Red Light Statements Made by the Buyer Indicate Minor Resistance

question 48

True/False

Red light statements made by the buyer indicate minor resistance and should be all but ignored by the salesperson.

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Definitions:

Noise Trader

A trader whose trades are not based on information or meaningful financial analysis.

Day Trading

The practice of buying and selling financial instruments within the same trading day, taking advantage of small price movements.

Arbitrageur

An investor who attempts to profit from price inefficiencies in different markets by simultaneously buying and selling equivalent assets.