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    Fundamentals of Investing Study Set 3
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    Exam 9: Market Efficiency and Behavioral Finance
  5. Question
    The Odd-Lot Trading Theory Advocates That Small Investors
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The Odd-Lot Trading Theory Advocates That Small Investors

Question 2

Question 2

Multiple Choice

The odd-lot trading theory advocates that small investors


A) tend to buy high and sell low.
B) react in a manner which generally forecasts the future direction of the market.
C) are the first to react to market changes.
D) tend to be the first to speculate on a bull market.

Correct Answer:

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