📚 STUDY SET

Prop Firm Prep

12 practice questions with answers. Think you know them? Play them live →

1. A 'fair value gap' is…
  • An imbalance / inefficiency in price
  • The spread
  • A dividend
  • A rollover fee
✅ Answer: An imbalance / inefficiency in price
2. Stochastic oscillator compares close to…
  • Its range over a period
  • Volume
  • The spread
  • The MA
✅ Answer: Its range over a period
3. FOMO stands for…
  • Fear Of Missing Out
  • Fixed Order Market Open
  • Forex Options Margin Order
  • Full Order Money Out
✅ Answer: Fear Of Missing Out
4. 'The Train Schedule' in A.D.A.M. is a framework for understanding…
  • When institutional moves tend to run
  • Train timetables
  • Economic GDP
  • Option expiry
✅ Answer: When institutional moves tend to run
5. The 'Pain-Pleasure Rewire' is about…
  • Re-associating what your brain links to trading actions
  • A charting pattern
  • A broker rebate
  • A candlestick
✅ Answer: Re-associating what your brain links to trading actions
6. A 'breakout' is price moving…
  • Out of a defined range
  • Sideways
  • To the MA
  • Into the spread
✅ Answer: Out of a defined range
7. 'The Entry' lesson dissects…
  • Executing trades with precision at a level
  • Entering giveaways
  • Data entry
  • Login flows
✅ Answer: Executing trades with precision at a level
8. Position size should be derived from…
  • A fixed lot every time
  • Stop distance and risk %
  • Gut feel
  • The spread
✅ Answer: Stop distance and risk %
9. The bootcamp contrasts RETAIL order liquidity with…
  • Institutional order liquidity
  • Weekend liquidity
  • Crypto liquidity
  • Dividend liquidity
✅ Answer: Institutional order liquidity
10. The bootcamp's first lesson theme is…
  • Psychology, accountability & pivoting
  • Buying a VPS
  • Choosing a laptop
  • Tax filing
✅ Answer: Psychology, accountability & pivoting
11. Recognizing 'mentally drained vs recharged' matters because…
  • State determines execution quality
  • It sets the spread
  • It picks the pair
  • It changes leverage
✅ Answer: State determines execution quality
12. Which order fills at the best available price immediately?
  • Limit order
  • Stop order
  • Market order
  • Trailing order
✅ Answer: Market order

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