1. You buy EUR/USD at 1.1000 and place your Stop Loss at 1.0950.
Price falls to 1.0950.
What happens?
A. You make a profit
B. Your trade is closed at/around the Stop Loss and you take a loss
C. Your position automatically doubles
D. Nothing happens
2. You enter a BUY trade at $100 and set your Take Profit at $110.
Price reaches $110.
What should happen?
A. The trade closes and you secure your planned profit
B. You automatically lose money
C. Your Stop Loss moves to $110
D. The trade must remain open
What's your take?, pls try to answer from your knowledge..