Trader or analyst?

At first, all newcomers who come to the exchange think that the main character here is the trader.

Well, how exactly is a trader concluding profitable transactions, everyone sees his work and it is he who is interviewed by financial publications.

In fact, there are quite a few traders who independently make decisions about new transactions.

To be more precise, they make decisions on opening positions independently, but on the basis of data provided by the analyst. What is the difference between these two specialties, and who is actually more important in stock trading?

A trader Wikipedia interprets it - is a person who trades on his own initiative and tries to make a profit on speculative transactions.

In fact, professional traders rarely analyze markets and companies; most often, they use data provided by equally professional analysts.

Their task is to make a decision on a specific transaction and support it after the order is opened, ensuring risk insurance.

There are few generalist traders on the exchange who can independently assess the attractiveness of securities or forecast exchange rate movements.

To become a trader, you don't need to have a special education; you just need to learn to see market patterns and use them correctly

An analyst is a specialist whose responsibilities may include financial analysis, as well as economic analysis of companies, and sometimes entire industries.

They not only study financial statements and statistics but also develop models for predicting market developments.

Financial analysts are one of the most complex professions, requiring specialized education and a certain mindset.

Analysts typically have a background in mathematics, economics, or finance. There is also a separate specialty, financial analytics.

Former analysts become the best in stock trading, as they base their trade decisions on their own market analysis.

So what if you have neither the time nor the inclination for extensive training? Surely a trader can't trade without the input of an analyst?

Fortunately, they can, perhaps not as effectively, but it all depends on the personal qualities of the individual trading. Hedge funds often work with analysts, but history knows of many traders who achieved success without such assistance.