A few months ago, I conducted a survey on this web with the question: Do you choose to be a trader or a stock investor? From the survey results obtained answers from the respondents with a total of 114 votes as follows:
Day trader (Minutes - hours) : 9 votes (7%)
Day traders (1-3 days, max 1 week) : 56 votes (49%)
Traders 1-3 weeks : 20 votes (17%)
Traders 1-3 months : 10 votes (8%)
Mid-term traders 3-9 months : 4 votes (3%)
Investors (>1 year): 15 votes (13%)
Here is the cropping of the survey results that I have done on the Stock Gain web.
Thank you friends for taking the time to participate in survey participation on the Stock Gain web. Before I explain further, it helps you know in advance the types of traders and investors:
- Scalping trader: trade for hours, even minutes.
- Intraday trader: daily trades up to 3 trading days.
- Swing trader: trades for a time span of one week to one month. Usually referred to as trend following, because typical swing traders are those who rely on trend movements.
- Mid-term traders: the principle is the same as swing traders (same as trend following), only the period is a few months to one year. This type of trader is also known as semi-investment, because they trade for a rather long period of time.
- Investors: Investments for a period of more than one year. Investors are divided into value investors and growth investors, but I will not discuss further in this post.
Well, from the results of the survey, the most votes were obtained from colleagues who chose to become day traders for a maximum period of 1 week as many as 56 votes (49% of the total votes). And the second most votes were trading for a period of 1-3 weeks with 20 votes (17% of the total votes).
This means, in conclusion, many of you really like to be day traders and swing traders with a trading time span of a few days to under 1 month. Trading is not too fast, but not too long either.
Mid-term trading is rarely liked by traders, because traders feel that trading with a time span of several months is too long, and it feels very bearable. If you want to trade for a longer period of time, just invest. From the survey results, only 4 votes (3% of the total votes) chose to become a mid term trader.
Likewise with scalping traders (minutes - hours), which only 9 votes (7% of the total votes). Becoming a scalping trader is not easy, because you have to have the right timing in and out in a very fast time span, even in a matter of minutes.
Back again to the title of the post above: "Is it good for me to be a trader or stock investor?" It all depends on your respective goals. In what ways do you qualify as an investor, and in what ways do you qualify as a trader? Want to know the answer? Continue reading this article: Become a Stock Trader or Investor? - Part II.
