1. Journaling trades helps mainly by…
- Revealing patterns in your behaviour
- Lowering spreads
- Increasing leverage
- Predicting news
✅ Answer: Revealing patterns in your behaviour
2. Expectancy combines win rate with…
- Spread
- Average reward-to-risk
- Leverage
- Session
✅ Answer: Average reward-to-risk
3. The safest way to survive a losing streak is…
- Double down each loss
- Consistent small risk per trade
- Remove stops
- Trade bigger to recover
✅ Answer: Consistent small risk per trade
4. A stop-loss exists primarily to…
- Guarantee profit
- Cap the loss on a trade
- Increase leverage
- Widen the spread
✅ Answer: Cap the loss on a trade
5. Automating your analysis primarily reduces…
- Emotion and inconsistency in decisions
- Your win rate
- The need for a plan
- Market volatility
✅ Answer: Emotion and inconsistency in decisions
6. A 2:1 reward-to-risk trade risks $50 to make…
✅ Answer: $100
7. Gold is quoted on charts as which symbol?
- GC / XAU/USD
- GLD only
- AU/EUR
- GDX
✅ Answer: GC / XAU/USD
8. RSI is traditionally 'overbought' above…
✅ Answer: 70
9. 'Timing your trading window' means…
- Trading when your setups statistically work, not all day
- Trading 24/7
- Only Fridays
- Never using stops
✅ Answer: Trading when your setups statistically work, not all day
10. Patience for A+ setups tends to…
- Improve expectancy
- Lower win rate
- Widen spreads
- Raise fees
✅ Answer: Improve expectancy
11. Many prop firms restrict trading around news because…
- Of extreme volatility and slippage
- It's illegal
- Spreads go to zero
- Servers shut down
✅ Answer: Of extreme volatility and slippage
12. A 'support' level is where price tends to…
- Stop falling and bounce
- Accelerate down
- Always break
- Gap up
✅ Answer: Stop falling and bounce