The term which best describes a day trader is speculator, So, the correct option is (a).
A speculator tries to outperform conventional longer-term investors by using tactics and often a relatively short time horizon.The process that speculator perform is known as speculation. Speculators assume risk in the hopes of earning profits that are substantial enough just to outweigh the risk, particularly when predicting the future price changes.
Excessively risky traders often don't endure very long. By using a variety of tactics, including investing in stocks, stop - limit orders, and tracking the data of their trading success, speculators can minimize long-term risks. Speculators are often experienced risk-takers who have understanding of the market they are trading in. Generally, speculator assumer too much risk in the process of speculation.
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