Question

plss answer fast plss
write about traders

Answer 1

A trader can work for a financial institution, in which case he trades with the company's money and credit, and is paid a combination of salary and bonus. Alternatively, a trader can work for himself, which means he is trading with his own money and credit but keeps all of the profit for himself. Among the disadvantages of short-term trading are commission costs and paying away the bid/offer spread. Because traders frequently engage in short-term trading strategies to chase after profit, they can rack up large commission fees. However, an increasing number of highly competitive discount brokerages has made this cost less of an issue, while electronic trading platforms have tightened spreads in the foreign exchange market. There is also disadvantageous tax treatment of short-term capital gains in the United States.