Given:
Trading account = $1,000
Risk per trade = 2%
Convert 2% to a decimal: 2%=2/100=0.02
Now calculate: $1,000 * 0.02=$20
Answer: B. $20
So, you are risking $20 on each trade.
Nice
Weldone
Good evening guys
Any drills today
I think they’ll post the post from tomorrow
Good morning everyone, hope we all slept well?
New questions
Question 4
You have a 1:3 RR setup. You risk $50.
Your stop loss is hit. How much do you lose?
A. $50
B. $100
C. $150
D. $200
Question 5
Your account is $2,000. You risk 1.5% on a trade.
What is your maximum acceptable loss?
A. $15
B. $20
C. $30
D. $45
Drills have been posted sir
We sure did
Acc balance: $2,000
Risk: 1.5 ( for 0.015)
2,000 x 0.015 =30
So, $30
the stop loss was triggered so it’s basically on the risked money which is $50
So, it’s still $50
Welcome
$50
Good morning traders
How does this things work ma pls i want to learn
Good morning wavey
The answer is C
Since it’s just risking, I think it’s just the $50 that’ll be risked or that will lose
I think they are just drills, like small wise stools based on the teachings, observations and contributions
1.5% of 2,000 is 30$
