1. What is a Stop Loss (SL)?
A. An order that guarantees profit
B. An order used to limit potential loss
C. An order that increases leverage
D. An order used to enter only
2. What is Take Profit (TP)?
A. A level where a trader exits to secure a planned profit
B. A level where a trader increases their risk
C. A type of indicator
D. A broker fee
3. What does RR mean in trading?
A. Risk Rate
B. Return Ratio
C. Risk-to-Reward
D. Risk Return
4. What does a bullish market generally mean?
A. Prices are generally moving upward
B. Prices are generally moving downward
C. The market is closed
D. Volatility is zero
5. What does a bearish market generally mean?
A. Prices are generally moving upward
B. Prices are generally moving downward
C. Buyers control everything
D. There is no liquidity
6. What is leverage?
A. A tool that allows traders to control a larger position with less capital
B. Guaranteed profit
C. A type of candlestick
D. A trading strategy
7. What is a market order?
A. An order to enter at the current available market price
B. An order that can never be filled
C. An order placed only after a stop loss
D. An order used only for selling
8. What is a liquidity sweep?
A. When price takes out an area containing orders/liquidity before potentially reversing or continuing
B. When a broker closes the market
C. When spreads become zero
D. When volume disappears
9. What is support?
A. An area where buying interest may help prevent price from falling further
B. An area where price must always rise
C. A type of leverage
D. A broker's fee
10. What is resistance?
A. An area where selling pressure may limit upward price movement
B. A guaranteed reversal point
C. A type of stop loss
D. A trading account
Here are some simple questions based on the previous classes we've had, let's bring in our answers