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Old 04-14-2007, 08:26 PM
pig4bill pig4bill is offline
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Join Date: Dec 2005
Posts: 2,658
Default Re: What are traders?

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Traders trade.

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'Zackly. They don't invest. Investors want to own a piece of the company. Traders couldn't care less about owning the company.

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Not all traders make money long term. Most traders become "investors" when a position moves against the trade in a substantial way.

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LOL, a.k.a "bagholders".

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It can be hard to understand the writing of Douglas unless you have substantial experience.

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Mark Douglas? It doesn't help that he's not much of a writer either. His stuff comes off like a textbook, and more than a little arrogant.
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