Academy Risk management for funded traders Quiz Course quiz
Risk management for funded traders quiz 10 questions on the Risk management for funded traders course. Choose an answer and check it to see whether it is right and why. Nothing is saved and there is nothing to sign up for.
Questions 10 Question 1 of 10 On a $10,000 Direct account, what is the profit target in dollars? A A. $500 B B. $800 C C. $1,000 D D. $600
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Question 2 of 10 You trade a $25,000 Classic account and risk 0.5% a trade. Your stop on EUR/USD is 25 pips, and one standard lot moves $10 a pip. What size keeps the risk on plan? A A. 0.50 lots B B. 0.25 lots C C. 1.00 lot D D. 1.25 lots
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Question 3 of 10 Your journal shows a 40% win rate, an average win of 2R and an average loss of 1R. What is your expectancy per trade? A A. +0.8R B B. -0.2R C C. +1.2R D D. +0.2R
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Question 4 of 10 On the first day of a $10,000 Classic account you start with no open trades. By lunchtime you have closed $350 of losses, and your one open position is $160 down. What has happened? A A. Nothing yet, because only closed trades count B B. The account has ended, because the open loss takes the day past the $500 limit C C. You receive a warning and can carry on trading tomorrow D D. The daily limit rises to $650 to make room for the open position
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Question 5 of 10 A $10,000 Direct account has grown to $10,800. Where is the maximum loss floor now? A A. $9,400 B B. $10,152 C C. $10,200 D D. $9,000
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Question 6 of 10 Your plan for a $10,000 Classic account sets a personal daily stop at 30% of the daily loss limit. What is that stop in dollars on the first day? A A. $50 B B. $300 C C. $150 D D. $500
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Question 7 of 10 Which of these is a circuit breaker? A A. Doubling your size after two losses to get back to flat B B. Stepping away for 30 minutes after two losses in a row C C. Moving your stop further away so the trade has more room D D. Promising yourself you will trade more carefully tomorrow
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Question 8 of 10 You planned to risk $50 and closed the trade early, $35 down. What does your journal record in R? A A. -0.35R B B. -1.0R C C. -1.4R D D. -0.7R
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Question 9 of 10 You reach the $1,000 target on a $10,000 Direct account on your second trading day. Have you passed? A A. Not yet, because you need at least 3 trading days and the loss limits still apply B B. Yes, reaching the target is enough C C. Not yet, because you need 10 trading days D D. Yes, as long as none of your trades lost money
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Question 10 of 10 At the reward stage your simulated account shows $2,000 of gains when a reward is worked out, and you bought the 90% add-on. What is your reward? A A. $1,600 B B. $2,000 C C. $1,800 D D. $200
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All trading is simulated. Rewards are based on performance and are not guaranteed.
