Day Traders: those who buy new every day and sell what they bought at the end of the day. Short Term Traders: those who buy and hold for a few days or even 2 - 3 weeks. Week End Traders: those who buy on Monday but close out all at the end of Friday Long Term Traders: those who buy, set sells on the way up (lowering their avg pps) and buy again on dips; holding for many months Goofy Traders: those that proclaim to be long term traders and never take profits along the way, emptying the penny jars at home to send in to their broker to buy more when they percieve this stock is "going to the moon!" raising their avg pps. They neglect all the profits that they could have taken along the way and wish later that they were smart enough to do as they were told to (and thought that they should do) along the way.
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