thus allowing one to more easily deploy their entire trading capital to best capitalize on the compound effect. Of course, that's yet another reason I must not be a trader since I abhor volatility.