(1) If I think Coffee prices are going up, the thing I would do is:
•(a) Go to the local store and purchase •(b) Buy all I could, the only
question is where (maybe a futures contract) •(c) Buy options and
futures contracts in specific combination •(d) Rent a truck and load it
up right now.
(2) Interst rates are going up I will:
•(a) I would do nothing •(b) Look for better savings •(c) Sell bonds •
(d) Refinance my house
(3) A rise in US interest rates will:
•(a) Not sure •(b) Hurt me financially •(c) Raise the value of the US
dollar •(d) Make Washington suffer
(4) An option purchase does what:
•(a) No idea •(b) Gives me limited risk with unlimited earning potential
•(c) Are best used when combined with other financial instruments •(d)
Options are for suckers
(5) Stocks and Commodity Brokers are:
•(a) Educators/Experts •(b) Good for giving advice •(c) To execute only
the transactions that I choose •(d) Best when cooked rare
(6) Price Trends are:
•(a) Price movements •(b) Useful for determining market direction •(c) A
technical indicator •(d) All the rage!
(7) The best way to make money is:
•(a) Work and save •(b) learn more methods of making money •(c) maximize
myself with combined advanced strategies •(d) check out Las Vegas
(8) Financial Newspapers are:
•(a) Probably useful •(b) Somewhat useful but hard to understand •(c)
Give me data for examination •(d) Boring
(9) The term Fundamental analysis refers to:
•(a) a way to examine something •(b) something to do with underlying
factors •(c) a way of deciding to buy or sell •(d) examining your morals
(10) A good way to make money is to:
•(a) visit this site once a month •(b) visit this site once a week •(c) come here everyday
•(d) go to Vocaltec2's home page
SCORING: For each answer above, give yourself:
a = 1 point
b = 2 points
c = 3 points
d = 0 points
SCORE GUIDE
(21-30) Advanced: You are someone with investment knowledge and may even
be a trading professional. You pay attention to risk and you appreciate
all the information you can get because you make money when you trade. You already know that you can succeed at trading and will continue to
educate yourself and make money.
(11-20) Trader: You have some knowledge about investing and are seeking
to learn more. You may or may not realize how great your financial
potential is at this point. You are at the crossroads and have the potential to be a great trader. It
all depends on the nest stop you decide to take.
(0-10) Danger Zone: Alert!! Alert!! Your financial condition is in serious danger. You may be destined to being permanently financially
disadvantaged. Your financial destiny
is in your hands and perhaps this is the turn of events that your have been needing (when the student is ready the teacher will appear).
How many did you get right?
E- mail me and tell me about it.
Leave your name, e mail address, age and I will tell you how you did in comparision with other people
mallard@aol.com
BACK TO: Mallard's Ode to the Market