Day Trading, Finance And Accounting

Question: What type of trading style is short selling?
A
Growth

B
Conservative

C
Return based

D
Speculative

Note: Answer not sure
1. Report
Question: What is a speculative trader?
A
A trader who trades without the proper knowledge of the market

B
A trader who trades in volatile and higher risk stocks only

C
A trader who trades only in stocks listed on the OTCBB

D
A trader who does business in currency exchange transactions only

Note: Answer not sure
1. Report
Question: What view of the market does a short seller have?
A
Bearish

B
Bullish

C
Indifferent

D
It does not factor into short selling.

Note: Answer not sure
1. Report
Question: What is the purpose of sliding the stop loss upwards?
A
It allows for less taxes on additional profits.

B
It allows the trader to short sell the stock.

C
It is only for risky traders.

D
It allows the trader to lock in additional profits on a stock that is increasing in price.

Note: Answer not sure
1. Report
Question: How have some day traders avoided being classified as day traders under the legal definition?
A
By not alerting the broker

B
By holding at least 1 in 4 trades overnight

C
By setting up illegal brokerage houses

D
By telling the broker they have full time jobs apart from trading

Note: Answer not sure
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Question: Which of the following is an additional requirement of a day trader's account?
A
Deposits are restricted for two months.

B
Deposits cannot be withdrawn for two days.

C
They must make at least ten transactions a week or their account is closed.

D
The minimum trade commission is $10.

Note: Answer not sure
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Question: What is required of a brokerage when they spot a pattern day trader?
A
Automatically extend $25,000 in margin

B
Freeze the trader's account until the $25,000 margin requirement is met

C
Nothing; it is the trader's obligation to self regulate

D
Send a notice

Note: Answer not sure
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Question: What does a limit order do?
A
It limits other traders' ability to buy the same stock.

B
When the stock price hits a certain trigger point, a market order to sell or buy a stock becomes effective.

C
It limits your taxation.

D
It limits how many transactions you can make in a day.

Note: Answer not sure
1. Report
Question: Why would an investor have an exit before entry?
A
Because they do not know how to trade properly

B
Because they are trading on margin

C
Because they are short selling a stock

D
Because they are writing options contracts

Note: Answer not sure
1. Report
Question: Why are margin requirements often lower for spread traders?
A
Because they do not have to pay taxes

B
Because they often do not trade on margin

C
Because they trade outside of the government's jurisdiction

D
Because they have opposing positions, with offsetting risk

Note: Answer not sure
1. Report

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Question: What type of trading style is short selling?

Question: What is a speculative trader?

Question: What view of the market does a short seller have?

Question: What is the purpose of sliding the stop loss upwards?

Question: How have some day traders avoided being classified as day traders under the legal definition?

Question: Which of the following is an additional requirement of a day trader's account?

Question: What is required of a brokerage when they spot a pattern day trader?

Question: What does a limit order do?

Question: Why would an investor have an exit before entry?

Question: Why are margin requirements often lower for spread traders?