A trader is a market capitalist who studies the direction of assets with the aim of taking profit based on changes in the price of the asset or assets. A trader is a reader and a studies. Anything outside reading and studying (research) is plain gambling. A trader can be positional, swinger, scalper or eventually trader. We can still group traders based in the tool the use in making prediction.
One thing I understand about trading is that we all have different mindset and different perspective as well as different strategies and just in a lame man understanding you would know that a trader is one that beckons on its profits and they are very intentional in making sure it's profits or nothing and mostly the losses generated always poses alot of threat to their results so then they look for means to make sure it doesn't which includes involving in anything beneficial and making research can be one of them no doubts.
As the theory expresses we all have a strategic approach and perception to trading this is made up of experiences, information and objectives. Of course there are profits on the table and this is a straightforward calculation, but the successful path and achieving consistency is very much about minimising losses but being fully aware of each decision. It is an inherent that for those who are very serious in continuing to come up with ways on how to obtain more information and how to look for other efficient ways to sustain its existence, caution is all part of it. This means that although there is no indication that promises to be successful in every step of the process, all these challenges can indeed be met with better preparation.