Test your basic knowledge |

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. Prices include all public info






2. Prices include all public info






3. Prices reflect historical information






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






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






6. Planning to Fail






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






8. Prices reflect historical information






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






10. How long do swing traders hold positions?






11. 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






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






13. New York Stock Exchange






14. Foriegn Exchange - more active in the afternoon






15. 1/8 of a dollar






16. 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






17. 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.






18. .01






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






20. .0001






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






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






23. Chicago Mercantile Exchange






24. New York Stock Exchange






25. Foriegn Exchange - more active in the afternoon






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






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






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






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






30. Everything including inside information is represented in the price






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






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






33. 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.






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






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






36. How long do swing traders hold positions?






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






38. .0001






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






40. 1/8 of a dollar






41. Smallest trading amount






42. Chicago Mercantile Exchange






43. Smallest trading amount






44. Planning to Fail






45. .01






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






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






48. Everything including inside information is represented in the price