Many people think there is not much difference between trading and investing, or to put it more accurately, they don't really think much about it. There are people who think themselves as investors but act and make decisions as traders and vise versa. This is potentially dangerous and may prove to be costly financially. There are common characteristics to identify which role is best fit for your attitude and your financial goals. I have made below comparative chart to help guide you:
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| George Soros and Warren Buffett |
I'm definitely not saying that one is better than the other, because you can be successful in either. What is important is to correctly identify which type more fit our personality to fully utilize our skills and resources toward achieving our financial objectives. Can we be as accomplished as George Soros or Warren Buffett? We can! If we set our minds to it anything is possible! Good luck and have a fun time in your quest to success.