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Howard Is Being Transferred from the County Jail to the State

question 12

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Howard is being transferred from the county jail to the state correctional system. He has never been to prison before and does not know what to expect. He is speaking to another inmate named Darryl on the bus ride over. Darryl has been to prison many times before and is familiar with the processes that inmates go through.
-Darryl tries to explain the unwritten rules that exist in prison to Howard. He explains to Howard that if he follows these rules, his sentence will be easier. What are these rules called?


Definitions:

Relative Strength

A momentum investing technique that compares the performance of a stock or security to the market or its peers.

Support Level

Support Level is a price level at which a security tends to stop falling because there is more demand than supply, potentially preventing the price from declining further.

10-day Minimum Price

The lowest trading price of a security over a 10-day period, often used by traders to make buying or selling decisions.

Limit To Arbitrage

This refers to constraints that prevent traders from correcting mispricing in financial markets, often caused by factors like regulations, trading costs, or risk.

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