Which of the Following Statements Concerning Day Traders Are Correct

Multiple Choice

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