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Day Trading

Instructions:
  • Answer 48 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. .0001






2. Chicago Mercantile Exchange






3. Basic interchangeable goods sold in bulk and used to make other goods - ie gold - oil - or lumber






4. The Trend is your ________ - those who fight the market lose.






5. Is the ability to buy or sell in large quantities without changing the price






6. How long do swing traders hold positions?






7. A certificate documenting the shareholder's ownership in the corporation






8. Is the ability to buy or sell in large quantities without changing the price






9. Someone who commits capital in order to gain financial returns






10. The amount of time a Day trader holds his securities.






11. The nearly simultaneous purchase and sale of an asset in order to profit from price discrepancies.






12. Prices reflect historical information






13. .01






14. Prices include all public info






15. Planning to Fail






16. The nearly simultaneous purchase and sale of an asset in order to profit from price discrepancies.






17. Wealth in the form of money or property owned by a person or business and human resources of economic value






18. Chicago Mercantile Exchange






19. Everything including inside information is represented in the price






20. How long do swing traders hold positions?






21. The more you risk the more you can gain - thus the greater amount of possible loss.






22. Basic interchangeable goods sold in bulk and used to make other goods - ie gold - oil - or lumber






23. .0001






24. Smallest trading amount






25. Complex financial contracts used to hedge against risks. Credit default swaps - or contracts that allow investors to make bets on the likelihood a company will be unable to pay its debts - are a form of derivatives.






26. New York Stock Exchange






27. New York Stock Exchange






28. Someone who commits capital in order to gain financial returns






29. Everything including inside information is represented in the price






30. The more you risk the more you can gain - thus the greater amount of possible loss.






31. Foriegn Exchange - more active in the afternoon






32. Smallest trading amount






33. A trader who tries to profit from short-term price movements during trading hours in any day - but offsets the initial position before market closing so that no position remains outstanding overnight






34. Wealth in the form of money or property owned by a person or business and human resources of economic value






35. Prices include all public info






36. .01






37. 1/8 of a dollar






38. Complex financial contracts used to hedge against risks. Credit default swaps - or contracts that allow investors to make bets on the likelihood a company will be unable to pay its debts - are a form of derivatives.






39. A certificate documenting the shareholder's ownership in the corporation






40. A statistical measure of the dispersion of returns for a given security or market index






41. Planning to Fail






42. The Trend is your ________ - those who fight the market lose.






43. Prices reflect historical information






44. The amount of time a Day trader holds his securities.






45. Foriegn Exchange - more active in the afternoon






46. 1/8 of a dollar






47. A trader who tries to profit from short-term price movements during trading hours in any day - but offsets the initial position before market closing so that no position remains outstanding overnight






48. A statistical measure of the dispersion of returns for a given security or market index






Can you answer 50 questions in 15 minutes?



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