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Day Trading MCQs

On which of the following counts are the legal requirements on day traders criticized?

Traders will often enter transactions overnight in order to avoid the classification, exposing themselves to more risk and potential loss than if they were allowed to trade as they know best.

No one can afford a $25,000 margin account.

It makes day trading non accessible to inexperienced people.

The government should not meddle in the public's well being.

Answer

Correct Answer: Traders will often enter transactions overnight in order to avoid the classification, exposing themselves to more risk and potential loss than if they were allowed to trade as they know best.

Explanation:

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