Australian (ASX) Stock Market Forum

Take the Day Trader's Aptitude Test!

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[font=Verdana, Arial, Helvetica, sans-serif]The Day Trader's Aptitude Test!*[/font]

[font=Verdana, Arial, Helvetica, sans-serif]1. When I want investment advice, I get it from:
a) The Stock Market Guide to Profitable Investments
b) The Wall Street Journal
c) Complete strangers I run into at the video store.
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]2. When I wake up in the morning, I:
a) Shower
b) Get dressed.
c) Lift my head off the keyboard and start shorting drug stocks.
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]3. In order to trade stocks intelligently, one must have a:
a) BA
b) MBA
c) Mouse
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]4. The last book I read was:
a) Madame Bovary.
b) The Stock Market Guide to Profitable Investments
c) Windows 2000 for Dummies.
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]5. I go to the doctor:
a) Once a year.
b) Once every two years.
c) When I put my fist through the screen.
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]6. "Cisco" is a company that manufactures:
a) Paper
b) Cowboys
c) I have no idea, but I just bought two hundred shares.
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]7. When I am in a bar and meet a beautiful woman/man who seems to be attracted to me, the first thing I look at is:
a) Her/his face.
b) Her/his body.
c) Bloomberg
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]8. "Beating the spread" refers to:
a) The way whipped cream cheese is made.
b) The way Honduran peasant women clean their bed coverings.
c) Don't know/care.
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]9. "P/E ratio" means:
a) Something to do with, like, stocks and junk like that.
b) The number of times per hour that a day trader has to use the bathroom.
c) Like I care?
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]10. A "tick" is:
a) A nervous syndrome common to day traders.
b) Something that often lives in a day trader's hair.
c) These questions are really starting to make me mad, dude!
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]
If you answered (c) to any of the above questions...
Congratulations!
You do have what it takes to succeed in the fast-paced, action-packed world of the day traders!
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]*Source http://www.greekshares.com/aptitude.asp

[/font]
 
positivecashflow said:
[font=Verdana, Arial, Helvetica, sans-serif]The Day Trader's Aptitude Test!*[/font]

[font=Verdana, Arial, Helvetica, sans-serif]1. When I want investment advice, I get it from:
a) The Stock Market Guide to Profitable Investments
b) The Wall Street Journal
c) Complete strangers I run into at the video store.
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]2. When I wake up in the morning, I:
a) Shower
b) Get dressed.
c) Lift my head off the keyboard and start shorting drug stocks.
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]3. In order to trade stocks intelligently, one must have a:
a) BA
b) MBA
c) Mouse
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]4. The last book I read was:
a) Madame Bovary.
b) The Stock Market Guide to Profitable Investments
c) Windows 2000 for Dummies.
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]5. I go to the doctor:
a) Once a year.
b) Once every two years.
c) When I put my fist through the screen.
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]6. "Cisco" is a company that manufactures:
a) Paper
b) Cowboys
c) I have no idea, but I just bought two hundred shares.
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]7. When I am in a bar and meet a beautiful woman/man who seems to be attracted to me, the first thing I look at is:
a) Her/his face.
b) Her/his body.
c) Bloomberg
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]8. "Beating the spread" refers to:
a) The way whipped cream cheese is made.
b) The way Honduran peasant women clean their bed coverings.
c) Don't know/care.
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]9. "P/E ratio" means:
a) Something to do with, like, stocks and junk like that.
b) The number of times per hour that a day trader has to use the bathroom.
c) Like I care?
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]10. A "tick" is:
a) A nervous syndrome common to day traders.
b) Something that often lives in a day trader's hair.
c) These questions are really starting to make me mad, dude!
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]
If you answered (c) to any of the above questions...
Congratulations!
You do have what it takes to succeed in the fast-paced, action-packed world of the day traders!
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]*Source http://www.greekshares.com/aptitude.asp

[/font]

Very good!!!!
Not only that, but I passed with flying colours!!!! LOL
 
Boy you guys must be geniuses.. :screwy:
I haven`t gotten one right!!!!!
My whole world is fallin a part!!!! :bricks1:
 
How long do we get to take the test, I think I might need extra time as I not sure about question 1, maybe I will wait for a consensus of opinion first before answering. I am leaning towards "c" though.
 
brerwallabi said:
How long do we get to take the test, I think I might need extra time as I not sure about question 1, maybe I will wait for a consensus of opinion first before answering. I am leaning towards "c" though.

You've got talent. You could become a politician... :D

Unless you're one already... :cautious:
 
The original version of that test actually comes from a book called "The Trillionaire Next Door" which , for a full time trader , is probably one of the funniest things you'll ever read. Highly recommended if you can find it used.

Ed.
 
positivecashflow said:
[font=Verdana, Arial, Helvetica, sans-serif]The Day Trader's Aptitude Test!*

[font=Verdana, Arial, Helvetica, sans-serif]1. When I want investment advice, I get it from:
a) The Stock Market Guide to Profitable Investments
b) The Wall Street Journal
c) Complete strangers I run into at the video store.
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]2. When I wake up in the morning, I:
a) Shower
b) Get dressed.
c) Lift my head off the keyboard and start shorting drug stocks.
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]3. In order to trade stocks intelligently, one must have a:
a) BA
b) MBA
c) Mouse
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]4. The last book I read was:
a) Madame Bovary.
b) The Stock Market Guide to Profitable Investments
c) Windows 2000 for Dummies.
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]5. I go to the doctor:
a) Once a year.
b) Once every two years.
c) When I put my fist through the screen.
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]6. "Cisco" is a company that manufactures:
a) Paper
b) Cowboys
c) I have no idea, but I just bought two hundred shares.
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]7. When I am in a bar and meet a beautiful woman/man who seems to be attracted to me, the first thing I look at is:
a) Her/his face.
b) Her/his body.
c) Bloomberg
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]8. "Beating the spread" refers to:
a) The way whipped cream cheese is made.
b) The way Honduran peasant women clean their bed coverings.
c) Don't know/care.
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]9. "P/E ratio" means:
a) Something to do with, like, stocks and junk like that.
b) The number of times per hour that a day trader has to use the bathroom.
c) Like I care?
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]10. A "tick" is:
a) A nervous syndrome common to day traders.
b) Something that often lives in a day trader's hair.
c) These questions are really starting to make me mad, dude!
[/font]

[font=Verdana, Arial, Helvetica, sans-serif]
If you answered (c) to any of the above questions...
Congratulations!
You do have what it takes to succeed in the fast-paced, action-packed world of the day traders!
[/font][/font]

Before I start the test:
How much time do I have?
What if I make a wrong answer, how do I correct it?
Can I use red pen?
If I don't like any of the answers, can I put my own in?
What outcomes are being measured?
Where are the cognitive and behavioural objectives for this test?
We weren't given two weeks notice in writing, so I assume it's a quiz, not an assessment event?

PS: I think I still got them all correct! :D
 
Nice one Pos, I bet all the funnymentlists will now be laughing even louder at all us short term traders.
 
Fantastic! Best test I have ever done.

I am glad I found this site! I will have to look to see if I can get the book it came from!
 
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