IdeaRe: Difference between an Analyst and a Trader

#13
bilbao wrote:
Sun Mar 10, 2019 5:49 am
Difference between trader and analyst is huge...

Technical analyst’s whole study is based upon pseudo-science, they use this methodology for predicting the direction of prices through the study of past market data with the help of charts so that’s why technical analysts also called as the chartist.

Fundamental analysts do a wider research that is made up of the study of underlying forces and changes that can affecis/her emotions during trade period and generate a maximum reward from a particular opportunity.

So what is the difference between a Trader and an Analyst?
...
A trader can be an analyst but an analyst cannot be a trader.
...Nice one! I want to share this locally in my domain. A lot of noobs or aspiring traders would have this lightbulb ☄ just above their heads right after reading this.

Re: Difference between an Analyst and a Trader

#15
joy.x.d wrote:
Tue Jul 14, 2020 4:14 pm
simmonjoshua wrote:
Fri Jul 10, 2020 5:56 pm
Well defined. Great job. There is a huge difference in the both. I think a trader can be an analyst but an analyst is not necessarily can be a trader.
Well said, A trader has to act like an analyst all the time.
That is very true. I am a trader and I always analyse the market first before trading. Planning my each trade is my hobby and I follow it rigorously.


Re: Difference between an Analyst and a Trader

#18
simmonjoshua wrote:
Mon Jul 20, 2020 11:57 pm
joy.x.d wrote:
Tue Jul 14, 2020 4:14 pm


Well said, A trader has to act like an analyst all the time.
That is very true. I am a trader and I always analyse the market first before trading. Planning my each trade is my hobby and I follow it rigorously.
That's a good habit. Helps you to stay disciplined.


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