Which of the following statements concerning day traders are correct?

I. Day traders generally do not hold securities over night.
II. Day trading is a relatively low risk approach to investing.
III. Some day traders sell stocks short.
IV. Day trading was declared illegal by the Market Stabilization Act of 2002.

A) I and II only
B) I and III only
C) I, II and IV only
D) II, III and IV only


Answer: B

Business

You might also like to view...

Normally, depreciation calculations are based on the exact number of days the asset is held during the period

Indicate whether the statement is true or false

Business

In a three-tier application model, the user interface is often referred to as a(n) ____.

A. GUI B. thin client C. program unit D. OTN

Business

The Islamic law system is derived from:

A) The Sunnah. B) The Koran. C) Reasonings by Islamic scholars. D) All of the above.

Business

False imprisonment occurs when a merchant detains someone without their consent

Indicate whether the statement is true or false

Business