Pattern day trader - Study guides, Class notes & Summaries

CMT level 3 | updated questions and answers A strong open followed by strong close will allow trader to do what? - Buy on a pullback after next open. A weak close after strong open will allow trader to do what? - Sell short near following open Highs and lows occur where during the day? - Most often at the open Large opening gaps imply what about the day? - Greater volatility Pivot point calculation - P = (H+L+C)/3 R1 = 2P-L S1 = 2P-H R2 = (P-S1)+R1 S2 = P-(R1-S1) Weaknesses...

A strong open followed by strong close will allow trader to do what? - Answer Buy on a pullback after next open. A weak close after strong open will allow trader to do what? - Answer Sell short near following open Highs and lows occur where during the day? - Answer Most often at the open Large opening gaps imply what about the day? - Answer Greater volatility Pivot point calculation - Answer P = (H+L+C)/3 R1 = 2P-L S1 = 2P-H R2 = (P-S1)+R1 S2 = P-(R1-S1) Weaknesses of Candlest...

A strong open followed by strong close will allow trader to do what? - Answer- Buy on a pullback after next open. A weak close after strong open will allow trader to do what? - Answer- Sell short near following open Highs and lows occur where during the day? - Answer- Most often at the open Large opening gaps imply what about the day? - Answer- Greater volatility Pivot point calculation - Answer- P = (H+L+C)/3 R1 = 2P-L S1 = 2P-H R2 = (P-S1)+R1 S2 = P-(R1-S1) Weaknesses of Can...

Under Code of Procedure, prehearing conference must be held within how many days of receipt of the respondent's answer to the complaint? correct answers 21 Under the Code of Arbitration, a respondent must answer within how many days after receiving a statement of claim? correct answers 45 If not appealed to the NAC, Department of Enforcement findings under the Code of Procedure, other than barring/expulsion, become effective.. correct answers no earlier than 30 days from the date of the d...

CMT level 3 A strong open followed by strong close will allow trader to do what? ANSWER- Buy on a pullback after next open. A weak close after strong open will allow trader to do what? ANSWER- Sell short near following open Highs and lows occur where during the day? ANSWER- Most often at the open Large opening gaps imply what about the day? ANSWER- Greater volatility Weaknesses of Candlestick charting ANSWER- 1. Majority of patterns are reversal patterns and require a trade agai...

CMT level 3 Exam With Questions & Veried Answers Latest 2023/2024 Update Already Graded A A strong open followed by strong close will allow trader to do what? - ANSWER>>Buy on a pullback after next open. A weak close after strong open will allow trader to do what? - ANSWER>>Sell short near following open Highs and lows occur where during the day? - ANSWER>>Most often at the open Large opening gaps imply what about the day? - ANSWER>>Greater volatility Pivot point cal...

Calculating Buying Power (Margin Account) Buying Power is 2x SMA. A pattern day trader is 4x min maintenance. Securities exempt from Regulation T margin requirements USTs/Notes/Bonds Munis Government Agencies List of Qualified Retirement Plans IRA's (tax deductible, gains tax deferred until withdrawn) Roth IRA (non-tax deductible, after-tax income) Keogh Plan (self-employed) Tax-Sheltered Annuities (for public sector only) Defined Benefit Plans (benefits employees closer to retireme...

FNCE 401 Final Exam All Possible Questions and Answers 2024/2025 Fully Solved 100%;Athabasca University FNCE 401 Final Exam All Possible Questions and Answers 2024/2025 Fully Solved 100% Part I – Multiple Choice Questions: (25 × 2 = 50 marks) 1. Corporate shareholders are best protected from incompetent management decisions by a. the ability to engage in proxy fights. b. management's control of pecuniary rewards. c. the ability to call shareholder meetings. d. the threat...

1 - Define what is meant by a trend in technical analysis. - Answer Uptrend = price reaches higher peaks and troughs; downtrend = prices reach lower peaks and troughs; flat trend = price within a range without significant downward movement. 1 - Explain why determining the trend is important to analysts. - Answer Determining a trend early, at the beginning of an up/downtrend enables the trader to profit more. The goal of the trader is to ride the trend until it reaches its end. 1 - Identify...

Contrast historical and implied volatility when used in price analysis and forecasting - Answer Implied volatility is the expected price movement of the underlying stock - Historical Volatility is simply the historical volatility.. List the inputs to an option pricing model - Answer - Call/Put - Underlying Price - Strike Price - Implied Volatility - Days to Expiration - Interest rate - Dividends Calculated single-day implied volatility - Answer 1 Day Movement = Implied Volatility/Sq...