Homework #10 HOMEWORK ALERT – Complete your homework before starting Class 11 Welcome to your ACTIVE - DTC: #10 Quiz Name Email 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? Sell ½ immediately to book some profit Double to the position because this could indicate a potential squeeze Set setup just below the 300k bid Sell the entire position 2. If there is a 300k bidder, what could that mean? A short seller trying to unwind a large position A long biased trader putting out orders to manipulate the market A long biased trader trying to accumulate a large position It could be any of the above 3. If you are in a long position at 2.40 and you see a 88k seller at 2.48, what do you do? Sell immediately Set stop at breakeven and hold until something happens Double position for breakout Sell ½ the position and set stop at breakeven 4. What type of level 2 is typical of a low float stock? Big Spreads Very few market makers at each price Small orders of buyers/sellers on Bid/Ask All of the Above 5. What is the most important hot key? Cancel Orders Bail out Buy +2500 shares Sell ½ position 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? Trader A is right, Trader B is wrong Trader B is right, Trader A is wrong Trader A and B are both right Trader A and B are both wrong 7. At what price do you see resistance on the Level 2 in the form of a large seller on the stock SFUN? https://media.warriortrading.com/2018/11/Level-2-Quiz-Big-Seller-549-53k-shares.mp4 5.48 5.49 5.50 5.51 8. At what price do you see resistance on the Level 2 in the form of a large seller on the stock CARV?https://media.warriortrading.com/2018/11/Level-2-Quiz-25k-Seller-at-1180-on-CARV.mp4 11.50 11.75 11.80 11.90 9. At what price do you see resistance on the Level 2 in the form of a large seller on the stock ADOM?https://media.warriortrading.com/2018/11/level-2-quiz-ADOM-Big-Seller-180.mp4 1.77 1.78 1.79 1.80 10. What is about to happen in the following example?https://media.warriortrading.com/2018/11/WMLP-Halting.mp4 The stock is about to squeeze up even more The stock is about to get halted on a Circuit Breaker for moving more than 10% in under 5min The stock is about to get halted pending news The stock is about to get halted pending investigation 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?https://media.warriortrading.com/2018/11/WLMP-Resumption-from-Halt.mp4 The high before the halt if it opens lower Half dollars or whole dollars If it dips, buy as it starts to surge back up All of the above 12. Why did the stock not get halted at 3.10?https://media.warriortrading.com/2018/11/WLMP-Resumption-from-Halt.mp4 Because it wasn't up more than 10% Because even though it was up there were sellers taking profit Stocks must stay outside volatility bands for 10 seconds, and in this case, the price dropped back within the bands and the stock resumed trading. The stock had already halted once, and they can't halt 2x in a row. 13. At what price do you see a large seller?https://media.warriortrading.com/2018/11/AVGR-bigseller.mp4 1.98 1.99 2.00 2.01 14. What is about to happen in this example?https://media.warriortrading.com/2018/11/CHCI-halting.mp4 The stock is about to be delisted The stock is about to halted on a T12 Halt The stock is about to be halted on a Circuit Breaker for spiking up more than 10% in less than 5min None of the above 15. What is about to happen in this example?https://media.warriortrading.com/2018/11/CHCI-Halt-Resmption.mp4 The stock is about to resume from being halted The stock is about to resume from being halted and could potentially keep squeezing The stock is about to resume from being halted on a 5min circuit breaker halt and will likely open higher and then may continue All of the above 16. What does the buyer at 7.60 represent on JILL Possible short seller who is trying to cover Posisble big buyer trying to get in the stock Possible trader spoofing a large position to show support, only so he can unload a position when buyrs come in. All of the above. 17. Generally, is smart routing better than direct routing? Yes No 18. How can you practice hotkeys without risking real money? Turn off your laptop and press buttons, practice muscle memory. Trade in the simulator. All of the above. 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? Yes No 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? Buyers are coming in and a breakout is likely Buyers are coming in but a false breakout is likely The stock is too weak. All of the above.