Trading psychology can be tricky. Test your knowledge with our quiz and see how much you know about trading psychology. Good luck.
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You took a trade thinking that it would be a sure-shot success. However, it starts turning against you. What should you do now?
The rules required in trading should be …
You took a trade but that didn’t work out. Now, in order to recover the losses, you take another trade with double the position size. This is an example of:
Trading psychological emotions include …
An emotional feeling that comes as a result of failure, rejection or pain is …
How can one control greed when trading?
Fear among traders may be as a result of …
Being overly confident can lead to huge drawdowns on your account.
Which of the following performance metrics should be documented in a trading journal?
The Cycle of Doom can be described as a vicious circle of unsuccessful trading strategies.
Forex traders blocks normally occur after a significant win or a significant loss.
Being positive can make a big difference to your overall trading success.
Euphoria classifies as …
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