Course Quiz

First Name: *

Last Name: *

Email: *

Phone: *

1. What’s another term used to describe the BID ?: *

a. Bears

b. Buyers

c. Sellers

d. Short

2. Why do we call Brokerage Firms: Market Makers?: *

a. Because they have stockbrokers that work for them

b. They are made up of specialist

c. They’re also known as dealers

d. They make continuous recommendations from their analysts

3. How do Online Brokerage Firms make most of their money on your order?: *

a. Brokerage Commissions

b. Working the Spreads

c. ECNs

d. Margin Fees

4. What do we see in Level II that we don’t see in Level I?: *

a. Tier size

b. Spreads

c. Tick arrow

d. Last sale

5. How do we identify a Market Maker on level II?: *

a. Rank

b. ECN

c. MMID

d. Pricing

6. If a Market Maker is showing a Tier size of 67 on level II, how many shares of stock is he looking to buy?: *

a. 670

b. 67

c. 67000

d. 6700

7. What do ECNs allow you to do? (Why would you use them)?: *

a. To see level II Quotes

b. To become a market maker

c. Force stock to other traders and market makers

d. Preferencing other Marker Makers

8. Which one is not an ECN?: *

a. BTRD

b. ISLD

c. NITE

d. ARCA

Use the Photo to help you answer Questions 9 to 14

9. What brokerage firm is ranked #2?: *

10. What does it mean when a brokerage firm is not ranked?: *

11. Who is PIPR?: *

12. Why is it so important to follow the dominating Brokerage firm in this Stock?: *

13. Who is the Ax in this stock?: *

14. Who is the more dominate Market Maker in this stock, Goldman Sachs or Merrill Lynch and why?: *

15. What does the time and sales window tell you?: *

16. How would time and sales help in your every day trading?: *

17. What are the hardest times of the day to trade?: *

18. Why is it so important to trade in the Morning?: *

Use the Photo to help you answer Question 19

19. If you were looking to buy this stock and it is trading at 6.25 at what price would this stock hit the next Support Level?: *

Use the Photo to help you answer Question 20

20. If we owned this stock at 3 ½, what would the next 2 Resistance Level be?: *

Use the Photo to help you answer Question 21

21. If you saw this stock at 53 (right now) and it was going down, at what price would you be focused on buying it?: *

Please enter any additional questions you might have for us:

Use the Photo to help you answer Questions 9 to 14

Use the Photo to help you answer Question 19

Use the Photo to help you answer Question 20

Use the Photo to help you answer Question 21

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