Episode 5
Wall Street Status: - Strategy is the key to high profit as stock prices fluctuate throughout the day
Is a profitable day in the stars? Sandra meets with a financial astrologer, but talk soon turns to her personal life. Alex explains his own strategies for breaking and re-grouping while Ted, an experienced floor trader, reflects on the Stock Exchange’s significance. Tim meets with Sandra for a business lunch, but seems more intent on sealing the deal with a date.
Street Talk: - Long biased: believing the price of a stock will rise over time
- Dead Cat Bounce: Stock that is sold off very sharply and then has a little bounce back up
- Stop Loss: Automatically triggered selling when a stock drops to a certain point
