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Day Trading MCQs

What requirements do brokerages have for day traders?

No requirements are there.

Minimum deposits must be at least $1,000.

They must come into the office and sign an agreement.

Brokerages must ask traders if they understand the risky style of trading and that there is a possibility of losing their investment capital.

Answer

Correct Answer: Brokerages must ask traders if they understand the risky style of trading and that there is a possibility of losing their investment capital.

Explanation:

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