Kevin Andrews
Quiz by , created more than 1 year ago

When starting something new, you have to know exactly how you will make money. The same goes for forex. Put your knowledge to the test by taking this quiz!

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Kevin Andrews
Created by Kevin Andrews over 6 years ago
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How Do You Trade Forex

Question 1 of 3

1

Q: In forex jargon, when you are going short, you are said to be...

Select one of the following:

  • Losing a trade

  • Buying

  • Selling

Explanation

Question 2 of 3

1

Q: What is the difference between the bid and ask price called?

Select one of the following:

  • Margin

  • Leverage

  • Spread

Explanation

Question 3 of 3

1

Q: How much money do you risk when you're trading demo?

Select one of the following:

  • Depends on the broker

  • $100-$200

  • $1,000

  • Zero

Explanation

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