Comprehensive OTA Quiz

What is the first step in my daily trading process?

• Technical analysis and marking zones

• Placing limit orders

• Watching news reports

• Selecting strike prices

Which timeframes do I use for identifying supply and demand zones?

• Only 1-minute and 5-minute

• Weekly and monthly

• Higher timeframes like 1H, 2H, 4H

• Daily and pre-market only

What type of stocks do I primarily trade?

• Penny stocks

• Large-cap stocks from the S&P 500

• Foreign exchange stocks

• Mid-cap biotech stocks

What is the minimum number of confirmations Damaris usually waits for before entering a trade?

• One

• Two

• Three

• Five

Which of the following would Damaris consider a red flag when entering a trade?

• Price opening near a marked zone

• Price being above VWAP, 9 EMA, and open price

• Volume decreasing on a breakout attempt

• Multiple confirmations aligning with her thesis

Answer explanation

What tools do I combine with supply and demand for pre-market analysis?

Why do I trade large-cap stocks like SPY, QQQ, NVDA, etc.?

• They are less volatile

• They are easier to swing trade

• They show consistent institutional trading activity

• They offer more dividend income

What determines whether Damaris plans for a reversal or breakout setup?

• How close price opens to a zone

• The news sentiment

• Market cap of the stock

• Volume on the previous day

In my two-step trading process, what is Step 1?

• Zoom into the 5-min chart

• Select expiration date

• Identify a zone

• Set a mental stop loss

What do I use Bookmap for?

• Identifying implied volatility

• Tracking macro news

• Spotting volume anomalies and buyer/seller absorption

• Checking option Greeks