Question
What is the difference between trading and wealth management? A) The capital involved in trading is small and for wealth management, it involved bigger sums
What is the difference between trading and wealth management?
A) The capital involved in trading is small and for wealth management, it involved bigger sums and portfolios.
B) Trading is often automated using trading platforms and can be done by anyone, whereas wealth management is done through proprietary banks platforms and carried out by certified financial advisors.
C) Trading involves holding positions that are typically of a shorter duration than the positions put forward by wealth management.
D) Wealth management tends to be for the protection of capital and trading is for the appreciation of capital.
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