Of the Following Statements About a Day Trader, Which Is

question 13

Multiple Choice

Of the following statements about a day trader, which is not correct?

• A) They have a short-term focus.
• B) They may buy and sell on the same day.
• C) They are more risk averse than most investors.
• D) Day trading may be their career.

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Definitions:

Price Variance

The difference between the actual cost of a good or service and its planned or standard cost, indicating how effectively resources are being used.