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.

Question

Quizplus · Accepted Answer

Day traders typically embrace risk more than the average investor, as they engage in short-term trading strategies that can involve significant volatility and uncertainty.

Of the Following Statements About a Day Trader, Which Is