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Journaling should be a part of your trading plan.

• True

• False

What percentage of your account are you supposed to trade with?

• 10%

• 2%

• Whatever you're comfortable WITH losing

• Enough to make some money

Stop-_________orders buy or sell at a specific price once the contract reaches a certain stop price.

Answer explanation

Stop-limit orders, which are orders to buy or sell at a specific price once the security's price reaches a certain stop price. Stop-limit orders may not get executed whereas a stop-loss order will always be executed (assuming there are buyers and sellers for the security).

What is GTC?

• Good Til Christmas

• Get Two Cans

• Good Til Canceled

• Great Til Canceled

Answer explanation

A Good 'til Cancelled (GTC) order is an order that is working regardless of the time frame, until the order is explicitly cancelled.

If you fail to plan you plan to........!

• FAIL

• FALL

• FORGET

• FEED

What Is a Trailing Stop?

• A typical stop order

• modified contract

• a modification of a typical stop order that can be set at a defined percentage or dollar amount

• WHat stop?

What times of the day have the most volume (buying & selling).

• 12pm-1pm

• 9am-11am

• 4pm-5pm

• 11am-2pm

Trading can be exciting and even profitable if you are able to stay......

• in the streets

• focused, do due diligence, and keep emotions at bay.

• on social media, do little work, over emotional and lazy

If you scale into a trade, what are you doing?

• I am Buying a little number of contracts as soon as i see it go up.

• Going all in at once waiting to buy more

• I am buying contracts slowly until I reach my peak only after my entry has been confirmed

• I am buying my maxed size contracts then selling for a loss.

What should you do first when it comes to trading?

• Watch CNBC

• Wait for Cramer to tell me what todo

• Due diligence

• open my charts