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Day Trading MCQs

Why is it important for a day trader to have a methodology to adhere to?

Because it is required to by law

Because it reduces their tax obligations

Because the brokerage will ask from time to time what their strategy is

In order to consistently pick stocks which fit their portfolio without getting distracted by other opportunities

Answer

Correct Answer: In order to consistently pick stocks which fit their portfolio without getting distracted by other opportunities

Explanation:

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