If you decide you want to stay overnight or even hold your trading position for several days, or even weeks you have now crossed the line into what is called a Swing Trader.
But if you want to go for the long haul and hold it for months, or years, you are no longer a trader but an investor. A long term investor.
The main difference
Investors, shareholders, are more like part owners. If you own a stock and are holding on to it, you are technically part-owner of the company.
For example, my day trades don’t last more than 15 minutes. I don’t have the stomach to see the market go into indecision mode. I love being in and out quickly.
Related Read: Difference Between Trading and Investing
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