Traders are individuals or entities that buy and sell goods, services, or financial instruments like stocks and currencies. They play a crucial role in the economy by facilitating trade and ensuring that markets function efficiently. Traders can work in various settings, including stock exchanges, financial institutions, or even independently. Their goal is often to make a profit by taking advantage of price fluctuations.
There are different types of traders, such as day traders, who buy and sell within the same day, and investors, who hold assets for a longer period. Each type has its own strategies and risk levels, making trading a diverse and dynamic field.