Traditional asset allocation is a passive investment strategy that involves a fixed mix of assets based on the investor's risk tolerance and long-term goals. Dynamic Asset Allocation, on the other hand, is an active investment strategy that involves regularly adjusting the mix of assets based on market conditions and the investor's goals.

Dynamic Asset Allocation can be used by investors of all experience levels, but it does require a certain level of knowledge and understanding of market conditions. Some investors may choose to work with a financial advisor or portfolio manager to implement a dynamic asset allocation strategy.

Dynamic Asset Allocation can be used for all or part of a portfolio. Some investors may choose to use it for a portion of their portfolio that is allocated for higher-risk, higher-return investments.

The frequency of adjustments to a portfolio using Dynamic Asset Allocation will depend on the individual investor and market conditions. Typically, portfolio adjustments are made on a regular basis, such as quarterly or semi-annually, with more frequent monitoring and adjustments during periods of high market volatility.