Q1. For which case, the traders and investors should make their strategy?
A. Best Case
B. Average Case
C. Worst Case
D. Traders can make strategy for any case but they should know how to execute
Q2. Which subject’s knowledge is necessary for the successful traders?
A. Mathematics
B. Trading
C. Business Management
D. Statistics
Q3. Which is the most useful Leverage for a good trader?
A. 10:1
B. 40:1
C. 100:1
D. Anyone could be, the trading depends on how to use it
Q4. What is the difference between the Volatility Stop and the Chart Stop?
A. Volatility Stops are more accurate decisions
B. Volatility Stops are older than the Chart Stops
C. Volatility Stops are based on the Overbought and Oversold conditions in the market
D. None of these
Q5. In which type of Stop, stop loss is placed based on the amount that you can afford to lose in one trade?
A. Volatility Stop
B. Chart Stop
C. Margin Stop
D. Equity Stop
Q6. Which two Stops are similar?
A. Equity Stop and Margin Stop
B. Equity Stop and Chart Stop
C. Volatility Stop and Chart Stop
D. Margin Stop and Chart Stop
Q7. Which relation does the Risk and Reward have in between in Forex Trading?
A. Direct Relation
B. Indirect Relation
C. Sometimes direct and sometimes indirect
D. None
Q8. What is Maximum Drawdown?
Biggest drop of price from peak to bottom in a fixed period of time
Smallest drop of price from peak to bottom in a fixed period of time
Biggest rise of price from peak to bottom in a fixed period of time
Smallest rise of price from peak to bottom in a fixed period of time
Q9. Which holds true for the Maximum Drawdown?
A. It is equal to or greater than the difference of maximum loss and the maximum profit
B. It is equal to or smaller than the difference of maximum loss and the maximum profit
C. Both of the above can be true in different market situations
D. None of the above
Q10. How much percent do the Psychology of the traders and investors account for in the Forex Trading?
A. 50%
B. 75%
C. 90%
D. 95%
Answer of Question 1: C
Answer of Question 2: D
Answer of Question 3: A
Answer of Question 4: A
Answer of Question 5: D
Answer of Question 6: C
Answer of Question 7: A
Answer of Question 8: A
Answer of Question 9: B
Answer of Question 10: B