[GCB]

	Quote:	thetradingdoctor
	This is an interesting discussion as it brings up the issue of how traders are classified. There is a taxonomy of traders, much like the taxonomies in the animal kingdom. In this regard, I would like to how from each of you: what is your definition of a speculator? Thanks Janice

I have a pretty broad definition. A speculator is anyone who buys (sells) anything with the sole intention of selling (buying) it later at a profit. A speculator assumes risk to obtain the possibility of profit.


BTW, Another reason traders offer information is as a motivation to organize and be thorough about their own study. John Carter and my personal mentor both put out newsletters and both have said doing it is one way to force themselves to do their homework.