Books on "Day Trading"

[goodedesign]

[MarkL444]

when you say short term trading, what kind of timeframe are you talkin about?

if i was to make an investment for ~2.5 months, would that be "trading"?

[goodedesign]

[RunDownHouse]

[ QUOTE ]
an investment is when you want to become a part owner in a company.

...my investments on the other hand are buy stock in 10-12 well run strong companies diversified through sectors with the intention of NEVER selling.

[/ QUOTE ]

It shows that you've read a lot of Buffet.

In the quotes from my post above, "speculator" can be equivalent to "trader," obviously. I wouldn't say that only intending to hold a position for 2-3 months makes you a trader by definition, but as a practical matter it most likely does. If, for instance, you have material reason to believe that the market's expectations for a company will change drastically in the next 2-3 months, then you're making an intelligent investment with your position.

However, I would venture to say that nobody outside of the profession would (legally) be able to meet those requirements even rarely.