As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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Tuesday, 27 March 2012

Investing vs Trading (5) - Key differences???

Read? Investing vs Trading (4) - Two great attributes of long-term investors

The more I read on those debates on investing vs. trading, the more I am convinced.

The key differences in good investors and good traders.

Good investors: They have guts and patience. When it is time to act on their ideas and belief, they dare to bet big.

Good traders: They have great skills in market timing and consistency is the way to go.

I think it is harder to be good traders than to be good investors.

1 comment:

  1. good investor - no (need) skill in market timing and not consistent

    good trader - no guts nor patience, no idea of their own.

    traders are usually more mechanical driven and strategy relience which form the trading system to produce consistency.

    investor, er i don't really know, may be more fundalmantal basis and time is all they need.

    ReplyDelete

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