Forex Trading Quiz – Level 10
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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Question 1 of 15
1. Question
You took a trade thinking that it would be a sure-shot success. However, it starts turning against you. What should you do now?
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Question 2 of 15
2. Question
The rules required in trading should be …
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Question 3 of 15
3. Question
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:
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Question 4 of 15
4. Question
Trading psychological emotions include …
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Question 5 of 15
5. Question
An emotional feeling that comes as a result of failure, rejection or pain is …
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Question 6 of 15
6. Question
How can one control greed when trading?
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Question 7 of 15
7. Question
Fear among traders may be as a result of …
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Question 8 of 15
8. Question
Being overly confident can lead to huge drawdowns on your account.
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Question 9 of 15
9. Question
Which of the following could be described as a key to successful trading?
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Question 10 of 15
10. Question
How can a trader use a trading journal to regain confidence?
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Question 11 of 15
11. Question
Which of the following performance metrics should be documented in a trading journal?
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Question 12 of 15
12. Question
The Cycle of Doom can be described as a vicious circle of unsuccessful trading strategies.
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Question 13 of 15
13. Question
Forex traders blocks normally occur after a significant win or a significant loss.
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Question 14 of 15
14. Question
Being positive can make a big difference to your overall trading success.
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Question 15 of 15
15. Question
Euphoria classifies as …
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