facebook[Unlock Your Trading Knowledge with Webull] Quiz 3 - Seedly

Advertisement

Seedly

Edited 17 Jul 2023

General Investing

[Unlock Your Trading Knowledge with Webull] Quiz 3

Answer the questions below and stand a chance to win a Beats Studio Buds + worth $229!

Q1: You can trade US fractional shares on Webull for as low as?

  1. USD5
  2. SGD5
  3. USD10
  4. SGD10

Q2: What is an Option?

  1. When you own less than one whole share of a company.
  2. A group or basket of securities, derivatives, or other financial instruments that represents and measures the performance of a specific market, asset class, market sector, or investment strategy.
  3. A collective investment which pools money from a number of investors into a wide range of assets, and actively managed by professional fund managers.
  4. An agreement between two parties to facilitate a potential transaction on an underlying security at a preset price, referred to as the strike price, prior to or on the expiration date.

Q3: What are Options that allow trading of the option on the day of expiration until the market closes known as?

  1. A.M. Settled Index Options
  2. P.M. Settled Index Options
  3. Intraday Settled Index Options
  4. Extended-Hours Settled Index Options

Q4: Open-Ended Question -

What was the riskiest trading decision you have ever made?

The winner will be chosen based on:

i. highest number of correct answers on the multiple-choice questions; and

ii. most insightful and/or informative answer in the written format.

Good luck! ✨

For more info on the prizes and terms & conditions, visit here: https://bit.ly/3ru3z8b

This campaign is brought to you by Seedly and Webull. (https://seedly.sg/reviews/online-brokerages/web...)

Discussion (33)

What are your thoughts?

Learn how to style your text

  1. 1
  2. 4
  3. 2
  4. During a very uncertain time when the market was changing a lot, I saw a stock that had been going down for a while. Even though other traders and warnings told me it might not be a good idea, I thought the stock was actually undervalued and would suddenly go up. I ignored the possible risks and took a big chance. I invested a lot of my money in this stock, believing I could perfectly time the market and make a big profit when it went up quickly.But things didn't go as I hoped. Instead of going up, the stock kept going down, and I ended up losing money. I felt really desperate and held onto the investment, hoping it would somehow turn around magically. Unfortunately, the stock's decline continued, and I lost a lot of money, which had a big impact on my trading account. It was a tough lesson about the importance of being careful and not letting overconfidence guide my decisions in uncertain markets.

Q1: 1

Q2: 4

Q3: 2

Q4: The riskiest decision I have made was to start my investment journey during the COVID-19 pandemic. The stock market prices plunged back then, and many people around me panicked and sold their stock holdings. But I decided to take this opportunity to start investing. On hindsight, the COVID-19 pandemic was a great investing opportunity and all the risk I took back then was worth it.

  1. 1
  2. 4
  3. 2
  4. In a bold and audacious move, I made a risky trading decision that had my friends and fellow traders raising their eyebrows. With a surge of confidence, I invested a significant portion of my savings into an unfamiliar stock. The rollercoaster of emotions that followed matched the volatile nature of the market. I found myself eagerly tracking every market movement and news update, hoping for a positive outcome. Despite the uncertainty, luck was on my side, and the trade paid off handsomely, delivering impressive profits. Looking back, it was a lesson in embracing calculated risks and trusting my instincts, even when faced with skepticism. The experience served as a reminder that sometimes, fortune favors the bold in the unpredictable world of trading.

Q1. 1

Q2. 4

Q3. 2

Q4. In a daring moment, I decided to invest a significant portion of my savings into an obscure IPO that had caught my eye. Despite the skeptics and warnings from experienced traders, I was convinced that this was the golden ticket to financial success. The stock's wild ride mirrored my rollercoaster of emotions as I anxiously monitored every market move and news update. While the startup didn't become the unicorn I had envisioned, the experience taught me valuable lessons about the importance of thorough research, market understanding, and maintaining a level-headed approach. Now, whenever my friends playfully reminisce about that risky venture, I can't help but join in on the laughter, cherishing the unpredictable and thrilling journey of being a trader.

  1. 1
  2. 4
  3. 2
  4. When I was 20, in the thrilling world of trading, I found myself facing an opportu...

Write your thoughts

Advertisement