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






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






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






4. Everything including inside information is represented in the price






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






6. .01






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






8. Foriegn Exchange - more active in the afternoon






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






10. Planning to Fail






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






12. Everything including inside information is represented in the price






13. New York Stock Exchange






14. Prices reflect historical information






15. 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.






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






17. Smallest trading amount






18. How long do swing traders hold positions?






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






20. 1/8 of a dollar






21. 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.






22. Chicago Mercantile Exchange






23. How long do swing traders hold positions?






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






25. 1/8 of a dollar






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






27. .01






28. Prices include all public info






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






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






31. 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






32. .0001






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






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






35. .0001






36. Planning to Fail






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






38. 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






39. New York Stock Exchange






40. Smallest trading amount






41. Prices reflect historical information






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






43. Chicago Mercantile Exchange






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






45. Prices include all public info






46. Foriegn Exchange - more active in the afternoon






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






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