Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Using the same practice account as mentioned in the assignment, You are given $10,000 to invest. Rules: you cannot sell short, you cannot buy on

Using the same practice account as mentioned in the assignment, You are given $10,000 to invest. Rules: you cannot sell short, you cannot buy on margin. You CAN day trade or hold 100% of your portfolio in a single security. You can purchase US and Canadian stocks, ETFs and mutual funds. Minimum stock price is $1. There is no limit to the number of trades you can do; however commissions are $10/trade. Your account is denominated in Canadian Currency only. You will want to keep this in mind when trading US stocks. You can register immediately, and you can only trade until March 30th. Part One Due January 29th You must invest in a minimum of 5 different investments. Take a screen shot of your investments and submit to the dropbox by January 29th . (5 marks)

Part Two Investment Contest Continued You can trade as often as you like from your initial submission, however to earn maximum grades on the assignment you must trade at least weekly. Please see the attached Rubric for part two of the assignment. Note, in addition to the screen shots, and the summary details, you must complete the on line Investment Assignment Summary Details: Minimum 1000 words detailing why you initially chose your investments, including what research you conducted, and what influenced your decision to trade or maintain your initial holdings (include reference to news items where appropriate). Summaries will be checked for integrity via turnitin. This is an individual assignment.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finance for Non Financial Managers

Authors: Pierre Bergeron

7th edition

176530835, 978-0176530839

More Books

Students also viewed these Finance questions

Question

Were all members comfortable brainstorming in front of each other?

Answered: 1 week ago