Come Into My Trading Room
A Complete Guide to Trading, Study Guide
Chapter One
FINANCIAL TRADING FOR
BABES IN THE WOODS
Trading is serious business, no less so than building a house or teaching
calculus. Being smart and having good ideas is not enough for winning.
You must understand the mechanics of the markets and the
essential principles of analysis and risk control.
You need to learn the key facts and rules before entering your first
trade. The first chapter of the Study Guide tests your knowledge of some
of those concepts. Answer these eight questions and write down your
answers. Go to the Answers section, check your responses, and then
enter your grade for each answer in the first column of the spreadsheet.
There are five columns to enable you to return at a later date, retake the
test, compare your results, and measure your progress.
Question 1-Decision Making
Match the statements on the decision-making process with the type
of trader.
1. A person hears a tip at a party and buys that stock in the morning.
2. A person hears a tip at a party and spends the next morning researching
that stock and the industry group.
3. A person hears sev ... read full excerpt from Come Into My Trading Room: A Complete Guide to Trading , Study Guide ebook
