as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
why is day trading considered riskier than long-term trading?
user
in day trading, you're trying to predict the immediate fluctuations of an essentially random system.  in long-term investing, you're trying to assess the strength of a company over a period of time. you also have frequent opportunities to assess your position and either add to it or get out.
assistant