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Test your basic knowledge |
Day Trading
Start Test
Study First
Subjects
:
industries
,
business-skills
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. Is the ability to buy or sell in large quantities without changing the price
CME
Strong form
liquidity
ForEx
2. Prices include all public info
Arbitrage
Only 1 day everything is sold at the end of the day.
semi-strong form
Capital
3. Prices reflect historical information
weak-form
liquidity
ForEx
Arbitrage
4. The amount of time a Day trader holds his securities.
Arbitrage
CME
Only 1 day everything is sold at the end of the day.
Volatility
5. Wealth in the form of money or property owned by a person or business and human resources of economic value
Capital
Commodities
Derivatives
liquidity
6. .0001
Capital
Pips
CME
Strong form
7. The nearly simultaneous purchase and sale of an asset in order to profit from price discrepancies.
Day Trader
Commodities
Arbitrage
points
8. 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
semi-strong form
Day Trader
Capital
Risk-Return trade off
9. Smallest trading amount
Days to weeks
liquidity
ForEx
Ticks
10. Basic interchangeable goods sold in bulk and used to make other goods - ie gold - oil - or lumber
Derivatives
points
Commodities
Failing to plan is...
11. The more you risk the more you can gain - thus the greater amount of possible loss.
Risk-Return trade off
Pips
Strong form
Capital
12. Everything including inside information is represented in the price
Derivatives
Strong form
Days to weeks
teenies
13. How long do swing traders hold positions?
ForEx
Days to weeks
semi-strong form
Strong form
14. The Trend is your ________ - those who fight the market lose.
Pips
Friend
ForEx
teenies
15. A certificate documenting the shareholder's ownership in the corporation
liquidity
Risk-Return trade off
teenies
Stock
16. .01
points
Investor
Only 1 day everything is sold at the end of the day.
NYSE
17. Prices include all public info
semi-strong form
ForEx
teenies
points
18. Chicago Mercantile Exchange
Pips
teenies
CME
Arbitrage
19. 1/8 of a dollar
weak-form
teenies
Investor
Volatility
20. 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.
Derivatives
Strong form
Days to weeks
Capital
21. .0001
Friend
points
Pips
Only 1 day everything is sold at the end of the day.
22. Is the ability to buy or sell in large quantities without changing the price
liquidity
Days to weeks
semi-strong form
Volatility
23. 1/8 of a dollar
Failing to plan is...
teenies
Volatility
weak-form
24. The Trend is your ________ - those who fight the market lose.
NYSE
teenies
semi-strong form
Friend
25. New York Stock Exchange
semi-strong form
ForEx
NYSE
weak-form
26. Everything including inside information is represented in the price
Stock
Strong form
CME
Only 1 day everything is sold at the end of the day.
27. How long do swing traders hold positions?
Days to weeks
Failing to plan is...
Ticks
Volatility
28. 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
ForEx
points
Day Trader
Ticks
29. Chicago Mercantile Exchange
Day Trader
Risk-Return trade off
ForEx
CME
30. The nearly simultaneous purchase and sale of an asset in order to profit from price discrepancies.
Volatility
Arbitrage
CME
semi-strong form
31. Someone who commits capital in order to gain financial returns
Failing to plan is...
Investor
Failing to plan is...
Risk-Return trade off
32. Planning to Fail
ForEx
liquidity
Failing to plan is...
Volatility
33. Someone who commits capital in order to gain financial returns
Only 1 day everything is sold at the end of the day.
Investor
semi-strong form
Capital
34. Prices reflect historical information
Risk-Return trade off
ForEx
semi-strong form
weak-form
35. Foriegn Exchange - more active in the afternoon
Pips
Days to weeks
ForEx
liquidity
36. The more you risk the more you can gain - thus the greater amount of possible loss.
points
Risk-Return trade off
Strong form
Volatility
37. Foriegn Exchange - more active in the afternoon
Investor
ForEx
Pips
weak-form
38. A statistical measure of the dispersion of returns for a given security or market index
Pips
Investor
Volatility
Capital
39. Planning to Fail
Pips
NYSE
NYSE
Failing to plan is...
40. New York Stock Exchange
Day Trader
Commodities
points
NYSE
41. A statistical measure of the dispersion of returns for a given security or market index
CME
Volatility
Failing to plan is...
Strong form
42. 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.
semi-strong form
Derivatives
Stock
Investor
43. Smallest trading amount
Friend
Day Trader
Ticks
Commodities
44. A certificate documenting the shareholder's ownership in the corporation
teenies
Stock
Friend
Capital
45. Wealth in the form of money or property owned by a person or business and human resources of economic value
liquidity
Pips
weak-form
Capital
46. The amount of time a Day trader holds his securities.
Failing to plan is...
Strong form
Only 1 day everything is sold at the end of the day.
liquidity
47. .01
points
Volatility
Arbitrage
teenies
48. Basic interchangeable goods sold in bulk and used to make other goods - ie gold - oil - or lumber
weak-form
Commodities
Risk-Return trade off
ForEx