punter

Punter

1. An trader who hopes to make quick profits. Basically, another term for speculator.

2. In the U.K., it is generally used to describe someone who gambles. It is also used to mean a client or customer of any business.

Notes:

A punter speculates as opposed to invest. Thus, punters aren't concerned with the fundamentals of an investment, but rather attempt to make a quick profit by selling to somebody else at a higher price. Punters speculate in any markets, but especially like options, futures and forex because of the leverage.

See also: Commodity, Futures, Leverage, Option, Rio Trade, Speculator

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punter

See speculator.