Question 63—Trade Duration
The outcome of a trade depends in part on the duration of that trade. Find the incorrect statement about the impact of trade duration:
1. Longer-term trades give you the luxury of time to think and make decisions.
2. If a day-trader stops to think, he loses.
3. The more time a stock has, the farther it can move.
4. Long-term position trades provide the best learning experience.
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