Academy Trading foundations Quiz Course quiz
Trading foundations quiz 10 questions on the Trading foundations 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 You buy a CFD on 150 shares at $40.00 and close it at $38.80. What is the result before costs? A A. A $180 gain B B. A $180 loss C C. A $120 loss D D. An $18 loss
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Question 2 of 10 USD/JPY rises from 148.30 to 148.75. How many pips has it moved? A A. 0.45 pips B B. 4.5 pips C C. 45 pips D D. 450 pips
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Question 3 of 10 How much margin does 1 standard lot of EUR/USD need at 1.1000 with 1:100 leverage? A A. $11 B B. $110 C C. $1,000 D D. $1,100
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Question 4 of 10 Two traders each buy a $10,000 Classic account, one at 1:100 leverage and one at 1:500. What is each one's daily loss limit on the first day? A A. $500 for both B B. $500 at 1:100 and $2,500 at 1:500 C C. $100 for both D D. $1,000 for both
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Question 5 of 10 EUR/USD shows a bid of 1.10000 and an ask of 1.10015. What does the spread cost on 2 lots? A A. $3 B B. $15 C C. $30 D D. $150
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Question 6 of 10 EUR/USD trades at 1.0851. You want to buy only if price breaks above resistance at 1.0880. Which order fits? A A. A buy limit at 1.0880 B B. A sell limit at 1.0880 C C. A market order now D D. A buy stop at 1.0882
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Question 7 of 10 Why can a stop loss close a trade at a worse price than the level you set? A A. A triggered stop becomes a market order and fills at the next available price B B. The platform adds a fixed charge to every stop C C. Stop losses only fill at the end of the day D D. The spread is removed when the stop triggers
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Question 8 of 10 You sell 0.5 lots of GBP/USD at 1.2650 and buy back at 1.2610. What is the result before costs? A A. A $200 loss B B. A $200 gain C C. A $20 gain D D. A $2,000 gain
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Question 9 of 10 For most of the year, when do the London and New York sessions overlap in UK time? A A. 08:00 to 09:00 B B. 00:00 to 07:00 C C. 13:00 to 17:00 D D. 17:00 to 22:00
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Question 10 of 10 An hourly candle opens at 1.3420, has a high of 1.3438 and a low of 1.3405, and closes at 1.3412. Which description is correct? A A. Bullish, with an 8-pip body B B. Bearish, with a 22-pip body C C. Bullish, with a 33-pip body D D. Bearish, with an 8-pip body and an 18-pip upper wick
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