TRADING TERMS
PROBABILITY & STATISTICS
"O" CANADA
WORLD CONQUERORS
NURSERY RHYMES
100

This term describes buying and selling a security within the same trading day, never holding overnight.

What is day trading?

100

This measure is calculated by adding all values and dividing by the count.

What is the mean (average)?

100

This is Canada's most populous province, home to Toronto and the nation's capital.

What is Ontario?

100

This famous Macedonian King's conquest led to the spreading of "Hellenistic civilisation."

Who is Alexander the Great?

100

This Rhyme, featuring runaway dishware, popularised the phrase "over the moon." 

What is "Hey Diddle Diddle"?

200

This order type guarantees execution but not price.

What is a market order?

200

Flipping a fair coin twice, this is the probability of getting heads both times.

What is 1/4 (25%)?

200

This is the title of Canada's national anthem, sung across the country before hockey games.

What is "O Canada"?

200

Before uniting his clans, this 13th century warrior was know as Temujin.

Who is Genghis Khan?

200

Historians commonly link this rhyme to outbreaks of plague as everyone falls "down", though most folklorists now dispute that origin.

What is "Ring Around the Rosie"?

300

This term describes the gap between the bid price and the ask price.

What is the spread?

300

This statistical measure describes how spread out numbers are from the mean.

What is standard deviation?

300

This apex predator is commonly spotted off the coast of British Columbia.

What is the orca?

300

This general and statesman from Carthage gave Rome a run for its money and is famed for having war elephants in his army.

Who is Hannibal?

300

This Grand Old Duke marched his men up to the top of the hill, then did this.

What is march them down again?

400

Traders use this term for a stock that's easy to buy or sell quickly without moving its price much.

What is liquidity?

400

In a normal distribution, roughly, this percentage of values falls within one standard deviation of the mean.

What is 68%?

400

Established in 1967, this is Canada's highest civilian honor for outstanding achievement and service to the country.

What is the Order of Canada?

400

Grandson of Genghis Khan, his conquest of China led to the establishment of the Yuan Dynasty.

Who is Kublai Khan?

400

This rhyme's title mouse runs up a clock to mark the hour, in a verse originally used as a children's counting game.

What is "Hickory Dickory Dock"?

500

This regulatory rule requires traders with less than $25,000 in their account to be flagged if they make 4+ day trades within 5 business days.

What is the Pattern Day Trader (PDT) rule?

500

his term describes the probability of event B occurring given that event A has already occurred.

What is conditional probability?

500

This Edmonton NHL franchise, home to Wayne Gretzky, shares its name with a common Albertan resource.

What is the Oilers?

500

This middle-eastern conqueror was known for being undefeated in battle and for having the moniker "the lame."

Who is Tamerlane/Timur?

500

Little Jack Horner decrees, "What a good boy am I!" after retrieving this fruit from his Christmas pie.

What is a plum?

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