GRADING YOUR ANSWERS
If a question requires only one answer, you earn a point by answering it correctly. If a question requires several answers (for example, “Which two of the following four statements are correct?”), rate your answer proportionately. If you answer both correctly, give yourself a point, but if only one, then half a point.
28-33: Excellent. You have a good grasp of buying, managing money, and keeping records. Now is the time to turn your attention to selling.
21-27: Fairly good. Successful trading demands top performance. Look up the answers to the questions you’ve missed, review them, and retake the test in a few days before moving on to the next section.
Below 21: Alarm! Scoring below the top third may be acceptable in some professional fields, but it is deadly in trading. Professional traders are waiting for you in the markets, ready to take your money. Before you do battle with them, you must bring yourself up to speed. Please study the first section of Sell and Sell Short and then retake the test. If your grade remains low on the second pass, look up the books recommended in that section and study those as well.
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