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10000584
How Do You Trade Forex
Description
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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trading basics
lsat
Quiz by
Kevin Andrews
, updated more than 1 year ago
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Created by
Kevin Andrews
over 6 years ago
16
0
0
Resource summary
Question 1
Question
Q: In forex jargon, when you are going short, you are said to be...
Answer
Losing a trade
Buying
Selling
Question 2
Question
Q: What is the difference between the bid and ask price called?
Answer
Margin
Leverage
Spread
Question 3
Question
Q: How much money do you risk when you're trading demo?
Answer
Depends on the broker
$100-$200
$1,000
Zero
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