1. Question: Which of the following is a way for a trader to track their progress towards their goals?

    A
    Just keeping it in the back of their minds

    B
    Changing their goals to what they have already achieved

    C
    Creating reports and charts which map their progress alongside with the goal

    D
    Not bothering about setting goals

    Note: Answer not sure
    1. Report
  2. Question: What is meant by a "day order"?

    A
    Buying and selling stock on the same day

    B
    Contract for the stock symbol "DAY"

    C
    An order which is only good for the current day, and expires if not executed at the end of the day

    D
    An order that is open indefinitely

    Note: Answer not sure
    1. Report
  3. Question: Why is it important for an investor to know their risk tolerance level before trading stocks and investing in general?

    A
    Because it is required by law

    B
    Because it helps in tax planning

    C
    Because it helps them decide which industry to invest in

    D
    Because they can then match their risk tolerance level to the types of stocks they are purchasing

    Note: Answer not sure
    1. Report
  4. Question: What is meant by "diversification"?

    A
    Buying as much of one stock as possible

    B
    Buying only speculative stocks

    C
    Purchasing stocks from varying industries to reduce overall risk

    D
    Purchasing options contracts

    Note: Answer not sure
    1. Report
  5. Question: Which of the following is an assumption made by a technical analyst?

    A
    The stock price does not reflect market information currently.

    B
    No one else has recognized the stock as a good investment.

    C
    All stocks will increase in the long run.

    D
    The stock price already reflects all news and news events and they do not impact a stock's price.

    Note: Answer not sure
    1. Report
  6. Question: What is the purpose of setting trading goals?

    A
    To meet the requirements set by the SEC

    B
    To minimize taxes

    C
    To have a measurable and achievable target

    D
    To guarantee success

    Note: Answer not sure
    1. Report
  7. Question: What is the term used for selling a stock without owning the stock?

    A
    Short Selling

    B
    Margin Selling

    C
    Fundamental Selling

    D
    Technical Selling

    Note: Answer not sure
    1. Report
  8. Question: Why do goals have to be specific?

    A
    In order to tell others

    B
    In order to be achievable and measurable

    C
    In order to get something done

    D
    In order to be able to change them

    Note: Answer not sure
    1. Report
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