One of the differences I've seen b/w traders and investors is that they have to believe the story they narrate to themselves.
If they're wrong, it will be too late to correct the course.
Further, they're tied to their narration. So even if they are wrong, they have to justify.
Traders, on the other hand, have the advantage of not being tied to the story, or the company but to the ticker.
They're in it to be rich, and not necessarily right.
A good trader will change direction when things are against them. Cut your losers short & let your winners run.
The challenge however is shifting/balancing b/w the two.
Traders could possibly make more money in the short term, but investors make money in the long term.
#nifty #banknifty #sensex