Market knowledge test
How well do you know the nuances of currency trading? Test your knowledge in issue 2 ForTrader.org magazine.
1. What is the main task of setting the StopLoss level?
a. Get additional profits;
b. Limit the risks;
c. Open a deal;
d. All three are correct.
2. Before you make a transaction, you need to know
a. The price at which a trade should be closed when making a profit;
b. The price at which you should close the deal if you get a loss;
c. Maximum transaction time;
d. All of the answers are correct.
3. Which Dow Jones index does not exist?
a. Dow Jones Industrial Average;
b. Dow Jones Financial Index;
c. Dow Jones Transport Index;
d. Dow Jones Commodity Index.
4. What is the name of the Central Bank of the Eurozone?
a. ECB;
b. SFR;
c. CBE;
d. FED.
5. Market participants who are interested in lowering the value of the currency are called:
a. Owls;
b. Bears;
c. Bunnies;
d. Bulls.
(Answers: b, d, b, a,b)