HOMEWORK ALERT – Complete your homework before starting Class 11

Welcome to your ACTIVE - DTC: #10 Quiz

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1. If you are holding 3k shares at 6.20, and you suddenly see a big bid of 300k shares pop up at 6.40, what do you do?
2. If there is a 300k bidder, what could that mean?
3. If you are in a long position at 2.40 and you see a 88k seller at 2.48, what do you do?
4. What type of level 2 is typical of a low float stock?
5. What is the most important hot key?
6. Trader A says you can collect an ECN Rebate anytime you sell on the ask, Trader B says you can collect an ECN rebate anytime you send an order and select no-reroute.  Who is right?
7. At what price do you see resistance on the Level 2 in the form of a large seller on the stock SFUN?

8. At what price do you see resistance on the Level 2 in the form of a large seller on the stock CARV?

9. At what price do you see resistance on the Level 2 in the form of a large seller on the stock ADOM?

10. What is about to happen in the following example?
11. This stock is currently halted on a Circuit Breaker at 2.09 after squeezing up more than 10% in under 5min.  What price is a possible entry?
12. Why did the stock not get halted at 3.10?
13. At what price do you see a large seller?
14. What is about to happen in this example?

15. What is about to happen in this example?

16. What does the buyer at 7.60 represent on JILL

17. Generally, is smart routing better than direct routing?
18. How can you practice hotkeys without risking real money?
19. If you see a seller at 8.80 on ARCA do you need to route your order through ARCA to buy his or her shares?
20. If there is a 25k seller at the apex point of a bull flag, and you see it getting bought up and it goes to 20k, 15k, 10k, 5k, etc what does that tell you?