What is a Day Trader? from
The Electronic Traders Association
The Traders Glossary from
Stocks and Commodities Magazine
Are you addicted to Day Trading?
Some free alternatives if you are addicted
Trading is not investing. The difference is critical and involves much more than the duration of each stock position. Investing is a bet that a company or industry will improve its profitability or market share over time. Trading is a bet the stock will rise or fall in the next ten minutes or hour. Investments can lead to real gains for all shareholders as the market rises, while trades require someone to lose a dollar for every dollar you gain.
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Robert X. Cringely in Day Dreaming from Worth (October 1999)
Last update 1/20/2000. Copyright © 2000 Investor Home. All rights reserved.